First Trust Skybridge Etf Ten Year Return
| CRPT Etf | USD 20.57 1.69 8.95% |
First Trust SkyBridge fundamentals help investors to digest information that contributes to First Trust's financial success or failures. It also enables traders to predict the movement of First Etf. The fundamental analysis module provides a way to measure First Trust's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Trust etf.
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First Trust SkyBridge ETF Ten Year Return Analysis
First Trust's Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
More About Ten Year Return | All Equity Analysis
Ten Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
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Based on the latest financial disclosure, First Trust SkyBridge has a Ten Year Return of 0.0%. This is 100.0% lower than that of the First Trust family and about the same as Digital Assets (which currently averages 0.0) category. The ten year return for all United States etfs is 100.0% higher than that of the company.
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Fund Asset Allocation for First Trust
The fund invests 99.94% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides First Trust's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
First Fundamentals
| Return On Asset | -311.75 | |||
| Shares Outstanding | 30.27 M | |||
| Price To Earning | 0.05 X | |||
| Price To Book | 0.05 X | |||
| Price To Sales | 6.73 X | |||
| Revenue | 4.5 K | |||
| Net Income | (3.88 M) | |||
| Cash And Equivalents | 31.68 K | |||
| Current Ratio | 0.47 X | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (1.79 M) | |||
| Earnings Per Share | (0.14) X | |||
| Market Capitalization | 30.27 K | |||
| Total Asset | 22.03 M | |||
| Retained Earnings | (4 M) | |||
| Current Asset | 67 K | |||
| Current Liabilities | 141 K | |||
| One Year Return | 177.60 % | |||
| Three Year Return | (5.10) % | |||
| Net Asset | 22.03 M | |||
| Equity Positions Weight | 99.94 % |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust SkyBridge's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Trust SkyBridge based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
Explore Investment Opportunities
Check out First Trust Piotroski F Score and First Trust Altman Z Score analysis. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of First Trust SkyBridge is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.