First Trust Energy Fund Fundamentals
| FENDelisted Fund | USD 14.09 0.02 0.14% |
First Trust Energy 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 Fund. 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 fund.
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First Trust Energy Fund Price To Sales Analysis
First Trust's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current First Trust Price To Sales | 48.81 X |
Most of First Trust's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Trust Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
CompetitionBased on the latest financial disclosure, First Trust Energy has a Price To Sales of 48.81 times. This is much higher than that of the Carillon Family of Funds family and significantly higher than that of the Asset Management category. The price to sales for all United States funds is notably lower than that of the firm.
First Trust Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining First Trust's current stock value. Our valuation model uses many indicators to compare First Trust value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Trust competition to find correlations between indicators driving First Trust's intrinsic value. More Info.First Trust Energy is rated below average in price to earning among similar funds. It is one of the top funds in price to book among similar funds fabricating about 0.24 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for First Trust Energy is roughly 4.20 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Trust's earnings, one of the primary drivers of an investment's value.First Price To Sales Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Trust's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of First Trust could also be used in its relative valuation, which is a method of valuing First Trust by comparing valuation metrics of similar companies.First Trust is currently under evaluation in price to sales among similar funds.
First Fundamentals
| Return On Equity | 19.36 | |||
| Return On Asset | 0.29 | |||
| Profit Margin | 989.03 % | |||
| Operating Margin | 30.76 % | |||
| Current Valuation | 363.26 M | |||
| Shares Outstanding | 19.45 M | |||
| Shares Owned By Insiders | 23.67 % | |||
| Shares Owned By Institutions | 35.83 % | |||
| Number Of Shares Shorted | 157.72 K | |||
| Price To Earning | 4.91 X | |||
| Price To Book | 1.17 X | |||
| Price To Sales | 48.81 X | |||
| Revenue | 5.9 M | |||
| Gross Profit | 5.78 M | |||
| Net Income | 58.4 M | |||
| Cash And Equivalents | 7.99 M | |||
| Cash Per Share | 0.41 X | |||
| Total Debt | 79.2 M | |||
| Debt To Equity | 0.25 % | |||
| Current Ratio | 8.18 X | |||
| Book Value Per Share | 12.62 X | |||
| Cash Flow From Operations | 18.64 M | |||
| Short Ratio | 2.01 X | |||
| Earnings Per Share | (5.60) X | |||
| Number Of Employees | 14 | |||
| Beta | 1.18 | |||
| Market Capitalization | 315.02 M | |||
| Total Asset | 165.15 M | |||
| Retained Earnings | (14.51 M) | |||
| Annual Yield | 0.02 % | |||
| Year To Date Return | 8.41 % | |||
| One Year Return | 20.90 % | |||
| Three Year Return | 13.58 % | |||
| Five Year Return | 3.73 % | |||
| Net Asset | 469.47 M | |||
| Last Dividend Paid | 1.2 |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust Energy'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 Energy based on its fundamental data. In general, a quantitative approach, as applied to this fund, 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.First Trust Energy Income and Growth Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. First Trust Energy Income and Growth Fund was formed on March 25, 2004 and is domiciled in the United States. Energy Income operates under Asset Management classification in the United States and is traded on NYSEMKT Exchange.
Pair Trading with First Trust
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Trust position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Trust will appreciate offsetting losses from the drop in the long position's value.Moving against First Fund
| 0.83 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.8 | KO | Coca Cola Sell-off Trend | PairCorr |
| 0.76 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.65 | NHS | Neuberger Berman High | PairCorr |
The ability to find closely correlated positions to First Trust could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Trust when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Trust - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Trust Energy to buy it.
The correlation of First Trust is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Trust Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Trust can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Other Consideration for investing in First Fund
If you are still planning to invest in First Trust Energy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the First Trust's history and understand the potential risks before investing.
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