First Trustaberdeen Emerging Fund Cash Per Share
First Trustaberdeen Emerging fundamentals help investors to digest information that contributes to First Trustaberdeen'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 Trustaberdeen'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 Trustaberdeen fund.
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First Trustaberdeen Emerging Fund Cash Per Share Analysis
First Trustaberdeen's Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Current First Trustaberdeen Cash Per Share | 0.27 X |
Most of First Trustaberdeen's fundamental indicators, such as Cash Per Share, 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 Trustaberdeen Emerging is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
CompetitionFirst Trustaberdeen Cash Per Share Component Assessment
In accordance with the recently published financial statements, First Trustaberdeen Emerging has a Cash Per Share of 0.27 times. This is 99.25% lower than that of the Financial Services family and 98.5% lower than that of the Asset Management category. The cash per share for all United States funds is 94.61% higher than that of the company.
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First Fundamentals
| Return On Equity | -34.79 | |||
| Return On Asset | 2.26 | |||
| Operating Margin | 72.14 % | |||
| Current Valuation | 48.42 M | |||
| Shares Outstanding | 4.99 M | |||
| Shares Owned By Insiders | 12.79 % | |||
| Shares Owned By Institutions | 54.03 % | |||
| Number Of Shares Shorted | 10.97 K | |||
| Price To Earning | 5.30 X | |||
| Price To Book | 0.59 X | |||
| Price To Sales | 13.41 X | |||
| Revenue | 3.53 M | |||
| Gross Profit | 3.77 M | |||
| Net Income | (22.42 M) | |||
| Cash And Equivalents | 1.35 M | |||
| Cash Per Share | 0.27 X | |||
| Total Debt | 5.8 M | |||
| Debt To Equity | 0.12 % | |||
| Current Ratio | 0.43 X | |||
| Book Value Per Share | 16.14 X | |||
| Cash Flow From Operations | 6.64 M | |||
| Short Ratio | 0.25 X | |||
| Earnings Per Share | 1.79 X | |||
| Number Of Employees | 12 | |||
| Beta | 0.69 | |||
| Market Capitalization | 47.37 M | |||
| Z Score | 4.8 | |||
| Five Year Return | 10.46 % | |||
| Last Dividend Paid | 1.0 |
Pair Trading with First Trustaberdeen
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 Trustaberdeen 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 Trustaberdeen will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Cigna Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cigna Corp 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 Cigna Corp - 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 Cigna Corp to buy it.
The correlation of Cigna Corp 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 Cigna Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cigna Corp 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 Cigna Corp 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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Other Consideration for investing in First Fund
If you are still planning to invest in First Trustaberdeen 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 Trustaberdeen's history and understand the potential risks before investing.
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