First Trust Mortgage Fund Net Asset
| FMY Fund | USD 12.29 0.08 0.66% |
First Trust Mortgage 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.
First |
First Trust Mortgage Fund Net Asset Analysis
First Trust's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, First Trust Mortgage has a Net Asset of 0.0. This indicator is about the same for the Financial Services average (which is currently at 0.0) family and about the same as Asset Management (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
First Net Asset 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 Net Asset 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 net asset among similar funds.
First Fundamentals
| Return On Equity | -3.7 | ||||
| Return On Asset | 1.95 | ||||
| Profit Margin | (81.33) % | ||||
| Operating Margin | 70.32 % | ||||
| Current Valuation | 42.71 M | ||||
| Shares Outstanding | 4.21 M | ||||
| Shares Owned By Insiders | 32.58 % | ||||
| Shares Owned By Institutions | 81.79 % | ||||
| Number Of Shares Shorted | 560 | ||||
| Price To Earning | 44.96 X | ||||
| Price To Book | 0.80 X | ||||
| Price To Sales | 18.56 X | ||||
| Revenue | 2.61 M | ||||
| Gross Profit | 2.64 M | ||||
| Net Income | (2.13 M) | ||||
| Cash And Equivalents | 3.43 M | ||||
| Cash Per Share | 0.81 X | ||||
| Current Ratio | 3.47 X | ||||
| Book Value Per Share | 14.45 X | ||||
| Short Ratio | 0.08 X | ||||
| Earnings Per Share | 0.26 X | ||||
| Number Of Employees | 12 | ||||
| Beta | 0.25 | ||||
| Market Capitalization | 54.85 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 6.95 % | ||||
| One Year Return | 12.49 % | ||||
| Three Year Return | 3.11 % | ||||
| Five Year Return | 2.31 % | ||||
| Last Dividend Paid | 0.66 |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust Mortgage'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 Mortgage 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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in First Fund
First Trust financial ratios help investors to determine whether First Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Trust security.
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