First Trust RiverFront Dynamic Europe ETF Short Interest Update
| RFEU Etf | USD 68.66 0.15 0.22% |
Slightly above 62% of First Trust's investor base is looking to short. The current sentiment regarding investing in First Trust RiverFront etf implies that many traders are alarmed. First Trust's investing sentiment can be driven by a variety of factors including economic data, First Trust's earnings reports, geopolitical events, and overall market trends.
First Trust RiverFront Dynamic Europe ETF saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 11,900 shares, a decrease of 18.5 percent from the February 28th total of 14,600 shares. Based on an average daily trading volume, of 800 shares,
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First Trust Fundamental Analysis
We analyze First Trust'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 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.
Total Asset
Total Asset Comparative Analysis
First Trust is currently under evaluation in total asset as compared to similar ETFs. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
First Trust RiverFront Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with First Trust etf to make a market-neutral strategy. 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 with similar companies.
Peers
First Trust Related Equities
| RNEM | First Trust | 0.46 | ||||
| RFEM | First Trust | 0.23 | ||||
| FEUZ | First Trust | 0.28 | ||||
| RFDI | First Trust | 0.57 |
Check out First Trust Hype Analysis, First Trust Correlation and First Trust Performance. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of First Trust RiverFront 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.