First Trustconfluence Small Fund Manager Performance Evaluation
| FOVAX Fund | USD 24.28 0.26 1.06% |
The fund shows a Beta (market volatility) of 0.97, which means possible diversification benefits within a given portfolio. First Trust/confluence returns are very sensitive to returns on the market. As the market goes up or down, First Trust/confluence is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days First Trustconfluence Small has generated negative risk-adjusted returns adding no value to fund investors. In spite of weak performance in the last few months, the Fund's basic indicators remain fairly strong which may send shares a bit higher in May 2025. The current disturbance may also be a sign of long term up-swing for the fund investors.
...moreFirst |
First Trust/confluence Relative Risk vs. Return Landscape
If you would invest 2,833 in First Trustconfluence Small on January 17, 2025 and sell it today you would lose (405.00) from holding First Trustconfluence Small or give up 14.3% of portfolio value over 90 days. First Trustconfluence Small is currently producing negative expected returns and takes up 1.7116% volatility of returns over 90 trading days. Put another way, 15% of traded mutual funds are less volatile than First, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
First Trust/confluence Current Valuation
Fairly Valued
Today
Please note that First Trust/confluence's price fluctuation is very steady at this time. At this time, the entity appears to be fairly valued. First Trust/confluence shows a prevailing Real Value of $24.73 per share. The current price of the fund is $24.28. We determine the value of First Trust/confluence from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since First Trust/confluence is currently traded on the exchange, buyers and sellers on that exchange determine the market value of First Mutual Fund. However, First Trust/confluence's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 24.28 | Real 24.73 | Hype 24.28 |
The intrinsic value of First Trust/confluence's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence First Trust/confluence's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of First Trustconfluence Small helps investors to forecast how First mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of First Trust/confluence more accurately as focusing exclusively on First Trust/confluence's fundamentals will not take into account other important factors: First Trust/confluence Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Trust/confluence's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as First Trustconfluence Small, and traders can use it to determine the average amount a First Trust/confluence's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1368
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FOVAX |
Estimated Market Risk
| 1.71 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average First Trust/confluence is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of First Trust/confluence by adding First Trust/confluence to a well-diversified portfolio.
First Trust/confluence Fundamentals Growth
First Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of First Trust/confluence, and First Trust/confluence fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on First Mutual Fund performance.
| Price To Earning | 25.77 X | ||||
| Price To Book | 2.70 X | ||||
| Price To Sales | 1.85 X | ||||
| Total Asset | 27.66 M | ||||
About First Trust/confluence Performance
Evaluating First Trust/confluence's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if First Trust/confluence has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if First Trust/confluence has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of its net assets in equity securities of U.S. listed companies with small market capitalizations at the time of investment. Currently, a company will be considered to be a Small-Cap Company if its market capitalization at the time of purchase is within the range of companies in the Russell 2000 Index or the SP SmallCap 600 Index during the most recent 12-month period .Things to note about First Trust/confluence performance evaluation
Checking the ongoing alerts about First Trust/confluence for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for First Trust/confluence help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| First Trust/confluence generated a negative expected return over the last 90 days | |
| The fund generated three year return of -5.0% | |
| First Trust/confluence retains about 5.2% of its assets under management (AUM) in cash |
- Analyzing First Trust/confluence's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether First Trust/confluence's stock is overvalued or undervalued compared to its peers.
- Examining First Trust/confluence's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating First Trust/confluence's management team can have a significant impact on its success or failure. Reviewing the track record and experience of First Trust/confluence's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of First Trust/confluence's mutual fund. These opinions can provide insight into First Trust/confluence's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in First Mutual Fund
First Trust/confluence financial ratios help investors to determine whether First Mutual 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/confluence security.
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