First Asset One Year Return vs. Last Dividend Paid

ZXM Etf  CAD 42.42  0.24  0.57%   
Based on First Asset's profitability indicators, First Asset Morningstar may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in December. Profitability indicators assess First Asset's ability to earn profits and add value for shareholders.
For First Asset profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Asset to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First Asset Morningstar utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Asset's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First Asset Morningstar over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between First Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Asset'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.

First Asset Morningstar Last Dividend Paid vs. One Year Return Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining First Asset's current stock value. Our valuation model uses many indicators to compare First Asset value to that of its competitors to determine the firm's financial worth.
First Asset Morningstar is rated first in one year return as compared to similar ETFs. It is rated first in last dividend paid as compared to similar ETFs . The ratio of One Year Return to Last Dividend Paid for First Asset Morningstar is about  265.52 . Comparative valuation analysis is a catch-all model that can be used if you cannot value First Asset by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First Asset's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

First Last Dividend Paid vs. One Year Return

One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.

First Asset

One Year Return

 = 

(Mean of Monthly Returns - 1)

X

100%

 = 
23.10 %
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Last Dividend Paid refers to dividend per share(DPS) paid to the shareholder the last time dividends were issued by a company. In its conventional sense, dividends refer to the distribution of some of a company's net earnings or capital gains decided by the board of directors.

First Asset

Last Dividend

 = 

Last Profit Distribution Amount

Total Shares

 = 
0.087
Many stable companies today pay out dividends to their shareholders in the form of the income distribution, but high-growth firms rarely offer dividends because all of their earnings are reinvested back to the business.

First Last Dividend Paid Comparison

First Asset is currently under evaluation in last dividend paid as compared to similar ETFs.

First Asset Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in First Asset, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Asset will eventually generate negative long term returns. The profitability progress is the general direction of First Asset's change in net profit over the period of time. It can combine multiple indicators of First Asset, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar Developed Markets ex-North America Target Momentum Index, net of expenses. CI FA is traded on Toronto Stock Exchange in Canada.

First Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on First Asset. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of First Asset position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the First Asset's important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in First Asset without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Use Investing Themes to Complement your First Asset position

In addition to having First Asset in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Medical Equipment
Medical Equipment Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Medical Equipment theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Medical Equipment Theme or any other thematic opportunities.
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Other Information on Investing in First Etf

To fully project First Asset's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of First Asset Morningstar at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include First Asset's income statement, its balance sheet, and the statement of cash flows.
Potential First Asset investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although First Asset investors may work on each financial statement separately, they are all related. The changes in First Asset's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Asset's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.