First Trust Senior Etf Analysis
FCT Etf | USD 10.37 0.06 0.58% |
First Trust Senior is fairly valued with Real Value of 10.33 and Hype Value of 10.37. The main objective of First Trust etf analysis is to determine its intrinsic value, which is an estimate of what First Trust Senior is worth, separate from its market price. There are two main types of First Etf analysis: fundamental analysis and technical analysis.
The First Trust etf is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
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First Etf Analysis Notes
The fund last dividend was 0.83 per share. First Trust Senior Floating Rate Income Fund II is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. Senior Floating is listed under Asset Management in the United States and is traded on New York Stock Exchange exchange.It is possible that First Trust Senior etf was renamed or delisted. To learn more about First Trust Senior call the company at (61) 02 9409 7000 or check out www.firstwavecloud.com.First Trust Senior Investment Alerts
First Trust Senior has 116 M in debt with debt to equity (D/E) ratio of 0.39, which is OK given its current industry classification. First Trust Senior has a current ratio of 0.11, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist First Trust until it has trouble settling it off, either with new capital or with free cash flow. So, First Trust's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First Trust Senior sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Trust's use of debt, we should always consider it together with cash and equity. | |
The entity reported the last year's revenue of 20.08 M. Reported Net Loss for the year was (11.08 M) with profit before taxes, overhead, and interest of 20.08 M. | |
Over 80.0% of First Trust shares are owned by institutional investors | |
Latest headline from seekingalpha.com: First Trust Senior Floating Rate Income Fund II declares 0.097 dividend |
First Market Capitalization
The company currently falls under 'Small-Cap' category with a total capitalization of 331.6 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate First Trust's market, we take the total number of its shares issued and multiply it by First Trust's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.First Profitablity
The company has Net Profit Margin of (55.2) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 80.3 %, which entails that for every 100 dollars of revenue, it generated $80.3 of operating income.Institutional Etf Holders for First Trust
Have you ever been surprised when a price of an equity instrument such as First Trust is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Trust Senior backward and forwards among themselves. First Trust's institutional investor refers to the entity that pools money to purchase First Trust's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
VPC | Virtus Private Credit | Etf | Nontraditional Bond |
Technical Drivers
As of the 22nd of November, First Trust shows the Coefficient Of Variation of 847.35, mean deviation of 0.3788, and Downside Deviation of 0.4947. First Trust Senior technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.First Trust Senior Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. First Trust middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for First Trust Senior. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
First Trust Senior Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific First Trust insiders, such as employees or executives, is commonly permitted as long as it does not rely on First Trust's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases First Trust insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Singh Kapil over a week ago Insider Trading | ||
Urevig Katherine L over two months ago Disposition of tradable shares by Urevig Katherine L of First Trust subject to Rule 16b-3 | ||
Byrd Brett Alan over three months ago Insider Trading | ||
Housey William A Jr over three months ago Acquisition by Housey William A Jr of 500 shares of First Trust at 11.63 subject to Rule 16b-3 | ||
Fallow Christopher R over six months ago Disposition of tradable shares by Fallow Christopher R of First Trust subject to Rule 16b-3 | ||
Allen Charles Barkley over six months ago Insider Trading | ||
Wright Bronwyn over a year ago First Trust exotic insider transaction detected | ||
Brown Kathleen Wieland over a year ago First Trust exotic insider transaction detected |
First Trust Outstanding Bonds
First Trust issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. First Trust Senior uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most First bonds can be classified according to their maturity, which is the date when First Trust Senior has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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First Trust Predictive Daily Indicators
First Trust intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of First Trust etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
First Trust Forecast Models
First Trust's time-series forecasting models are one of many First Trust's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary First Trust's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About First Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how First Trust prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling First shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as First Trust. By using and applying First Etf analysis, traders can create a robust methodology for identifying First entry and exit points for their positions.
First Trust Senior Floating Rate Income Fund II is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. The fund invests in the fixed income markets of the United States. It seeks to invest in a portfolio of senior secured floating rate corporate loans. The fund benchmarks the performance of its portfolio against the SPLSTA Leveraged Loan Index. It was formerly known as First TrustFour Corners Senior Floating Rate Income Fund II. First Trust Senior Floating Rate Income Fund II was formed on May 25, 2004 and is domiciled in the United States.
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The market value of First Trust Senior 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.