First Trust Specialty Fund Analysis

FGB Fund  USD 4.22  0.06  1.44%   
First Trust Specialty is fairly valued with Real Value of 4.16 and Hype Value of 4.22. The main objective of First Trust fund analysis is to determine its intrinsic value, which is an estimate of what First Trust Specialty is worth, separate from its market price. There are two main types of First Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of First Trust Specialty. On the other hand, technical analysis, focuses on the price and volume data of First Fund to identify patterns and trends that may indicate its future price movements.
The First Trust fund 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. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and First Trust's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Specialty. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in price.

First Fund Analysis Notes

The fund last dividend was 0.33 per share. Financial It is possible that First Trust Specialty fund was delisted, renamed or otherwise removed from the exchange. To learn more about First Trust Specialty call the company at 630-765-8000 or check out https://www.ftportfolios.com/Retail/Cef/CefSummary.aspx?Ticker=FGB.

First Trust Specialty Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more funds at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. First Trust's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding First Trust Specialty or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.

First Market Capitalization

The company currently falls under 'Micro-Cap' category with a total capitalization of 59.19 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.

Institutional Fund 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 Specialty 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.
RDWGXAmerican Funds DevelopingMutual FundDiversified Emerging Mkts
RDWFXAmerican Funds DevelopingMutual FundDiversified Emerging Mkts
RDWEXAmerican Funds DevelopingMutual FundDiversified Emerging Mkts
RDWCXAmerican Funds DevelopingMutual FundDiversified Emerging Mkts
RDWBXAmerican Funds DevelopingMutual FundDiversified Emerging Mkts
RDWAXAmerican Funds DevelopingMutual FundDiversified Emerging Mkts
RDEGXAmerican Funds DevelopingMutual FundDiversified Emerging Mkts
CDWAXAmerican Funds DevelopingMutual FundDiversified Emerging Mkts
More Details
Note, although First Trust's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Technical Drivers

As of the 26th of November, First Trust shows the Downside Deviation of 0.9977, coefficient of variation of 729.05, and Mean Deviation of 0.6972. First Trust Specialty 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 Specialty Price Movement Analysis

Execute Study
java.lang.NullPointerException: Cannot invoke "java.lang.Number.intValue()" because the return value of "sun.invoke.util.ValueConversions.primitiveConversion(sun.invoke.util.Wrapper, Object, boolean)" is null. The output start index for this execution was zero with a total number of output elements of zero. 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 Specialty. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

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 Specialty 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 Specialty 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.

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 fund 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 fund 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 Fund Analysis

Fund 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 fund 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 Fund such as First Trust. By using and applying First Fund analysis, traders can create a robust methodology for identifying First entry and exit points for their positions.
First Trust Specialty Finance and Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Confluence Investment Management LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the specialty finance and other financial sectors. The fund primarily invests in value stocks of companies, as well as in Business Development Companies, REITs, and other mortgage related securities. It employs fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against a composite benchmark comprised of 70 percent Wells Fargo BDC Index, 20 percent FTSE NAREIT Mortgage REIT Index, and 10 percent SP SmallCap Financials Index. It was formerly known as First TrustGallatin Specialty Finance and Financial Opportunities Fund. First Trust Specialty Finance and Financial Opportunities Fund was formed on March 20, 2007 and domiciled in the United States.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our fund analysis tools, you can find out how much better you can do when adding First Trust to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Theme Ratings Now

   

Theme Ratings

Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

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.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
CEOs Directory
Screen CEOs from public companies around the world
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities