First Trust Multi Strategy Fund Analysis
| FTMCX Fund | 24.57 0.07 0.29% |
First Trust's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. First Trust's financial risk is the risk to First Trust stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that First Trust's debt-to-equity ratio measures a Mutual Fund's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which First Trust is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of First Trust to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, First Trust is said to be less leveraged. If creditors hold a majority of First Trust's assets, the Mutual Fund is said to be highly leveraged.
First Trust Multi Strategy is overvalued with Real Value of 22.57 and Hype Value of 24.57. The main objective of First Trust fund analysis is to determine its intrinsic value, which is an estimate of what First Trust Multi Strategy is worth, separate from its market price. There are two main types of First Mutual Fund analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of First Trust Multi Strategy. On the other hand, technical analysis, focuses on the price and volume data of First Mutual Fund to identify patterns and trends that may indicate its future price movements.
The First Trust mutual fund is traded in the USA on NMFQS 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.
First |
First Mutual Fund Analysis Notes
The fund retains all of the assets under management (AUM) in different types of exotic instruments. LargeFirst Trust Multi Investment Alerts
| The fund retains all of the assets under management (AUM) in different types of exotic instruments |
Technical Drivers
As of the 6th of January, First Trust shows the Mean Deviation of 0.1113, standard deviation of 0.1402, and Coefficient Of Variation of 716.84. First Trust Multi 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 Multi Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Simple Moving Average indicator is calculated by adding the closing price of First Trust for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out First Trust Multi short-term fluctuations and highlight longer-term trends or cycles.
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 mutual 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 24.57 | |||
| Day Typical Price | 24.57 | |||
| Price Action Indicator | 0.035 | |||
| Period Momentum Indicator | 0.07 | |||
| Relative Strength Index | 78.6 |
First Trust Forecast Models
First Trust's time-series forecasting models are one of many First Trust's mutual 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.First Trust Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the First Trust's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of First Trust, which in turn will lower the firm's financial flexibility.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 mutual 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?
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Other Information on Investing in First Mutual Fund
First Trust 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 security.
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| Fundamental Analysis View fundamental data based on most recent published financial statements |