First Asset Morningstar Etf Analysis
FXM Etf | CAD 26.11 0.20 0.77% |
First Asset Morningstar is undervalued with Real Value of 27.46 and Hype Value of 26.16. The main objective of First Asset etf analysis is to determine its intrinsic value, which is an estimate of what First Asset Morningstar is worth, separate from its market price. There are two main types of First Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of First Asset Morningstar. On the other hand, technical analysis, focuses on the price and volume data of First Etf to identify patterns and trends that may indicate its future price movements.
The First Asset etf is traded in Canada on Toronto 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 Canada.
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First Etf Analysis Notes
The fund generated five year return of 14.0%. First Asset Morningstar has Annual Holdings Turnover of about 84.88% . This fund retains 99.64% of assets under management (AUM) in equities. First Asset last dividend was 0.0767 per share. The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar Canada Target Value Index , net of expenses. CI FA is traded on Toronto Stock Exchange in Canada. To learn more about First Asset Morningstar call the company at NA.First Asset Morningstar Investment Alerts
The fund retains 99.64% of its assets under management (AUM) in equities |
Management Efficiency
First Asset's management efficiency ratios could be used to measure how well First Asset manages its routine affairs as well as how well it operates its assets and liabilities.Leadership effectiveness at First Asset Morningstar is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Returns 3 Y 12.25 | Returns 5 Y 14 | Returns 1 Y 30.11 | Total Assets 305.6 M | Yield 2.27 |
Top First Asset Morningstar Etf Constituents
CG | Centerra Gold | Stock | |
LNR | Linamar | Stock | |
K | Kinross Gold Corp | Stock | |
FTS | Fortis Inc | Stock | |
TFII | TFI International | Stock | |
ACQ | Autocanada | Stock | |
H | Hydro One | Stock | |
CFP | Canfor | Stock | |
CPX | Capital Power | Stock | |
CU | Canadian Utilities Limited | Stock | |
MFC | Manulife Financial Corp | Stock | |
BHC | Bausch Health Companies | Stock | |
AAV | Advantage Oil Gas | Stock | |
CCA | Cogeco Communications | Stock | |
LB | Laurentian Bank | Stock | |
RUS | Russel Metals | Stock | |
OGC | OceanaGold | Stock | |
POW | Power | Stock | |
NA | National Bank of | Stock | |
CVE | Cenovus Energy | Stock | |
HBM | HudBay Minerals | Stock | |
EFX | Enerflex | Stock | |
IAG | iA Financial | Stock | |
MGA | Mega Uranium | Stock | |
MRE | Martinrea International | Stock |
Institutional Etf Holders for First Asset
Have you ever been surprised when a price of an equity instrument such as First Asset is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Asset Morningstar backward and forwards among themselves. First Asset's institutional investor refers to the entity that pools money to purchase First Asset'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.
Note, although First Asset'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 30th of November, First Asset shows the Downside Deviation of 0.821, coefficient of variation of 464.26, and Mean Deviation of 0.6202. First Asset Morningstar 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 Asset Morningstar Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. First Asset 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 Asset Morningstar. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
First Asset Outstanding Bonds
First Asset 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 Asset Morningstar 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 Asset Morningstar 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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Boeing Co 2196 Corp BondUS097023DG73 | View | |
HSBC Holdings PLC Corp BondUS404280DR76 | View | |
MPLX LP 52 Corp BondUS55336VAL45 | View | |
International Game Technology Corp BondUS460599AD57 | View | |
Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
MGM Resorts International Corp BondUS552953CD18 | View |
First Asset Predictive Daily Indicators
First Asset 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 Asset 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 Asset Forecast Models
First Asset's time-series forecasting models are one of many First Asset'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 Asset'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 Asset 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 Asset. By using and applying First Etf analysis, traders can create a robust methodology for identifying First entry and exit points for their positions.
The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar Canada Target Value Index , net of expenses. CI FA is traded on Toronto Stock Exchange in Canada.
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Other Information on Investing in First Etf
First Asset financial ratios help investors to determine whether First Etf 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 Asset security.