First Asset Tech Etf Analysis

TXF Etf  CAD 21.83  0.04  0.18%   
First Asset Tech is fairly valued with Real Value of 21.66 and Hype Value of 21.87. The main objective of First Asset etf analysis is to determine its intrinsic value, which is an estimate of what First Asset Tech 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 Tech. 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.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in First Asset Tech. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

First Etf Analysis Notes

The fund generated five year return of 16.0%. First Asset Tech has Annual Holdings Turnover of about 36.51% . This fund maintains 99.82% of assets in stocks. The investment objective of the Tech ETF is to provide Unitholders, through an actively managed portfolio, as described below, with quarterly cash distributions, the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of securities of the 25 largest Technology Companies measured by market capitalization listed on a North American stock exchange and lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly. CI FA is traded on Toronto Stock Exchange in Canada. To find out more about First Asset Tech contact the company at NA.

First Asset Tech Investment Alerts

The fund maintains 99.82% of its assets in stocks

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 Tech is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Returns 3 Y
6.88
Returns 5 Y
16.47
Returns 1 Y
28.24
Total Assets
662.3 M
Yield
8.58

Top First Asset Tech Etf Constituents

Technical Drivers

As of the 22nd of November, First Asset shows the Downside Deviation of 1.36, mean deviation of 0.9114, and Coefficient Of Variation of 1779.61. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of First Asset, as well as the relationship between them.

First Asset Tech Price Movement Analysis

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. 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 Tech. 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 Tech 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 Tech 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 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 investment objective of the Tech ETF is to provide Unitholders, through an actively managed portfolio, as described below, with quarterly cash distributions, the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of securities of the 25 largest Technology Companies measured by market capitalization listed on a North American stock exchange and lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly. CI FA is traded on Toronto Stock Exchange in Canada.

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

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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.