First Asset Tech Etf Analysis

TXF Etf  CAD 24.31  0.11  0.45%   
Below is the normalized historical share price chart for First Asset Tech extending back to October 26, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of First Asset stands at 24.31, as last reported on the 29th of January, with the highest price reaching 24.42 and the lowest price hitting 24.27 during the day.
3 y Volatility
18.11
200 Day MA
21.635
1 y Volatility
19.72
50 Day MA
23.576
Inception Date
2011-10-24
 
Yuan Drop
 
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First Asset'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 Asset's financial risk is the risk to First Asset 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 Asset's debt-to-equity ratio measures a ETF's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which First Asset 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 Asset to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, First Asset is said to be less leveraged. If creditors hold a majority of First Asset's assets, the ETF is said to be highly leveraged.
First Asset Tech is fairly valued with Real Value of 23.94 and Hype Value of 24.29. 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 inflation.

First Etf Analysis Notes

The fund generated five year return of 14.0%. 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

Latest headline from news.google.com: Investment Report - Stock Traders Daily
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
30.32
Returns 5 Y
14.01
Returns 1 Y
20.43
Total Assets
731.3 M
Yield
10.600001

Top First Asset Tech Etf Constituents

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.

First Asset 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 Asset's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of First Asset, which in turn will lower the firm's financial flexibility.

First Asset Corporate Bonds Issued

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.