First Trust Valuation
| FCT Etf | USD 9.94 0.03 0.30% |
At this time, the entity appears to be fairly valued. First Trust Senior shows a prevailing Real Value of $9.85 per share. The current price of the entity is $9.94. Our model computes the value of First Trust Senior from reviewing the entity fundamentals such as Profit Margin of (55.20) %, shares outstanding of 25.96 M, and Current Valuation of 367.12 M as well as analyzing its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that First Trust's price fluctuation is very steady at this time. Calculation of the real value of First Trust Senior is based on 3 months time horizon. Increasing First Trust's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
First Trust's intrinsic value may or may not be the same as its current market price of 9.94, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 9.94 | Real 9.85 | Hype 9.94 |
The intrinsic value of First Trust's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence First Trust's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of First Trust Senior helps investors to forecast how First etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of First Trust more accurately as focusing exclusively on First Trust's fundamentals will not take into account other important factors: About First Trust Valuation
The etf valuation mechanism determines First Trust's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of First Trust Senior based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of First Trust. We calculate exposure to First Trust's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of First Trust's related companies.First Trust Senior Floating Rate Income Fund II is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. The fund invests in the fixed income markets of the United States. It seeks to invest in a portfolio of senior secured floating rate corporate loans. The fund benchmarks the performance of its portfolio against the SPLSTA Leveraged Loan Index. It was formerly known as First TrustFour Corners Senior Floating Rate Income Fund II. First Trust Senior Floating Rate Income Fund II was formed on May 25, 2004 and is domiciled in the United States.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Senior. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in services. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Understanding First Trust Senior requires distinguishing between market price and book value, where the latter reflects First's accounting equity. The concept of intrinsic value - what First Trust's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push First Trust's price substantially above or below its fundamental value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, First Trust's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.