First Trustconfluence Valuation

FOVIX Fund  USD 24.11  0.36  1.52%   
At this time, the entity appears to be undervalued. First Trustconfluence shows a prevailing Real Value of $24.3 per share. The current price of the fund is $24.11. We determine the value of First Trustconfluence from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Undervalued
Today
24.11
Please note that First Trustconfluence's price fluctuation is very steady at this time. At this time, the entity appears to be undervalued. First Trustconfluence shows a prevailing Real Value of $24.3 per share. The current price of the fund is $24.11. We determine the value of First Trustconfluence from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since First Trustconfluence is currently traded on the exchange, buyers and sellers on that exchange determine the market value of First Mutual Fund. However, First Trustconfluence's intrinsic value may or may not be the same as its current market price, 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  24.11 Real  24.3 Hype  23.73 Naive  21.93
The intrinsic value of First Trustconfluence'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 Trustconfluence'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.
24.30
Real Value
26.42
Upside
Estimating the potential upside or downside of First Trustconfluence Small helps investors to forecast how First mutual fund'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 Trustconfluence more accurately as focusing exclusively on First Trustconfluence's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
23.6123.7123.82
Details
Hype
Prediction
LowEstimatedHigh
21.6123.7325.85
Details
Naive
Forecast
LowNext ValueHigh
19.8121.9324.05
Details

First Trustconfluence Total Value Analysis

First Trustconfluence Small is currently forecasted to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the First Trustconfluence fundamentals before making investing decisions based on enterprise value of the company

First Trustconfluence Asset Utilization

The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of First suggests not a very effective usage of assets in January.

About First Trustconfluence Valuation

Our relative valuation model uses a comparative analysis of First Trustconfluence. We calculate exposure to First Trustconfluence's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of First Trustconfluence's related companies.
The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of its net assets in equity securities of U.S. listed companies with small market capitalizations at the time of investment. Currently, a company will be considered to be a Small-Cap Company if its market capitalization at the time of purchase is within the range of companies in the Russell 2000 Index or the SP SmallCap 600 Index during the most recent 12-month period .

Other Information on Investing in First Mutual Fund

First Trustconfluence 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 Trustconfluence security.
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