First Trust Valuation
| FSR Etf | CAD 38.06 0.14 0.37% |
At this time, the entity appears to be overvalued. First Trust Morningstar shows a prevailing Real Value of C$34.66 per share. The current price of the entity is C$38.06. Our model computes the value of First Trust Morningstar from reviewing the entity fundamentals such as Equity Positions Weight of 45.75 %, last dividend paid of 0.016, and One Year Return of 17.40 % as well as analyzing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that First Trust's price fluctuation is very steady at this time. Calculation of the real value of First Trust Morningstar 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.
Since First Trust is currently traded on the exchange, buyers and sellers on that exchange determine the market value of First Etf. However, First Trust'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 38.06 | Real 34.66 | Hype 38.06 | Naive 37.87 |
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 Morningstar 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
We use absolute and relative valuation methodologies to arrive at the intrinsic value of First Trust Morningstar. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of First Trust Morningstar based exclusively on its fundamental and basic technical indicators. By analyzing First Trust's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of First Trust's intrinsic value. 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.The First Trust ETF seeks to replicate, to the extent possible, the performance of a total return U.S. equities industry sector rotational index, net of expenses. FT DW is traded on Toronto Stock Exchange in Canada.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Morningstar. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.