First Trust Valuation
| FXEU Etf | EUR 21.60 0.22 1.03% |
At this time, the entity appears to be undervalued. First Trust FactorFX shows a prevailing Real Value of €23.41 per share. The current price of the entity is €21.6. Our model computes the value of First Trust FactorFX from reviewing the entity fundamentals such as bond positions weight of 22.30 % as well as analyzing its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that First Trust's price fluctuation is very steady at this time. Calculation of the real value of First Trust FactorFX 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.
The fair value of the First etf is determined by what a typical buyer is willing to pay for full or partial control of First Trust FactorFX. 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 21.6 | Real 23.41 | Hype 21.6 |
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 FactorFX 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 FactorFX 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.The Funds investment objective is to deliver to investors total returns with lower correlation to the broader equity and bond markets over the medium to long term through its exposure to global currencies and related markets. FT FACTOR is traded on Amsterdam Stock Exchange in Netherlands.
Other Information on Investing in First Etf
First Trust 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 Trust security.