First Trust Valuation
| XIDE Etf | 30.33 0.02 0.07% |
At this time, the entity appears to be overvalued. First Trust Exchange shows a prevailing Real Value of USD27.86 per share. The current price of the entity is USD30.33. Our model computes the value of First Trust Exchange from reviewing the entity fundamentals such as Shares Owned By Insiders of 2.67 %, operating margin of 0.61 %, and Shares Outstanding of 79.25 M 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 Exchange 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 Exchange Traded. 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 30.33 | Real 27.86 | Hype 30.33 | Naive 30.33 |
The real value of First Etf, also known as its intrinsic value, is the underlying worth of First Trust Exchange ETF, which is reflected in its stock price. It is based on First Trust's financial performance, growth prospects, management team, or industry conditions. 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, or news.
Estimating the potential upside or downside of First Trust Exchange Traded 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: First Trust Total Value Analysis
First Trust Exchange Traded is at this time forecasted to have valuation of 690.74 M with market capitalization of 13.48 M, debt of 776.01 M, and cash on hands of 104.29 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the First Trust fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
690.74 M | 13.48 M | 776.01 M | 104.29 M |
First Trust Investor Information
First Trust is is formed as Regulated Investment Company in the United States. ETF is managed and operated by The Bank of New York Mellon Corporation. The fund has 6 constituents across multiple sectors and instustries. The fund charges 0.85 percent management fee with a total expences of 0.85 percent of total asset. Based on the key indicators related to First Trust's liquidity, profitability, solvency, and operating efficiency, First Trust Exchange Traded is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in January.First Trust Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. First Trust has an asset utilization ratio of 138.35 percent. This indicates that the ETF is making USD1.38 for each dollar of assets. An increasing asset utilization means that First Trust Exchange Traded is more efficient with each dollar of assets it utilizes for everyday operations.First Trust Ownership Allocation
First Trust holds a total of 79.25 Million outstanding shares. The majority of First Trust Exchange Traded outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in First Trust Exchange to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in First Trust. Please pay attention to any change in the institutional holdings of First Trust Exchange Traded as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the entity is less than the current market value, you may not be able to make money on it.First Trust Profitability Analysis
The company reported the previous year's revenue of 2.97 B. Net Loss for the year was (223.4 M) with profit before overhead, payroll, taxes, and interest of 484.83 M.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates First Trust's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in First Trust and how it compares across the competition.
About First Trust Valuation
The etf valuation mechanism determines First Trust's current worth on a weekly basis. Our 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. When determining whether First Trust Exchange is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Trust Exchange Traded Etf. Highlighted below are key reports to facilitate an investment decision about First Trust Exchange Traded Etf:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in First Trust Exchange Traded. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
The market value of First Trust Exchange is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.