First Trust Competition

FTXO Etf

USD 20.58 0.20 0.96%

First Trust Nasdaq competes with HP; as well as few others. Analyzing First Trust competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of First Trust to its intrinsic valuation because they are able to contrast its competitors on a relative basis.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of First Trust competition on your existing holdings. Check out First Trust Correlation with its peers.

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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of First Trust's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of First Trust in the context of predictive analytics.

Hype

Prediction

Low	Estimated	High
17.76	20.44	23.12

Details

Intrinsic

Valuation

Low	Real	High
18.57	21.25	23.93

Details

Naive

Forecast

Low	Next	High
18.05	20.72	23.40

Details

Bollinger

Band Projection (param)

Lower	Middle Band	Upper
19.12	20.62	22.13

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as First Trust. Your research has to be compared to or analyzed against First Trust's peers to derive any actionable benefits. When done correctly, First Trust's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in First Trust Nasdaq.

First Trust Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between First Trust and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of First and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of First Trust Nasdaq does not affect the price movement of the other competitor.

Please specify at least 3 valid symbols having historical data to build a meaningful correlation cloud. You can use symbol search above to locate your securities.

First Trust Competitive Analysis

The better you understand First Trust competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, First Trust's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across First Trust's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	FTXO	HPQ	AQUA
	0.96 20.58 First	1.24 29.42 HP	0.08 49.88 Evoqua
Market Volatility (90 Days Market Risk)	Not too volatile	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Very Small	Low	Significantly High
Current Valuation (Equity Enterprise Value)	Under Valued	Fairly Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Sell	Hold
Trade Advice (90 Days Macroaxis Advice)	Strong Sell	Strong Sell	Not Rated
Number of Shares Shorted	N/A	21.59 M	6.75 M
Shares Owned by Insiders	N/A	0.19 %	1.04 %
Current Ratio	N/A	0.76 X	1.72 X
Net Asset	202.04 M	38.59 B	2.19 B
Profit Margin	N/A	0.0436 %	0.0424 %
EBITDA	N/A	6.6 B	231.56 M
Operating Margin	N/A	0.08 %	0.08 %
Current Valuation	N/A	37 B	6.06 B
Cash Flow from Operations	N/A	4.46 B	181.4 M
Five Year Return	2.35 %	2.90 %	N/A
Retained Earnings	N/A	(4.41 B)	61.02 M
Current Asset	N/A	18.47 B	577.65 M
One Year Return	(20.04) %	N/A	N/A
Beta	N/A	1.02	1.79
Price to Book	N/A	N/A	7.37 X
Equity Positions Weight	99.44 %	N/A	N/A
Shares Outstanding	N/A	985.33 M	122.35 M
Three Year Return	3.94 %	N/A	N/A
Annual Yield	N/A	0.0335 %	N/A
Total Debt	N/A	10.8 B	863.53 M
Return On Equity	N/A	N/A	0.11 %
Price to Earning	N/A	9.89 X	95.46 X
Z Score	N/A	3.53	5.61
Shares Owned by Institutions	N/A	81.40 %	98.96 %
Return On Asset	N/A	0.08 %	0.0407 %
Book Value Per Share	N/A	(3.79) X	6.05 X
Cash and Equivalents	N/A	3.15 B	134 M
Price to Earnings To Growth	N/A	8.51 X	2.81 X
Current Liabilities	N/A	18.81 B	311.71 M
Total Asset	202.04 M	38.59 B	2.19 B
Last Dividend Paid	0.21	1.01	N/A
Short Ratio	N/A	3.69 X	4.84 X
Target Price	N/A	29.71	51.5
Price to Sales	N/A	0.42 X	2.92 X
Market Capitalization	N/A	30.48 B	6.1 B
Cash per Share	N/A	3.15 X	1.10 X
Net Income	N/A	3.2 B	72.34 M
Earnings Per Share	N/A	2.55 X	0.64 X
Debt to Equity	N/A	0.88 %	1.30 %
Revenue	N/A	62.98 B	1.74 B
Working Capital	N/A	(6.35 B)	347.67 M
Gross Profit	N/A	12.34 B	542.4 M
Day Typical Price	20.54	29.39	N/A
Accumulation Distribution	1225.58	517185.0	N/A
Market Facilitation Index	0.0	N/A	N/A
Daily Balance Of Power	(0.43)	0.3214	N/A
Rate Of Daily Change	0.99	1.01	N/A
Day Median Price	20.53	29.38	N/A
Price Action Indicator	(0.045)	0.22	N/A
Coefficient Of Variation	(586.46)	15725.32	(11,772)
Mean Deviation	1.88	1.28	1.02
Jensen Alpha	(0.31)	0.0705	(0.013365)
Total Risk Alpha	(0.26)	0.1239	0.0787
Sortino Ratio	N/A	0.0394	N/A
Downside Variance	N/A	2.89	N/A
Standard Deviation	2.63	1.66	1.35
Kurtosis	3.29	1.61	0.3556
Potential Upside	3.0	2.48	2.21
Treynor Ratio	(0.20)	5.0E-4	(0.18)
Maximum Drawdown	12.69	6.96	5.91
Variance	6.92	2.77	1.83
Market Risk Adjusted Performance	(0.19)	0.0105	(0.17)
Risk Adjusted Performance	(0.15)	0.0103	(0.004247)
Skewness	(0.98)	(0.50)	(0.31)
Semi Deviation	N/A	1.65	N/A
Information Ratio	(0.15)	0.0403	0.0333
Value At Risk	(4.43)	(2.30)	(2.44)
Expected Short fall	N/A	(1.42)	N/A
Downside Deviation	N/A	1.7	N/A
Semi Variance	N/A	2.71	N/A

First Trust Competition Performance Charts

Five steps to successful analysis of First Trust Competition

First Trust's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by First Trust Nasdaq in relation to its competition. First Trust's competition analysis typically involves several steps, including::

Identifying the key players in the market: This involves identifying the major competitors of First Trust in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact First Trust's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to First Trust Nasdaq, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your First Trust position

In addition to having First Trust in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Small Cap ETFs theme has 142 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Cap ETFs Theme or any other thematic opportunities.

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Check out First Trust Correlation with its peers. You can also try Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running First Trust's price analysis, check to measure First Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Trust is operating at the current time. Most of First Trust's value examination focuses on studying past and present price action to predict the probability of First Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Trust's price. Additionally, you may evaluate how the addition of First Trust to your portfolios can decrease your overall portfolio volatility.

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The market value of First Trust Nasdaq 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. Check out First Trust Correlation with its peers.

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First Trust Competition

Specify up to 10 symbols:

First Trust Competition Correlation Matrix

First Trust Competitive Analysis

First Trust Competition Performance Charts

Five steps to successful analysis of First Trust Competition

Complement your First Trust position

Did You Try This Idea?

Run Small Cap ETFs Thematic Idea Now

Small Cap ETFs

Complementary Tools for First Etf analysis

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