First Etf Financials

FTSL Etf  USD 45.49  0.03  0.07%   
Financial data analysis helps to check if markets are presently mispricing First Trust Senior. We are able to interpolate and collect nine available fundamental indicators for First Trust Senior, which can be compared to its rivals. Please use First Trust Senior total asset and last dividend paid to make a decision on whether First Trust is priced correctly. Use First Trust to enhance the returns of your portfolios. Benchmarks are essential to demonstrate the utility of optimization algorithms. The etf experiences a normal upward fluctuation. Check odds of First Trust to be traded at $47.76 in 90 days.
  
With this module, you can analyze First financials for your investing period. You should be able to track the changes in First Trust individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past First Trust Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of First Trust's financial statements are interrelated, with each one affecting the others. For example, an increase in First Trust's assets may result in an increase in income on the income statement.
Chance Of Financial Distress
Less than 1
First Trust Senior has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for First Trust etf is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in First Trust's official financial statements usually reflect First Trust's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of First Trust Senior. For example, before you start analyzing numbers published by First accountants, it's critical to develop an understanding of what First Trust's liquidity, profitability, and earnings quality are in the context of the First Trust space in which it operates.
Please note, the presentation of First Trust's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Trust's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in First Trust's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of First Trust Senior. Please utilize our Beneish M Score to check the likelihood of First Trust's management to manipulate its earnings.

First Trust Company Summary

First Trust competes with SPDR Blackstone, Vanguard Total, Unified Series, HUMANA, and FRANKLIN STRATEGIC. Under normal market conditions, the fund seeks to outperform each of the primary index and secondary index by investing at least 80 percent of its net assets in first lien senior floating rate bank loans. Senior Loan is traded on NASDAQ Exchange in the United States.
InstrumentUSA Etf View All
ExchangeNASDAQ Exchange
ISINUS33738D3098
CUSIP33738D309
RegionGlobal
Investment IssuerFirst Trust
Etf FamilyFirst Trust
Fund CategoryCorporate
Portfolio ConcentrationHigh Yield
BenchmarkNYSE Composite
PhoneNA
CurrencyUSD - US Dollar
You should never invest in First Trust without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of First Etf, because this is throwing your money away. Analyzing the key information contained in First Trust's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

First Trust Key Financial Ratios

Generally speaking, First Trust's financial ratios allow both analysts and investors to convert raw data from First Trust's financial statements into concise, actionable information that can be used to evaluate the performance of First Trust over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that First Trust Senior reports annually and quarterly.

First Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining First Trust's current stock value. Our valuation model uses many indicators to compare First Trust value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Trust competition to find correlations between indicators driving First Trust's intrinsic value. More Info.
First Trust Senior is rated # 2 ETF in five year return as compared to similar ETFs. It is rated # 2 ETF in last dividend paid as compared to similar ETFs creating about  0.07  of Last Dividend Paid per Five Year Return. The ratio of Five Year Return to Last Dividend Paid for First Trust Senior is roughly  14.18 . Comparative valuation analysis is a catch-all model that can be used if you cannot value First Trust by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First Trust's Etf . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Trust's earnings, one of the primary drivers of an investment's value.

First Trust Senior Systematic Risk

First Trust's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. First Trust volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on First Trust Senior correlated with the market. If Beta is less than 0 First Trust generally moves in the opposite direction as compared to the market. If First Trust Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Trust Senior is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Trust is generally in the same direction as the market. If Beta > 1 First Trust moves generally in the same direction as, but more than the movement of the benchmark.
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About First Trust Financials

What exactly are First Trust Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include First Trust's income statement, its balance sheet, and the statement of cash flows. Potential First Trust investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although First Trust investors may use each financial statement separately, they are all related. The changes in First Trust's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Trust's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as First Trust is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of First has grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

First Trust January 30, 2023 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of First Trust help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Trust Senior. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Trust Senior based on widely used predictive technical indicators. In general, we focus on analyzing First Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Trust's daily price indicators and compare them against related drivers.
Please check Investing Opportunities. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for analysis

When running First Trust Senior 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 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 Senior 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 First Trust value 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.