First Trust Valuation

FIW -- USA Etf  

USD 56.93  0.12  0.21%

First Trust Water shows prevailing Real Value of $58.58 per share. The current price of the entity is $56.93. At this time the entity appears to be undervalued. This module computes value of First Trust Water from reviewing the entity fundamentals such as Five Year Return of 13.25 , Price to Sales of 1.54  and Total Asset of 468.61 M as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we advise to go long with undervalued instruments and to sell out overvalued instruments since at some point assets prices and their ongoing real values will submerge.
Undervalued
October 18, 2019
56.93
Market Value
58.58
Real Value
62.00
Upside
First Trust is very steady asset. Calculation of real value of First Trust Water is based on 3 months time horizon. Increasing First Trust Water time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.
Horizon     30 Days    Login   to change
First Trust Water ETF is rated # 4 ETF in equity positions weight as compared to similar ETFs. It is rated below average in net asset as compared to similar ETFs making up about  4,689,852  of Net Asset per Equity Positions Weight.
Additionally see Investing Opportunities. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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