Core Laboratories Falls Amid a Difficult Time for the Oilfield Services Sector
FOVAX Fund | USD 25.91 0.27 1.03% |
Slightly above 62% of First Trustconfluence's investor base is looking to short. The analysis of overall sentiment of trading First Trustconfluence Small mutual fund suggests that many investors are alarmed at this time. First Trustconfluence's investing sentiment can be driven by a variety of factors including economic data, First Trustconfluence's earnings reports, geopolitical events, and overall market trends.
First |
Core Laboratories Inc. slumped this week after Stifel lowered the firms price target from 13 to 12, while maintaining a Hold rating on its shares.
Read at insidermonkey.com
![]() |
First Trustconfluence Fundamental Analysis
We analyze First Trustconfluence's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Trustconfluence using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Trustconfluence based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Position Weight
Cash Position Weight Comparative Analysis
First Trustconfluence is currently under evaluation in cash position weight among similar funds. Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
First Trustconfluence Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with First Trustconfluence mutual fund to make a market-neutral strategy. Peer analysis of First Trustconfluence could also be used in its relative valuation, which is a method of valuing First Trustconfluence by comparing valuation metrics with similar companies.
Peers
First Trustconfluence Related Equities
FMPFX | Nuveen Small | 1.09 |
| ||
HSPGX | Emerald Growth | 1.61 |
| ||
FFGRX | Emerald Growth | 1.63 |
| ||
HSPCX | Emerald Growth | 1.66 |
| ||
OTPSX | Nasdaq 100 | 1.95 |
|
Other Information on Investing in First Mutual Fund
First Trustconfluence financial ratios help investors to determine whether First Mutual Fund 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 Trustconfluence security.
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |