First Trustconfluence Small Fund Manager Performance Evaluation
| FOVAX Fund | USD 26.53 0.48 1.84% |
The fund shows a Beta (market volatility) of 0.87, which means possible diversification benefits within a given portfolio. First Trustconfluence returns are very sensitive to returns on the market. As the market goes up or down, First Trustconfluence is expected to follow.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in First Trustconfluence Small are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong basic indicators, First Trustconfluence is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 1.6000 |
First |
First Trustconfluence Relative Risk vs. Return Landscape
If you would invest 2,515 in First Trustconfluence Small on April 25, 2025 and sell it today you would earn a total of 138.00 from holding First Trustconfluence Small or generate 5.49% return on investment over 90 days. First Trustconfluence Small is currently producing 0.0944% returns and takes up 1.1736% volatility of returns over 90 trading days. Put another way, 10% of traded mutual funds are less volatile than First, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
First Trustconfluence Current Valuation
Undervalued
Today
Please note that First Trustconfluence's price fluctuation is somewhat reliable at this time. At this time, the entity appears to be undervalued. First Trustconfluence shows a prevailing Real Value of $3.28 per share. The current price of the fund is $26.53. We determine the value of First Trustconfluence from reviewing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we advise acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will submerge.
Since First Trustconfluence is currently traded on the exchange, buyers and sellers on that exchange determine the market value of First Mutual Fund. However, First Trustconfluence'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 26.53 | Real 3.28 | Hype 0.0 | Naive 25.57 |
The intrinsic value of First Trustconfluence'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, news, and other external factors that may influence First Trustconfluence's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of First Trustconfluence Small helps investors to forecast how First mutual fund'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 Trustconfluence more accurately as focusing exclusively on First Trustconfluence's fundamentals will not take into account other important factors: First Trustconfluence Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Trustconfluence's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as First Trustconfluence Small, and traders can use it to determine the average amount a First Trustconfluence's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0804
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | FOVAX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average First Trustconfluence is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of First Trustconfluence by adding it to a well-diversified portfolio.
First Trustconfluence Fundamentals Growth
First Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of First Trustconfluence, and First Trustconfluence fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on First Mutual Fund performance.
| Price To Earning | 25.77 X | |||
| Price To Book | 2.70 X | |||
| Price To Sales | 1.85 X | |||
| Total Asset | 27.66 M | |||
About First Trustconfluence Performance
Evaluating First Trustconfluence's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if First Trustconfluence has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if First Trustconfluence has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of its net assets in equity securities of U.S. listed companies with small market capitalizations at the time of investment. First TrustConfluence is traded on NASDAQ Exchange in the United States.Things to note about First Trustconfluence performance evaluation
Checking the ongoing alerts about First Trustconfluence for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for First Trustconfluence help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund retains about 5.2% of its assets under management (AUM) in cash |
- Analyzing First Trustconfluence's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether First Trustconfluence's stock is overvalued or undervalued compared to its peers.
- Examining First Trustconfluence's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating First Trustconfluence's management team can have a significant impact on its success or failure. Reviewing the track record and experience of First Trustconfluence's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of First Trustconfluence's mutual fund. These opinions can provide insight into First Trustconfluence's potential for growth and whether the stock is currently undervalued or overvalued.
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.
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