First Trust Enhanced Etf Performance
| FFA Etf | USD 20.93 0.21 0.99% |
The etf shows a Beta (market volatility) of 0.58, which means possible diversification benefits within a given portfolio. As returns on the market increase, First Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Trust is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in First Trust Enhanced are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong technical and fundamental indicators, First Trust is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | First Trust Enhanced Equity Income Fund Issues Notice Regarding September 2024 Distribution | 09/30/2024 |
2 | Disposition of tradable shares by Chapman Erin E of First Trust subject to Rule 16b-3 | 11/01/2024 |
3 | Insider Trading | 11/04/2024 |
4 | Disposition of tradable shares by Hall R Scott of First Trust subject to Rule 16b-3 | 12/03/2024 |
5 | First Trust Enhanced Equity Income Fund Declares Its Quarterly Distribution of 0.35 Per Share | 12/10/2024 |
| Expense Ratio | 1.2200 |
First |
First Trust Relative Risk vs. Return Landscape
If you would invest 1,981 in First Trust Enhanced on September 14, 2024 and sell it today you would earn a total of 112.00 from holding First Trust Enhanced or generate 5.65% return on investment over 90 days. First Trust Enhanced is generating 0.0891% of daily returns assuming volatility of 0.6054% on return distribution over 90 days investment horizon. In other words, 5% of etfs are less volatile than First, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
First Trust Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Trust's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as First Trust Enhanced, and traders can use it to determine the average amount a First Trust'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 = 0.1472
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Estimated Market Risk
| 0.61 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average First Trust is performing at about 11% 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 Trust by adding it to a well-diversified portfolio.
First Trust Fundamentals Growth
First Etf prices reflect investors' perceptions of the future prospects and financial health of First Trust, and First Trust 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 Etf performance.
| Return On Equity | -12.43 | ||||
| Return On Asset | 0.37 | ||||
| Operating Margin | 32.98 % | ||||
| Current Valuation | 308.47 M | ||||
| Shares Outstanding | 19.98 M | ||||
| Price To Earning | 6.58 X | ||||
| Price To Book | 0.90 X | ||||
| Price To Sales | 48.94 X | ||||
| Revenue | 6.72 M | ||||
| Cash And Equivalents | 1.74 M | ||||
| Cash Per Share | 0.09 X | ||||
| Book Value Per Share | 18.29 X | ||||
| Earnings Per Share | 2.50 X | ||||
| Total Asset | 230.17 M | ||||
| Retained Earnings | (136.61 M) | ||||
About First Trust Performance
By analyzing First Trust's fundamental ratios, stakeholders can gain valuable insights into First Trust's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if First Trust 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 Trust has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Chartwell Investment Partners, L.P. It invests in public equity markets of the United States. The fund seeks to invest in stocks of companies operating across the diversified sectors. It invests in stocks of companies across diversified market capitalizations. The fund also writes covered call options. It benchmarks the performance of its portfolio against the SP 500 Index. The fund was formerly known as First TrustFiduciary Asset Management Covered Call Fund. First Trust Enhanced Equity Income Fund was formed on August 26, 2004 and is domiciled in the United States.| The company reported the last year's revenue of 6.72 M. Reported Net Loss for the year was (46.26 M) with profit before taxes, overhead, and interest of 6.07 M. | |
| Latest headline from gurufocus.com: First Trust Enhanced Equity Income Fund Declares Its Quarterly Distribution of 0.35 Per Share |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Enhanced. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
The market value of First Trust Enhanced 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.