First Asset Morningstar Etf Analysis

WXM Etf  CAD 36.82  0.26  0.71%   
First Asset Morningstar is fairly valued with Real Value of 36.31 and Hype Value of 36.82. The main objective of First Asset etf analysis is to determine its intrinsic value, which is an estimate of what First Asset Morningstar is worth, separate from its market price. There are two main types of First Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of First Asset Morningstar. On the other hand, technical analysis, focuses on the price and volume data of First Etf to identify patterns and trends that may indicate its future price movements.
The First Asset etf is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in First Asset Morningstar. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

First Etf Analysis Notes

The fund generated five year return of 14.0%. First Asset Morningstar has Annual Holdings Turnover of about 92.63% . This fund keeps 99.85% of net assets in stocks. First Asset last dividend was 0.048 per share. The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar Canada Target Momentum Index , net of expenses. CI FA is traded on Toronto Stock Exchange in Canada. For more information please call the company at NA.

First Asset Morningstar Investment Alerts

First is showing solid risk-adjusted performance over 90 days
Latest headline from news.google.com: Trading Report - news.stocktradersdaily.com
The fund keeps 99.85% of its net assets in stocks

Management Efficiency

First Asset's management efficiency ratios could be used to measure how well First Asset manages its routine affairs as well as how well it operates its assets and liabilities.
Leadership effectiveness at First Asset Morningstar is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Returns 3 Y
18.45
Returns 5 Y
14.48
Returns 1 Y
33.34
Total Assets
663.1 M
Yield
1.35

Top First Asset Morningstar Etf Constituents

Institutional Etf Holders for First Asset

Have you ever been surprised when a price of an equity instrument such as First Asset is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Asset Morningstar backward and forwards among themselves. First Asset's institutional investor refers to the entity that pools money to purchase First Asset's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Note, although First Asset's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Technical Drivers

As of the 19th of July, First Asset shows the Mean Deviation of 0.3997, standard deviation of 0.4893, and Coefficient Of Variation of 219.41. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of First Asset, as well as the relationship between them.

First Asset Morningstar Price Movement Analysis

The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Simple Moving Average indicator is calculated by adding the closing price of First Asset for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out First Asset Morningstar short-term fluctuations and highlight longer-term trends or cycles.

First Asset Outstanding Bonds

First Asset issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. First Asset Morningstar uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most First bonds can be classified according to their maturity, which is the date when First Asset Morningstar has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

First Asset Predictive Daily Indicators

First Asset intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of First Asset etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

First Asset Forecast Models

First Asset's time-series forecasting models are one of many First Asset's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary First Asset's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About First Etf Analysis

Etf analysis is the technique used by a trader or investor to examine and evaluate how First Asset prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling First shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as First Asset. By using and applying First Etf analysis, traders can create a robust methodology for identifying First entry and exit points for their positions.
The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar Canada Target Momentum Index , net of expenses. CI FA is traded on Toronto Stock Exchange in Canada.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding First Asset to your portfolios without increasing risk or reducing expected return.

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Other Information on Investing in First Etf

First Asset financial ratios help investors to determine whether First Etf 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 Asset security.