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FOVCX
Mutual Fund ticker: NASDAQ
AS OF
Aug 8 closing price
Price
$21.09
Change
+$0.25 (+1.20%)
Net Assets
14.73M

FOVCX First Trust/Confluence Small Cap Val C Forecast, Technical & Fundamental Analysis

The investment seeks to provide long-term capital appreciation... Show more

Category: #Small Blend
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A.I.Advisor
published Highlights

Industry description

The investment seeks to provide long-term capital appreciation. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (including investment borrowings) in equity securities of U.S. listed companies with small market capitalizations ("Small-Cap Companies") at the time of investment. Currently, a company will be considered to be a Small-Cap Company if its market capitalization at the time of purchase is within the range of companies in the Russell 2000 ® Index or the S&P SmallCap 600 Index during the most recent 12-month period (based on month-end data).

Market Cap

The average market capitalization across the First Trust/Confluence Small Cap Val C MF is 7.08B. The market cap for tickers in the group ranges from 479.26M to 30.89B. BRO holds the highest valuation in this group at 30.89B. The lowest valued company is CLB at 479.26M.

Volume

The average weekly volume growth across all stocks in the First Trust/Confluence Small Cap Val C MF was -17%. For the same stocks of the MF, the average monthly volume growth was 41% and the average quarterly volume growth was 63%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 65
P/E Growth Rating: 75
Price Growth Rating: 64
SMR Rating: 70
Profit Risk Rating: 66
Seasonality Score: -40 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Category SmallBlend

Profile
Fundamentals
Details
Category
Small Blend
Address
First Trust Series Fund120 East Liberty DriveWheaton
Phone
N/A
Web
www.ftportfolios.com
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FOVCX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FOVCX has been closely correlated with FTHFX. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if FOVCX jumps, then FTHFX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FOVCX
1D Price
Change %
FOVCX100%
+1.20%
FTHFX - FOVCX
90%
Closely correlated
+0.61%
FSSNX - FOVCX
89%
Closely correlated
+0.18%
VSCPX - FOVCX
89%
Closely correlated
-0.10%
NAESX - FOVCX
89%
Closely correlated
-0.10%
VSCIX - FOVCX
89%
Closely correlated
-0.10%
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