First Trust Brazil AlphaDEX Fund ( FBZ) Stock. Should you Buy or Sell? $ 11.12
0.41 (3.56 %)
First Trust Brazil AlphaDEX Fund AnalysisUpdated on 10-09-2022
|Volume Avg.||$12.64 thousand|
|Market Cap||$143.61 M|
|52 Week Range||$9.22 - $14.49|
First Trust Brazil AlphaDEX Fund opened the day at $11.12 which is +'3.56 % on yesterday's close. First Trust Brazil AlphaDEX Fund has a 52 week high of $14.49 and 52 week low of $9.22, which is a difference of $5.27. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $143.61 M and total net profit is $0 which means the company is trading at inf times profit to market capitalization. Theoretically, if you were to buy First Trust Brazil AlphaDEX Fund for $143.61 M, it would take 15 years to get your money back. First Trust Brazil AlphaDEX Fund are in the space which will have a sweet spot and industry standard for net profit multiples.
First Trust Brazil AlphaDEX Fund Stock Forecast - Is First Trust Brazil AlphaDEX Fund a Buy or Sell?
Growth and Value
|Net Profit Margin||0.000|
Valuing First Trust Brazil AlphaDEX Fund
|Price Book Value Ratio||0.000||Price To Book Ratio||0.000|
|Price To Sales Ratio||0.000||Price Earnings Ratio||0.000|
How liquid is First Trust Brazil AlphaDEX Fund
|Debt Ratio||0.000||Debt Equity Ratio||0.000|
|Long Term Debt To Capitalization||0.000||Total Debt To Capitalization||0.000|
Latest news about First Trust Brazil AlphaDEX Fund
Economies of Latin America and Caribbean have continued their strong post-pandemic rebound, but the winds are shifting as global financial conditions are tightening and commodity prices are reversing their upward trend, while inflationary pressures persist. The reopening of contact-intensive sectors, especially hospitality and travel, the unwinding of pandemic pent-up demand, and still favorable external financial conditions supported a solid expansion in the first half of the year, allowing services to catch up with manufacturing, and employment to reach pre-pandemic levels.
The Central Bank of Brazil has embarked on a series of shock-and-awe rate hikes in order to not fall further behind. Following its last meeting, Banxico said again that it expected inflation to be transitory, carefully echoing the Fed's Powell. Due to the magnitude of price shocks, and their spread across the economy, Banxico said it deemed it necessary to raise its policy rate.
Vaccination campaigns and fiscal support have sparked an economic rebound since the second half of last year, despite an apparent loss of momentum in the third quarter of this year. Even up to this point, the region's recovery has been uneven and the future looks uncertain. Latin America is caught betwe
Apart from the dramatic health implications, COVID-19 will also scar the Brazilian economy, including through a jump in its already high public-sector debt-to-GDP ratio in 2020. We depict different scenarios for GDP growth-cum-debt encompassing not only the short-term trajectory of the Brazilian economy (2020-22), but also different perspectives related to 2023-30.
The coronavirus impact looks to be ebbing, and the Brazilian government has been generous with demand-side stimulus measures.
About First Trust Brazil AlphaDEX Fund
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks, depositary receipts, real estate investment trusts ("REITs") and preferred shares that comprise the index. The index is designed to select stocks from the NASDAQ Brazil Index (the "base index") that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.