First Trust Buy or Sell Recommendation

Macroaxis provides First Trust Japan AlphaDEX ETF buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding First Trust positions. The advice algorithm takes into account all of First Trust Japan AlphaDEX ETF available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from First Trust buy-and-hold prospective. Additionally see First Trust Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus

Time Horizon

Risk Tolerance

Symbol
Execute Advice
First Trust Japan AlphaDEX ETF -- USA Etf  

USD 62.7  0.14  0.22%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding First Trust Japan AlphaDEX ETF is 'Strong Hold'.
For the selected time horizon First Trust Japan AlphaDEX ETF has a risk adjusted performance of 0.1183, jensen alpha of 0.0139, total risk alpha of (0.17), sortino ratio of (0.071393) and treynor ratio of 0.2403
Macroaxis provides unbiased buy, hold, or sell recommendation on First Trust Japan that should be used to complement current analysts and expert consensus on First Trust Japan AlphaDEX ETF. Our buy or sell advice engine determines the etf potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. Please use First Trust Price to Book and Three Year Return to make buy, hold, or sell decision on First Trust Japan.

Returns Distribution Density

Mean Return0.17Value At Risk1.16
Potential Upside0.91Standard Deviation0.67
 Return Density 
      Distribution 

First Trust Greeks

α
Alpha over DOW
=0.013885
β
Beta against DOW=0.68
σ
Overall volatility
=0.64
Ir
Information ratio =0.08

First Trust Volatility Alert

First Trust Japan AlphaDEX ETF exhibits relatively low volatility with skewness of -0.41 and kurtosis of 0.95. However, we advice investors to further investigate First Trust Japan AlphaDEX ETF to make sure all market statistics is disseminated and is consistent with investors' estimations about First Trust upside potential.
    
 Better Than Average     
    
 Worse Than Average Compare First Trust to competition
FundamentalsFirst TrustPeer Average
Price to Earning14.86 times8.24 times
Price to Book1.24 times0.97 times
Price to Sales0.55 times0.72 times
One Year Return27.63 % (1.25) %
Three Year Return11.25 % 2.26 %
Five Year Return11.73 % 0.2 %
Net Asset83.72 M888.73 M
Equity Positions Weight99.98 % 49.22 %
SellBuy
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.1183
Market Risk Adjusted Performance0.2503
Mean Deviation0.4742
Semi Deviation0.4354
Downside Deviation0.7904
Coefficient Of Variation384.87
Standard Deviation0.6678
Variance0.4459
Information Ratio(0.0845)
Jensen Alpha0.0139
Total Risk Alpha(0.17)
Sortino Ratio(0.071393)
Treynor Ratio0.2403
Maximum Drawdown2.8
Value At Risk(1.16)
Potential Upside0.9101
Downside Variance0.6247
Semi Variance0.1895
Expected Short fall(0.54)
Skewness(0.41)
Kurtosis0.9506