|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 Return||0.17||Value At Risk||1.16|
|Potential Upside||0.91||Standard Deviation||0.67|
First Trust Greeks
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.