First Trust Buy or Sell Recommendation

Macroaxis provides First Trust South Korea 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 South Korea 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 South Korea AlphaDEX ETF -- USA Etf  

USD 30.9  0.21  0.68%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding First Trust South Korea AlphaDEX ETF is 'Hold'.
For the selected time horizon First Trust South Korea AlphaDEX ETF has a risk adjusted performance of 0.1647, jensen alpha of 0.305, total risk alpha of (0.16), sortino ratio of 0.0771 and treynor ratio of (23.78)
Macroaxis buy, hold, or sell suggestion module can be used to complement First Trust buy, hold, or sell recommendation provided by average analyst sentiment. It analyzes the etf potential to grow using fundamental, technical, data market data available at the time. Please use First Trust Price to Book and Three Year Return to make buy, hold, or sell decision on First Trust South.

Returns Distribution Density

Mean Return0.31Value At Risk1.13
Potential Upside1.56Standard Deviation0.87
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Old Mission Capital LlcFund Units99.4 K2.6 M

First Trust Greeks

α
Alpha over DOW
=0.31
β
Beta against DOW=0.01
σ
Overall volatility
=0.89
Ir
Information ratio =0.075

First Trust Volatility Alert

First Trust South Korea AlphaDEX ETF has low volatility with Treynor Ratio of -23.78, Maximum Drawdown of 3.38 and kurtosis of -0.36. However, we advice all investors to further analyze First Trust South Korea AlphaDEX ETF to make certain all market information is desiminated and is consistent with the current expectations about First Trust upside potential.
    
 Better Than Average     
    
 Worse Than Average Compare First Trust to competition
FundamentalsFirst TrustPeer Average
Price to Earning10.55 times8.24 times
Price to Book0.88 times0.97 times
Price to Sales0.76 times0.72 times
One Year Return35.85 % (1.25) %
Three Year Return7.85 % 2.26 %
Five Year Return2.91 % 0.2 %
Net Asset2.95 M888.73 M
Last Dividend Paid0.11040.03
Equity Positions Weight99.27 % 49.22 %
SellBuy
Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Currently Unavailable

Piotroski F Score

Financial Leverage

Inapplicable
Risk Adjusted Performance0.1647
Market Risk Adjusted Performance(23.77)
Mean Deviation0.6814
Semi Deviation0.3196
Downside Deviation0.8512
Coefficient Of Variation280.42
Standard Deviation0.875
Variance0.7655
Information Ratio0.075
Jensen Alpha0.305
Total Risk Alpha(0.16)
Sortino Ratio0.0771
Treynor Ratio(23.78)
Maximum Drawdown3.38
Value At Risk(1.13)
Potential Upside1.56
Downside Variance0.7245
Semi Variance0.1021
Expected Short fall(0.81)
Skewness(0.020493)
Kurtosis(0.36)