First Trust Alpha and Beta Analysis Overview

FJP -- USA Etf  

USD 55.57  0.14  0.25%

This module allows you to check different measures of market premium for First Trust Japan AlphaDEX ETF as well as systematic risk associated with investing in First Trust over a specified time horizon. Additionally see First Trust Backtesting, Portfolio Optimization, First Trust Correlation, First Trust Hype Analysis, First Trust Volatility, First Trust History and analyze First Trust Performance.
 Time Horizon     30 Days    Login   to change
Symbol
Run Premiums

First Trust Market Premiums

α0.07β0.07
30 days against DJI
Risk Adjusted Performance  

0.05

Jensen Alpha  

0.07

Total Risk Alpha  

0.27

Sortino Ratio  

0.0

Treynor Ratio  

0.6123

First Trust expected buy-and-hold returns

First Trust Market Price Analysis

First Trust Return and Market Media

The median price of First Trust for the period between Tue, Jun 19, 2018 and Thu, Jul 19, 2018 is 55.36 with a coefficient of variation of 1.29. The daily time series for the period is distributed with a sample standard deviation of 0.71, arithmetic mean of 55.26, and mean deviation of 0.57. The Etf did not receive any noticable media coverage during the period.
 Price Growth (%)  
      Timeline 

Current Sentiment - FJP

First Trust Japan Investor Sentiment
Macroaxis portfolio users are insensible in their opinion about investing in First Trust Japan AlphaDEX ETF. What is your opinion about investing in First Trust Japan AlphaDEX ETF? Are you bullish or bearish?
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Additionally see First Trust Backtesting, Portfolio Optimization, First Trust Correlation, First Trust Hype Analysis, First Trust Volatility, First Trust History and analyze First Trust Performance. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.