Use fundamental data analysis to check all available reported financial drivers of First Trust Japan to find out if markets are presently mispricing the etf. We found eleven available fundamental indicators for First Trust Japan AlphaDEX ETF which can be compared to its rivals. Please use First Trust Japan Price to Book and Three Year Return to make a decision on weather First Trust is priced correctly. Use First Trust to protect against small markets fluctuations. The etf experiences normal downward trend and little activity. Check odds of First Trust to be traded at $50.04 in 30 days
First Trust Company Summary
First Trust competes with iShares Adaptive, WisdomTree Dynamic, Merck, 3M, and Chevron. The investment seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ AlphaDEX Japan Index. First Trust is traded on NASDAQ General Markets in USA.
First Trust Japan AlphaDEX ETF is one of the top ETFs in three year return as compared to similar ETFs. It is one of the top ETFs in price to book as compared to similar ETFs fabricating about 0.33 of Price to Book per Three Year Return. The ratio of Three Year Return to Price to Book for First Trust Japan AlphaDEX ETF is roughly 3.02
First Trust Japan Systematic Risk
The output start index for this execution was ten with a total number of output elements of twenty-nine. The Beta measures systematic risk based on how returns on First Trust Japan correlated with the market. If Beta is less than 0 First Trust generally moves in the opposite direction as compared to the market. If First Trust Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Trust Japan is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Trust is generally in the same direction as the market. If Beta > 1 First Trust moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.
First Trust Financial Distress Probability
Chance of Financial Distress
First Trust Japan AlphaDEX ETF has less than 48 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info