First Trust Performance

FJP -- USA Etf  

USD 55.66  0.21  0.38%

The organization shows Beta (market volatility) of -0.0226 which denotes to the fact that as returns on market increase, returns on owning First Trust are expected to decrease at a much smaller rate. During bear market, First Trust is likely to outperform the market.. Even though it is essential to pay attention to First Trust Japan historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards predicting future performance of any etf is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. First Trust Japan AlphaDEX ETF exposes twenty-eight different technical indicators which can help you to evaluate its performance.
 Time Horizon     30 Days    Login   to change

First Trust Japan Relative Risk vs. Return Landscape

If you would invest  5,732  in First Trust Japan AlphaDEX ETF on June 18, 2018 and sell it today you would lose (166.27)  from holding First Trust Japan AlphaDEX ETF or give up 2.9% of portfolio value over 30 days. First Trust Japan AlphaDEX ETF is generating negative expected returns assuming volatility of 0.8891% on return distribution over 30 days investment horizon. In other words, 8% of equities are less volatile than the company and above 99% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, First Trust Japan AlphaDEX ETF is expected to under-perform the market. In addition to that, the company is 1.41 times more volatile than its market benchmark. It trades about -0.15 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.05 per unit of volatility.

First Trust Market Risk Analysis

Sharpe Ratio = -0.1461
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsFJP

First Trust Relative Performance Indicators

Estimated Market Risk
 0.89
  actual daily
 
 92 %
of total potential
  
Expected Return
 -0.13
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.15
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average First Trust is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of First Trust by adding it to a well-diversified portfolio.

Performance Rating

First Trust Japan AlphaDEX ETF Risk Adjusted Performance Analysis
0 

Risk-Adjusted Performance

Over the last 30 days First Trust Japan AlphaDEX ETF has generated negative risk-adjusted returns adding no value to investors with long positions.

First Trust Alerts

Equity Alerts and Improvement Suggestions
First Trust Japan generates negative expected return over the last 30 days
On June 21, 2018 First Trust paid $ 0.4027 per share dividend to its current shareholders
The fund retains 99.98% of its assets under management (AUM) in equities

First Trust Japan Dividends Analysis

Check First Trust Japan dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
Check Dividends  
Additionally see Investing Opportunities. Please also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. drill down to check world indexes.