First Trust Performance

First Trust Japan AlphaDEX ETF -- USA Etf  

USD 58.74  0.46  0.79%

The organization shows Beta (market volatility) of 0.0418 which denotes to the fact that as returns on market increase, First Trust returns are expected to increase less than the market. However during bear market, the loss on holding First Trust will be expected to be smaller as well.. 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-one 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  6,065  in First Trust Japan AlphaDEX ETF on March 27, 2018 and sell it today you would lose (237.00)  from holding First Trust Japan AlphaDEX ETF or give up 3.91% of portfolio value over 30 days. First Trust Japan AlphaDEX ETF is generating negative expected returns assuming volatility of 1.0671% on return distribution over 30 days investment horizon. In other words, 9% 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 generate 0.75 times more return on investment than the market. However, the company is 1.33 times less risky than the market. It trades about -0.08 of its potential returns per unit of risk. The DOW is currently generating roughly -0.09 per unit of risk.

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.

2 Months Efficiency

First Trust Sharpe Ratio = -0.0837
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Estimated Market Risk
 1.07
  actual daily
 
 91 %
of total potential
  
Expected Return
 -0.09
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.08
  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.

Dividends

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  
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