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 (%) |
Performance Rating
First Trust Japan AlphaDEX ETF Risk Adjusted Performance Analysis
0 Risk-Adjusted Performance
Risk-Adjusted PerformanceOver 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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Negative Returns | FJP |
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
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