First Trust Japan AlphaDEX ETF shows Coefficient Of Variation of 384.87, Mean Deviation of 0.4742 and Downside Deviation of 0.7904. First Trust Japan technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity future prices. In plain English you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for First Trust Japan AlphaDEX ETF which can be compared to its rivals. Please confirm First Trust Japan Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if First Trust Japan is priced favorably providing market reflects its regular price of 62.68 per share.
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First Trust Japan Technical Analysis
First Trust Japan Trend AnalysisUse this graph to draw trend lines for First Trust Japan AlphaDEX ETF. You can use it to identify possible trend reversals for First Trust as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual First Trust price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
First Trust Best Fit Change LineThe following chart estimates an ordinary least squares regression model for First Trust Japan AlphaDEX ETF applied against its price change over selected period. The best fit line has a slop of 0.2 % which may imply that First Trust Japan AlphaDEX ETF will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 32.08, which is the sum of squared deviations for the predicted First Trust price change compared to its average price change.
First Trust Japan AlphaDEX ETF is one of the top ETFs in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about 1.41 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for First Trust Japan AlphaDEX ETF is roughly 1.41