First Trust Valuation Overview

FJP -- USA Etf  

USD 58.66  0.20  0.34%

First Trust Japan shows prevailing Real Value of $58.75 per share. The current price of the entity is $58.66. At this time the entity appears to be fairly valued. Macroaxis computes value of First Trust Japan from reviewing the entity fundamentals such as Five Year Return of 7.26%, Price to Sales of 0.55times and Three Year Return of 6.61% as well as analyzing its technical indicators and Probability Of Bankruptcy. In general, we advise to go long with undervalued instruments and to sell out overvalued instruments since at some point assets prices and their ongoing real values will submerge.
 Time Horizon     30 Days    Login   to change
First Trust Japan AlphaDEX ETF is rated # 4 ETF in five year return as compared to similar ETFs. It is rated below average in net asset as compared to similar ETFs making up about  23,027,702  of Net Asset per Five Year Return.

Current Market Valuation

First Trust Japan Valuation Boundaries
Fairly Valued
May 27, 2018
58.66
Market Value
58.75
Real Value
Target Odds
  
60.40
Upside
First Trust is not too risky asset. Calculation of real value of First Trust Japan is based on 1 month time horizon. Increasing First Trust Japan time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.

Net Asset

First Trust Net Asset Analysis
First Trust Japan AlphaDEX ETF is rated below average in net asset as compared to similar ETFs. Total Asset Under Management (AUM) of Broad Equity category is currently estimated at about 443.44 Billion. First Trust adds roughly 167.18 Million in net asset claiming only tiny portion of ETFs in Broad Equity category.
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