First Trust Valuation Overview

FJP -- USA Etf  

USD 53.70  0.0154  0.0287%

First Trust Japan shows prevailing Real Value of $54.04 per share. The current price of the entity is $53.7. 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 5.77%, Price to Sales of 0.55times and Three Year Return of 10.26% 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.
Horizon     30 Days    Login   to change
First Trust Japan AlphaDEX ETF is rated # 4 ETF in one year return as compared to similar ETFs. It is rated # 3 ETF in equity positions weight as compared to similar ETFs making about  17.73  of Equity Positions Weight per One Year Return.

Current Market Valuation

First Trust Japan Valuation Boundaries

Fairly Valued
October 19, 2018
53.70
Market Value
54.04
Real Value
Target Odds
  
58.06
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.
Additionally see Investing Opportunities. Please also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Search macroaxis.com