First Trust Valuation Overview

FJP -- USA Etf  

USD 55.39  0.54  0.98%

First Trust Japan shows prevailing Real Value of $55.33 per share. The current price of the entity is $55.39. 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 # 3 ETF in five year return as compared to similar ETFs. It is one of the top ETFs in one year return as compared to similar ETFs reporting about  2.23  of One Year Return per Five Year Return.

Current Market Valuation

First Trust Japan Valuation Boundaries
Fairly Valued
July 17, 2018
55.39
Market Value
55.33
Real Value
Target Odds
  
58.03
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 Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.