|Horizon||30 Days Login to change|
First Trust Japan Technical Analysis
First Trust Projected Return Density Against MarketConsidering 30-days investment horizon, First Trust has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and First Trust are completely uncorrelated. Furthermore, First Trust Japan AlphaDEX ETFIt does not look like First Trust alpha can have any bearing on the equity current valuation.
First Trust Return VolatilityFirst Trust Japan AlphaDEX ETF has volatility of 1.2377% on return distribution over 30 days investment horizon. DOW inherits 0.0% risk (volatility on return distribution) over the 30 days horizon.