First Trust Performance

First Trust South Korea AlphaDEX ETF -- USA Etf  

USD 30.07  0.66  2.24%

The organization shows Beta (market volatility) of -0.4627 which denotes to the fact that as returns on market increase, returns on owning First Trust are expected to decrease at a much smaller rate. During bear market, First Trust is likely to outperform the market.. Although it is extremely important to respect First Trust South historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards predicting future performance of any etf is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By reviewing First Trust South technical indicators you can presently evaluate if the expected return of 0.0413% will be sustainable into the future.
 Time Horizon     30 Days    Login   to change

First Trust South Relative Risk vs. Return Landscape

If you would invest  2,920  in First Trust South Korea AlphaDEX ETF on February 22, 2018 and sell it today you would earn a total of  21.00  from holding First Trust South Korea AlphaDEX ETF or generate 0.72% return on investment over 30 days. First Trust South Korea AlphaDEX ETF is generating 0.0413% of daily returns assuming volatility of 1.226% on return distribution over 30 days investment horizon. In other words, 11% of equities are less volatile than the company and above 99% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, First Trust South Korea AlphaDEX ETF is expected to generate 1.13 times more return on investment than the market. However, the company is 1.13 times more volatile than its market benchmark. It trades about 0.03 of its potential returns per unit of risk. The DOW is currently generating roughly -0.15 per unit of risk.

Price to Book

First Trust South Price to Book
Based on latest financial disclosure the price to book indicator of First Trust South Korea AlphaDEX ETF is roughly 0.88 times. This is 49.71% lower than that of the First Trust family, and significantly higher than that of Broad Equity category, The Price to Book for all etfs is 9.28% higher than the company.
  to Book 
      First Trust Comparables 
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

First Trust Daily Price Distribution

The median price of First Trust for the period between Thu, Feb 22, 2018 and Sat, Mar 24, 2018 is 29.8 with a coefficient of variation of 1.15. The daily time series for the period is distributed with a sample standard deviation of 0.34, arithmetic mean of 29.83, and mean deviation of 0.28. The Etf did not receive any noticable media coverage during the period.

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in First Trust South Korea AlphaDEX ETF are ranked lower than 2 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

First Trust Sharpe Ratio = 0.0337
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Estimated Market Risk

  actual daily
 89 %
of total potential

Expected Return

  actual daily
 1 %
of total potential

Risk-Adjusted Return

  actual daily
 2 %
of total potential
Based on monthly moving average First Trust is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of First Trust by adding it to a well-diversified portfolio.


First Trust South Dividends Analysis
Check First Trust South dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
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