First Trust Technical Analysis

First Trust South Korea AlphaDEX ETF -- USA Etf  

USD 30.69  0.0031  0.0101%

First Trust South Korea AlphaDEX ETF shows Coefficient Of Variation of 323.06, Mean Deviation of 0.6943 and Downside Deviation of 0.7958. First Trust South technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity future prices. In plain English you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for First Trust South Korea AlphaDEX ETF which can be compared to its rivals. Please confirm First Trust South Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if First Trust South is priced favorably providing market reflects its regular price of 30.69 per share.
 Time Horizon     30 Days    Login   to change

First Trust South Technical Analysis

Indicator
Time Period
  Portfolio Optimization    
  
Execute Indicator
 
The output start index for this execution was six with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of First Trust South volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

First Trust South Trend Analysis

Use this graph to draw trend lines for First Trust South Korea AlphaDEX ETF. You can use it to identify possible trend reversals for First Trust as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual First Trust price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

First Trust Best Fit Change Line

The following chart estimates an ordinary least squares regression model for First Trust South Korea AlphaDEX ETF applied against its price change over selected period. The best fit line has a slop of 0.1 % which may imply that First Trust South Korea AlphaDEX ETF will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 8.93, which is the sum of squared deviations for the predicted First Trust price change compared to its average price change.

Did you try this?

Run Global Markets Map Now
   

Global Markets Map

Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Hide  View All  NextLaunch Global Markets Map
First Trust South Korea AlphaDEX ETF is rated # 3 ETF in mean deviation as compared to similar ETFs. It is currently under evaluation in standard deviation as compared to similar ETFs creating about  1.27  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for First Trust South Korea AlphaDEX ETF is roughly  1.27 

One Year Return

First Trust South One Year Return
Based on recorded statements First Trust South Korea AlphaDEX ETF has One Year Return of 35.85%. This is 3138.14% lower than that of the First Trust family, and 507.11% higher than that of Miscellaneous Region category, The One Year Return for all etfs is 2968.0% lower than the firm.
  Year Return 
      First Trust Comparables 
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.

First Trust Market Strength

First Trust January 24, 2018 Daily Price Condition