First Trust Preferred Etf Performance

FPE Etf  USD 17.32  0.04  0.23%   
The etf shows a Beta (market volatility) of 0.0111, which means not very significant fluctuations relative to the market. As returns on the market increase, First Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Trust is expected to be smaller as well.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in First Trust Preferred are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, First Trust is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1
When Moves Investors should Listen - Stock Traders Daily
01/18/2024
2
Trading Report - Stock Traders Daily
01/29/2024
3
Kingsview Wealth Management LLC Purchases 4,006 Shares of First Trust Preferred Securities and Income ETF
02/01/2024
4
First Trust Preferred Securities and Income ETF Shares Sold by LPL Financial LLC
02/21/2024
5
Mariner LLC Cuts Stock Position in First Trust Preferred Securities and Income ETF - AmericanBankingNEWS
02/26/2024
6
SDI Element Logic FPE Transform Warehouse Automation with Cutting-Edge AutoStore System
03/07/2024
7
B. Riley Wealth Advisors Inc. Acquires 19731 Shares of First Trust Preferred Securities and Income ETF NYSEARCA ... - Defense World
03/15/2024
8
First Trust Preferred Securities and Income ETF Shares Bought by Whittier Trust Co. - Defense World
03/26/2024
In Threey Sharp Ratio-0.19
  

First Trust Relative Risk vs. Return Landscape

If you would invest  1,662  in First Trust Preferred on December 29, 2023 and sell it today you would earn a total of  70.00  from holding First Trust Preferred or generate 4.21% return on investment over 90 days. First Trust Preferred is generating 0.068% of daily returns assuming volatility of 0.2617% on return distribution over 90 days investment horizon. In other words, 2% of etfs are less volatile than First, and above 99% of all equities are expected to generate higher returns over the next 90 days.
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       Risk  
Considering the 90-day investment horizon First Trust is expected to generate 1.95 times less return on investment than the market. But when comparing it to its historical volatility, the company is 2.19 times less risky than the market. It trades about 0.26 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 of returns per unit of risk over similar time horizon.

First Trust Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for First Trust's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as First Trust Preferred, and traders can use it to determine the average amount a First Trust's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.2598

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Estimated Market Risk

 0.26
  actual daily
2
98% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.26
  actual daily
20
80% of assets perform better
Based on monthly moving average First Trust is performing at about 20% 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 Fundamentals Growth

First Etf prices reflect investors' perceptions of the future prospects and financial health of First Trust, and First Trust fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on First Etf performance.

About First Trust Performance

To evaluate First Trust Preferred Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when First Trust generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare First Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand First Trust Preferred market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents First's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Under normal market conditions, the fund invests at least 80 percent of its net assets in preferred securities and income-producing debt securities . Preferred Securities is traded on NYSEARCA Exchange in the United States.
Latest headline from news.google.com: First Trust Preferred Securities and Income ETF Shares Bought by Whittier Trust Co. - Defense World
The fund retains about 13.65% of its assets under management (AUM) in fixed income securities
When determining whether First Trust Preferred is a strong investment it is important to analyze First Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Trust's future performance. For an informed investment choice regarding First Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Preferred. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running First Trust's price analysis, check to measure First Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Trust is operating at the current time. Most of First Trust's value examination focuses on studying past and present price action to predict the probability of First Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Trust's price. Additionally, you may evaluate how the addition of First Trust to your portfolios can decrease your overall portfolio volatility.
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The market value of First Trust Preferred is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.