First Etf Profile

FJP
 Etf
  

USD 42.58  0.15  0.35%   

Market Performance
3 of 100
Odds Of Distress
Less than 50
First Trust is selling at 42.58 as of the 9th of December 2022; that is 0.35 percent up since the beginning of the trading day. The etf's last reported lowest price was 42.34. First Trust has 50 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for First Trust Japan are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of December 2020 and ending today, the 9th of December 2022. Click here to learn more.
The fund will normally invest at least 90 percent of its net assets in the common stocks, depositary receipts, real estate investment trusts and preferred shares that comprise the index. Japan Alphadex is traded on NASDAQ Exchange in the United States. More on First Trust Japan

Moving together with First Trust

+0.68MMM3M Company Sell-off TrendPairCorr

First Trust Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Trust's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Trust or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
First Trust Japan has high likelihood to experience some financial distress in the next 2 years
First Trust Japan generated five year return of -6.0%
This fund retains 99.91% of its assets under management (AUM) in equities
ChairmanRobert Cokeng
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of First Trust's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
IssuerFirst Trust
Inception Date2011-04-18
BenchmarkNASDAQ AlphaDEX Japan Index
Entity TypeRegulated Investment Company
Asset Under Management52.76 Million
Average Trading Valume47,066.8
Asset TypeEquity
CategoryBroad Equity
FocusBroad Equity
Market ConcentrationDeveloped Markets
RegionAsia-Pacific
AdministratorBrown Brothers Harriman & Co.
AdvisorFirst Trust Advisors L.P.
CustodianBrown Brothers Harriman & Co.
DistributorFirst Trust Portfolios L.P.
Portfolio ManagerDaniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin, Stan Ueland, Chris A. Peterson
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Dec
ExchangeNASDAQ
Number of Constituents102
Market MakerSusquehanna
Total Expense0.8
Management Fee0.8
Nav Price38.52
Two Hundred Day Average43.16
Ytd-21.51%
Average Daily Volume In Three Month5.65k
Fifty Two Week Low36.88
As Of Date25th of October 2022
Average Daily Volume Last 10 Day1.03k
Fifty Two Week High52.0
One Month-2.93%
Fifty Day Average39.09
Three Month-6.76%
Beta In Three Year0.77
First Trust Japan [FJP] is traded in USA and was established 2011-04-18. The fund is classified under Japan Stock category within First Trust family. First Trust Japan currently have 28.25 M in assets under management (AUM). , while the total return for the last 3 years was -6.09%.
Check First Trust Probability Of Bankruptcy

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust Japan Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

First Trust Japan Currency Exposure

First Trust Japan holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of First Trust will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in First Trust Japan.

Top First Trust Japan Etf Constituents

First Trust Target Price Odds Analysis

Contingent on a normal probability distribution, the odds of First Trust jumping above the current price in 90 days from now is nearly 4.63%. The First Trust Japan probability density function shows the probability of First Trust etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon First Trust has a beta of 0.7624. This usually indicates as returns on the market go up, First Trust average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding First Trust Japan will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0313, implying that it can generate a 0.0313 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 42.58HorizonTargetOdds Above 42.58
95.31%90 days
 42.58 
4.63%
Based on a normal probability distribution, the odds of First Trust to move above the current price in 90 days from now is nearly 4.63 (This First Trust Japan probability density function shows the probability of First Etf to fall within a particular range of prices over 90 days) .

First Trust Major Institutional Holders

Institutional Holdings refers to the ownership stake in First Trust that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Trust's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Trust's value.
InstituionSecurity TypeTotal SharesValue
Wintrust Investments LlcFund Units32.6 K1.6 M
View First Trust Diagnostics

First Trust Japan Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. First Trust market risk premium is the additional return an investor will receive from holding First Trust long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although First Trust's alpha and beta are two of the key measurements used to evaluate First Trust's performance over the market, the standard measures of volatility play an important role as well.

First Trust Against Markets

Picking the right benchmark for First Trust etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Trust etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Trust is critical whether you are bullish or bearish towards First Trust Japan at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in First Trust without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in First Trust Japan?

The danger of trading First Trust Japan is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Trust is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Trust. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Trust Japan is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Investing Opportunities. You can also try Transaction History module to view history of all your transactions and understand their impact on performance.

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When running First Trust Japan 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 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 Japan 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 First Trust value 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.