First Etf Profile

FTSM Etf  USD 59.50  0.01  0.0168%   
Market Performance
56 of 100
Odds Of Distress
Less than 1
First Trust is selling for 59.50 as of the 5th of February 2023. This is a 0.0168 percent up since the beginning of the trading day. The etf's lowest day price was 59.49. First Trust has a very small chance of experiencing financial distress in the next few years and had a market crasher performance during the last 90 days. Equity ratings for First Trust Enhanced are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of January 2023 and ending today, the 5th of February 2023. Click here to learn more.
Under normal market conditions, the Advisor intends to achieve its investment objective by investing at least 80 percent of its net assets in a portfolio of U.S. dollar-denominated fixed- and variable-rate debt securities. Enhanced Short is traded on NASDAQ Exchange in the United States.. More on First Trust Enhanced

Moving together with First Trust

+0.75DDDupont De Nemours Earnings Call This WeekPairCorr

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.
Macroaxis Advice
The 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 SellOvervalued
IssuerFirst Trust
Inception Date2014-08-05
BenchmarkNot Applicable
Entity TypeRegulated Investment Company
Average Trading Valume1.75 Million
Asset TypeFixed Income
CategoryBroad Debt
FocusBroad Debt
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorFirst Trust Advisors L.P.
CustodianThe Bank of New York Mellon Corporation
DistributorFirst Trust Portfolios L.P.
Portfolio ManagerTodd Larson, Jeremiah Charles, James Snyder, Eric R. Maisel
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Oct
ExchangeNASDAQ
Number of Constituents586
Market MakerSusquehanna
Total Expense0.45
Management Fee0.45
Nav Price59.41
Two Hundred Day Average59.47
Ytd0.10%
Average Daily Volume In Three Month1.53M
Fifty Two Week Low59.26
As Of Date25th of October 2022
Average Daily Volume Last 10 Day1.35M
Fifty Two Week High59.86
One Month0.13%
Fifty Day Average59.39
Three Month0.42%
Beta In Three Year0.08
First Trust Enhanced [FTSM] is traded in USA and was established 2014-08-05. The fund is listed under Ultrashort Bond category and is part of First Trust family. First Trust Enhanced currently have 6.34 B in assets under management (AUM). , while the total return for the last 3 years was 0.55%.
Check First Trust Probability Of Bankruptcy

Geographic Allocation (%)

Top First Trust Enhanced Etf Constituents

Morgan Stanley 0.75%0.66000004%
DENTON TEX UTIL SYS REV TAXABLE IAM COML PAPER NTS 3/A2 SER A EXTENDABLE 0%0.57%
Bpce Sa 1%0.58%
Bank of Nova Scotia 0.5%0.57%
United States Treasury Notes 1.5%0.92%
Oracle Corporation 1.9%0.69%
Volkswagen Group of America Finance LLC 2.5%0.62%
New York Life Global Funding 0.4%0.57%
Maxim Integrated Products, Inc. 3.38%0.6%
Met Tower Global Funding 0.6%0.58%

First Trust Target Price Odds Analysis

Based on a normal probability distribution, the odds of First Trust jumping above the current price in 90 days from now is about 5.67%. The First Trust Enhanced probability density function shows the probability of First Trust etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days First Trust has a beta of 0.006. 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 Enhanced will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0088, implying that it can generate a 0.008765 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 59.5HorizonTargetOdds Above 59.5
93.60%90 days
 59.50 
5.67%
Based on a normal probability distribution, the odds of First Trust to move above the current price in 90 days from now is about 5.67 (This First Trust Enhanced probability density function shows the probability of First Etf to fall within a particular range of prices over 90 days) .

First Trust Top Holders

First Trust Enhanced 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 Enhanced 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 Enhanced?

The danger of trading First Trust Enhanced 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 Enhanced 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running First Trust Enhanced 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 Enhanced 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.