Japan Etf Financials

FJP -  USA Etf  

USD 51.47  0.27  0.53%

Understanding current and past Japan Alphadex Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Japan Alphadex's financial statements are interrelated, with each one affecting the others. For example, an increase in Japan Alphadex's assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of Japan Alphadex's financials over time to get the whole picture.
Use fundamental data analysis to validate all available fundamentals of Japan Alphadex to find out if markets are presently mispricing the etf. We are able to break down thirteen available reported financial drivers for Japan Alphadex, which can be compared to its competitors. Please utilize Japan Alphadex three year return and equity positions weight to make a decision on whether Japan Alphadex is priced some-what accurately. Use Japan Alphadex to enhance returns of your portfolios. The etf experiences a moderate upward volatility. Check odds of Japan Alphadex to be traded at $56.62 in 90 days.

Japan Fundamentals 

With this module, you can analyze Japan financials for your investing period. You should be able to track the changes in Japan Alphadex individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  Chance Of Financial Distress
Less than 2
Japan Alphadex has less than 2 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Japan Alphadex etf is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Japan Alphadex's official financial statements usually reflect Japan Alphadex's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Japan Alphadex. For example, before you start analyzing numbers published by Japan accountants, it's critical to develop an understanding of what Japan Alphadex's liquidity, profitability, and earnings quality are in the context of the First Trust space in which it operates.
Please note, the presentation of Japan Alphadex's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Japan Alphadex's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Japan Alphadex's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Japan Alphadex. Please utilize our Beneish M Score to check the likelihood of Japan Alphadex's management to manipulate its earnings.

Japan Alphadex Company Summary

Japan Alphadex competes with Db-Xt MSCI. The investment seeks investment results that correspond generally to the price and yield of an equity index called the NASDAQ AlphaDEX Japan Index. 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. The index is designed to select stocks from the NASDAQ Japan Index that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX selection methodology.
InstrumentUSA Etf View All
ExchangeNYSEArca Exchange
Investment IssuerFirst Trust
Etf FamilyFirst Trust
Fund CategoryBroad Equity
Portfolio ConcentrationBroad Equity
Phone800 621 1675
CurrencyUSD - US Dollar

Japan Alphadex Key Financial Ratios

Generally speaking, Japan Alphadex's financial ratios allow both analysts and investors to convert raw data from Japan Alphadex's financial statements into concise, actionable information that can be used to evaluate the performance of Japan Alphadex over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Japan Alphadex reports annually and quarterly.

Japan Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Japan Alphadex's current stock value. Our valuation model uses many indicators to compare Japan Alphadex value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Japan Alphadex competition to find correlations between indicators driving Japan Alphadex's intrinsic value. More Info.
Japan Alphadex is rated # 2 ETF in price to earning as compared to similar ETFs. It is one of the top ETFs in price to book as compared to similar ETFs fabricating about  0.08  of Price to Book per Price to Earning. The ratio of Price to Earning to Price to Book for Japan Alphadex is roughly  11.98 

Japan Alphadex Systematic Risk

Japan Alphadex's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Japan Alphadex volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was one hundred with a total number of output elements of four hundred twenty-three. The Beta measures systematic risk based on how returns on Japan Alphadex correlated with the market. If Beta is less than 0 Japan Alphadex generally moves in the opposite direction as compared to the market. If Japan Alphadex Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Japan Alphadex is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Japan Alphadex is generally in the same direction as the market. If Beta > 1 Japan Alphadex moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

About Japan Alphadex Financials

What exactly are Japan Alphadex Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Japan Alphadex's income statement, its balance sheet, and the statement of cash flows. Potential Japan Alphadex investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Japan Alphadex investors may use each financial statement separately, they are all related. The changes in Japan Alphadex's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Japan Alphadex's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Japan Alphadex October 24, 2021 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Japan Alphadex help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Japan Alphadex. We use our internally-developed statistical techniques to arrive at the intrinsic value of Japan Alphadex based on widely used predictive technical indicators. In general, we focus on analyzing Japan Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Japan Alphadex's daily price indicators and compare them against related drivers.
Downside Deviation1.52
Information Ratio(0.034302)
Maximum Drawdown12.83
Value At Risk(2.01)
Potential Upside1.73
Please check Investing Opportunities. Note that the Japan Alphadex information on this page should be used as a complementary analysis to other Japan Alphadex's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Complementary Tools for Japan Etf analysis

When running Japan Alphadex price analysis, check to measure Japan Alphadex'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 Japan Alphadex is operating at the current time. Most of Japan Alphadex's value examination focuses on studying past and present price action to predict the probability of Japan Alphadex's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Japan Alphadex's price. Additionally, you may evaluate how the addition of Japan Alphadex to your portfolios can decrease your overall portfolio volatility.
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
The market value of Japan Alphadex is measured differently than its book value, which is the value of Japan that is recorded on the company's balance sheet. Investors also form their own opinion of Japan Alphadex's value that differs from its market value or its book value, called intrinsic value, which is Japan Alphadex'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 Japan Alphadex's market value can be influenced by many factors that don't directly affect Japan Alphadex underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Japan Alphadex's value and its price as these two are different measures arrived at by different means. Investors typically determine Japan Alphadex value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Japan Alphadex'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.