First Etf Probability of Future Etf Price Finishing Over 29.34

FTXO Etf  USD 29.34  0.04  0.14%   
First Trust's future price is the expected price of First Trust instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of First Trust Nasdaq performance during a given time horizon utilizing its historical volatility.
  
First Trust's implied volatility is one of the determining factors in the pricing options written on First Trust Nasdaq. Implied volatility approximates the future value of First Trust based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in First Trust Nasdaq over a specific time period. For example, 2023-02-17 CALL at $29.0 is a CALL option contract on First Trust's common stock with a strick price of 29.0 expiring on 2023-02-17. The contract was not traded in recent days and, as of today, has 11 days remaining before the expiration. The option is currently trading at a bid price of $0.05, and an ask price of $1.75. The implied volatility as of the 6th of February is 30.963. View All First options

Closest to current price First long CALL Option Payoff at Expiration

Please check First Trust Backtesting, Portfolio Optimization, First Trust Correlation, First Trust Hype Analysis, First Trust Volatility, First Trust History as well as First Trust Performance. Please specify First Trust time horizon, a valid symbol (red box) and a target price (blue box) you would like First Trust odds to be computed.

First Trust Target Price Odds to finish over 29.34

The tendency of First Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 29.34 90 days 29.34 
under 4
Based on a normal probability distribution, the odds of First Trust to move above the current price in 90 days from now is under 4 (This First Trust Nasdaq probability density function shows the probability of First Etf to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the etf has the beta coefficient of 1.19 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, First Trust will likely underperform. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. First Trust Nasdaq is significantly underperforming NYSE Composite.
   First Trust Price Density   
       Price  

Predictive Modules for First Trust

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First Trust Nasdaq. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of First Trust's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of First Trust in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
27.7629.2830.80
Details
Intrinsic
Valuation
LowReal ValueHigh
27.3228.8430.36
Details
Naive
Forecast
LowNext ValueHigh
28.0229.5431.06
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
25.9927.7929.59
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as First Trust. Your research has to be compared to or analyzed against First Trust's peers to derive any actionable benefits. When done correctly, First Trust's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in First Trust Nasdaq.

First Trust Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. First Trust is not an exception. The market had few large corrections towards the First Trust's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold First Trust Nasdaq, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of First Trust within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.06
β
Beta against NYSE Composite1.19
σ
Overall volatility
1.08
Ir
Information ratio -0.02

First Trust Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of First Etf often depends not only on the future outlook of the current and potential First Trust's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. First Trust's indicators that are reflective of the short sentiment are summarized in the table below.
Average Daily Volume Last 10 Day40.31k
Average Daily Volume In Three Month42.78k

First Trust Technical Analysis

First Trust's future price can be derived by breaking down and analyzing its technical indicators over time. First Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of First Trust Nasdaq. In general, you should focus on analyzing First Etf price patterns and their correlations with different microeconomic environments and drivers.

First Trust Predictive Forecast Models

First Trust time-series forecasting models is one of many First Trust's etf analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary First Trust's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Trust in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Trust's short interest history, or implied volatility extrapolated from First Trust options trading.
Please check First Trust Backtesting, Portfolio Optimization, First Trust Correlation, First Trust Hype Analysis, First Trust Volatility, First Trust History as well as First Trust Performance. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running First Trust Nasdaq 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 Nasdaq 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.