First Etf Buy Hold or Sell Recommendation

Etfs . USA . 
Etf . First Trust Senior
FTSL Etf  USD 44.84  0.02  0.0446%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding First Trust Senior is 'Strong Hold'. Macroaxis provides First Trust buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FTSL positions. The advice algorithm takes into account all of First Trust's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from First Trust's buy-and-hold perspective. Check out First Trust Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as First and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards First Trust Senior.

Execute First Trust Buy or Sell Advice

The First recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on First Trust Senior. Macroaxis does not own or have any residual interests in First Trust Senior or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute First Trust's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell First TrustBuy First Trust
Strong Hold

Market Performance

Insignificant
Details

Volatility

Very steady
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Hype Condition

Stale
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Current Valuation

Fairly Valued
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Odds of Distress

Very Small
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Economic Sensitivity

Barely shadows the market
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Analyst Consensus

Not Available
Details
For the selected time horizon First Trust Senior has a Risk Adjusted Performance of 0.0165, Jensen Alpha of 0.0139, Total Risk Alpha of 0.0207, Sortino Ratio of 0.2536 and Treynor Ratio of 0.0103
First Trust advice module can be used to check and cross-verify current investment recommendation provided by analysts reviewing the etf's potential to grow using all of fundamental, technical, data market data available at the time. Please use First Trust total asset and last dividend paid to make buy, hold, or sell decision on First Trust Senior.

First Trust Trading Alerts and Improvement Suggestions

First Trust Senior is unlikely to experience financial distress in the next 2 years
Latest headline from thelincolnianonline.com: Ameritas Advisory Services LLC Reduces Holdings in First Trust Senior Loan ETF
The fund retains about 10.68% of its assets under management (AUM) in fixed income securities

First Trust Returns Distribution Density

The distribution of First Trust's historical returns is an attempt to chart the uncertainty of First Trust's future price movements. The chart of the probability distribution of First Trust stock daily returns describes the distribution of returns around its average expected value. We use First Trust Senior price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of First Trust returns is essential to provide solid investment advice for First Trust.
Mean Return0.0119Value At Risk-0.36
Potential Upside0.43Standard Deviation0.25
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of First Trust historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

First Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as First Trust is soaring high without any particular reason? This is usually happening because many institutional investors.are aggressively trading First Trust Senior backward and forwards among themselves. First Trust's institutional investor refers to the entity that pools money to purchase First Trust's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Last TransactionTypeSharesValue
Morgan Stanley2023-03-31Fund Units4.8 M219.4 M
Royal Bank Of Canada2023-03-31Fund Units4 M182.8 M
Bank Of America Corp2023-03-31Fund Units2.3 M102 M
Wells Fargo Company2023-03-31Fund Units2 M91.1 M
Lpl Financial Llc2023-03-31Fund Units1.7 M78.8 M
Ubs Group Ag2023-03-31Fund Units1.3 M58.2 M
Virtue Capital Management Llc2023-03-31Fund Units932.8 K42 M
Raymond James Associates2023-03-31Fund Units786.8 K35.6 M
Flaharty Asset Management Llc2023-03-31Fund Units731.8 K33.1 M
First Trust Advisors Lp2023-03-31Fund Units709.5 K32.1 M
Wagner Wealth Management Llc2023-03-31Fund Units705.9 K31.9 M
Note, although First Trust's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.
Backtest First Trust Senior

First Trust Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to First Trust or First Trust sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that First Trust's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a First etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite		0.013854
β
Beta against NYSE Composite0.18
σ
Overall volatility		0.26
Ir
Information ratio 0.27

First Trust Volatility Alert

First Trust Senior exhibits very low volatility with skewness of -0.67 and kurtosis of 2.68. However, we advise investors to further study First Trust Senior technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure First Trust's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact First Trust's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

First Trust Fundamentals Vs Peers

Comparing First Trust's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze First Trust's direct or indirect competition across all of the common fundamentals between First Trust and the related equities. This way, we can detect undervalued stocks with similar characteristics as First Trust or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of First Trust's fundamental indicators could also be used in its relative valuation, which is a method of valuing First Trust by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare First Trust to competition
FundamentalsFirst TrustPeer Average
One Year Return(2.84) %(0.97) %
Three Year Return1.76 %3.23 %
Five Year Return2.34 %1.12 %
Net Asset3.01 B2.29 B
Last Dividend Paid0.170.14
Bond Positions Weight10.68 %8.16 %

About First Trust Buy or Sell Advice

When is the right time to buy or sell First Trust Senior? Buying financial instruments such as First Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having First Trust in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Chemicals Thematic Idea Now

Chemicals
Chemicals Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Chemicals theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Theme or any other thematic opportunities.
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Check out First Trust Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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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 Senior 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.
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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. Check out First Trust Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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