First Trust Nasdaq Etf Buy Hold or Sell Recommendation
| FTXO Etf | USD 23.19 0.25 1.07% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding First Trust Nasdaq is 'Buy'. 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 FTXO positions. The advice algorithm takes into account all of First Trust's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Osisko Gold Ro's buy or sell advice are summarized below:
Real Value 23.26 | Hype Value 23.19 | Market Value 23.19 | Naive Value 23.25 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell First Trust Nasdaq given historical horizon and risk tolerance towards First Trust. When Macroaxis issues a 'buy' or 'sell' recommendation for First Trust Nasdaq, the advice is generated through an automated system that utilizes algorithms and statistical models.
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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 Nasdaq. Macroaxis does not own or have any residual interests in First Trust Nasdaq 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
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Buy
First Trust Trading Alerts and Improvement Suggestions
| First Trust Nasdaq is unlikely to experience financial distress in the next 2 years | |
| The fund retains 99.44% of its assets under management (AUM) in equities |
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 Nasdaq 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 Return | 0.11 | Value At Risk | -2.2 | Potential Upside | 2.97 | Standard Deviation | 1.62 |
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 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 | 0.11 | |
β | Beta against NYSE Composite | 1.74 | |
σ | Overall volatility | 1.63 | |
Ir | Information ratio | 0.06 |
First Trust Volatility Alert
First Trust Nasdaq has relatively low volatility with skewness of 0.65 and kurtosis of 1.3. However, we advise all investors to independently investigate First Trust Nasdaq to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. 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 |
| Fundamentals | First Trust | Peer Average |
| Beta | 1.0 | |
| One Year Return | (10.70) % | (0.97) % |
| Three Year Return | 2.60 % | 3.23 % |
| Five Year Return | 1.10 % | 1.12 % |
| Net Asset | 202.04 M | 2.29 B |
| Last Dividend Paid | 0.21 | 0.14 |
| Equity Positions Weight | 99.44 % | 52.82 % |
About First Trust Buy or Sell Advice
When is the right time to buy or sell First Trust Nasdaq? 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 Healthcare Thematic Idea Now
Healthcare
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Healthcare 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 Healthcare 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 the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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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 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 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.