First Asset Morningstar Etf Price on January 31, 2018
YXM Etf | CAD 26.02 0.02 0.08% |
Below is the normalized historical share price chart for First Asset Morningstar extending back to October 28, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of First Asset stands at 26.02, as last reported on the 28th of March, with the highest price reaching 26.02 and the lowest price hitting 26.02 during the day.
If you're considering investing in First Etf, it is important to understand the factors that can impact its price. First Asset appears to be very steady, given 3 months investment horizon. First Asset Morningstar secures Sharpe Ratio (or Efficiency) of 0.33, which denotes the etf had a 0.33% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for First Asset Morningstar, which you can use to evaluate the volatility of the entity. Please utilize First Asset's Downside Deviation of 0.8829, mean deviation of 0.7149, and Coefficient Of Variation of 295.31 to check if our risk estimates are consistent with your expectations.
First Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 22.17 | 200 Day MA 20.7822 | 1 y Volatility 21.87 | 50 Day MA 23.576 | Inception Date 2013-10-16 |
First |
Sharpe Ratio = 0.3305
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.33 actual daily | 25 75% of assets perform better |
Based on monthly moving average First Asset is performing at about 25% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of First Asset by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 27.8 K |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
MSFT | Microsoft | |
GOOG | Alphabet Class C | |
S | SentinelOne |
About First Asset Etf history
First Asset investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Asset Morningstar will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing First Asset stock prices may prove useful in developing a viable investing in First Asset
The ETF has been designed to replicate, to the extent possible, the performance of the Morningstar US Target Momentum Index, net of expenses. CI FA is traded on Toronto Stock Exchange in Canada.
First Asset Etf Technical Analysis
First Asset technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
First Asset Period Price Range
First Asset March 28, 2024 Market Strength
Market strength indicators help investors to evaluate how First Asset etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Asset shares will generate the highest return on investment. By undertsting and applying First Asset etf market strength indicators, traders can identify First Asset Morningstar entry and exit signals to maximize returns
Daily Balance Of Power | (9,223,372,036,855) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 26.02 | |||
Day Typical Price | 26.02 | |||
Price Action Indicator | (0.01) | |||
Period Momentum Indicator | (0.02) | |||
Relative Strength Index | 86.49 |
First Asset Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Asset's price direction in advance. Along with the technical and fundamental analysis of First Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of First to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1923 | |||
Jensen Alpha | 0.2817 | |||
Total Risk Alpha | 0.0999 | |||
Sortino Ratio | 0.2146 | |||
Treynor Ratio | 1.22 |
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Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in First Asset Morningstar. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for First Etf analysis
When running First Asset's price analysis, check to measure First Asset'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 Asset is operating at the current time. Most of First Asset's value examination focuses on studying past and present price action to predict the probability of First Asset'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 Asset's price. Additionally, you may evaluate how the addition of First Asset to your portfolios can decrease your overall portfolio volatility.
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