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.
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
 
Yuan Drop
 
Covid
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.

Sharpe Ratio = 0.3305

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsYXM
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

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.

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.
A focus of First Asset technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of First Asset trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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

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.
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.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Please note, there is a significant difference between First Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Asset'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.