First Trust Japan Etf Profile

FJP Etf  USD 54.43  0.39  0.72%   

Performance

13 of 100

 
Low
 
High
Good

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
First Trust is selling at 54.43 as of the 19th of March 2024; that is 0.72 percent up since the beginning of the trading day. The etf's last reported lowest price was 54.31. First Trust has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for First Trust Japan are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2022 and ending today, the 19th of March 2024. Click here to learn more.
The fund will normally invest at least 90 percent of its net assets in the common stocks, depositary receipts, real estate investment trusts and preferred shares that comprise the index. Japan Alphadex is traded on NASDAQ Exchange in the United States. More on First Trust Japan

Moving together with First Etf

  0.97EWJ IShares MSCI JapanPairCorr
  0.97BBJP JPMorgan BetaBuilders Low VolatilityPairCorr
  0.94DXJ WisdomTree Japan HedgedPairCorr
  0.96FLJP Franklin FTSE JapanPairCorr
  0.94HEWJ IShares Currency HedgedPairCorr
  0.94DBJP Xtrackers MSCI JapanPairCorr
  0.9DFJ WisdomTree Japan SmallCapPairCorr

First Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Trust's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Trust or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanRobert Cokeng
Thematic Ideas
(View all Themes)
Old Names[First Trust Global Funds Public Limited Company - First Trust Japan AlphaDEX UCITS ETF, First Trust Global Funds Public Limited Company - First Trust Indxx NextG UCITS ETF, F&J Prince Holdings Corp, First Trust Exchange-Traded AlphaDEX Fund II - First Trust Japan AlphaDEX Fund]
Business ConcentrationBroad Equity ETFs, Size And Style ETFs, Japan Stock, First Trust (View all Sectors)
IssuerFirst Trust
Inception Date2011-04-18
BenchmarkNasdaq AlphaDEX Japan Index
Entity TypeRegulated Investment Company
Asset Under Management199.46 Million
Average Trading Valume5,897
Asset TypeEquity
CategoryBroad Equity
FocusSize and Style
Market ConcentrationDeveloped Markets
RegionAsia-Pacific
AdministratorThe Bank of New York Mellon Corporation
AdvisorFirst Trust Advisors L.P.
CustodianThe Bank of New York Mellon Corporation
DistributorFirst Trust Portfolios L.P.
Portfolio ManagerDaniel Lindquist, Jon Erickson, David McGarel, Roger Testin, Stan Ueland, Chris Peterson, Erik Russo
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Dec
ExchangeNASDAQ
Number of Constituents102
Market MakerSusquehanna
Total Expense0.8
Management Fee0.8
Country NameUSA
Returns Y T D7.24
NameFirst Trust Japan AlphaDEX Fund
Currency CodeUSD
Open FigiBBG001MKPY33
In Threey Volatility16.01
1y Volatility11.53
200 Day M A50.0868
50 Day M A52.4336
CodeFJP
Updated At18th of March 2024
Currency NameUS Dollar
First Trust Japan [FJP] is traded in USA and was established 2011-04-18. The fund is classified under Japan Stock category within First Trust family. The entity is thematically classified as Broad Equity ETFs. First Trust Japan currently have 28.25 M in assets under management (AUM). , while the total return for the last 3 years was 3.3%.
Check First Trust Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust Japan Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top First Trust Japan Etf Constituents

THYCFTaiheiyo CementPink SheetBuilding Materials
TOSCFTosohPink SheetUS Pink Sheet
MSADFMSAD Insurance GroupPink SheetInsurance—Property & Casualty
MZDAFMazda MotorPink SheetAuto Manufacturers
CJPRFCentral Japan RailwayPink SheetRailroads
HNDAFHonda Motor CoPink SheetAuto Manufacturers
ITTOFITOCHU Techno SolutionsPink SheetInformation Technology Services
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First Trust Target Price Odds Analysis

In regard to a normal probability distribution, the odds of First Trust jumping above the current price in 90 days from now is nearly 4.02%. The First Trust Japan probability density function shows the probability of First Trust etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon First Trust has a beta of 0.5221. This usually indicates as returns on the market go up, First Trust average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding First Trust Japan will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0757, implying that it can generate a 0.0757 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 54.43HorizonTargetOdds Above 54.43
95.89%90 days
 54.43 
4.02%
Based on a normal probability distribution, the odds of First Trust to move above the current price in 90 days from now is nearly 4.02 (This First Trust Japan probability density function shows the probability of First Etf to fall within a particular range of prices over 90 days) .

First Trust Japan Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. First Trust market risk premium is the additional return an investor will receive from holding First Trust long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although First Trust's alpha and beta are two of the key measurements used to evaluate First Trust's performance over the market, the standard measures of volatility play an important role as well.

First Trust Against Markets

Picking the right benchmark for First Trust etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Trust etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Trust is critical whether you are bullish or bearish towards First Trust Japan at a given time. Please also check how First Trust's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in First Trust without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy First Etf?

Before investing in First Trust, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in First Trust. To buy First Trust etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of First Trust. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase First Trust etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located First Trust Japan etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased First Trust Japan etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as First Trust Japan, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy First Etf please use our How to Invest in First Trust guide.

Already Invested in First Trust Japan?

The danger of trading First Trust Japan is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Trust is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Trust. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Trust Japan is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether First Trust Japan is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Trust Japan Etf. Highlighted below are key reports to facilitate an investment decision about First Trust Japan Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Japan. Also, note that the market value of any ETF could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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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 Japan 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.