If you're considering investing in First Etf, it is important to understand the factors that can impact its stock price. As of today, the current price of First Trust is 45.95, as last reported on the 21st of September, with the highest price reaching 46.07 and the lowest price hitting 45.95 during the day. We consider First Trust very steady. First Trust Senior secures Sharpe Ratio (or Efficiency) of 0.36, which denotes the etf had 0.36% of return per unit of risk over the last 3 months. Our standpoint towards predicting the volatility of an etf is to use all available market data together with etf-specific technical indicators that cannot be diversified away. We have found twenty technical indicators for First Trust Senior, which you can use to evaluate the future volatility of the entity. Please confirm First Trust Senior Standard Deviation of 0.152, coefficient of variation of 307.74, and Mean Deviation of 0.127 to check if the risk estimate we provide is consistent with the expected return of 0.0555%. First Etf stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.3605
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Estimated Market Risk
First Trust Etf Price History Chart
There are several ways to analyze First Trust Senior Etf price data. The simplest method is using a basic First candlestick price chart, which shows First Trust price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
First Trust September 21, 2023 Etf Price SynopsisVarious analyses of First Trust stock's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell First Etf. It can be used to describe the percentage change in the price of First Trust from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of First Etf. When benchmark price declines in a down market, there may be an uptick in First Trust Senior Etf price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use First Trust intraday prices and daily technical indicators to check the level of noise trading in First Trust Senior Etf and then apply it to test your longer-term investment strategies against First.
First Etf Price History DataThe price series of First Trust for the period between Fri, Jun 23, 2023 and Thu, Sep 21, 2023 has a statistical range of 1.68 with a coefficient of variation of 1.06. Under current investment horizon, the daily prices are spread out with arithmetic mean of 45.24. The median price for the last 90 days is 45.21. The company completed dividends distribution on 21st of November 2019.
About First Trust Etf history
First Trust 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 Trust Senior 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 Trust stock prices may prove useful in developing a viable investing in First Trust
First Trust Etf Technical Analysis
First Trust 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 Ceiling Movement
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First Trust Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First stock's 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 stock 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Senior. Also, note that the market value of any ETF could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for First Etf analysis
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.
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.
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.