First Trust Senior Etf Performance

FTSL Etf  USD 45.99  0.03  0.07%   
The etf shows a Beta (market volatility) of 0.12, which means not very significant fluctuations relative to the market. As returns on the market increase, First Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Trust is expected to be smaller as well.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in First Trust Senior are ranked lower than 18 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent basic indicators, First Trust is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
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FTSL ETF Not A Good Entry Point, But An Attractive Hold - Seeking Alpha
03/04/2024
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First Trust Senior Loan ETF Position Reduced by Inspirion Wealth Advisors LLC - Defense World
03/20/2024
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Brookstone Capital Management Reduces Stock Position in First Trust Senior Loan ETF - Defense World
03/26/2024
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Miracle Mile Advisors LLC Cuts Holdings in First Trust Senior Loan ETF - Defense World
04/02/2024
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Atria Wealth Solutions Inc. Acquires 4321 Shares of First Trust Senior Loan ETF - Defense World
04/30/2024
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International Assets Investment Management LLC Has 453000 Stock Position in First Trust Senior Loan ETF ... - Defense World
05/21/2024
In Threey Sharp Ratio0.38
  

First Trust Relative Risk vs. Return Landscape

If you would invest  4,522  in First Trust Senior on February 24, 2024 and sell it today you would earn a total of  77.00  from holding First Trust Senior or generate 1.7% return on investment over 90 days. First Trust Senior is currently generating 0.0265% in daily expected returns and assumes 0.111% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than First, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
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Given the investment horizon of 90 days First Trust is expected to generate 1.62 times less return on investment than the market. But when comparing it to its historical volatility, the company is 5.34 times less risky than the market. It trades about 0.24 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.07 of returns per unit of risk over similar time horizon.

First Trust Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for First Trust's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as First Trust Senior, and traders can use it to determine the average amount a First Trust's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.2383

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Based on monthly moving average First Trust is performing at about 18% 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 Trust by adding it to a well-diversified portfolio.

First Trust Fundamentals Growth

First Etf prices reflect investors' perceptions of the future prospects and financial health of First Trust, and First Trust fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on First Etf performance.

About First Trust Performance

To evaluate First Trust Senior Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when First Trust generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare First Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand First Trust Senior market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents First's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Under normal market conditions, the fund seeks to outperform each of the primary index and secondary index by investing at least 80 percent of its net assets in first lien senior floating rate bank loans. Senior Loan is traded on NASDAQ Exchange in the United States.
Latest headline from news.google.com: International Assets Investment Management LLC Has 453000 Stock Position in First Trust Senior Loan ETF ... - Defense World
The fund retains about 10.68% of its assets under management (AUM) in fixed income securities
When determining whether First Trust Senior is a strong investment it is important to analyze First Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Trust's future performance. For an informed investment choice regarding First Etf, refer to the following important reports:
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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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.