The etf shows a Beta (market volatility) of 0.7987, which means possible diversification benefits within a given portfolio. As returns on the market increase, First Trust returns are expected to increase less than the market. However, during the bear market, the loss on holding First Trust will be expected to be smaller as well. Although it is important to respect First Trust Multi-Asset historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. Our main philosophy towards predicting future performance of any etf is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing First Trust Multi-Asset technical indicators, you can presently evaluate if the expected return of 0.0791% will be sustainable into the future.
8 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in First Trust Multi Asset are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable forward indicators, First Trust is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
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|In Threey Sharp Ratio||0.38|
First Trust Relative Risk vs. Return LandscapeIf you would invest 1,450 in First Trust Multi Asset on September 7, 2023 and sell it today you would earn a total of 73.00 from holding First Trust Multi Asset or generate 5.03% return on investment over 90 days. First Trust Multi Asset is currently generating 0.0791% in daily expected returns and assumes 0.6909% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% 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. Given the investment horizon of 90 days First Trust is expected to generate 0.89 times more return on investment than the market. However, the company is 1.13 times less risky than the market. It trades about 0.11 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.03 per unit of risk.
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 Multi Asset, 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.
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
Things to note about First Trust Multi-Asset performance evaluationChecking the ongoing alerts about First Trust for important developments is a great way to find new opportunities for your next move. Etf alerts and notifications screener for First Trust Multi-Asset help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions. Evaluating First Trust's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate First Trust's etf performance include:
- Analyzing First Trust's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether First Trust's stock is overvalued or undervalued compared to its peers.
- Examining First Trust's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating First Trust's management team can have a significant impact on its success or failure. Reviewing the track record and experience of First Trust's management team can help you assess the ETF's leadership.
- Pay attention to analyst opinions and ratings of First Trust's etf. These opinions can provide insight into First Trust's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in First Trust Multi Asset. Also, note that the market value of any ETF could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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 Multi-Asset 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.