First Trust Competition
| BUFR Etf | USD 30.50 0.07 0.23% |
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of First Trust competition on your existing holdings.
First |
First Trust Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between First Trust and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of First and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of First Trust Cboe does not affect the price movement of the other competitor.
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
First Trust Constituents Risk-Adjusted Indicators
There is a big difference between First Etf performing well and First Trust ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze First Trust's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BUFD | 0.22 | 0.01 | (0.19) | 0.14 | 0.22 | 0.48 | 1.44 | |||
| BUFG | 0.34 | 0.00 | (0.11) | 0.12 | 0.38 | 0.71 | 2.40 | |||
| DFEB | 0.22 | 0.01 | (0.19) | 0.14 | 0.21 | 0.54 | 1.80 | |||
| DAUG | 0.25 | 0.00 | (0.18) | 0.12 | 0.22 | 0.63 | 1.78 | |||
| FJUN | 0.35 | 0.00 | (0.09) | 0.12 | 0.41 | 0.73 | 2.37 |
First Trust Competitive Analysis
The better you understand First Trust competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, First Trust's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across First Trust's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
| BUFR | BUFD | BUFG | DFEB | DAUG | FJUN | |
| 0.23 30.50 First | 0.08 25.52 BUFD | 0.41 24.63 First | 0.21 42.55 DFEB | 0.13 39.75 DAUG | 0.19 51.70 FJUN | Market Volatility (90 Days Market Risk) |
| Market Performance (90 Days Performance) | ||||||
| Odds of Financial Distress (Probability Of Bankruptcy) | ||||||
| Current Valuation (Equity Enterprise Value) | ||||||
| Buy or Sell Advice (Average Analysts Consensus) | ||||||
Trade Advice (90 Days Macroaxis Advice) | ||||||
| Five Year Return | ||||||
| One Year Return | ||||||
| Equity Positions Weight | ||||||
| Three Year Return | ||||||
| Net Asset | ||||||
| Beta | ||||||
| Day Typical Price | ||||||
| Accumulation Distribution | ||||||
| Market Facilitation Index | ||||||
| Daily Balance Of Power | ||||||
| Period Momentum Indicator | ||||||
| Rate Of Daily Change | ||||||
| Day Median Price | ||||||
| Price Action Indicator | ||||||
| Relative Strength Index | ||||||
| Coefficient Of Variation | ||||||
| Mean Deviation | ||||||
| Jensen Alpha | ||||||
| Total Risk Alpha | ||||||
| Sortino Ratio | ||||||
| Downside Variance | ||||||
| Standard Deviation | ||||||
| Kurtosis | ||||||
| Potential Upside | ||||||
| Treynor Ratio | ||||||
| Maximum Drawdown | ||||||
| Variance | ||||||
| Market Risk Adjusted Performance | ||||||
| Risk Adjusted Performance | ||||||
| Skewness | ||||||
| Semi Deviation | ||||||
| Information Ratio | ||||||
| Value At Risk | ||||||
| Expected Short fall | ||||||
| Downside Deviation | ||||||
| Semi Variance |
First Trust Competition Performance Charts
Five steps to successful analysis of First Trust Competition
First Trust's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by First Trust Cboe in relation to its competition. First Trust's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of First Trust in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact First Trust's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to First Trust Cboe, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your First Trust position
In addition to having First Trust in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Processed Foods Thematic Idea Now
Processed Foods
Companies producing and distributing processed foods to retail sectors. The Processed Foods theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Processed Foods Theme or any other thematic opportunities.
| View All Next | Launch |
Check out First Trust Correlation with its peers. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of First Trust Cboe 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.