First Trust Ssi Etf Market Outlook
| FCVT Etf | USD 45.71 0.36 0.78% |
Slightly above 61% of First Trust's investor base is looking to short. The current sentiment regarding investing in First Trust SSI etf implies that many traders are alarmed. First Trust's investing sentiment can be driven by a variety of factors including economic data, First Trust's earnings reports, geopolitical events, and overall market trends.
Comfort Level 39
Alarmed
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use First Trust's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward First Trust SSI.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding First Trust SSI is 'Strong Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell First Trust SSI given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for First Trust SSI, the advice is generated through an automated system that utilizes algorithms and statistical models.
Execute First Trust Advice
The First recommendation should be used to complement the investment advice compiled from the current analysts' consensus on First Trust SSI. Macroaxis does not own or have any residual interests in First Trust SSI or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute First Trust's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
For the selected time horizon First Trust SSI has a Risk Adjusted Performance of 0.0721, Jensen Alpha of 0.0138, Total Risk Alpha of (0.04), Sortino Ratio of (0.01) and Treynor Ratio of 0.1112First Trust advice module can be used to check and cross-verify current investment recommendation provided by analysts reviewing the etf's potential to grow using all of fundamental, technical, data market data available at the time. Use First Trust SSI three year return and bond positions weight to ensure your buy or sell decision on First Trust SSI is adequate.
First Trust Trading Alerts and Improvement Suggestions
| Latest headline from seekingalpha.com: First Trust SSI Strategic Convertible Securities ETF declares 0.045 dividend | |
| The fund retains most of the assets under management (AUM) in different types of exotic instruments. |
First Trust Returns Distribution Density
The distribution of First Trust's historical returns is an attempt to chart the uncertainty of First Trust's future price movements. The chart of the probability distribution of First Trust daily returns describes the distribution of returns around its average expected value. We use First Trust SSI price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of First Trust returns is essential to provide solid investment analysis for First Trust.
| Mean Return | 0.1 | Value At Risk | -1.85 | Potential Upside | 1.77 | Standard Deviation | 1.10 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of First Trust historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
First Trust Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to First Trust or First Trust sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that First Trust's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a First etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.77 | |
σ | Overall volatility | 1.07 | |
Ir | Information ratio | -0.0066 |
First Trust Volatility Alert
First Trust SSI has relatively low volatility with skewness of -0.08 and kurtosis of 0.18. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure First Trust's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact First Trust's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.First Trust Fundamentals Vs Peers
Comparing First Trust's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze First Trust's direct or indirect competition across all of the common fundamentals between First Trust and the related equities. This way, we can detect undervalued stocks with similar characteristics as First Trust or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of First Trust's fundamental indicators could also be used in its relative valuation, which is a method of valuing First Trust by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare First Trust to competition |
| Fundamentals | First Trust | Peer Average |
| Price To Earning | 8.97 X | 3.15 X |
| Price To Book | 1.81 X | 0.39 X |
| Price To Sales | 1.79 X | 0.33 X |
| Beta | 1.19 | |
| One Year Return | 23.90 % | (0.97) % |
| Three Year Return | 14.10 % | 3.23 % |
| Five Year Return | 2.50 % | 1.12 % |
| Ten Year Return | 11.30 % | 1.20 % |
| Net Asset | 173.36 M | 2.29 B |
| Last Dividend Paid | 0.04 | 0.14 |
| Equity Positions Weight | 3.46 % | 52.82 % |
| Bond Positions Weight | 1.85 % | 8.16 % |
First Trust Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as First . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 481.71 | |||
| Daily Balance Of Power | (0.33) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 46.11 | |||
| Day Typical Price | 45.98 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (0.58) | |||
| Period Momentum Indicator | (0.36) |
About First Trust Buy or Sell Advice
When is the right time to buy or sell First Trust SSI? Buying financial instruments such as First Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
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 Small Growth Funds Thematic Idea Now
Small Growth Funds
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 42 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 Small Growth Funds Theme or any other thematic opportunities.
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Check out First Trust Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Understanding First Trust SSI requires distinguishing between market price and book value, where the latter reflects First's accounting equity. The concept of intrinsic value - what First Trust's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push First Trust's price substantially above or below its fundamental 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. In contrast, First Trust's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.