First Trust Etf Forecast - Daily Balance Of Power
FTSM Etf | USD 59.99 0.03 0.05% |
First Etf Forecast is based on your current time horizon.
First |
Open Interest Against 2024-12-20 First Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast First Trust's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in First Trust's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for First Trust stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current First Trust's open interest, investors have to compare it to First Trust's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of First Trust is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in First. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
0.5 | 0.3333 |
Check First Trust Volatility | Backtest First Trust | Trend Details |
First Trust Trading Date Momentum
On November 26 2024 First Trust Enhanced was traded for 59.96 at the closing time. The top price for the day was 59.99 and the lowest listed price was 59.95 . The trading volume for the day was 784.2 K. The trading history from November 26, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 0.02% . The overall trading delta against the current closing price is 0.05% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare First Trust to competition |
Other Forecasting Options for First Trust
For every potential investor in First, whether a beginner or expert, First Trust's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. First Etf price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in First. Basic forecasting techniques help filter out the noise by identifying First Trust's price trends.First Trust Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with First Trust etf to make a market-neutral strategy. Peer analysis of First Trust could also be used in its relative valuation, which is a method of valuing First Trust by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
First Trust Enhanced Technical and Predictive Analytics
The etf market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of First Trust's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of First Trust's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
First Trust Market Strength Events
Market strength indicators help investors to evaluate how First Trust etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Trust shares will generate the highest return on investment. By undertsting and applying First Trust etf market strength indicators, traders can identify First Trust Enhanced entry and exit signals to maximize returns.
First Trust Risk Indicators
The analysis of First Trust's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in First Trust's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting first etf prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 0.0253 | |||
Standard Deviation | 0.0313 | |||
Variance | 0.001 | |||
Downside Variance | 0.001 | |||
Semi Variance | (0.02) | |||
Expected Short fall | (0.04) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of First Trust to cross-verify your projections. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of First Trust Enhanced 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.