First Trust Global Etf Price on October 18, 2024
ETP Etf | CAD 17.78 0.02 0.11% |
Below is the normalized historical share price chart for First Trust Global extending back to July 23, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of First Trust stands at 17.78, as last reported on the 28th of November, with the highest price reaching 17.78 and the lowest price hitting 17.78 during the day.
If you're considering investing in First Etf, it is important to understand the factors that can impact its price. As of now, First Etf is very steady. First Trust Global secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the etf had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for First Trust Global, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Coefficient Of Variation of 816.56, mean deviation of 0.2345, and Downside Deviation of 0.3611 to check if the risk estimate we provide is consistent with the expected return of 0.0419%.
First Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 7.68 | 200 Day MA 17.0681 | 1 y Volatility 6.62 | 50 Day MA 17.6636 | Inception Date 2014-07-22 |
First |
Sharpe Ratio = 0.1297
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | ETP |
Estimated Market Risk
0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average First Trust is performing at about 10% 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.
Average Mkt Cap Mil 31.8 K |
First Trust Valuation on October 18, 2024
It is possible to determine the worth of First Trust on a given historical date. On October 18, 2024 First was worth 17.77 at the beginning of the trading date compared to the closed value of 17.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Trust etf. Still, in general, we apply an absolute valuation method to find First Trust's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of First Trust where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Trust's related companies.
Open | High | Low | Close | Volume | |
17.71 | 17.71 | 17.70 | 17.70 | 10,400 | |
10/18/2024 | 17.77 | 17.77 | 17.77 | 17.77 | 1.00 |
17.66 | 17.66 | 17.66 | 17.66 | 1,200 |
Backtest First Trust | | | First Trust History | | | First Trust Valuation | Previous | Next |
First Trust Trading Date Momentum on October 18, 2024
On October 21 2024 First Trust Global was traded for 17.66 at the closing time. The maximum traded price for the trading interval was 17.66 and the lowest daily price was 17.66 . The daily volume was recorded at 1.2 K. The volume of trading on 21st of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.62% . The overall trading delta to the closing price today is 1.58% . |
First Trust Global Fundamentals Correlations and Trends
By evaluating First Trust's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among First Trust's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. First financial account trend analysis is a perfect complement when working with valuation or volatility modules.About First Trust Etf history
First Trust investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Trust Global will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing First Trust stock prices may prove useful in developing a viable investing in First Trust
The First Trust ETF seeks to replicate, to the extent possible, the performance of the NASDAQ Global Risk Managed Income Index, net of expenses. FIRST TRUST is traded on Toronto Stock Exchange in Canada.
First Trust Etf Technical Analysis
First Trust technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
First Trust Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
First Trust Global cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
First Trust November 28, 2024 Market Strength
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 Global entry and exit signals to maximize returns
First Trust Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Trust's price direction in advance. Along with the technical and fundamental analysis of First Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of First to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0794 | |||
Jensen Alpha | 0.02 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.25) | |||
Treynor Ratio | 0.3989 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Global. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.