First Trust Morningstar Etf Price on May 1, 2024
| FDL Etf | USD 43.34 0.51 1.19% |
Below is the normalized historical share price chart for First Trust Morningstar extending back to March 15, 2006. 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 43.34, as last reported on the 24th of November, with the highest price reaching 43.37 and the lowest price hitting 42.94 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 Morningstar secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the etf had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for First Trust Morningstar, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Downside Deviation of 0.5727, coefficient of variation of 582.85, and Mean Deviation of 0.5491 to check if the risk estimate we provide is consistent with the expected return of 0.0913%.
First Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 17.24 | 200 Day MA 39.3931 | 1 y Volatility 11.72 | 50 Day MA 42.0498 | Inception Date 2006-03-09 |
First |
Sharpe Ratio = 0.1395
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Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 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 75.2 K |
First Trust Valuation on May 1, 2024
It is possible to determine the worth of First Trust on a given historical date. On May 1, 2024 First was worth 36.36 at the beginning of the trading date compared to the closed value of 36.48. 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 | |
| 36.70 | 36.70 | 36.31 | 36.34 | 837,985 | |
05/01/2024 | 36.36 | 36.86 | 36.32 | 36.48 | 1,180,346 |
| 36.65 | 36.77 | 36.48 | 36.67 | 755,708 |
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First Trust Trading Date Momentum on May 1, 2024
| On May 02 2024 First Trust Morningstar was traded for 36.67 at the closing time. Highest First Trust's price during the trading hours was 36.77 and the lowest price during the day was 36.48 . The net volume was 755.7 K. The overall trading history on the 2nd of May contributed to the next trading period price upswing. The overall trading delta to the next next day price was 0.52% . The overall trading delta to current price is 3.43% . |
First Trust Morningstar 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 Morningstar 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
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 24, 2024
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0.00 | 0.00 |
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First Trust November 24, 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 Morningstar 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 | 0.13 | |||
| Jensen Alpha | 0.0327 | |||
| Total Risk Alpha | (0.0007) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1766 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Morningstar. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of First Trust Morningstar 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.