First Trust Germany Etf Price on May 13, 2024
FGM Etf | USD 38.62 0.67 1.77% |
Below is the normalized historical share price chart for First Trust Germany extending back to February 17, 2012. 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 38.62, as last reported on the 29th of November, with the highest price reaching 38.62 and the lowest price hitting 38.26 during the day.
If you're considering investing in First Etf, it is important to understand the factors that can impact its price. First Trust Germany secures Sharpe Ratio (or Efficiency) of -0.0191, which denotes the etf had a -0.0191% return per unit of risk over the last 3 months. First Trust Germany exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Trust's Standard Deviation of 1.07, mean deviation of 0.8577, and Variance of 1.14 to check the risk estimate we provide.
First Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 23.97 | 200 Day MA 38.6624 | 1 y Volatility 17.17 | 50 Day MA 38.7444 | Inception Date 2012-02-14 |
First |
Sharpe Ratio = -0.0191
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Negative Returns | FGM |
Estimated Market Risk
1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average First Trust is not performing at its full potential. However, 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 First Trust to a well-diversified portfolio.
Average Mkt Cap Mil 21.9 K |
First Trust Main Headline on 13th of May 2024
Keeping Girls Safe From FGM In The Gambia by forbes.com
An upcoming vote will put The Gambias ban on female genital mutilation to the test.
First Trust Valuation on May 13, 2024
It is possible to determine the worth of First Trust on a given historical date. On May 13, 2024 First was worth 39.49 at the beginning of the trading date compared to the closed value of 39.59. 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 | |
39.31 | 39.37 | 39.31 | 39.37 | 103.00 | |
05/13/2024 | 39.49 | 39.59 | 39.44 | 39.59 | 426.00 |
39.79 | 39.90 | 39.79 | 39.90 | 161.00 |
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First Trust Trading Date Momentum on May 13, 2024
On May 14 2024 First Trust Germany was traded for 39.90 at the closing time. Highest First Trust's price during the trading hours was 39.90 and the lowest price during the day was 39.79 . The net volume was 161. The overall trading history on the 14th of May 2024 contributed to the next trading period price boost. The overall trading delta to the next next day price was 0.78% . The overall trading delta to current price is 1.44% . |
First Trust Germany 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 Germany 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 fund will normally invest at least 90 percent of its net assets in the common stocks, depositary receipts, real estate investment trusts and preferred shares that comprise the index. Germany Alphadex is traded on NASDAQ Exchange in the United States.
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 29, 2024
| High |
0.00 | 0.00 |
First Trust Germany cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 29, 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 Germany 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 | (0.01) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (0.11) |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Germany. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
The market value of First Trust Germany 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.