First Trust Institutional Etf Price on November 12, 2024
FPEI Etf | USD 18.72 0.01 0.05% |
Below is the normalized historical share price chart for First Trust Institutional extending back to August 23, 2017. 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 18.72, as last reported on the 24th of November, with the highest price reaching 18.74 and the lowest price hitting 18.70 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 is very steady at the moment. First Trust Institutional secures Sharpe Ratio (or Efficiency) of 0.0835, which denotes the etf had a 0.0835% return per unit of risk over the last 3 months. We have found thirty technical indicators for First Trust Institutional, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Mean Deviation of 0.1336, coefficient of variation of 896.19, and Downside Deviation of 0.2154 to check if the risk estimate we provide is consistent with the expected return of 0.015%.
First Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 9.22 | 200 Day MA 18.4772 | 1 y Volatility 5.72 | 50 Day MA 18.9197 | Inception Date 2017-08-22 |
First |
Sharpe Ratio = 0.0835
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Estimated Market Risk
0.18 actual daily | 1 99% of assets are more volatile |
Expected Return
0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average First Trust is performing at about 6% 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 No Data |
Related Headline
First Trust Headline on 12th of November 2024
First Trust Managed Municipal ETF Stock Position Decreased b... by thelincolnianonline.com
First Heartland Consultants Inc. cut its stake in shares of First Trust Managed Municipal ETF by 1.5 percent in the 3rd quarter, according to the company in its most recent 13F filing with the Securities Exchange Commission. The institutional investor owned 99,197 shares of the companys stock after selling 1,556 shares
First Trust Valuation on November 12, 2024
It is possible to determine the worth of First Trust on a given historical date. On November 12, 2024 First was worth 18.85 at the beginning of the trading date compared to the closed value of 18.84. 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 | |
18.87 | 18.88 | 18.85 | 18.87 | 202,258 | |
11/12/2024 | 18.85 | 18.86 | 18.82 | 18.84 | 407,600 |
18.85 | 18.88 | 18.84 | 18.86 | 184,949 |
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First Trust Trading Date Momentum on November 12, 2024
On November 13 2024 First Trust Institutional was traded for 18.86 at the closing time. The top price for the day was 18.88 and the lowest listed price was 18.84 . The trading volume for the day was 184.9 K. The trading history from November 13, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.11% . The overall trading delta against the current closing price is 0.69% . |
First Trust Institutional 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 Institutional 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 invests at least 80 percent of its net assets in institutional preferred securities and income-producing debt securities . FT Institutional is traded on NYSEARCA 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 24, 2024
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0.00 | 0.00 |
First Trust Institutional cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 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 Institutional 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 | 0.0539 | |||
Jensen Alpha | 0.001 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | (0.51) | |||
Treynor Ratio | 0.1336 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Institutional. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
The market value of First Trust Institutional 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.