First Trust Large Etf Price on September 22, 2023
FTC Etf | USD 146.81 0.44 0.30% |
Below is the normalized historical share price chart for First Trust Large extending back to May 11, 2007. 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 146.81, as last reported on the 26th of November, with the highest price reaching 147.93 and the lowest price hitting 146.39 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 appears to be very steady, given 3 months investment horizon. First Trust Large secures Sharpe Ratio (or Efficiency) of 0.27, which denotes the etf had a 0.27% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First Trust Large, which you can use to evaluate the volatility of the entity. Please utilize First Trust's Mean Deviation of 0.6772, downside deviation of 0.8662, and Coefficient Of Variation of 389.63 to check if our risk estimates are consistent with your expectations.
First Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 19.56 | 200 Day MA 124.8245 | 1 y Volatility 14.25 | 50 Day MA 135.2458 | Inception Date 2007-05-08 |
First |
Sharpe Ratio = 0.2688
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | FTC | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average First Trust is performing at about 21% 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 61 K |
First Trust Valuation on September 22, 2023
It is possible to determine the worth of First Trust on a given historical date. On September 22, 2023 First was worth 96.46 at the beginning of the trading date compared to the closed value of 96.41. 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 | |
97.58 | 97.68 | 96.14 | 96.14 | 12,392 | |
09/22/2023 | 96.46 | 97.04 | 96.34 | 96.41 | 32,187 |
96.18 | 96.81 | 96.18 | 96.74 | 16,371 |
Backtest First Trust | | | First Trust History | | | First Trust Valuation | Previous | Next |
First Trust Trading Date Momentum on September 22, 2023
On September 25 2023 First Trust Large was traded for 96.74 at the closing time. Highest First Trust's price during the trading hours was 96.81 and the lowest price during the day was 96.18 . The net volume was 16.4 K. The overall trading history on the 25th of September contributed to the next trading period price growth. The overall trading delta to the next next day price was 0.34% . The overall trading delta to current price is 0.16% . |
First Trust Large 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 Large 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 26, 2024
| High |
0.00 | 0.00 |
First Trust Large 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 26, 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 Large 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 | 0.1977 | |||
Jensen Alpha | 0.1032 | |||
Total Risk Alpha | 0.0822 | |||
Sortino Ratio | 0.1208 | |||
Treynor Ratio | 0.2205 |
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 Large. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of First Trust Large 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.