First Trust High Stock Price on July 24, 2023

FTHY Stock  USD 14.92  0.08  0.54%   
Below is the normalized historical share price chart for First Trust High extending back to June 26, 2020. 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 14.92, as last reported on the 30th of November, with the highest price reaching 14.93 and the lowest price hitting 14.87 during the day.
IPO Date
26th of June 2020
200 Day MA
14.5041
50 Day MA
14.7981
 
Covid
If you're considering investing in First Stock, it is important to understand the factors that can impact its price. At this stage we consider First Stock to be very steady. First Trust High secures Sharpe Ratio (or Efficiency) of 0.0838, which denotes the company had a 0.0838% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First Trust High, which you can use to evaluate the volatility of the firm. Please confirm First Trust's Coefficient Of Variation of 1053.69, downside deviation of 0.495, and Mean Deviation of 0.3921 to check if the risk estimate we provide is consistent with the expected return of 0.0422%.
  
Total Stockholder Equity is likely to drop to about 509.7 M in 2024. Common Stock Shares Outstanding is likely to drop to about 29.4 M in 2024. At this time, First Trust's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to rise to 9.94 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.02). First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0838

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Estimated Market Risk

 0.5
  actual daily
4
96% of assets are more volatile

Expected Return

 0.04
  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.
Price Book
0.9744
Price Sales
9.977
Shares Outstanding
36.8 M
Market Capitalization
548.7 M
Shares Short Prior Month
16.6 K

Related Headline

MFS Investment Headline on 24th of July 2023

Filed transaction by Mfs Investment Grade Muni executive. Unconventional Insider trading

First Trust Valuation on July 24, 2023

It is possible to determine the worth of First Trust on a given historical date. On July 24, 2023 First was worth 11.75 at the beginning of the trading date compared to the closed value of 11.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Trust stock. 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
  11.83    11.88    11.72    11.74    422,400  
07/24/2023
  11.75    11.86    11.75    11.85    80,500  
  11.92    11.92    11.83    11.90    104,100  
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Open Value
11.75
11.85
Closing Value
13.26
Upside

First Trust Trading Date Momentum on July 24, 2023

On July 25 2023 First Trust High was traded for  11.90  at the closing time. The top price for the day was 11.92  and the lowest listed price was  11.83 . The trading volume for the day was 104.1 K. The trading history from July 25, 2023 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.42% . The overall trading delta against the current closing price is 0.59% .

First Trust High 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 Stock 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 High 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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding33.1 M29.4 M

First Trust Stock Technical Analysis

First Trust technical stock 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, stock market cycles, or different charting patterns.
A focus of First Trust technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of First Trust trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

First Trust Period Price Range

Low
November 30, 2024
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First Trust High cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 30, 2024 Market Strength

Market strength indicators help investors to evaluate how First Trust stock 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 stock market strength indicators, traders can identify First Trust High 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 Stock 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.

Additional Tools for First Stock Analysis

When running First Trust's price analysis, check to measure First Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Trust is operating at the current time. Most of First Trust's value examination focuses on studying past and present price action to predict the probability of First Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Trust's price. Additionally, you may evaluate how the addition of First Trust to your portfolios can decrease your overall portfolio volatility.