First Asset Morningstar Etf Price on September 15, 2023
| FXM Etf | CAD 25.62 0.16 0.62% |
Below is the normalized historical share price chart for First Asset Morningstar extending back to February 15, 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 Asset stands at 25.62, as last reported on the 27th of November, with the highest price reaching 25.73 and the lowest price hitting 25.62 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 Asset Morningstar secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the etf had a 0.2% return per unit of risk over the last 3 months. We have found thirty technical indicators for First Asset Morningstar, which you can use to evaluate the volatility of the entity. Please confirm First Asset's Mean Deviation of 0.6177, downside deviation of 0.7901, and Coefficient Of Variation of 518.38 to check if the risk estimate we provide is consistent with the expected return of 0.16%.
First Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 14.08 | 200 Day MA 22.7445 | 1 y Volatility 8.62 | 50 Day MA 24.879 | Inception Date 2012-02-13 |
First |
Sharpe Ratio = 0.201
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Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average First Asset is performing at about 15% 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 Asset by adding it to a well-diversified portfolio.
Average Mkt Cap Mil 9.3 K |
First Asset Valuation on September 15, 2023
It is possible to determine the worth of First Asset on a given historical date. On September 15, 2023 First was worth 20.16 at the beginning of the trading date compared to the closed value of 20.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Asset etf. Still, in general, we apply an absolute valuation method to find First Asset'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 Asset where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Asset's related companies.
| Open | High | Low | Close | Volume | |
| 20.13 | 20.14 | 20.11 | 20.14 | 500.00 | |
09/15/2023 | 20.16 | 20.16 | 20.12 | 20.12 | 2,100 |
| 20.07 | 20.14 | 20.07 | 20.08 | 700.00 |
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First Asset Trading Date Momentum on September 15, 2023
| On September 18 2023 First Asset Morningstar was traded for 20.08 at the closing time. The maximum traded price for the trading interval was 20.14 and the lowest daily price was 20.07 . The daily volume was recorded at 700. The volume of trading on 18th of September 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.20% . The overall trading delta to the closing price today is 3.13% . |
First Asset Morningstar Fundamentals Correlations and Trends
By evaluating First Asset'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 Asset'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 Asset Etf history
First Asset 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 Asset 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 Asset stock prices may prove useful in developing a viable investing in First Asset
First Asset Etf Technical Analysis
First Asset 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 Asset Period Price Range
Low | November 27, 2024
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0.00 | 0.00 |
First Asset Morningstar cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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 Asset November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how First Asset 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 Asset shares will generate the highest return on investment. By undertsting and applying First Asset etf market strength indicators, traders can identify First Asset Morningstar entry and exit signals to maximize returns
First Asset Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Asset'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 | 0.1481 | |||
| Jensen Alpha | 0.1302 | |||
| Total Risk Alpha | 0.0189 | |||
| Sortino Ratio | 0.0345 | |||
| Treynor Ratio | 1.02 |
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Other Information on Investing in First Etf
First Asset financial ratios help investors to determine whether First Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Asset security.