FIRST TRUST (UK) Price on August 15, 2024

MINR Etf   1,551  11.70  0.76%   
If you're considering investing in FIRST Etf, it is important to understand the factors that can impact its price. As of today, the current price of FIRST TRUST stands at 1,551, as last reported on the 26th of December, with the highest price reaching 1,551 and the lowest price hitting 1,529 during the day. FIRST TRUST GLOBAL secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the etf had a -0.15% return per unit of volatility over the last 3 months. FIRST TRUST GLOBAL 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 1.5, mean deviation of 1.12, and Market Risk Adjusted Performance of (0.43) 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.

Sharpe Ratio = -0.153

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Estimated Market Risk

 1.39
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.21
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  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.

FIRST TRUST Valuation on August 15, 2024

It is possible to determine the worth of FIRST TRUST on a given historical date. On August 15, 2024 FIRST was worth 1568.8 at the beginning of the trading date compared to the closed value of 1568.8. 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
  1,574    1,574    1,543    1,543    1,000.00  
08/15/2024
  1,569    1,569    1,569    1,569    1.00  
  1,573    1,573    1,573    1,573    1.00  
Backtest FIRST TRUST  |  FIRST TRUST History  PreviousNext  
Open Value
1568.8
1568.8
Closing Value
1,573
Upside

FIRST TRUST Trading Date Momentum on August 15, 2024

On August 16 2024 FIRST TRUST GLOBAL was traded for  1,573  at the closing time. The highest price during the trading period was 1,573  and the lowest recorded bid was listed for  1,573 . There was no trading activity during the period 1.0. Lack of trading volume on August 16, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 0.27% . The overall trading delta to the current price is 2.25% .

Price Boundaries

FIRST TRUST Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

FIRST TRUST GLOBAL cannot be verified against its exchange. Please verify the symbol is currently traded on London 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 December 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 GLOBAL 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.