First Trust Indxx Etf Price on July 23, 2024

NXTG Etf  CAD 11.64  0.05  0.43%   
Below is the normalized historical share price chart for First Trust Indxx extending back to October 30, 2014. 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 11.64, as last reported on the 30th of November, with the highest price reaching 11.64 and the lowest price hitting 11.64 during the day.
200 Day MA
10.8592
50 Day MA
11.571
Beta
1.03
 
Yuan Drop
 
Covid
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 Trust Indxx secures Sharpe Ratio (or Efficiency) of 0.0854, which denotes the etf had a 0.0854% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for First Trust Indxx, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Coefficient Of Variation of 937.99, downside deviation of 0.7719, and Mean Deviation of 0.5095 to check if the risk estimate we provide is consistent with the expected return of 0.0578%.
  
First Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0854

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Estimated Market Risk

 0.68
  actual daily
6
94% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.09
  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 9th of September 2024

Cboe Canada Welcomes First Trust for Launch of Dividend Focused ETF Business Wire

First Trust Valuation on July 23, 2024

It is possible to determine the worth of First Trust on a given historical date. On July 23, 2024 First was worth 11.22 at the beginning of the trading date compared to the closed value of 11.22. 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
  11.18    11.18    11.18    11.18    100.00  
07/23/2024
  11.22    11.22    11.22    11.22    1.00  
  11.17    11.17    11.17    11.17    1.00  
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Open Value
11.22
11.22
Closing Value
13.25
Upside

First Trust Trading Date Momentum on July 23, 2024

On July 24 2024 First Trust Indxx was traded for  11.17  at the closing time. The highest price during the trading period was 11.17  and the lowest recorded bid was listed for  11.17 . There was no trading activity during the period 1.0. Lack of trading volume on July 24, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.45% . The overall trading delta to the current price is 2.14% .

First Trust Indxx 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 Indxx 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.
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
0.00  NaN%
High

 0.00 

     

 0.00 

First Trust Indxx 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 Trust November 30, 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 Indxx 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.
When determining whether First Trust Indxx is a strong investment it is important to analyze First Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Trust's future performance. For an informed investment choice regarding First Etf, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in First Trust Indxx. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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.