First Trust Nasdaq Etf Price on September 11, 2024
QCLN Etf | CAD 16.05 0.03 0.19% |
Below is the normalized historical share price chart for First Trust Nasdaq 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 16.05, as last reported on the 30th of November, with the highest price reaching 16.10 and the lowest price hitting 16.05 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 not too volatile. First Trust Nasdaq secures Sharpe Ratio (or Efficiency) of 0.0401, which denotes the etf had a 0.0401% return per unit of risk over the last 3 months. We have found thirty technical indicators for First Trust Nasdaq, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Coefficient Of Variation of 3531.08, mean deviation of 1.3, and Downside Deviation of 1.86 to check if the risk estimate we provide is consistent with the expected return of 0.0707%.
First Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 15.5313 | 50 Day MA 15.491 | Beta 1.6 |
First |
Sharpe Ratio = 0.0401
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Estimated Market Risk
1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average First Trust is performing at about 3% 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 |
First Trust Valuation on September 11, 2024
It is possible to determine the worth of First Trust on a given historical date. On September 11, 2024 First was worth 14.54 at the beginning of the trading date compared to the closed value of 14.54. 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 | |
14.33 | 14.33 | 14.33 | 14.33 | 1.00 | |
09/11/2024 | 14.54 | 14.54 | 14.54 | 14.54 | 1.00 |
15.21 | 15.21 | 15.21 | 15.21 | 1.00 |
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First Trust Trading Date Momentum on September 11, 2024
On September 12 2024 First Trust Nasdaq was traded for 15.21 at the closing time. The highest price during the trading period was 15.21 and the lowest recorded bid was listed for 15.21 . There was no trading activity during the period 1.0. Lack of trading volume on September 12, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 4.61% . The overall trading delta to the current price is 6.40% . |
First Trust Nasdaq 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 Nasdaq 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 30, 2024
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0.00 | 0.00 |
First Trust Nasdaq 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 Nasdaq 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 | 0.0273 | |||
Jensen Alpha | 0.017 | |||
Total Risk Alpha | (0.25) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | 0.225 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in First Trust Nasdaq. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.