First Trust Bloomberg Etf Price on December 3, 2024
RND Etf | 25.70 0.50 1.98% |
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 25.70, as last reported on the 11th of December 2024, with the highest price reaching 25.70 and the lowest price hitting 25.70 during the day. First Trust appears to be very steady, given 3 months investment horizon. First Trust Bloomberg secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the etf had a 0.22% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for First Trust Bloomberg, which you can use to evaluate the volatility of the entity. Please utilize First Trust's Coefficient Of Variation of 415.2, downside deviation of 0.9688, and Mean Deviation of 0.6767 to check if our risk estimates are consistent with your expectations.
First Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = 0.2173
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Estimated Market Risk
0.95 actual daily | 8 92% of assets are more volatile |
Expected Return
0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average First Trust is performing at about 17% 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 665.8 K |
First Trust Valuation on December 3, 2024
It is possible to determine the worth of First Trust on a given historical date. On December 3, 2024 First was worth 24.81 at the beginning of the trading date compared to the closed value of 24.84. 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 | |
24.77 | 24.77 | 24.76 | 24.77 | 332.00 | |
12/03/2024 | 24.81 | 24.84 | 24.76 | 24.84 | 1,397 |
25.21 | 25.21 | 25.21 | 25.21 | 100.00 |
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First Trust Trading Date Momentum on December 3, 2024
On December 04 2024 First Trust Bloomberg was traded for 25.21 at the closing time. Highest First Trust's price during the trading hours was 25.21 and the lowest price during the day was 25.21 . The net volume was 100.0. The overall trading history on the 4th of December contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 1.49% . The overall trading delta to current price is 3.46% . |
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 Bloomberg 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 | December 11, 2024
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0.00 | 0.00 |
First Trust Bloomberg cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 11, 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 Bloomberg 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 | 0.1763 | |||
Jensen Alpha | 0.1243 | |||
Total Risk Alpha | 0.0672 | |||
Sortino Ratio | 0.1044 | |||
Treynor Ratio | 0.2704 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in First Trust Bloomberg. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of First Trust Bloomberg is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.