First Trust Merger Fund Price on December 5, 2024
VARCX Fund | 10.45 0.62 5.60% |
If you're considering investing in First Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of First Trust stands at 10.45, as last reported on the 11th of December 2024, with the highest price reaching 10.45 and the lowest price hitting 10.45 during the day. First Trust Merger secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the fund had a -0.11% return per unit of risk over the last 3 months. First Trust Merger exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Trust's Mean Deviation of 0.1708, standard deviation of 0.6928, and Variance of 0.4799 to check the risk estimate we provide.
First Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = -0.1112
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | VARCX |
Estimated Market Risk
0.71 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 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 December 5, 2024
It is possible to determine the worth of First Trust on a given historical date. On December 5, 2024 First was worth 10.45 at the beginning of the trading date compared to the closed value of 10.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Trust mutual fund. 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 | |
11.07 | 11.07 | 11.07 | 11.07 | 1.00 | |
12/05/2024 | 10.45 | 10.45 | 10.45 | 10.45 | 1.00 |
10.45 | 10.45 | 10.45 | 10.45 | 1.00 |
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First Trust Trading Date Momentum on December 5, 2024
On December 06 2024 First Trust Merger was traded for 10.45 at the closing time. The highest daily price throughout the period was 10.45 and the lowest price was 10.45 . There was no trading activity during the period 1.0. Lack of trading volume on 12/06/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
About First Trust Mutual Fund 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 Merger 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
Under normal market conditions, the funds adviser intends to invest in equity securities and derivatives thereof of companies that are involved in a significant corporate event, such as a merger or acquisition. Investments in companies undergoing a merger or acquisition have both risk and return characteristics that are different from the risks of investing in the general stock market. It may invest in equity securities of any market capitalization.
First Trust Mutual Fund Technical Analysis
First Trust technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
First Trust Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
First Trust Merger cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 mutual fund 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 mutual fund market strength indicators, traders can identify First Trust Merger 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 Mutual Fund 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 | (0.08) | |||
Jensen Alpha | (0.09) | |||
Total Risk Alpha | (0.19) | |||
Treynor Ratio | (1.11) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in First Mutual Fund
First Trust financial ratios help investors to determine whether First Mutual Fund 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 Trust security.
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