First Trust Active Etf Performance
| AFSM Etf | USD 32.86 0.06 0.18% |
The etf shows a Beta (market volatility) of 1.52, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, First Trust will likely underperform.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in First Trust Active are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, First Trust may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Where are the Opportunities in - Stock Traders Daily | 09/24/2024 |
2 | Our Elections - Seeking Alpha | 10/28/2024 |
3 | ISM Services PMI Expanded For Fourth Straight Month In October - Seeking Alpha | 11/05/2024 |
4 | U.S. Election Boosts Investors Mood As Risk Appetite Surges In November - Seeking Alpha | 11/15/2024 |
5 | Abercrombie Fitchs Global Growth Powers Q3 Beat, Outlook Raised For 2024 | 11/26/2024 |
First |
First Trust Relative Risk vs. Return Landscape
If you would invest 2,950 in First Trust Active on September 2, 2024 and sell it today you would earn a total of 336.00 from holding First Trust Active or generate 11.39% return on investment over 90 days. First Trust Active is currently generating 0.1764% in daily expected returns and assumes 1.2597% risk (volatility on return distribution) over the 90 days horizon. In different words, 11% of etfs are less volatile than First, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
First Trust Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Trust's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as First Trust Active, and traders can use it to determine the average amount a First Trust's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.14
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | AFSM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average First Trust is performing at about 11% 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.
First Trust Fundamentals Growth
First Etf prices reflect investors' perceptions of the future prospects and financial health of First Trust, and First Trust fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on First Etf performance.
| Total Asset | 2.08 M | |||
About First Trust Performance
By examining First Trust's fundamental ratios, stakeholders can obtain critical insights into First Trust's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that First Trust is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Under normal market conditions, the fund will invest at least 80 percent of its net assets in U.S. FT Active is traded on NYSEARCA Exchange in the United States.| Latest headline from benzinga.com: Abercrombie Fitchs Global Growth Powers Q3 Beat, Outlook Raised For 2024 | |
| The fund holds 99.58% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Trust Active. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
The market value of First Trust Active 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.