First Trust Exchange Traded Etf Performance
| SCIO Etf | USD 20.36 0.03 0.15% |
The etf shows a Beta (market volatility) of -0.0372, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning First Trust are expected to decrease at a much lower rate. During the bear market, First Trust is likely to outperform the market.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in First Trust Exchange Traded are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy forward indicators, First Trust is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.0045 |
1 | SCIO Holds Press Conference on Providing Financial Support for High-quality Economic Development - pbc.gov.cn | 09/26/2024 |
| First Trust dividend paid on 30th of September 2024 | 09/30/2024 |
| First Trust dividend paid on 31st of October 2024 | 10/31/2024 |
2 | First Trust Structured Credit Income Opportunities ETF declares 0.1375 dividend | 11/21/2024 |
| Total Cashflows From Investing Activities | -292.2 K |
First |
First Trust Relative Risk vs. Return Landscape
If you would invest 2,019 in First Trust Exchange Traded on August 30, 2024 and sell it today you would earn a total of 17.00 from holding First Trust Exchange Traded or generate 0.84% return on investment over 90 days. First Trust Exchange Traded is currently generating 0.0132% in daily expected returns and assumes 0.1579% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of etfs are less volatile than First, and 99% 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 Exchange Traded, 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 = 0.0837
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| Negative Returns | SCIO |
Estimated Market Risk
| 0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 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.
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.
| Price To Earning | (0.64) X | ||||
| Revenue | 616.76 K | ||||
| EBITDA | (2.15 M) | ||||
| Cash And Equivalents | 183.52 K | ||||
| Total Debt | 99 K | ||||
| Debt To Equity | 57.80 % | ||||
| Cash Flow From Operations | (1.93 M) | ||||
| Total Asset | 10.24 M | ||||
| Current Asset | 484 K | ||||
| Current Liabilities | 1.71 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.
Scio Diamond Technology Corporation focuses on the development and commercialization of man-made diamond technology in the United States. It provides lab-grown and single-crystal diamonds for industrial and gemstone applications. SCIO DIAMOND operates under Industrial Metals Minerals classification in USA and is traded on BATS Exchange. It employs 9 people.| First Trust Exchange Traded currently holds 99 K in liabilities with Debt to Equity (D/E) ratio of 57.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. First Trust Exchange has a current ratio of 0.11, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist First Trust until it has trouble settling it off, either with new capital or with free cash flow. So, First Trust's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First Trust Exchange sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Trust's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 616.76 K. Net Loss for the year was (3.62 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| First Trust Exchange Traded currently holds about 183.52 K in cash with (1.93 M) of positive cash flow from operations. | |
| On 31st of October 2024 First Trust paid $ 0.1375 per share dividend to its current shareholders | |
| Latest headline from seekingalpha.com: First Trust Structured Credit Income Opportunities ETF declares 0.1375 dividend | |
| The fund maintains all of the assets in different exotic instruments |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in First Trust Exchange Traded. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of First Trust Exchange 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.