FIRST TRUST (UK) Performance
| CESG Etf | 39.92 0.08 0.20% |
The etf shows a Beta (market volatility) of 0.0498, which means not very significant fluctuations relative to the market. As returns on the market increase, FIRST TRUST's returns are expected to increase less than the market. However, during the bear market, the loss of holding FIRST TRUST is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days FIRST TRUST GLOBAL has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, FIRST TRUST is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| In Threey Sharp Ratio | 0.42 |
FIRST |
FIRST TRUST Relative Risk vs. Return Landscape
If you would invest 4,013 in FIRST TRUST GLOBAL on September 20, 2024 and sell it today you would lose (21.00) from holding FIRST TRUST GLOBAL or give up 0.52% of portfolio value over 90 days. FIRST TRUST GLOBAL is generating negative expected returns and assumes 0.5494% volatility on return distribution over the 90 days horizon. Simply put, 4% of etfs are less volatile than FIRST, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. 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 GLOBAL, 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 = -0.0122
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| Negative Returns | CESG |
Estimated Market Risk
| 0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 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 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.
About FIRST TRUST Performance
Assessing FIRST TRUST's fundamental ratios provides investors with valuable insights into FIRST TRUST's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the FIRST TRUST is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
FIRST TRUST is entity of United Kingdom. It is traded as Etf on LSE exchange.| FIRST TRUST GLOBAL generated a negative expected return over the last 90 days |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in FIRST TRUST GLOBAL. 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.