First Trust Tactical Etf Performance
| HYLS Etf | USD 41.56 0.03 0.07% |
The etf shows a Beta (market volatility) of 0.0815, 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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Compared to the overall equity markets, risk-adjusted returns on investments in First Trust Tactical are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable essential indicators, First Trust is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Waterloo Capital L.P. Sells 3,770 Shares of First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF - Defense World | 09/19/2024 |
2 | Short Interest in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF Increases By 171.1 percent - Defense World | 09/26/2024 |
3 | Iams Wealth Management LLC Grows Holdings in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF | 10/15/2024 |
4 | Core Wealth Partners LLC Takes Position in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF | 11/11/2024 |
5 | Activest Wealth Management Purchases New Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF | 11/22/2024 |
| In Threey Sharp Ratio | -0.20 |
First |
First Trust Relative Risk vs. Return Landscape
If you would invest 4,110 in First Trust Tactical on August 27, 2024 and sell it today you would earn a total of 46.00 from holding First Trust Tactical or generate 1.12% return on investment over 90 days. First Trust Tactical is currently generating 0.0176% in daily expected returns and assumes 0.179% 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 Tactical, 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 = 0.098
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| Negative Returns | HYLS |
Estimated Market Risk
| 0.18 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average First Trust is performing at about 7% 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 | 1.6 B | |||
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.
Under normal market conditions, the fund invests at least 80 percent of its net assets in high yield debt securities that are rated below investment grade at the time of purchase or unrated securities deemed by the funds advisor to be of comparable quality. Tactical High is traded on NASDAQ Exchange in the United States.| Latest headline from thelincolnianonline.com: Activest Wealth Management Purchases New Stake in First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF | |
| The fund retains about 9.06% of its assets under management (AUM) in fixed income securities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Trust Tactical. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of First Trust Tactical 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.