First Trust Multi Asset Etf Performance
| MDIV Etf | USD 16.33 0.06 0.37% |
The etf shows a Beta (market volatility) of 0.0809, 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
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in First Trust Multi Asset are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable forward indicators, First Trust is not utilizing all of its potentials. The current stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
1 | Morgan Stanley Downgrades Bank of America Corporation - Preferred Stock - MSN | 12/10/2024 |
| In Threey Sharp Ratio | 0.16 |
First |
First Trust Relative Risk vs. Return Landscape
If you would invest 1,605 in First Trust Multi Asset on November 2, 2024 and sell it today you would earn a total of 28.00 from holding First Trust Multi Asset or generate 1.74% return on investment over 90 days. First Trust Multi Asset is currently generating 0.0305% in daily expected returns and assumes 0.4855% risk (volatility on return distribution) over the 90 days horizon. In different words, 4% 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 Multi Asset, 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 = 0.0628
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MDIV |
Estimated Market Risk
| 0.49 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average First Trust is performing at about 4% 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 | 16.81 X | |||
| Price To Book | 1.62 X | |||
| Price To Sales | 2.12 X | |||
| Total Asset | 446.82 M | |||
About First Trust Performance
Evaluating First Trust's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if First Trust has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if First Trust has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund will normally invest at least 90 percent of its net assets in the common stocks andor depositary receipts, REITs, preferred securities, MLPs and ETF that comprise the index. Multi Asset is traded on NASDAQ Exchange in the United States.