First Trust Health Etf Analysis

FXH Etf  USD 114.33  0.20  0.17%   
Below is the normalized historical share price chart for First Trust Health extending back to May 10, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of First Trust stands at 114.33, as last reported on the 2nd of February, with the highest price reaching 114.51 and the lowest price hitting 113.41 during the day.
3 y Volatility
15.57
200 Day MA
107.708
1 y Volatility
15.55
50 Day MA
115.6332
Inception Date
2007-05-08
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
First Trust's financial leverage is the degree to which the firm utilizes its fixed-income securities and uses equity to finance projects. Companies with high leverage are usually considered to be at financial risk. First Trust's financial risk is the risk to First Trust stockholders that is caused by an increase in debt. In other words, with a high degree of financial leverage come high-interest payments, which usually reduce Earnings Per Share (EPS).
Given that First Trust's debt-to-equity ratio measures a ETF's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which First Trust is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of First Trust to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, First Trust is said to be less leveraged. If creditors hold a majority of First Trust's assets, the ETF is said to be highly leveraged.
First Trust Health is fairly valued with Real Value of 114.44 and Hype Value of 114.33. The main objective of First Trust etf analysis is to determine its intrinsic value, which is an estimate of what First Trust Health is worth, separate from its market price. There are two main types of First Etf analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic stability of First Trust Health. On the other hand, technical analysis, focuses on the price and volume data of First Etf to identify patterns and trends that may indicate its future price movements.
The First Trust etf is traded in the USA on NYSE ARCA Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and First Trust's ongoing operational relationships across important fundamental and technical indicators.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Health. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices.

First Etf Analysis Notes

First Trust is is formed as Regulated Investment Company in the United States. ETF is managed and operated by The Bank of New York Mellon Corporation. The fund has 77 constituents with avarage daily trading value of 29.8 K. The fund charges 0.5 percent management fee with a total expences of 0.6 percent of total asset. The fund retains 99.82% of assets under management (AUM) in equities. The fund will normally invest at least 90 percent of its net assets in the common stocks that comprise the index. Healthcare Alphadex is traded on NYSEARCA Exchange in the United States. To learn more about First Trust Health call the company at NA.

First Trust Health Investment Alerts

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The fund retains 99.82% of its assets under management (AUM) in equities

First Trust Thematic Classifications

In addition to having First Trust etf in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Sector ETFs Idea
Sector ETFs
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Health Care ETFs Idea
Health Care ETFs
USA ETFs from Health Care clasification

Management Efficiency

First Trust's management efficiency ratios could be used to measure how well First Trust manages its routine affairs as well as how well it operates its assets and liabilities.
The management strategies employed by First Trust's are designed to enhance shareholder value and ensure long-term growth. We assess the effectiveness of these strategies in our stock analysis.
Returns 3 Y
1.86
Returns 5 Y
1.25
Returns 1 Y
7.17
Total Assets
972.4 M
Yield
0.75

Top First Trust Health Etf Constituents

Institutional Etf Holders for First Trust

Have you ever been surprised when a price of an equity instrument such as First Trust is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Trust Health backward and forwards among themselves. First Trust's institutional investor refers to the entity that pools money to purchase First Trust's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
CSPGXAstor Star FundMutual FundTactical Allocation
STARXAstor Star FundMutual FundTactical Allocation
ASPGXAstor Star FundMutual FundTactical Allocation
QAISXQ3 All Weather SectorMutual FundTactical Allocation
FVCFirst Trust DorseyEtfTactical Allocation
FVFirst Trust DorseyEtfMid-Cap Blend
CPSHXPinnacle Sherman Multi StrategyMutual FundTactical Allocation
IPSHXPinnacle Sherman Multi StrategyMutual FundTactical Allocation
More Details
Note, although First Trust's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

First Trust Outstanding Bonds

First Trust issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. First Trust Health uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most First bonds can be classified according to their maturity, which is the date when First Trust Health has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

First Trust Predictive Daily Indicators

First Trust intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of First Trust etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

First Trust Forecast Models

First Trust's time-series forecasting models are one of many First Trust's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary First Trust's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

First Trust Assets Financed by Debt

Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the First Trust's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of First Trust, which in turn will lower the firm's financial flexibility.

First Trust Corporate Bonds Issued

Most First bonds can be classified according to their maturity, which is the date when First Trust Health has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

About First Etf Analysis

Etf analysis is the technique used by a trader or investor to examine and evaluate how First Trust prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling First shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as First Trust. By using and applying First Etf analysis, traders can create a robust methodology for identifying First entry and exit points for their positions.
The fund will normally invest at least 90 percent of its net assets in the common stocks that comprise the index. Healthcare Alphadex is traded on NYSEARCA Exchange in the United States.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding First Trust to your portfolios without increasing risk or reducing expected return.

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When determining whether First Trust Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Trust Health Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust Health Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Health. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as various price indices.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
The market value of First Trust Health 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. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. 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. Meanwhile, First Trust's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.