First Trust High Stock Alpha and Beta Analysis
| FTHY Stock | USD 14.73 0.09 0.61% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as First Trust High. It also helps investors analyze the systematic and unsystematic risks associated with investing in First Trust over a specified time horizon. Remember, high First Trust's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to First Trust's market risk premium analysis include:
Beta 0.24 | Alpha 0.002525 | Risk 0.5 | Sharpe Ratio 0.0583 | Expected Return 0.029 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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First Trust Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. First Trust market risk premium is the additional return an investor will receive from holding First Trust long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Trust. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate First Trust's performance over market.| α | 0 | β | 0.24 |
First Trust expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of First Trust's Buy-and-hold return. Our buy-and-hold chart shows how First Trust performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.First Trust Market Price Analysis
Market price analysis indicators help investors to evaluate how First Trust stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Trust shares will generate the highest return on investment. By understating and applying First Trust stock market price indicators, traders can identify First Trust position entry and exit signals to maximize returns.
First Trust Return and Market Media
The median price of First Trust for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 14.64 with a coefficient of variation of 0.94. The daily time series for the period is distributed with a sample standard deviation of 0.14, arithmetic mean of 14.65, and mean deviation of 0.12. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of tradable shares by Swade Donald of First Trust subject to Rule 16b-3 | 09/04/2024 |
2 | Acquisition by Bowen James A of 17000 shares of First Trust at 14.7547 subject to Rule 16b-3 | 09/10/2024 |
3 | First Trust High Yield Opportunities 2027 Term Fund Declares its Monthly Common Share Distribution of 0.13 Per Share for October | 09/19/2024 |
4 | Disposition of tradable shares by Bowen James A of First Trust subject to Rule 16b-3 | 09/20/2024 |
| First Trust dividend paid on 25th of September 2024 | 09/25/2024 |
5 | Short Interest in First Trust Large Cap Value AlphaDEX Fund Decreases By 43.0 percent - MarketBeat | 09/26/2024 |
6 | Acquisition by Bowen James A of 4370 shares of First Trust at 15.2 subject to Rule 16b-3 | 09/30/2024 |
7 | Acquisition by Bowen James A of 12130 shares of First Trust at 15.0889 subject to Rule 16b-3 | 10/01/2024 |
8 | Director James Bowen Acquires 12,130 Shares of FIRST TRUST HIGH YIELD OPPORTUNITIES 2027 TERM ... | 10/02/2024 |
9 | First Trust High Yield Opportunities 2027 Term Fund Decreases its Monthly Common Share Distribution to 0.125 Per Share for November | 10/21/2024 |
| First Trust dividend paid on 25th of October 2024 | 10/25/2024 |
10 | First Trust High Yield Opportunities 2027 Term Fund Declares its Monthly Common Share Distribution of 0.125 Per Share for December | 11/20/2024 |
| First Trust dividend paid on 25th of November 2024 | 11/25/2024 |
About First Trust Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including First or other stocks. Alpha measures the amount that position in First Trust High has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | PTB Ratio | 0.92 | 0.87 | 0.91 | 1.0 | Dividend Yield | 0.1 | 0.12 | 0.11 | 0.0771 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Trust in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Trust's short interest history, or implied volatility extrapolated from First Trust options trading.
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Additional Tools for First Stock Analysis
When running First Trust's price analysis, check to measure First Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Trust is operating at the current time. Most of First Trust's value examination focuses on studying past and present price action to predict the probability of First Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Trust's price. Additionally, you may evaluate how the addition of First Trust to your portfolios can decrease your overall portfolio volatility.