First Trust Energy Fund Technical Analysis
FIFDelisted Fund | USD 15.64 0.11 0.71% |
As of the 28th of November, First Trust shows the Downside Deviation of 1.3, coefficient of variation of 1310.74, and Mean Deviation of 0.9838. First Trust Energy technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Please confirm First Trust Energy treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if First Trust Energy is priced favorably, providing market reflects its regular price of 15.64 per share.
First Trust Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as First, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FirstFirst |
First Trust technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted fund market cycles, or different charting patterns.
First Trust Energy Technical Analysis
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First Trust Energy Trend Analysis
Use this graph to draw trend lines for First Trust Energy. You can use it to identify possible trend reversals for First Trust as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual First Trust price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.First Trust Best Fit Change Line
The following chart estimates an ordinary least squares regression model for First Trust Energy applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that First Trust Energy will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 10.23, which is the sum of squared deviations for the predicted First Trust price change compared to its average price change.About First Trust Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of First Trust Energy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of First Trust Energy based on its technical analysis. In general, a bottom-up approach, as applied to this fund, focuses on First Trust Energy price pattern first instead of the macroeconomic environment surrounding First Trust Energy. By analyzing First Trust's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of First Trust's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to First Trust specific price patterns or momentum indicators. Please read more on our technical analysis page.
First Trust November 28, 2024 Technical Indicators
Most technical analysis of First help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for First from various momentum indicators to cycle indicators. When you analyze First charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0625 | |||
Market Risk Adjusted Performance | 0.7147 | |||
Mean Deviation | 0.9838 | |||
Semi Deviation | 1.17 | |||
Downside Deviation | 1.3 | |||
Coefficient Of Variation | 1310.74 | |||
Standard Deviation | 1.28 | |||
Variance | 1.65 | |||
Information Ratio | (0.02) | |||
Jensen Alpha | 0.0735 | |||
Total Risk Alpha | (0.11) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.7047 | |||
Maximum Drawdown | 5.78 | |||
Value At Risk | (1.73) | |||
Potential Upside | 2.11 | |||
Downside Variance | 1.69 | |||
Semi Variance | 1.38 | |||
Expected Short fall | (1.00) | |||
Skewness | 0.0214 | |||
Kurtosis | 0.4843 |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in First Fund
If you are still planning to invest in First Trust Energy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the First Trust's history and understand the potential risks before investing.
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