FT AlphaDEX Financials
| FHG Etf | CAD 61.31 0.33 0.54% |
3 y Sharp Ratio 0.69 |
FHG |
The data published in FT AlphaDEX's official financial statements typically reflect FT AlphaDEX's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving FT AlphaDEX's quantitative information. For example, before you start analyzing numbers published by FHG accountants, it's essential to understand FT AlphaDEX's liquidity, profitability, and earnings quality within the context of the FT Portfolios Canada Co space in which it operates.
FT AlphaDEX Etf Summary
FT AlphaDEX competes with European Residential, Financial, Rubicon Organics, Linamar, and Amazon CDR. The First Trust ETF seeks to replicate, to the extent possible, the performance of the StrataQuant Industrials Index , net of expenses. FIRST TRUST is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA33732Q1081 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | FT Portfolios Canada Co |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | CAD - Canadian Dollar |
You should never invest in FT AlphaDEX without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of FHG Etf, because this is throwing your money away. Analyzing the key information contained in FT AlphaDEX's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
FT AlphaDEX Key Financial Ratios
FT AlphaDEX's financial ratios allow both analysts and investors to convert raw data from FT AlphaDEX's financial statements into concise, actionable information that can be used to evaluate the performance of FT AlphaDEX over time and compare it to other companies across industries.FHG Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining FT AlphaDEX's current stock value. Our valuation model uses many indicators to compare FT AlphaDEX value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across FT AlphaDEX competition to find correlations between indicators driving FT AlphaDEX's intrinsic value. More Info.FT AlphaDEX Industrials is one of the top ETFs in price to earning as compared to similar ETFs. It also is one of the top ETFs in beta as compared to similar ETFs totaling about 0.07 of Beta per Price To Earning. The ratio of Price To Earning to Beta for FT AlphaDEX Industrials is roughly 14.02 . Comparative valuation analysis is a catch-all model that can be used if you cannot value FT AlphaDEX by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for FT AlphaDEX's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.FT AlphaDEX Industrials Systematic Risk
FT AlphaDEX's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. FT AlphaDEX volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-eight with a total number of output elements of thirty-three. The Beta measures systematic risk based on how returns on FT AlphaDEX Industrials correlated with the market. If Beta is less than 0 FT AlphaDEX generally moves in the opposite direction as compared to the market. If FT AlphaDEX Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one FT AlphaDEX Industrials is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of FT AlphaDEX is generally in the same direction as the market. If Beta > 1 FT AlphaDEX moves generally in the same direction as, but more than the movement of the benchmark.
FT AlphaDEX December 3, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of FT AlphaDEX help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of FT AlphaDEX Industrials. We use our internally-developed statistical techniques to arrive at the intrinsic value of FT AlphaDEX Industrials based on widely used predictive technical indicators. In general, we focus on analyzing FHG Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build FT AlphaDEX's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8893 | |||
| Information Ratio | 0.1265 | |||
| Maximum Drawdown | 5.87 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 2.31 |
Other Information on Investing in FHG Etf
FT AlphaDEX financial ratios help investors to determine whether FHG Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in FHG with respect to the benefits of owning FT AlphaDEX security.