First Trust (Mexico) Price on October 7, 2024
| FDT Etf | MXN 911.67 0.00 0.00% |
If you're considering investing in First Etf, it is important to understand the factors that can impact its price. As of today, the current price of First Trust stands at 911.67, as last reported on the 26th of December, with the highest price reaching 911.67 and the lowest price hitting 911.67 during the day. At this stage we consider First Etf to be very steady. First Trust Developed secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the etf had a 0.13% return per unit of risk over the last 3 months. We have found seventeen technical indicators for First Trust Developed, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Standard Deviation of 0.2271, variance of 0.0516, and Mean Deviation of 0.0678 to check if the risk estimate we provide is consistent with the expected return of 0.0291%.
First Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = 0.128
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FDT |
Estimated Market Risk
| 0.23 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average First Trust is performing at about 10% 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 Valuation on October 7, 2024
It is possible to determine the worth of First Trust on a given historical date. On October 7, 2024 First was worth 895.77 at the beginning of the trading date compared to the closed value of 895.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Trust etf. Still, in general, we apply an absolute valuation method to find First Trust's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of First Trust where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Trust's related companies.
| Open | High | Low | Close | Volume | |
| 895.77 | 895.77 | 895.77 | 895.77 | 1.00 | |
10/07/2024 | 895.77 | 895.77 | 895.77 | 895.77 | 1.00 |
| 895.77 | 895.77 | 895.77 | 895.77 | 1.00 |
| Backtest First Trust | | | First Trust History | | | First Trust Valuation | Previous | Next |
First Trust Trading Date Momentum on October 7, 2024
| On October 08 2024 First Trust Developed was traded for 895.77 at the closing time. The maximum traded price for the trading interval was 895.77 and the lowest daily price was 895.77 . There was no trading activity during the period 1.0. Lack of trading volume on 8th of October 2024 did not affect price variability. The overall trading delta to the closing price today is 0.00% . |
First Trust Developed Fundamentals Correlations and Trends
By evaluating First Trust's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among First Trust's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. First financial account trend analysis is a perfect complement when working with valuation or volatility modules.About First Trust Etf history
First Trust investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Trust Developed will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing First Trust stock prices may prove useful in developing a viable investing in First Trust
The investment seeks results that correspond generally to the price and yield of an equity index called the NASDAQ AlphaDEX Developed Markets Ex-US Index. FIRST TR is traded on Mexico Stock Exchange in Mexico.
First Trust Etf Technical Analysis
First Trust technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
First Trust Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
First Trust Developed cannot be verified against its exchange. Please verify the symbol is currently traded on Mexican Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
First Trust December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how First Trust etf 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 undertsting and applying First Trust etf market strength indicators, traders can identify First Trust Developed entry and exit signals to maximize returns
First Trust Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Trust's price direction in advance. Along with the technical and fundamental analysis of First Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of First to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0978 | |||
| Jensen Alpha | 0.0256 | |||
| Total Risk Alpha | 0.0151 | |||
| Treynor Ratio | (1.35) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Information and Resources on Investing in First Etf
When determining whether First Trust Developed is a strong investment it is important to analyze First Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Trust's future performance. For an informed investment choice regarding First Etf, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Developed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.