First Trust Alphadex Etf Price on February 7, 2023
FHQ Etf | CAD 103.62 1.39 1.32% |
Below is the normalized historical share price chart for First Trust AlphaDEX extending back to November 13, 2014. 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 103.62, as last reported on the 30th of December, with the highest price reaching 103.97 and the lowest price hitting 103.15 during the day.
If you're considering investing in First Etf, it is important to understand the factors that can impact its price. First Trust appears to be very steady, given 3 months investment horizon. First Trust AlphaDEX secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the etf had a 0.24% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First Trust AlphaDEX, which you can use to evaluate the volatility of the entity. Please utilize First Trust's Coefficient Of Variation of 465.15, downside deviation of 1.2, and Mean Deviation of 0.8832 to check if our risk estimates are consistent with your expectations.
First Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 20.88 | 200 Day MA 90.1052 | 1 y Volatility 13.84 | 50 Day MA 99.8162 | Inception Date 2014-10-29 |
First |
Sharpe Ratio = 0.2404
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | FHQ | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average First Trust is performing at about 18% 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.
Average Mkt Cap Mil 41.2 K |
First Trust Valuation on February 7, 2023
It is possible to determine the worth of First Trust on a given historical date. On February 7, 2023 First was worth 67.21 at the beginning of the trading date compared to the closed value of 67.21. 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 | |
67.50 | 67.50 | 67.50 | 67.50 | 1.00 | |
02/07/2023 | 67.21 | 67.21 | 67.21 | 67.21 | 100.00 |
67.31 | 67.31 | 67.31 | 67.31 | 200.00 |
Backtest First Trust | | | First Trust History | | | First Trust Valuation | Previous | Next |
First Trust Trading Date Momentum on February 7, 2023
On February 08 2023 First Trust AlphaDEX was traded for 67.31 at the closing time. The maximum traded price for the trading interval was 67.31 and the lowest daily price was 67.31 . The daily volume was recorded at 200. The volume of trading on 8th of February 2023 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.15% . The overall trading delta to the closing price today is 0.89% . |
First Trust AlphaDEX 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 AlphaDEX 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
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 30, 2024
| High |
0.00 | 0.00 |
First Trust AlphaDEX cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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 30, 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 AlphaDEX 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 | 0.1746 | |||
Jensen Alpha | 0.2367 | |||
Total Risk Alpha | 0.2088 | |||
Sortino Ratio | 0.1825 | |||
Treynor Ratio | 1.16 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Other Information on Investing in First Etf
First Trust financial ratios help investors to determine whether First 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 First with respect to the benefits of owning First Trust security.