First Trust Japan Etf Price on December 19, 2024
FJP Etf | USD 50.37 0.19 0.38% |
Below is the normalized historical share price chart for First Trust Japan extending back to April 26, 2011. 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 50.37, as last reported on the 21st of December, with the highest price reaching 51.03 and the lowest price hitting 50.19 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 Japan secures Sharpe Ratio (or Efficiency) of -0.0563, which denotes the etf had a -0.0563% return per unit of risk over the last 3 months. First Trust Japan exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Trust's Mean Deviation of 1.08, standard deviation of 1.32, and Variance of 1.74 to check the risk estimate we provide.
First Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 16.21 | 200 Day MA 52.6133 | 1 y Volatility 10.7 | 50 Day MA 52.2512 | Inception Date 2011-04-18 |
First |
Sharpe Ratio = -0.0563
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Estimated Market Risk
1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average First Trust is not performing at its full potential. However, 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 First Trust to a well-diversified portfolio.
Average Mkt Cap Mil 12.2 K |
Related Headline
First Trust Headline on 19th of December 2024
FLACK GLOBAL METALS EXECUTES FIRST BUSHELING FUTURES CONTRAC... by finance.yahoo.com
Flack Global Metals , a vertically integrated industrial business platform transforming the steel supply chain, announced today its role as a counterparty to the first Busheling Ferrous Scrap Futures contract tied to the Chicago No. 1 Busheling Ferrous Scrap index. The contract was listed and cleared Monday on the Chicago Mercantile Exchange , the worlds largest derivatives marketplace.
First Trust Valuation on December 19, 2024
It is possible to determine the worth of First Trust on a given historical date. On December 19, 2024 First was worth 50.71 at the beginning of the trading date compared to the closed value of 50.37. 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 | |
51.55 | 51.82 | 50.37 | 50.56 | 14,207 | |
12/19/2024 | 50.71 | 51.03 | 50.19 | 50.37 | 38,820 |
50.71 | 51.03 | 50.19 | 50.37 | 0.00 |
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First Trust Trading Date Momentum on December 19, 2024
On December 21 2024 First Trust Japan was traded for 50.37 at the closing time. Highest First Trust's price during the trading hours was 51.03 and the lowest price during the day was 50.19 . There was no trading activity during the period 0.0. Lack of trading volume on the 21st of December did not affect price variability. The overall trading delta to current price is 0.68% . |
First Trust Japan 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 Japan 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 fund will normally invest at least 90 percent of its net assets in the common stocks, depositary receipts, real estate investment trusts and preferred shares that comprise the index. Japan Alphadex is traded on NASDAQ Exchange in the United States.
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 21, 2024
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0.00 | 0.00 |
First Trust Japan cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 21, 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 Japan 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 | (0.01) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.07) | |||
Treynor Ratio | (0.15) |
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Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Japan. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of First Trust Japan is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.