First Trust Senior Etf Price on June 21, 2024
| FSL Etf | CAD 17.04 0.01 0.06% |
Below is the normalized historical share price chart for First Trust Senior extending back to August 28, 2013. 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 17.04, as last reported on the 11th of December 2024, with the highest price reaching 17.15 and the lowest price hitting 17.04 during the day.
If you're considering investing in First Etf, it is important to understand the factors that can impact its price. As of now, First Etf is very steady. First Trust Senior secures Sharpe Ratio (or Efficiency) of 0.0701, which denotes the etf had a 0.0701% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First Trust Senior, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Mean Deviation of 0.3248, downside deviation of 0.6026, and Coefficient Of Variation of 1566.15 to check if the risk estimate we provide is consistent with the expected return of 0.0424%.
First Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 4.54 | 200 Day MA 16.9839 | 1 y Volatility 1.83 | 50 Day MA 17.0076 | Inception Date 2013-08-27 |
First |
Sharpe Ratio = 0.0701
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Estimated Market Risk
| 0.6 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average First Trust is performing at about 5% 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.
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First Trust Valuation on June 21, 2024
It is possible to determine the worth of First Trust on a given historical date. On June 21, 2024 First was worth 16.34 at the beginning of the trading date compared to the closed value of 16.34. 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 | |
| 16.35 | 16.35 | 16.35 | 16.35 | 1.00 | |
06/21/2024 | 16.34 | 16.34 | 16.34 | 16.34 | 100.00 |
| 16.37 | 16.37 | 16.37 | 16.37 | 700.00 |
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First Trust Trading Date Momentum on June 21, 2024
| On June 24 2024 First Trust Senior was traded for 16.37 at the closing time. The maximum traded price for the trading interval was 16.37 and the lowest daily price was 16.37 . The daily volume was recorded at 700. The volume of trading on 24th of June 2024 played a part in the next trading day price boost. The overall trading delta to the next closing price was 0.18% . The overall trading delta to the closing price today is 0.06% . |
First Trust Senior 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 Senior 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 Senior Loan ETF seeks to provide Unitholders with a high level of current income by investing primarily in a diversified portfolio of senior floating rate loans and debt securities, with capital appreciation as a secondary objective. FIRST TRUST is traded on Toronto Stock Exchange in Canada.
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 11, 2024
| High |
0.00 | 0.00 |
First Trust Senior 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 11, 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 Senior 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 | 0.0439 | |||
| Jensen Alpha | 0.0038 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.1328 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Senior. 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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.