First Trust Materials Etf Price on November 19, 2024

FXZ Etf  USD 56.81  0.40  0.71%   
Below is the normalized historical share price chart for First Trust Materials extending back to May 10, 2007. 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 56.81, as last reported on the 23rd of December, with the highest price reaching 57.27 and the lowest price hitting 56.16 during the day.
3 y Volatility
27.39
200 Day MA
66.1691
1 y Volatility
16.12
50 Day MA
64.4132
Inception Date
2007-05-08
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in First Etf, it is important to understand the factors that can impact its price. First Trust Materials secures Sharpe Ratio (or Efficiency) of -0.19, which denotes the etf had a -0.19% return per unit of risk over the last 3 months. First Trust Materials exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Trust's Mean Deviation of 0.946, variance of 1.45, and Standard Deviation of 1.21 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.

Sharpe Ratio = -0.1939

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsFXZ

Estimated Market Risk

 1.17
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.19
  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
13.9 K

First Trust Valuation on November 19, 2024

It is possible to determine the worth of First Trust on a given historical date. On November 19, 2024 First was worth 62.57 at the beginning of the trading date compared to the closed value of 63.0. 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
  62.87    63.14    62.87    63.13    26,652  
11/19/2024
  62.57    63.04    62.46    63.00    23,328  
  62.97    63.81    62.97    63.52    28,466  
Backtest First Trust  |  First Trust History  |  First Trust Valuation   PreviousNext  
Open Value
62.57
63.0
Closing Value
66.08
Upside

First Trust Trading Date Momentum on November 19, 2024

On November 20 2024 First Trust Materials was traded for  63.52  at the closing time. Highest First Trust's price during the trading hours was 63.81  and the lowest price during the day was  62.97 . The net volume was 28.5 K. The overall trading history on the 20th of November contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.83% . The overall trading delta to current price is 3.44% .

First Trust Materials 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 Materials 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.
A focus of First Trust technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of First Trust trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

First Trust Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

First Trust Materials cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 23, 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 Materials 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.
When determining whether First Trust Materials offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Trust Materials Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust Materials Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Materials. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of First Trust Materials 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.