Ft Alphadex Industrials Etf Performance
| FHG Etf | CAD 53.30 0.59 1.12% |
The etf owns a Beta (Systematic Risk) of 0.54, which means possible diversification benefits within a given portfolio. As returns on the market increase, FT AlphaDEX's returns are expected to increase less than the market. However, during the bear market, the loss of holding FT AlphaDEX is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days FT AlphaDEX Industrials has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Etf's technical and fundamental indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the ETF investors. ...more
FHG |
FT AlphaDEX Relative Risk vs. Return Landscape
If you would invest 5,868 in FT AlphaDEX Industrials on December 17, 2024 and sell it today you would lose (538.00) from holding FT AlphaDEX Industrials or give up 9.17% of portfolio value over 90 days. FT AlphaDEX Industrials is producing return of less than zero assuming 1.1345% volatility of returns over the 90 days investment horizon. Simply put, 10% of all etfs have less volatile historical return distribution than FT AlphaDEX, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
FT AlphaDEX Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FT AlphaDEX's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as FT AlphaDEX Industrials, and traders can use it to determine the average amount a FT AlphaDEX's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1332
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FHG |
Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FT AlphaDEX 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 FT AlphaDEX by adding FT AlphaDEX to a well-diversified portfolio.
FT AlphaDEX Fundamentals Growth
FHG Etf prices reflect investors' perceptions of the future prospects and financial health of FT AlphaDEX, and FT AlphaDEX fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on FHG Etf performance.
| Price To Earning | 17.25 X | |||
| Total Asset | 23.34 M | |||
About FT AlphaDEX Performance
By examining FT AlphaDEX's fundamental ratios, stakeholders can obtain critical insights into FT AlphaDEX's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that FT AlphaDEX is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The First Trust ETF seeks to replicate, to the extent possible, the performance of the StrataQuant Industrials Index , net of expenses. FIRST TRUST is traded on Toronto Stock Exchange in Canada.| FT AlphaDEX generated a negative expected return over the last 90 days | |
| The fund retains 91.59% of its assets under management (AUM) in equities |
Other Information on Investing in FHG Etf
FT AlphaDEX financial ratios help investors to determine whether FHG 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 FHG with respect to the benefits of owning FT AlphaDEX security.