First Trust Rba Etf Performance
| AIRR Etf | USD 82.06 0.67 0.81% |
The etf shows a Beta (market volatility) of 1.74, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, First Trust will likely underperform.
Risk-Adjusted Performance
11 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in First Trust RBA are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Even with relatively inconsistent basic indicators, First Trust reported solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | PCG Wealth Advisors LLC Boosts Stake in First Trust RBA American Industrial Renaissance ETF | 10/16/2024 |
2 | MSC Industrial Q4 Misses Consensus, Net Sales Fall 8 percent Amid Heavy Manufacturing Weakness | 10/24/2024 |
3 | Nwam LLC Invests 6. Million in First Trust RBA American Industrial Renaissance ETF | 11/22/2024 |
4 | First Trust RBA American Industrial Renaissance ETF Hits New 1-Year High Heres What Happened | 11/27/2024 |
| In Threey Sharp Ratio | 0.80 |
First |
First Trust Relative Risk vs. Return Landscape
If you would invest 7,154 in First Trust RBA on September 16, 2024 and sell it today you would earn a total of 1,052 from holding First Trust RBA or generate 14.71% return on investment over 90 days. First Trust RBA is currently generating 0.2215% in daily expected returns and assumes 1.4564% risk (volatility on return distribution) over the 90 days horizon. In different words, 12% of etfs are less volatile than First, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
First Trust Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Trust's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as First Trust RBA, and traders can use it to determine the average amount a First Trust'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 = 0.1521
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| Small Returns | AIRR | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.46 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average First Trust is performing at about 11% 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.
First Trust Fundamentals Growth
First Etf prices reflect investors' perceptions of the future prospects and financial health of First Trust, and First Trust 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 First Etf performance.
| Price To Earning | 20.21 X | |||
| Price To Book | 2.16 X | |||
| Price To Sales | 0.79 X | |||
| Total Asset | 169.98 M | |||
About First Trust Performance
Assessing First Trust's fundamental ratios provides investors with valuable insights into First Trust's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the First Trust is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
The fund will normally invest at least 90 percent of its net assets in the equity securities that comprise the index. Rba American is traded on NASDAQ Exchange in the United States.| Latest headline from thelincolnianonline.com: First Trust RBA American Industrial Renaissance ETF Hits New 1-Year High Heres What Happened | |
| The fund holds 99.94% of its assets under management (AUM) in equities |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Trust RBA. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of First Trust RBA 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.