First Trust Skybridge Etf Performance
| CRPT Etf | USD 18.20 0.28 1.52% |
The etf shows a Beta (market volatility) of 0.43, which means possible diversification benefits within a given portfolio. As returns on the market increase, First Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Trust is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days First Trust SkyBridge has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, First Trust is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | 5 ETFs That Deserve Special Thanks in 2024 | 11/27/2024 |
2 | 5 Best Performing Stocks of the Top ETF of 2024 - Yahoo Finance | 12/23/2024 |
3 | Long Term Investment Analysis - Stock Traders Daily | 01/08/2025 |
4 | On The My Stocks Page - Stock Traders Daily | 01/29/2025 |
5 | 5 Actively Managed ETFs That Outperformed Warren Buffett Last Year - 247 Wall St. | 02/13/2025 |
| In Threey Sharp Ratio | 0.48 |
First |
First Trust Relative Risk vs. Return Landscape
If you would invest 1,967 in First Trust SkyBridge on November 19, 2024 and sell it today you would lose (147.00) from holding First Trust SkyBridge or give up 7.47% of portfolio value over 90 days. First Trust SkyBridge is currently does not generate positive expected returns and assumes 3.9155% risk (volatility on return distribution) over the 90 days horizon. In different words, 34% of etfs are less volatile than First, and 99% 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 SkyBridge, 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 = -0.0131
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CRPT |
Estimated Market Risk
| 3.92 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 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.
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.
| Return On Asset | -311.75 | |||
| Shares Outstanding | 30.27 M | |||
| Price To Earning | 0.05 X | |||
| Price To Book | 0.05 X | |||
| Price To Sales | 6.73 X | |||
| Revenue | 4.5 K | |||
| Cash And Equivalents | 31.68 K | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (1.79 M) | |||
| Earnings Per Share | (0.14) X | |||
| Total Asset | 22.03 M | |||
| Retained Earnings | (4 M) | |||
| Current Asset | 67 K | |||
| Current Liabilities | 141 K | |||
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.
Under normal market conditions, the fund will invest at least 80 percent of its net assets in the common stocks and American Depositary Receipts of Crypto Industry Companies and Digital Economy Companies. FT Skybridge is traded on NYSEARCA Exchange in the United States.| First Trust generated a negative expected return over the last 90 days | |
| First Trust has high historical volatility and very poor performance | |
| First Trust has high likelihood to experience some financial distress in the next 2 years | |
| The company has a current ratio of 0.46, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist First Trust until it has trouble settling it off, either with new capital or with free cash flow. So, First Trust's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First Trust SkyBridge sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First Trust's use of debt, we should always consider it together with cash and equity. | |
| First Trust SkyBridge reported the previous year's revenue of 4.5 K. Net Loss for the year was (3.88 M). | |
| First Trust SkyBridge currently holds about 31.68 K in cash with (1.79 M) of positive cash flow from operations. | |
| Latest headline from news.google.com: 5 Actively Managed ETFs That Outperformed Warren Buffett Last Year - 247 Wall St. | |
| 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 SkyBridge. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of First Trust SkyBridge 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.