Ft Vest Equity Etf Performance
| SQMX Etf | 30.61 0.02 0.07% |
The etf owns a Beta (Systematic Risk) of 0.19, which means not very significant fluctuations relative to the market. As returns on the market increase, FT Vest's returns are expected to increase less than the market. However, during the bear market, the loss of holding FT Vest is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days FT Vest Equity has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong primary indicators, FT Vest is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
1 | First Trust Expands Target Outcome Lineup with Launch of SQMX, a Quarterly Max Buffer ETF Based on SPY - ETFGI | 12/23/2024 |
SQMX |
FT Vest Relative Risk vs. Return Landscape
If you would invest 3,081 in FT Vest Equity on December 14, 2024 and sell it today you would lose (19.54) from holding FT Vest Equity or give up 0.63% of portfolio value over 90 days. FT Vest Equity is currently does not generate positive expected returns and assumes 0.2548% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of etfs are less volatile than SQMX, 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 |
FT Vest Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for FT Vest's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as FT Vest Equity, and traders can use it to determine the average amount a FT Vest'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 = -0.0441
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SQMX |
Estimated Market Risk
| 0.25 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average FT Vest 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 Vest by adding FT Vest to a well-diversified portfolio.
About FT Vest Performance
Evaluating FT Vest's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if FT Vest has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if FT Vest has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| FT Vest Equity generated a negative expected return over the last 90 days |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in FT Vest Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
The market value of FT Vest Equity is measured differently than its book value, which is the value of SQMX that is recorded on the company's balance sheet. Investors also form their own opinion of FT Vest's value that differs from its market value or its book value, called intrinsic value, which is FT Vest'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 FT Vest's market value can be influenced by many factors that don't directly affect FT Vest'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 FT Vest's value and its price as these two are different measures arrived at by different means. Investors typically determine if FT Vest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FT Vest'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.