First Trust (Mexico) Technical Analysis
| FDN Etf | MXN 5,000 85.00 1.67% |
As of the 11th of December 2024, First Trust shows the Standard Deviation of 1.42, mean deviation of 0.8421, and Coefficient Of Variation of 387.8. First Trust Exchange technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.
First Trust Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as First, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FirstFirst |
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.
First Trust Exchange Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of First Trust Exchange volatility. High ATR values indicate high volatility, and low values indicate low volatility.
First Trust Exchange Trend Analysis
Use this graph to draw trend lines for First Trust Exchange Traded. You can use it to identify possible trend reversals for First Trust as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual First Trust price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.First Trust Best Fit Change Line
The following chart estimates an ordinary least squares regression model for First Trust Exchange Traded applied against its price change over selected period. The best fit line has a slop of 20.19 , which means First Trust Exchange Traded will continue producing value for investors. It has 122 observation points and a regression sum of squares at 1.541469438E7, which is the sum of squared deviations for the predicted First Trust price change compared to its average price change.About First Trust Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of First Trust Exchange Traded on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of First Trust Exchange Traded based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on First Trust Exchange price pattern first instead of the macroeconomic environment surrounding First Trust Exchange. By analyzing First Trust's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of First Trust's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to First Trust specific price patterns or momentum indicators. Please read more on our technical analysis page.
First Trust December 11, 2024 Technical Indicators
Most technical analysis of First help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for First from various momentum indicators to cycle indicators. When you analyze First charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1912 | |||
| Market Risk Adjusted Performance | 2.99 | |||
| Mean Deviation | 0.8421 | |||
| Downside Deviation | 1.36 | |||
| Coefficient Of Variation | 387.8 | |||
| Standard Deviation | 1.42 | |||
| Variance | 2.02 | |||
| Information Ratio | 0.1704 | |||
| Jensen Alpha | 0.343 | |||
| Total Risk Alpha | 0.1314 | |||
| Sortino Ratio | 0.1778 | |||
| Treynor Ratio | 2.98 | |||
| Maximum Drawdown | 9.52 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 3.32 | |||
| Downside Variance | 1.86 | |||
| Semi Variance | (0.17) | |||
| Expected Short fall | (2.66) | |||
| Skewness | 2.74 | |||
| Kurtosis | 10.04 |
First Trust Exchange One Year Return
Based on the recorded statements, First Trust Exchange Traded has an One Year Return of 54%. This is much higher than that of the First Trust family and significantly higher than that of the One Year Return category. The one year return for all Mexico etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.Additional Information and Resources on Investing in First Etf
When determining whether First Trust Exchange is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Trust Exchange Traded Etf. Highlighted below are key reports to facilitate an investment decision about First Trust Exchange Traded Etf:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Exchange Traded. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.