First Trust Competition

Summary

Analyzing First Trust competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of First Trust to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of First Trust competition on your existing holdings.

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Please note, it is not enough to conduct a financial or market analysis of a single entity such as First Trust. Your research has to be compared to or analyzed against First Trust's peers to derive any actionable benefits. When done correctly, First Trust's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in First Trust Dividend.

First Trust Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between First Trust and its competitors represents the degree of relationship between the price movements of corresponding delisted etfs. A correlation of about +1.0 implies that the price of First and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of First Trust Dividend does not affect the price movement of the other competitor.

	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM
META		0.78	-0.54	-0.35	0.46	0.32	0.57	0.27	-0.16	-0.51	META
MSFT	0.78		-0.65	-0.25	0.55	0.07	0.61	0.38	-0.21	-0.76	MSFT
UBER	-0.54	-0.65		0.41	-0.73	0.18	-0.78	-0.55	0.61	0.73	UBER
F	-0.35	-0.25	0.41		0.06	-0.25	-0.01	0.27	-0.1	0.6	F
T	0.46	0.55	-0.73	0.06		-0.34	0.87	0.84	-0.69	-0.42	T
A	0.32	0.07	0.18	-0.25	-0.34		-0.32	-0.51	0.7	0.12	A
CRM	0.57	0.61	-0.78	-0.01	0.87	-0.32		0.88	-0.78	-0.48	CRM
JPM	0.27	0.38	-0.55	0.27	0.84	-0.51	0.88		-0.84	-0.25	JPM
MRK	-0.16	-0.21	0.61	-0.1	-0.69	0.7	-0.78	-0.84		0.27	MRK
XOM	-0.51	-0.76	0.73	0.6	-0.42	0.12	-0.48	-0.25	0.27		XOM
	META	MSFT	UBER	F	T	A	CRM	JPM	MRK	XOM

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High positive correlations

JPM	+ 0.88	CRM
CRM	+ 0.87	T
JPM	+ 0.84	T
MSFT	+ 0.78	META
XOM	+ 0.73	UBER
MRK	+ 0.7	A

High negative correlations

MRK	- 0.84	JPM
MRK	- 0.78	CRM
CRM	- 0.78	UBER
XOM	- 0.76	MSFT
T	- 0.73	UBER
MRK	- 0.69	T

First Trust Competition Risk-Adjusted Indicators

There is a big difference between First Etf performing well and First Trust ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze First Trust's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
META	1.21	0.10	0.04	0.53	1.42	(1.36)	2.62	(3.15)	7.43
MSFT	0.85	0.04	(0.01)	(0.14)	1.60	(0.78)	1.78	(2.23)	8.14
UBER	1.65	(0.33)	0.00	(1.77)	0.00	0.00	2.53	(5.35)	20.41
F	1.45	(0.12)	0.00	(0.17)	0.00	0.00	2.53	(2.90)	11.21
T	0.95	0.10	0.05	0.42	1.12	(0.98)	1.93	(1.99)	7.95
A	1.23	(0.06)	0.00	(0.06)	0.00	0.00	2.71	(2.42)	9.02
CRM	1.46	0.37	0.20	90.15	1.31	(1.65)	3.18	(2.88)	14.80
JPM	1.06	0.23	0.14	(2.23)	1.11	(1.26)	1.99	(1.44)	15.87
MRK	0.97	(0.21)	0.00	(0.96)	0.00	0.00	1.72	(2.17)	5.17
XOM	0.87	(0.14)	0.00	(0.95)	0.00	0.00	1.83	(2.14)	6.06

Unable to evaluate fundamental data of [CU, FYXGF, NXTUF, FAUS, FCAN, FONE, ERM, FAV, FHK] at this time. Please try again later

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First Trust Competitive Analysis

The better you understand First Trust competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, First Trust's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across First Trust's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

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	FYXGF	NXTUF	ERM
	0.00 19.60 First	0.00 28.00 First	0.00 23.09 First
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Dangerous	Dangerous	Low
Current Valuation (Equity Enterprise Value)	Over Valued	Over Valued	Over Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Not Rated	Not Rated	Not Rated
Price To Sales	N/A	N/A	N/A
Equity Positions Weight	N/A	N/A	47.55 %
Three Year Return	N/A	N/A	2.95 %
Net Asset	N/A	N/A	17.19 M
Annual Yield	N/A	N/A	N/A
Price To Book	N/A	N/A	N/A
Five Year Return	N/A	N/A	2.01 %
Year To Date Return	N/A	N/A	N/A
One Year Return	N/A	N/A	(14.58) %
Last Dividend Paid	N/A	N/A	0.048
Beta	N/A	N/A	N/A
Price To Earning	N/A	N/A	N/A
Rate Of Daily Change	1.0	1.0	1.0
Day Median Price	19.6	28.0	23.09
Day Typical Price	19.6	28.0	23.09
Coefficient Of Variation	N/A	758.7	827.92
Mean Deviation	N/A	0.4677	0.3191
Jensen Alpha	N/A	0.2349	0.0431
Total Risk Alpha	N/A	0.1282	0.0168
Sortino Ratio	N/A	N/A	(0.01)
Downside Variance	N/A	N/A	0.1569
Standard Deviation	N/A	1.79	0.4041
Kurtosis	N/A	64.55	(0.23)
Potential Upside	N/A	N/A	0.7954
Treynor Ratio	N/A	(1.05)	(0.39)
Maximum Drawdown	N/A	14.46	1.71
Variance	N/A	3.2	0.1633
Market Risk Adjusted Performance	N/A	(1.04)	(0.38)
Risk Adjusted Performance	N/A	0.1102	0.0863
Skewness	N/A	8.0	0.1271
Semi Deviation	N/A	N/A	0.2453
Information Ratio	N/A	0.102	(0.01)
Value At Risk	N/A	N/A	(0.54)
Expected Short fall	N/A	N/A	(0.41)
Downside Deviation	N/A	N/A	0.3961
Semi Variance	N/A	N/A	0.0602

First Trust Competition Performance Charts

Five steps to successful analysis of First Trust Competition

First Trust's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by First Trust Dividend in relation to its competition. First Trust's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of First Trust in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact First Trust's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to First Trust Dividend, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your First Trust position

In addition to having First Trust in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Gold and Gold Mining

Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. The Gold and Gold Mining theme has 100 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Gold and Gold Mining Theme or any other thematic opportunities.

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Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation.

You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Other Consideration for investing in First Etf

If you are still planning to invest in First Trust Dividend check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the First Trust's history and understand the potential risks before investing.

	Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets
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