First Trust Specialty Fund Price on September 11, 2024
| FGB Fund | USD 4.26 0.03 0.70% |
Below is the normalized historical share price chart for First Trust Specialty extending back to May 25, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of First Trust stands at 4.26, as last reported on the 11th of December 2024, with the highest price reaching 4.31 and the lowest price hitting 4.25 during the day.
If you're considering investing in First Fund, it is important to understand the factors that can impact its price. At this point, First Trust is not too volatile. First Trust Specialty secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the fund had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for First Trust Specialty, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Downside Deviation of 0.8764, mean deviation of 0.6999, and Coefficient Of Variation of 584.26 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
First Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = 0.1544
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Estimated Market Risk
| 0.77 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average First Trust is performing at about 12% 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.
Market Capitalization 59.2 M |
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First Trust Valuation on September 11, 2024
It is possible to determine the worth of First Trust on a given historical date. On September 11, 2024 First was worth 3.93 at the beginning of the trading date compared to the closed value of 4.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Trust fund. Still, in general, we apply an absolute valuation method to find First Trust's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of First Trust where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Trust's related companies.
| Open | High | Low | Close | Volume | |
| 3.80 | 3.84 | 3.73 | 3.73 | 49,895 | |
09/11/2024 | 3.93 | 4.01 | 3.92 | 4.00 | 211,910 |
| 4.00 | 4.00 | 3.93 | 3.96 | 65,119 |
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First Trust Trading Date Momentum on September 11, 2024
| On September 12 2024 First Trust Specialty was traded for 3.96 at the closing time. Highest First Trust's price during the trading hours was 4.00 and the lowest price during the day was 3.93 . The net volume was 65.1 K. The overall trading history on the 12th of September 2024 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.00% . The overall trading delta to current price is 0.75% . |
First Trust Specialty Fundamentals Correlations and Trends
By evaluating First Trust's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among First Trust's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. First financial account trend analysis is a perfect complement when working with valuation or volatility modules.About First Trust Fund history
First Trust investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Trust Specialty will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing First Trust stock prices may prove useful in developing a viable investing in First Trust
First Trust Specialty Finance and Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Confluence Investment Management LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the specialty finance and other financial sectors. The fund primarily invests in value stocks of companies, as well as in Business Development Companies, REITs, and other mortgage related securities. It employs fundamental analysis to create its portfolio. The fund benchmarks the performance of its portfolio against a composite benchmark comprised of 70 percent Wells Fargo BDC Index, 20 percent FTSE NAREIT Mortgage REIT Index, and 10 percent SP SmallCap Financials Index. It was formerly known as First TrustGallatin Specialty Finance and Financial Opportunities Fund. First Trust Specialty Finance and Financial Opportunities Fund was formed on March 20, 2007 and domiciled in the United States.
First Trust Fund Technical Analysis
First Trust technical fund 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, fund market cycles, or different charting patterns.
Price Boundaries
First Trust Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
First Trust Specialty cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
First Trust December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how First Trust fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Trust shares will generate the highest return on investment. By undertsting and applying First Trust fund market strength indicators, traders can identify First Trust Specialty entry and exit signals to maximize returns
First Trust Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Trust's price direction in advance. Along with the technical and fundamental analysis of First Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of First to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1275 | |||
| Jensen Alpha | 0.1662 | |||
| Total Risk Alpha | 0.0049 | |||
| Sortino Ratio | 0.0861 | |||
| Treynor Ratio | 0.9158 |
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Other Information on Investing in First Fund
First Trust financial ratios help investors to determine whether First Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Trust security.
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