First Trust Indxx Etf Price on November 8, 2024

MISL Etf  USD 30.67  0.07  0.23%   
If you're considering investing in First Etf, it is important to understand the factors that can impact its price. As of today, the current price of First Trust stands at 30.67, as last reported on the 23rd of December, with the highest price reaching 30.77 and the lowest price hitting 30.03 during the day. First Trust Indxx secures Sharpe Ratio (or Efficiency) of -0.0186, which denotes the etf had a -0.0186% return per unit of risk over the last 3 months. First Trust Indxx exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Trust's Mean Deviation of 0.8669, standard deviation of 1.23, and Variance of 1.51 to check the risk estimate we provide.
  
First Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0186

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Estimated Market Risk

 1.23
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  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.
Average Mkt Cap Mil
30.7 K

First Trust Valuation on November 8, 2024

It is possible to determine the worth of First Trust on a given historical date. On November 8, 2024 First was worth 32.61 at the beginning of the trading date compared to the closed value of 33.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Trust etf. 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
  32.84    32.84    32.40    32.52    171,100  
11/08/2024
  32.61    33.20    32.54    33.13    35,100  
  33.49    33.67    33.47    33.55    37,100  
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Open Value
32.61
33.13
Closing Value
36.29
Upside

First Trust Trading Date Momentum on November 8, 2024

On November 11 2024 First Trust Indxx was traded for  33.55  at the closing time. The top price for the day was 33.67  and the lowest listed price was  33.47 . The trading volume for the day was 37.1 K. The trading history from November 11, 2024 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 1.27% . The overall trading delta against the current closing price is 5.55% .

About First Trust Etf 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 Indxx 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 Etf Technical Analysis

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.
A focus of First Trust technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of First Trust trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

First Trust Period Price Range

Low
December 23, 2024
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High

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First Trust Indxx cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 23, 2024 Market Strength

Market strength indicators help investors to evaluate how First Trust etf 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 etf market strength indicators, traders can identify First Trust Indxx 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 Etf 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.
When determining whether First Trust Indxx is a strong investment it is important to analyze First Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Trust's future performance. For an informed investment choice regarding First Etf, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in First Trust Indxx. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of First Trust Indxx 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.