First Trust Mid Price on August 5, 2024
RNMCDelisted Etf | USD 34.90 0.00 0.00% |
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 34.90, as last reported on the 26th of December, with the highest price reaching 34.90 and the lowest price hitting 34.90 during the day. First Trust Mid secures Sharpe Ratio (or Efficiency) of -0.16, which denotes the etf had a -0.16% return per unit of risk over the last 3 months. First Trust Mid exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Trust's Downside Deviation of 0.8697, mean deviation of 0.7818, and Coefficient Of Variation of 645.81 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.
First |
Sharpe Ratio = -0.1614
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Estimated Market Risk
0.54 actual daily | 4 96% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 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.
First Trust Valuation on August 5, 2024
It is possible to determine the worth of First Trust on a given historical date. On August 5, 2024 First was worth 32.07 at the beginning of the trading date compared to the closed value of 32.53. 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 | |
33.10 | 33.24 | 33.05 | 33.24 | 1,061 | |
08/05/2024 | 32.07 | 32.76 | 32.07 | 32.53 | 3,091 |
32.66 | 32.86 | 32.62 | 32.75 | 18,403 |
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First Trust Trading Date Momentum on August 5, 2024
On August 06 2024 First Trust Mid was traded for 32.75 at the closing time. The top price for the day was 32.86 and the lowest listed price was 32.62 . The trading volume for the day was 18.4 K. The trading history from August 6, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.68% . The overall trading delta against the current closing price is 3.57% . |
First Trust Mid 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 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 Mid 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
The fund will normally invest at least 90 percent of its net assets in the common stocks and real estate investment trusts that comprise the index. Mid Cap is traded on NASDAQ Exchange in the United States.
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, delisted etf market cycles, or different charting patterns.
Price Boundaries
First Trust Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
First Trust Mid cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 26, 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 Mid 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.
Risk Adjusted Performance | 0.1253 | |||
Jensen Alpha | 0.1327 | |||
Total Risk Alpha | 0.0953 | |||
Sortino Ratio | 0.1169 | |||
Treynor Ratio | 1.27 |
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Volume Indicators |
Check out Your Equity Center 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 population. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Other Consideration for investing in First Etf
If you are still planning to invest in First Trust Mid 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.
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