First Asset Morningstar Etf Price on December 10, 2024

WXM Etf  CAD 33.15  0.31  0.93%   
Below is the normalized historical share price chart for First Asset Morningstar extending back to February 15, 2012. 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 Asset stands at 33.15, as last reported on the 13th of December 2024, with the highest price reaching 33.24 and the lowest price hitting 33.14 during the day.
3 y Volatility
13.5
200 Day MA
28.4114
1 y Volatility
7.7
50 Day MA
31.5884
Inception Date
2012-02-13
 
Yuan Drop
 
Covid
If you're considering investing in First Etf, it is important to understand the factors that can impact its price. First Asset appears to be very steady, given 3 months investment horizon. First Asset Morningstar secures Sharpe Ratio (or Efficiency) of 0.3, which denotes the etf had a 0.3% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for First Asset Morningstar, which you can use to evaluate the volatility of the entity. Please utilize First Asset's Mean Deviation of 0.5348, coefficient of variation of 291.39, and Downside Deviation of 0.5834 to check if our risk estimates are consistent with your expectations.
  
First Etf price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.303

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Estimated Market Risk

 0.67
  actual daily
5
95% of assets are more volatile

Expected Return

 0.2
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.3
  actual daily
23
77% of assets perform better
Based on monthly moving average First Asset is performing at about 23% 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 Asset by adding it to a well-diversified portfolio.
Average Mkt Cap Mil
18.1 K

First Asset Valuation on December 10, 2024

It is possible to determine the worth of First Asset on a given historical date. On December 10, 2024 First was worth 33.27 at the beginning of the trading date compared to the closed value of 33.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Asset etf. Still, in general, we apply an absolute valuation method to find First Asset'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 Asset where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Asset's related companies.
 Open High Low Close Volume
  33.66    33.66    33.25    33.25    3,508  
12/10/2024
  33.27    33.29    33.03    33.05    1,905  
  33.17    33.46    33.17    33.46    1,725  
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Open Value
33.27
33.05
Closing Value
35.29
Upside

First Asset Trading Date Momentum on December 10, 2024

On December 11 2024 First Asset Morningstar was traded for  33.46  at the closing time. The maximum traded price for the trading interval was 33.46  and the lowest daily price was  33.17 . The daily volume was recorded at 1.7 K. The volume of trading on 11th of December 2024 played a part in the next trading day price boost. The trading price change to the next closing price was 1.24% . The overall trading delta to the closing price today is 0.57% .

First Asset Morningstar Fundamentals Correlations and Trends

By evaluating First Asset'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 Asset'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 Asset Etf history

First Asset 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 Asset Morningstar 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 Asset stock prices may prove useful in developing a viable investing in First Asset

First Asset Etf Technical Analysis

First Asset 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 Asset technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of First Asset 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 Asset Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

First Asset Morningstar cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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 Asset December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how First Asset 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 Asset shares will generate the highest return on investment. By undertsting and applying First Asset etf market strength indicators, traders can identify First Asset Morningstar entry and exit signals to maximize returns

First Asset Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for First Asset'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.

Other Information on Investing in First Etf

First Asset financial ratios help investors to determine whether First Etf 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 Asset security.