First Trust Mid Etf Performance
| FNK Etf | USD 56.12 0.42 0.74% |
The etf shows a Beta (market volatility) of 1.25, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, First Trust will likely underperform.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in First Trust Mid are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite quite persistent basic indicators, First Trust is not utilizing all of its potentials. The newest stock price mess, may contribute to short-term losses for the institutional investors. ...more
1 | Should First Trust Mid Cap Value AlphaDEX ETF Be on Your Investing Radar | 09/27/2024 |
2 | Fink Pushes BlackRock Into High-Stakes Bet on Private Markets - Yahoo Finance | 11/15/2024 |
| In Threey Sharp Ratio | 0.39 |
First |
First Trust Relative Risk vs. Return Landscape
If you would invest 5,324 in First Trust Mid on September 14, 2024 and sell it today you would earn a total of 288.00 from holding First Trust Mid or generate 5.41% return on investment over 90 days. First Trust Mid is generating 0.0892% of daily returns assuming volatility of 1.0638% on return distribution over 90 days investment horizon. In other words, 9% of etfs are less volatile than First, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
First Trust Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Trust's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as First Trust Mid, and traders can use it to determine the average amount a First Trust's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0838
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| Cash | FNK | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.06 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average First Trust is performing at about 6% 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.
First Trust Fundamentals Growth
First Etf prices reflect investors' perceptions of the future prospects and financial health of First Trust, and First Trust fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on First Etf performance.
| Price To Earning | 13.87 X | |||
| Price To Book | 1.43 X | |||
| Price To Sales | 0.79 X | |||
| Total Asset | 196.3 M | |||
About First Trust Performance
By examining First Trust's fundamental ratios, stakeholders can obtain critical insights into First Trust's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that First Trust is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund will normally invest at least 90 percent of its net assets in the common stocks that comprise the index. Mid Cap is traded on NASDAQ Exchange in the United States.| Latest headline from news.google.com: Fink Pushes BlackRock Into High-Stakes Bet on Private Markets - Yahoo Finance | |
| The fund retains 99.51% of its assets under management (AUM) in equities |
Other Information on Investing in First Etf
First Trust 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 Trust security.