First Trust Enhanced Etf Performance
| FTSM Etf | USD 59.99 0.03 0.05% |
The etf shows a Beta (market volatility) of 0.0031, which means not very significant fluctuations relative to the market. As returns on the market increase, First Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Trust is expected to be smaller as well.
Risk-Adjusted Performance
43 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in First Trust Enhanced are ranked lower than 43 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, First Trust is not utilizing all of its potentials. The newest stock price disarray, may contribute to short-term losses for the investors. ...more
1 | First Trust Enhanced Short Maturity ETF Shares Sold by Luken Investment Analytics LLC | 09/13/2024 |
2 | Benjamin F. Edwards Company Inc. Trims Stock Position in First Trust Enhanced Short Maturity ETF - Defense World | 09/23/2024 |
3 | Abich Financial Wealth Management LLC Invests 34,000 in First Trust Enhanced Short Maturity ETF - Defense World | 09/26/2024 |
4 | On The My Stocks Page - Stock Traders Daily | 09/30/2024 |
5 | Iams Wealth Management LLC Sells 2,922 Shares of First Trust Enhanced Short Maturity ETF | 10/15/2024 |
6 | Gateway Wealth Partners LLC Has 1.48 Million Stock Holdings in First Trust Enhanced Short Maturity ETF | 10/29/2024 |
7 | Bears Misjudged These 3 ETFs Where Investors Can Find Upside - MarketBeat | 11/06/2024 |
| In Threey Sharp Ratio | -1.23 |
First |
First Trust Relative Risk vs. Return Landscape
If you would invest 5,934 in First Trust Enhanced on August 30, 2024 and sell it today you would earn a total of 65.00 from holding First Trust Enhanced or generate 1.1% return on investment over 90 days. First Trust Enhanced is currently generating 0.0173% in daily expected returns and assumes 0.0311% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of etfs are less volatile than First, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. 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 Enhanced, 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 = 0.5558
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Based on monthly moving average First Trust is performing at about 43% 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.
| Total Asset | 6.34 B | |||
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.
Under normal market conditions, the Advisor intends to achieve its investment objective by investing at least 80 percent of its net assets in a portfolio of U.S. dollar-denominated fixed- and variable-rate debt securities. Enhanced Short is traded on NASDAQ Exchange in the United States.| First is showing solid risk-adjusted performance over 90 days | |
| Latest headline from news.google.com: Bears Misjudged These 3 ETFs Where Investors Can Find Upside - MarketBeat | |
| The fund retains about 5.38% of its assets under management (AUM) in fixed income securities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Enhanced. 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 Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of First Trust Enhanced 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.