Ft Cboe Vest Etf Profile
| XAPR Etf | 30.22 0.01 0.03% |
Performance22 of 100
|
FT Cboe is selling at 30.22 as of the 8th of May 2024; that is 0.03% increase since the beginning of the trading day. The etf's lowest day price was 30.18. FT Cboe has hardly any chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for FT Cboe Vest are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2024 and ending today, the 8th of May 2024. Click here to learn more.
XAPR Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. FT Cboe's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding FT Cboe or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Issuer | First Trust |
| Inception Date | 2024-04-19 |
| Benchmark | SPDR S&P 500 ETF Trust |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 9.09 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | First Trust Advisors L.P. |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | First Trust Portfolios L.P. |
| Portfolio Manager | Karan Sood, Howard Rubin |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 31-Aug |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 5.0 |
| Market Maker | Old Mission |
| Total Expense | 0.85 |
| Management Fee | 0.85 |
FT Cboe Target Price Odds Analysis
In regard to a normal probability distribution, the odds of FT Cboe jumping above the current price in 90 days from now is under 4%. The FT Cboe Vest probability density function shows the probability of FT Cboe etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days FT Cboe Vest has a beta of -0.0038. This entails as returns on the benchmark increase, returns on holding FT Cboe are expected to decrease at a much lower rate. During a bear market, however, FT Cboe Vest is likely to outperform the market. Additionally, fT Cboe Vest has an alpha of 0.0939, implying that it can generate a 0.0939 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of FT Cboe to move above the current price in 90 days from now is under 4 (This FT Cboe Vest probability density function shows the probability of XAPR Etf to fall within a particular range of prices over 90 days) .
FT Cboe Vest Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. FT Cboe market risk premium is the additional return an investor will receive from holding FT Cboe long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in FT Cboe. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although FT Cboe's alpha and beta are two of the key measurements used to evaluate FT Cboe's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1809 | |||
| Jensen Alpha | 0.0939 | |||
| Total Risk Alpha | 0.0579 | |||
| Treynor Ratio | (24.66) |
FT Cboe Against Markets
Picking the right benchmark for FT Cboe etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in FT Cboe etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for FT Cboe is critical whether you are bullish or bearish towards FT Cboe Vest at a given time. Please also check how FT Cboe's historical prices are related to one of the top price index indicators.
FT Cboe Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with FT Cboe etf to make a market-neutral strategy. Peer analysis of FT Cboe could also be used in its relative valuation, which is a method of valuing FT Cboe by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy XAPR Etf?
Before investing in FT Cboe, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in FT Cboe. To buy FT Cboe etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of FT Cboe. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase FT Cboe etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located FT Cboe Vest etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased FT Cboe Vest etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as FT Cboe Vest, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy XAPR Etf please use our How to Invest in FT Cboe guide.
Already Invested in FT Cboe Vest?
The danger of trading FT Cboe Vest is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of FT Cboe is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than FT Cboe. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile FT Cboe Vest is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.