First Trust (France) Price on March 25, 2024
| FGBL Etf | EUR 58.54 0.37 0.63% |
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 58.54, as last reported on the 2nd of May, with the highest price reaching 59.05 and the lowest price hitting 58.54 during the day. We consider First Trust very steady. First Trust Global secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the etf had a 0.2% return per unit of risk over the last 3 months. We have found thirty technical indicators for First Trust Global, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Mean Deviation of 0.4212, coefficient of variation of 491.03, and Downside Deviation of 0.5455 to check if the risk estimate we provide is consistent with the expected return of 0.11%.
First Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = 0.2007
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Estimated Market Risk
| 0.55 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average First Trust is performing at about 15% 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 Valuation on March 25, 2024
It is possible to determine the worth of First Trust on a given historical date. On March 25, 2024 First was worth 56.97 at the beginning of the trading date compared to the closed value of 57.13. 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 | |
| 57.09 | 57.09 | 57.06 | 57.06 | 1.00 | |
03/25/2024 | 56.97 | 57.13 | 56.97 | 57.13 | 1.00 |
| 57.13 | 57.23 | 57.13 | 57.23 | 1.00 |
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First Trust Trading Date Momentum on March 25, 2024
| On March 26 2024 First Trust Global was traded for 57.23 at the closing time. The highest price during the trading period was 57.23 and the lowest recorded bid was listed for 57.13 . There was no trading activity during the period 1.0. Lack of trading volume on March 26, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.18% . The overall trading delta to the current price is 1.77% . |
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 Global 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 aims to provide investors with a total return, taking into account capital and income returns, which reflects the return of an equity index called the NASDAQ Global High Equity Income Index. FIRST TRUST is traded on Paris Stock Exchange in France.
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, etf market cycles, or different charting patterns.
Price Boundaries
First Trust Period Price Range
Low | March 25, 2024
| High |
56.97 | 57.13 |
First Trust May 2, 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 Global 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 | 0.1289 | |||
| Jensen Alpha | 0.0944 | |||
| Total Risk Alpha | 0.0593 | |||
| Sortino Ratio | 0.0956 | |||
| Treynor Ratio | 0.7028 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Global. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.