First Trust Preferred Fund Price on November 8, 2024
| FPEFX Fund | USD 20.18 0.05 0.25% |
Below is the normalized historical share price chart for First Trust Preferred extending back to March 08, 2011. 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 Trust stands at 20.18, as last reported on the 14th of November 2024, with the highest price reaching 20.18 and the lowest price hitting 20.18 during the day.
If you're considering investing in First Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider First Mutual Fund to be very steady. First Trust Preferred secures Sharpe Ratio (or Efficiency) of 0.31, which denotes the fund had a 0.31% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for First Trust Preferred, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Mean Deviation of 0.1239, coefficient of variation of 274.81, and Standard Deviation of 0.1559 to check if the risk estimate we provide is consistent with the expected return of 0.0489%.
First Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = 0.3111
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Estimated Market Risk
| 0.16 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average First Trust is performing at about 24% 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 November 8, 2024
It is possible to determine the worth of First Trust on a given historical date. On November 8, 2024 First was worth 20.24 at the beginning of the trading date compared to the closed value of 20.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Trust mutual fund. 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 | |
| 20.18 | 20.18 | 20.18 | 20.18 | 1.00 | |
11/08/2024 | 20.24 | 20.24 | 20.24 | 20.24 | 1.00 |
| 20.23 | 20.23 | 20.23 | 20.23 | 1.00 |
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First Trust Trading Date Momentum on November 8, 2024
| On November 11 2024 First Trust Preferred was traded for 20.23 at the closing time. The highest daily price throughout the period was 20.23 and the lowest price was 20.23 . There was no trading activity during the period 1.0. Lack of trading volume on 11/11/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.05% . The overall trading delta to current closing price is 0.30% . |
First Trust Preferred Fundamentals Correlations and Trends
By evaluating First Trust'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 Trust'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 Trust Mutual Fund 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 Preferred 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 seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of its net assets in preferred securities and other securities with similar economic characteristics.
First Trust Mutual Fund Technical Analysis
First Trust technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
First Trust Period Price Range
Low | November 14, 2024
| High |
0.00 | 0.00 |
First Trust Preferred cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 Trust November 14, 2024 Market Strength
Market strength indicators help investors to evaluate how First Trust mutual fund 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 mutual fund market strength indicators, traders can identify First Trust Preferred 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 Mutual Fund 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 | 0.2383 | |||
| Jensen Alpha | 0.0437 | |||
| Total Risk Alpha | 0.0171 | |||
| Sortino Ratio | (0.71) | |||
| Treynor Ratio | 2.19 |
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Other Information on Investing in First Mutual Fund
First Trust financial ratios help investors to determine whether First Mutual Fund 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.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
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