First Etf Profile

BNGE
 Etf
  

USD 19.29  0.74  3.69%   

Market Performance
4 of 100
Odds Of Distress
Less than 40
First Trust is trading at 19.29 as of the 12th of August 2022, a -3.69 percent down since the beginning of the trading day. The etf's lowest day price was 19.29. First Trust has about a 40 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for First Trust S-Network are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of June 2022 and ending today, the 12th of August 2022. Click here to learn more.
The fund will normally invest at least 80 percent of its net assets in the common stocks and depositary receipts that comprise the index. First Trust is traded on NYSEArca Exchange in the United States. More on First Trust S-Network

First Trust 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. First Trust's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Trust or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
On 30th of June 2022 First Trust paid $ 0.0998 per share dividend to its current shareholders
The fund holds 99.41% of its assets under management (AUM) in equities
Thematic IdeaTech Funds (view all)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of First Trust's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldFairly Valued
IssuerFirst Trust
DescriptionFirst Trust S-Network Streaming and Gaming ETF
Inception Date2022-01-25
BenchmarkS-Network Streaming & Gaming Index
Entity TypeRegulated Investment Company
Asset Under Management3.97 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationBlended Development
RegionGlobal
AdministratorBrown Brothers Harriman & Co.
AdvisorFirst Trust Advisors L.P.
CustodianBrown Brothers Harriman & Co.
DistributorFirst Trust Portfolios L.P.
Portfolio ManagerDaniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin, Stan Ueland, Chris A. Peterson, Erik Russo
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Mar
ExchangeNYSE Arca, Inc.
Number of Constituents48.0
Market MakerFlow Traders
Total Expense0.7
Management Fee0.7
Nav Price19.13
Two Hundred Day Average20.92
Average Daily Volume In Three Month1.48k
Fifty Two Week Low17.62
As Of Date22nd of July 2022
Average Daily Volume Last 10 Day240
Fifty Two Week High26.47
One Month3.71%
Fifty Day Average19.06
Three Month-3.13%
First Trust S-Network [BNGE] is traded in USA and was established 2022-01-25. The fund is listed under Technology category and is part of First Trust family. The entity is thematically classified as Tech Funds. First Trust S-Network currently have 2.72 M in assets under management (AUM).
Check First Trust Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on First Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding First Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as First Trust S-Network Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

First Trust S-Network Currency Exposure (%)

First Trust Target Price Odds Analysis

What are First Trust's target price odds to finish over the current price? Based on a normal probability distribution, the odds of First Trust jumping above the current price in 90 days from now is about 34.17%. The First Trust S-Network probability density function shows the probability of First Trust etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.4145 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, First Trust will likely underperform. Additionally, the company has an alpha of 0.139, implying that it can generate a 0.14 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 19.29HorizonTargetOdds Above 19.29
65.56%90 days
 19.29 
34.17%
Based on a normal probability distribution, the odds of First Trust to move above the current price in 90 days from now is about 34.17 (This First Trust S-Network probability density function shows the probability of First Etf to fall within a particular range of prices over 90 days) .

First Trust S-Network Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. First Trust market risk premium is the additional return an investor will receive from holding First Trust 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 First Trust. 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 First Trust's alpha and beta are two of the key measurements used to evaluate First Trust's performance over the market, the standard measures of volatility play an important role as well.

First Trust S-Network Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. First Trust S-Network Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe First Trust price patterns.
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First Trust Against Markets

Picking the right benchmark for First Trust 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 First Trust 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 First Trust is critical whether you are bullish or bearish towards First Trust S-Network at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in First Trust without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in First Trust S-Network?

You need to understand the risk of investing before taking a position in First Trust. The danger of trading First Trust S-Network 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 First Trust 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 First Trust. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Trust S-Network 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.
Continue to Trending Equities. Note that the First Trust S-Network information on this page should be used as a complementary analysis to other First Trust's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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When running First Trust S-Network price analysis, check to measure First Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Trust is operating at the current time. Most of First Trust's value examination focuses on studying past and present price action to predict the probability of First Trust's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move First Trust's price. Additionally, you may evaluate how the addition of First Trust to your portfolios can decrease your overall portfolio volatility.
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The market value of First Trust S-Network 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 First Trust value 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.