Japan Etf Profile

FJP -  USA Etf  

USD 45.75  0.46  1.00%

Market Performance
0 of 100
Odds Of Distress
Over 69
Japan Alphadex is selling at 45.75 as of the 26th of May 2022; that is -1 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 45.75. Japan Alphadex has more than 69 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Japan Alphadex are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of June 2020 and ending today, the 26th of May 2022. Click here to learn more.
The fund will normally invest at least 90 percent of its net assets in the common stocks, depositary receipts, real estate investment trusts and preferred shares that comprise the index. Japan Alphadex is traded on NYSEArca Exchange in the United States. More on Japan Alphadex

Japan Alphadex 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. Japan Alphadex's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Japan Alphadex or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Japan Alphadex generated a negative expected return over the last 90 days
Japan Alphadex has high likelihood to experience some financial distress in the next 2 years
Japan Alphadex generated five year return of -1.0%
This fund retains 99.89% of its assets under management (AUM) in equities
ChairmanRobert Cokeng  (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 Japan Alphadex's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
IssuerFirst Trust
DescriptionFirst Trust Japan AlphaDEX Fund
Inception Date2011-04-18
BenchmarkNASDAQ AlphaDEX Japan Index
Entity TypeRegulated Investment Company
Asset Under Management34.24 Million
Average Trading Valume5,663.7
Asset TypeEquity
CategoryBroad Equity
FocusBroad Equity
Market ConcentrationDeveloped Markets
RegionAsia-Pacific
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
Transfer AgentBrown Brothers Harriman & Co.
Fiscal Year End31-Dec
ExchangeNASDAQ
Number of Constituents102
Market MakerSusquehanna
Total Expense0.8
Management Fee0.8
Nav Price44.85
Two Hundred Day Average49.81
Ytd-13.31%
Average Daily Volume In Three Month3.14k
Fifty Two Week Low43.44
As Of Date11th of May 2022
Average Daily Volume Last 10 Day2.79k
Fifty Two Week High56.55
One Month-4.90%
Fifty Day Average46.23
Three Month-11.62%
Japan Alphadex [FJP] is traded in USA and was established 2011-04-18. The fund is classified under Japan Stock category within First Trust family. Japan Alphadex currently have 31.08 M in assets under management (AUM). , while the total return for the last 3 years was -1.28%.
Check Japan Alphadex Probability Of Bankruptcy

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 Japan Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Japan Alphadex , and the less return is expected.

Japan Alphadex Currency Exposure (%)

Top Japan Alphadex Constituents

Japan Alphadex Target Price Odds Analysis

What are Japan Alphadex's target price odds to finish over the current price? Contingent on a normal probability distribution, the odds of Japan Alphadex jumping above the current price in 90 days from now is about 66.47%. The Japan Alphadex probability density function shows the probability of Japan Alphadex etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Japan Alphadex has a beta of 0.4826. This usually indicates as returns on the market go up, Japan Alphadex average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Japan Alphadex will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Japan Alphadex is significantly underperforming DOW.
  Odds Below 45.75HorizonTargetOdds Above 45.75
33.25%90 days
 45.75 
66.47%
Based on a normal probability distribution, the odds of Japan Alphadex to move above the current price in 90 days from now is about 66.47 (This Japan Alphadex probability density function shows the probability of Japan Etf to fall within a particular range of prices over 90 days) .

Japan Alphadex Major Institutional Holders

Institutional Holdings refers to the ownership stake in Japan Alphadex that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Japan Alphadex's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Japan Alphadex's value.
InstituionSecurity TypeTotal SharesValue
Morgan StanleyFund Units367.1 K18.1 M
View Japan Alphadex Diagnostics

Japan Alphadex Risk Profiles

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

Japan Alphadex Technical Analysis

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

Picking the right benchmark for Japan Alphadex 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 Japan Alphadex 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 Japan Alphadex is critical whether you are bullish or bearish towards Japan Alphadex at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Japan Alphadex 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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Investing Japan Alphadex

You need to understand the risk of investing before taking a position in Japan Alphadex. The danger of trading Japan Alphadex 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 Japan Alphadex 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 Japan Alphadex. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Japan Alphadex 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.
Please check Investing Opportunities. Note that the Japan Alphadex information on this page should be used as a complementary analysis to other Japan Alphadex'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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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When running Japan Alphadex price analysis, check to measure Japan Alphadex'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 Japan Alphadex is operating at the current time. Most of Japan Alphadex's value examination focuses on studying past and present price action to predict the probability of Japan Alphadex's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Japan Alphadex's price. Additionally, you may evaluate how the addition of Japan Alphadex to your portfolios can decrease your overall portfolio volatility.
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The market value of Japan Alphadex is measured differently than its book value, which is the value of Japan that is recorded on the company's balance sheet. Investors also form their own opinion of Japan Alphadex's value that differs from its market value or its book value, called intrinsic value, which is Japan Alphadex'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 Japan Alphadex's market value can be influenced by many factors that don't directly affect Japan Alphadex'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 Japan Alphadex's value and its price as these two are different measures arrived at by different means. Investors typically determine Japan Alphadex value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Japan Alphadex'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.