FT Innovation Etf Profile

ILDR
 Etf
  

USD 16.47  0.08  0.49%   

Market Performance
0 of 100
Odds Of Distress
Over 69
FT Innovation is selling at 16.47 as of the 7th of August 2022; that is 0.49% increase since the beginning of the trading day. The etf's lowest day price was 16.42. FT Innovation 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 FT Innovation Leaders are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of August 2020 and ending today, the 7th of August 2022. Click here to learn more.
Under normal market conditions, the fund will invest at least 80 percent of its net assets in common stock and depository receipts issued by U.S. and non-U.S. companies that may benefit from the development or application of scientific and technological innovation. More on FT Innovation Leaders

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FT Innovation 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. FT Innovation's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding FT Innovation or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
FT Innovation has high likelihood to experience some financial distress in the next 2 years
The fund retains 98.51% 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 FT Innovation's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
IssuerFirst Trust
DescriptionFirst Trust Innovation Leaders ETF
Inception Date2021-05-25
Entity TypeRegulated Investment Company
Asset Under Management3.23 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationBlended Development
RegionGlobal
AdministratorThe Bank of New York Mellon Corporation
AdvisorFirst Trust Advisors L.P.
CustodianThe Bank of New York Mellon Corporation
DistributorFirst Trust Portfolios L.P.
Portfolio ManagerBob Hensley, David McGarel, Chris Peterson, Jared Wollen
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents81.0
Market MakerFlow Traders
Total Expense0.75
Management Fee0.75
Nav Price16.35
Two Hundred Day Average18.21
Ytd-29.18%
Average Daily Volume In Three Month2.28k
Fifty Two Week Low13.11
As Of Date1st of August 2022
Average Daily Volume Last 10 Day710
Fifty Two Week High23.8
One Month10.24%
Fifty Day Average14.56
Three Month-2.10%
FT Innovation Leaders [ILDR] is traded in USA and was established 2021-05-25. The fund is listed under Technology category and is part of First Trust family. The entity is thematically classified as Tech Funds. FT Innovation Leaders currently have 2.76 M in assets under management (AUM). , while the total return for the last year was -29.91%.
Check FT Innovation 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 FT Innovation Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding FT Innovation 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 FT Innovation Leaders 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.

FT Innovation Leaders Currency Exposure (%)

Top FT Innovation Leaders Constituents

FT Innovation Target Price Odds Analysis

What are FT Innovation's target price odds to finish over the current price? In regard to a normal probability distribution, the odds of FT Innovation jumping above the current price in 90 days from now is near 1%. The FT Innovation Leaders probability density function shows the probability of FT Innovation 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 1.6694. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, FT Innovation will likely underperform. Additionally, the company has an alpha of 0.0898, implying that it can generate a 0.0898 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 16.47HorizonTargetOdds Above 16.47
99.28%90 days
 16.47 
0.71%
Based on a normal probability distribution, the odds of FT Innovation to move above the current price in 90 days from now is near 1 (This FT Innovation Leaders probability density function shows the probability of FT Innovation Etf to fall within a particular range of prices over 90 days) .

FT Innovation Major Institutional Holders

Institutional Holdings refers to the ownership stake in FT Innovation that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of FT Innovation'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 FT Innovation's value.
InstituionSecurity TypeTotal SharesValue
Creative Financial Designs IncFund Units170K
View FT Innovation Diagnostics

FT Innovation Leaders Risk Profiles

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

FT Innovation Leaders Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. FT Innovation Tangent Of Price Series is a trigonometric price transformation method
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FT Innovation Against Markets

Picking the right benchmark for FT Innovation 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 Innovation 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 Innovation is critical whether you are bullish or bearish towards FT Innovation Leaders at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in FT Innovation 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 FT Innovation Leaders?

You need to understand the risk of investing before taking a position in FT Innovation. The danger of trading FT Innovation Leaders 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 Innovation 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 Innovation. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile FT Innovation Leaders 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 see Risk vs Return Analysis. Note that the FT Innovation Leaders information on this page should be used as a complementary analysis to other FT Innovation'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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for FT Innovation Etf analysis

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