FIRST Etf Profile

QCLN
 Etf
  

CAD 23.39  0.36  1.56%   

Market Performance
0 of 100
Odds Of Distress
Less than 39
FIRST TRUST is selling for 23.39 as of the 28th of June 2022. This is a 1.56% increase since the beginning of the trading day. The etf's open price was 23.03. FIRST TRUST has about a 39 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for FIRST TRUST NSDQ are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of April 2022 and ending today, the 28th of June 2022. Click here to learn more.
FIRST TRUST is traded on Toronto Stock Exchange in Canada. More on FIRST TRUST NSDQ

Moving together with FIRST TRUST

0.76HXSHORIZONS SP 500PairCorr
0.76ZEBBMO EQUAL WEIGHTPairCorr
0.67NUBFNBI UNCONSTRAINED FIXEDPairCorr
0.76HXCNHORIZONS SP TSXPairCorr

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.
FIRST TRUST NSDQ generated a negative expected return over the last 90 days
FIRST TRUST NSDQ has high historical volatility and very poor performance
FIRST TRUST NSDQ generated five year return of -5.0%
This fund maintains 99.91% of its assets in stocks
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 SellOvervalued
Beta In Three Year1.35
As Of Date11th of May 2022
FIRST TRUST NSDQ [QCLN] is traded in Canada and was established 2014-10-29. The fund is listed under FT Portfolios Canada Co family. FIRST TRUST NSDQ at this time have 13.19 M in assets. , while the total return for the last 3 years was -12.37%.
Check FIRST TRUST Probability Of Bankruptcy

FIRST TRUST Target Price Odds Analysis

What are FIRST TRUST's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of FIRST TRUST jumping above the current price in 90 days from now is about 47.46%. The FIRST TRUST NSDQ probability density function shows the probability of FIRST TRUST etf to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon FIRST TRUST NSDQ has a beta of -0.2589 indicating as returns on benchmark increase, returns on holding FIRST TRUST are expected to decrease at a much lower rate. During the bear market, however, FIRST TRUST NSDQ is likely to outperform the market. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. FIRST TRUST NSDQ is significantly underperforming DOW.
  Odds Below 23.39HorizonTargetOdds Above 23.39
52.38%90 days
 23.39 
47.46%
Based on a normal probability distribution, the odds of FIRST TRUST to move above the current price in 90 days from now is about 47.46 (This FIRST TRUST NSDQ probability density function shows the probability of FIRST Etf to fall within a particular range of prices over 90 days) .

FIRST TRUST NSDQ 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 NSDQ Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. FIRST TRUST NSDQ 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 NSDQ 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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Investing FIRST TRUST NSDQ

You need to understand the risk of investing before taking a position in FIRST TRUST. The danger of trading FIRST TRUST NSDQ 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 NSDQ 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 Your Equity Center. Note that the FIRST TRUST NSDQ 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 CEO Directory module to screen CEOs from public companies around the world.

Complementary Tools for FIRST Etf analysis

When running FIRST TRUST NSDQ 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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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.