First Etf Buy Hold or Sell Recommendation

FTA
 Etf
  

USD 67.63  0.46  0.68%   

Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding First Trust Large is 'Hold'. Macroaxis provides First Trust buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FTA positions. The advice algorithm takes into account all of First Trust's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from First Trust's buy-and-hold perspective. Please check First Trust Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual funds such as First and provide practical buy, sell, or hold recommendation based on selected investing horizon and risk tolerance towards First Trust Large.

Execute First Trust Buy or Sell Advice

The First recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on First Trust Large. Macroaxis does not own or have any residual interests in First Trust Large or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute First Trust's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell First TrustBuy First Trust
Hold

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Not Available
Details
For the selected time horizon First Trust Large has a Risk Adjusted Performance of 0.0819, Jensen Alpha of 0.0183, Total Risk Alpha of 0.0172, Sortino Ratio of 0.0167 and Treynor Ratio of 0.0732
Macroaxis provides unbiased investment recommendation on First Trust Large that should be used to complement current analysts and expert consensus on First Trust Large. Our trade advice engine determines the etf's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. Please use First Trust total asset, as well as the relationship between the five year return and last dividend paid to make buy, hold, or sell decision on First Trust Large.

First Trust Trading Alerts and Improvement Suggestions

The fund retains 99.38% of its assets under management (AUM) in equities

First Trust Returns Distribution Density

The distribution of First Trust's historical returns is an attempt to chart the uncertainty of First Trust's future price movements. The chart of the probability distribution of First Trust stock daily returns describes the distribution of returns around its average expected value. We use First Trust Large price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of First Trust returns is essential to provide solid investment advice for First Trust.
Mean Return0.09Value At Risk-2.09
Potential Upside3.14Standard Deviation1.66
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of First Trust historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

First Trust Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to First Trust or First Trust sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that First Trust's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a First etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.018252
β
Beta against NYSE Composite1.10
σ
Overall volatility
1.68
Ir
Information ratio 0.0143

First Trust Volatility Alert

First Trust Large has relatively low volatility with skewness of 0.54 and kurtosis of 0.66. However, we advise all investors to independently investigate First Trust Large to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure First Trust's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact First Trust's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

First Trust Fundamentals Vs Peers

Comparing First Trust's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze First Trust's direct or indirect competition across all of the common fundamentals between First Trust and the related equities. This way, we can detect undervalued stocks with similar characteristics as First Trust or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of First Trust's fundamental indicators could also be used in its relative valuation, which is a method of valuing First Trust by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare First Trust to competition
FundamentalsFirst TrustPeer Average
Price to Earning13.46 X3.15 X
Price to Book1.58 X0.39 X
Price to Sales0.95 X0.33 X
One Year Return(5.69) %(0.97) %
Three Year Return8.44 %3.23 %
Five Year Return6.18 %1.12 %
Ten Year Return9.92 %1.20 %
Net Asset1.01 B2.29 B
Last Dividend Paid0.180.14
Equity Positions Weight99.38 %52.82 %

About First Trust Buy or Sell Advice

When is the right time to buy or sell First Trust Large? Buying financial instruments such as First Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having First Trust in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Market Neutral Thematic Idea Now

Market Neutral
Market Neutral Theme
Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. The Market Neutral theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Market Neutral Theme or any other thematic opportunities.
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Please check First Trust Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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The market value of First Trust Large 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.