FIRST Etf Probability of Future Etf Price Finishing Over 27.96

QCLN
 Etf
  

CAD 27.96  0.26  0.92%   

FIRST TRUST's future price is the expected price of FIRST TRUST instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of FIRST TRUST NSDQ performance during a given time horizon utilizing its historical volatility.
  
Please see FIRST TRUST Backtesting, Portfolio Optimization, FIRST TRUST Correlation, FIRST TRUST Hype Analysis, FIRST TRUST Volatility, FIRST TRUST History as well as FIRST TRUST Performance. Please specify FIRST TRUST time horizon, a valid symbol (red box) and a target price (blue box) you would like FIRST TRUST odds to be computed.

FIRST TRUST Target Price Odds to finish over 27.96

The tendency of FIRST Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 27.96 90 days 27.96 
about 1.79
Based on a normal probability distribution, the odds of FIRST TRUST to move above the current price in 90 days from now is about 1.79 (This FIRST TRUST NSDQ probability density function shows the probability of FIRST Etf to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon FIRST TRUST has a beta of 0.88 indicating FIRST TRUST NSDQ market returns are very sensitive to returns on the market. As the market goes up or down, FIRST TRUST is expected to follow. Additionally The company has an alpha of 0.3756, implying that it can generate a 0.38 percent excess return over DOW after adjusting for the inherited market risk (beta).
   FIRST TRUST Price Density   
       Price  

Predictive Modules for FIRST TRUST

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FIRST TRUST NSDQ. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of FIRST TRUST's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of FIRST TRUST in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
25.1427.9630.78
Details
Intrinsic
Valuation
LowReal ValueHigh
26.6629.4832.30
Details
Naive
Forecast
LowNext ValueHigh
25.7528.5731.39
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
21.0125.4429.87
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as FIRST TRUST. Your research has to be compared to or analyzed against FIRST TRUST's peers to derive any actionable benefits. When done correctly, FIRST TRUST's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in FIRST TRUST NSDQ.

FIRST TRUST Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. FIRST TRUST is not an exception. The market had few large corrections towards the FIRST TRUST's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold FIRST TRUST NSDQ, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FIRST TRUST within the framework of very fundamental risk indicators.
α
Alpha over DOW
0.38
β
Beta against DOW0.88
σ
Overall volatility
2.10
Ir
Information ratio 0.13

FIRST TRUST Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of FIRST TRUST for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FIRST TRUST NSDQ can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund generated three year return of -1.0%
FIRST TRUST NSDQ maintains 99.85% of its assets in stocks

FIRST TRUST Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of FIRST Etf often depends not only on the future outlook of the current and potential FIRST TRUST's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. FIRST TRUST's indicators that are reflective of the short sentiment are summarized in the table below.
Average Daily Volume Last 10 Day910
Average Daily Volume In Three Month1.67k

FIRST TRUST Technical Analysis

FIRST TRUST's future price can be derived by breaking down and analyzing its technical indicators over time. FIRST Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FIRST TRUST NSDQ. In general, you should focus on analyzing FIRST Etf price patterns and their correlations with different microeconomic environments and drivers.

FIRST TRUST Predictive Forecast Models

FIRST TRUST time-series forecasting models is one of many FIRST TRUST's etf analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary FIRST TRUST's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.

Things to note about FIRST TRUST NSDQ

Checking the ongoing alerts about FIRST TRUST for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FIRST TRUST NSDQ help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

FIRST TRUST Alerts

FIRST TRUST Alerts and Suggestions

The fund generated three year return of -1.0%
FIRST TRUST NSDQ maintains 99.85% of its assets in stocks
Please see FIRST TRUST Backtesting, Portfolio Optimization, FIRST TRUST Correlation, FIRST TRUST Hype Analysis, FIRST TRUST Volatility, FIRST TRUST History as well as FIRST TRUST Performance. 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 Piotroski F Score module to get Piotroski F Score based on binary analysis strategy of nine different fundamentals.

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.