First Asset Canadian Etf Performance
| FDL Etf | 38.06 0.02 0.05% |
The etf shows a Beta (market volatility) of 0.25, which means not very significant fluctuations relative to the market. As returns on the market increase, First Asset's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Asset is expected to be smaller as well.
Risk-Adjusted Performance
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Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in First Asset Canadian are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating essential indicators, First Asset may actually be approaching a critical reversion point that can send shares even higher in March 2026. ...more
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First Asset Relative Risk vs. Return Landscape
If you would invest 3,456 in First Asset Canadian on October 31, 2025 and sell it today you would earn a total of 350.00 from holding First Asset Canadian or generate 10.13% return on investment over 90 days. First Asset Canadian is generating 0.1589% of daily returns assuming 0.7999% volatility of returns over the 90 days investment horizon. Simply put, 7% of all etfs have less volatile historical return distribution than First Asset, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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First Asset Target Price Odds to finish over Current Price
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 Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 38.06 | 90 days | 38.06 | under 4 |
Based on a normal probability distribution, the odds of First Asset to move above the current price in 90 days from now is under 4 (This First Asset Canadian 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 Asset has a beta of 0.25. This usually indicates as returns on the market go up, First Asset average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding First Asset Canadian will be expected to be much smaller as well. Additionally First Asset Canadian has an alpha of 0.136, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). First Asset Price Density |
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Predictive Modules for First Asset
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 Asset Canadian. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf 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.First Asset Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. First Asset is not an exception. The market had few large corrections towards the First Asset'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 Asset Canadian, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of First Asset within the framework of very fundamental risk indicators.About First Asset Performance
By examining First Asset's fundamental ratios, stakeholders can obtain critical insights into First Asset's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that First Asset is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.