(AFLG) First Trust Active Factor - Ratings and Ratios

The First Trust Active Factor Large Cap ETF (AFLG) is an actively managed exchange-traded fund designed to track the performance of large-capitalization U.S. equities. Under normal market conditions, the fund will allocate at least 80% of its net assets (including investment borrowings) to U.S.-listed equity securities issued by large-cap companies. The fund defines large-cap companies as those with a market capitalization equal to or greater than the minimum market capitalization of a widely recognized large-cap index at the time of investment. The funds investment strategy is based on the Goldman Sachs ActiveBeta US Large Cap Index, which incorporates a multi-factor approach to identify companies with strong growth potential and stable earnings.

As of the latest data, the fund has an average 20-day volume of 89,223 shares, with a last price of $34.70. The funds assets under management (AUM) total $195.66M. The funds short-term moving averages (SMA 20 and SMA 50) are slightly above its current price, while its long-term SMA 200 is below, indicating potential bearish momentum. The Average True Range (ATR) of 0.40 suggests low volatility in recent trading sessions.

The funds portfolio is diversified across sectors, with a focus on large-cap companies that demonstrate strong financial health, profitability, and growth prospects. The funds active management approach allows it to adjust its holdings dynamically in response to changing market conditions, with the goal of optimizing returns while managing risk. The funds investment strategy emphasizes a balance between growth and value factors, aiming to outperform its benchmark index over the long term.

Three-Month Forecast:

Technical Outlook: The funds price is currently below its SMA 20 and SMA 50, indicating bearish momentum in the short term. However, the SMA 200 is rising, suggesting potential long-term support. If the price breaks above the SMA 20 and SMA 50, it could signal a reversal. The ATR of 0.40 indicates low volatility, which may limit significant price swings in the near term.

Fundamental Outlook: The funds AUM of $195.66M reflects its established presence in the market, with a track record of attracting institutional and retail investors. The funds focus on large-cap equities provides stability, as these companies typically have stronger balance sheets and more predictable earnings. However, the funds performance will depend on the broader market trends and the effectiveness of its active management strategy in navigating potential economic headwinds.