FXO Stock Summary and Trading Ideas (First Trust Financials Alphadex | ARCA:FXO)

The First Trust Financials AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield before fees and expenses of an equity index called the StrataQuant Financials Index.

First Trust Financials Alphadex trades on the ARCA stock market under the symbol FXO.

As of May 3, 2024, FXO stock price climbed to $46.01 with 37,831 million shares trading.

FXO has a beta of 1.08, meaning it tends to be more sensitive to market movements. FXO has a correlation of 0.45 to the broad based SPY ETF.

FXO has a market cap of $853.49 million. This is considered a Small Cap stock.

In the last 3 years, FXO stock traded as high as $48.99 and as low as $32.92.

FXO has outperformed the market in the last year with a return of +35.0%, while the SPY ETF gained +27.0%. In the last 3 month period, FXO beat the market returning +6.3%, while SPY returned +3.7%. However, in the most recent 2 weeks FXO has underperformed the stock market by returning +2.6%, while SPY returned +3.3%.

FXO support price is $45.28 and resistance is $46.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FXO stock will trade within this expected range on the day.