First Trust Financial Statements From 2010 to 2026
| AIRR Etf | USD 112.89 0.40 0.35% |
Check First Trust financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Trust's main balance sheet or income statement drivers, such as , as well as many indicators such as . First financial statements analysis is a perfect complement when working with First Trust Valuation or Volatility modules.
This module can also supplement First Trust's financial leverage analysis and stock options assessment as well as various First Trust Technical models . Check out the analysis of First Trust Correlation against competitors. Pair Trading with First Trust
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Trust position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Trust will appreciate offsetting losses from the drop in the long position's value.Moving together with First Etf
| 0.98 | XLI | Industrial Select Sector | PairCorr |
| 0.79 | DRVN | Driven Brands Holdings | PairCorr |
| 0.9 | ITA | iShares Aerospace Defense | PairCorr |
| 0.96 | VIS | Vanguard Industrials | PairCorr |
| 0.72 | JETS | US Global Jets | PairCorr |
Moving against First Etf
The ability to find closely correlated positions to First Trust could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Trust when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Trust - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Trust RBA to buy it.
The correlation of First Trust is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Trust moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Trust RBA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Trust can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of First Trust Correlation against competitors. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Understanding First Trust RBA requires distinguishing between market price and book value, where the latter reflects First's accounting equity. The concept of intrinsic value—what First Trust's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Market sentiment, economic cycles, and investor behavior can push First Trust's price substantially above or below its fundamental value.
Understanding that First Trust's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether First Trust represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, First Trust's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.