First Trust Financial Statements From 2010 to 2026
| FSR Etf | CAD 36.96 0.70 1.93% |
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.
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First Trust Morningstar ETF Beta Analysis
First Trust's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current First Trust Beta | 1.06 |
Most of First Trust's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Trust Morningstar is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, First Trust Morningstar has a Beta of 1.06. This is much higher than that of the FT Portfolios Canada Co family and significantly higher than that of the U.S. Dividend & Income Equity category. The beta for all Canada etfs is notably lower than that of the firm.
About First Trust Financial Statements
First Trust investors utilize fundamental indicators, such as revenue or net income, to predict how First Etf might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
The First Trust ETF seeks to replicate, to the extent possible, the performance of a total return U.S. equities industry sector rotational index, net of expenses. FT DW is traded on Toronto Stock Exchange in Canada.
Check out the analysis of First Trust Correlation against competitors. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.