First Trust Financials
| FSMB Etf | USD 20.11 0.01 0.05% |
The data published in First Trust's official financial statements typically reflect First Trust's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving First Trust's quantitative information. For example, before you start analyzing numbers published by First accountants, it's essential to understand First Trust's liquidity, profitability, and earnings quality within the context of the First Trust space in which it operates.
Please note, the presentation of First Trust's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Trust's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of First Trust's management manipulating its earnings.
First Trust Etf Summary
First Trust competes with American Century, Columbia Multi, Dimensional ETF, Elm Market, and Direxion Daily. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80 percent of its net assets in municipal debt securities that pay interest that is exempt from regular federal income taxes. Short Duration is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US33739P8308 |
| Region | North America |
| Investment Issuer | First Trust |
| Etf Family | First Trust |
| Fund Category | Municipals |
| Portfolio Concentration | Broad Municipals |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
First Trust Key Financial Ratios
First Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining First Trust's current stock value. Our valuation model uses many indicators to compare First Trust value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Trust competition to find correlations between indicators driving First Trust's intrinsic value. More Info.First Trust Short is one of the top ETFs in beta as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about 10.81 of One Year Return per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Trust's earnings, one of the primary drivers of an investment's value.About First Trust Financials
What exactly are First Trust Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include First Trust's income statement, its balance sheet, and the statement of cash flows. Potential First Trust investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although First Trust investors may use each financial statement separately, they are all related. The changes in First Trust's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Trust's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.First Trust Thematic Clasifications
First Trust Short is part of several thematic ideas from Broad Municipals ETFs to Municipals ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasFirst Trust January 9, 2026 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of First Trust help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of First Trust Short. We use our internally-developed statistical techniques to arrive at the intrinsic value of First Trust Short based on widely used predictive technical indicators. In general, we focus on analyzing First Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Trust's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.1136 | |||
| Information Ratio | (0.71) | |||
| Maximum Drawdown | 0.4522 | |||
| Value At Risk | (0.15) | |||
| Potential Upside | 0.1508 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Short. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of First Trust Short is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.