First Trust Smid Etf Key Fundamental Indicators
| FSGS Etf | 30.64 0.02 0.07% |
As of the 4th of February, First Trust shows the Mean Deviation of 0.6858, downside deviation of 0.8889, and Coefficient Of Variation of 3043.57. First Trust SMID technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Please confirm First Trust SMID variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if First Trust SMID is priced favorably, providing market reflects its regular price of 30.64 per share.
First Trust's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing First Trust's valuation are provided below:First Trust SMID does not presently have any fundamental signals for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Investors evaluate First Trust SMID using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating First Trust's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause First Trust's market price to deviate significantly 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. Conversely, First Trust's market price signifies the transaction level at which participants voluntarily complete trades.
First Trust 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to First Trust's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of First Trust.
| 11/06/2025 |
| 02/04/2026 |
If you would invest 0.00 in First Trust on November 6, 2025 and sell it all today you would earn a total of 0.00 from holding First Trust SMID or generate 0.0% return on investment in First Trust over 90 days. First Trust is related to or competes with First Trust, WBI BullBear, ProShares Ultra, Strategy Shares, Nushares ETF, Global X, and JP Morgan. More
First Trust Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure First Trust's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess First Trust SMID upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8889 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 4.27 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 1.56 |
First Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Trust's standard deviation. In reality, there are many statistical measures that can use First Trust historical prices to predict the future First Trust's volatility.| Risk Adjusted Performance | 0.0259 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0204 |
First Trust February 4, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0259 | |||
| Market Risk Adjusted Performance | 0.0304 | |||
| Mean Deviation | 0.6858 | |||
| Semi Deviation | 0.856 | |||
| Downside Deviation | 0.8889 | |||
| Coefficient Of Variation | 3043.57 | |||
| Standard Deviation | 0.8898 | |||
| Variance | 0.7918 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0204 | |||
| Maximum Drawdown | 4.27 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 1.56 | |||
| Downside Variance | 0.7901 | |||
| Semi Variance | 0.7327 | |||
| Expected Short fall | (0.70) | |||
| Skewness | 0.0822 | |||
| Kurtosis | 0.4416 |
First Trust SMID Backtested Returns
Currently, First Trust SMID is very steady. First Trust SMID secures Sharpe Ratio (or Efficiency) of 0.0329, which denotes the etf had a 0.0329 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First Trust SMID, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Mean Deviation of 0.6858, coefficient of variation of 3043.57, and Downside Deviation of 0.8889 to check if the risk estimate we provide is consistent with the expected return of 0.0292%. The etf shows a Beta (market volatility) of 0.94, which means possible diversification benefits within a given portfolio. First Trust returns are very sensitive to returns on the market. As the market goes up or down, First Trust is expected to follow.
Auto-correlation | 0.22 |
Weak predictability
First Trust SMID has weak predictability. Overlapping area represents the amount of predictability between First Trust time series from 6th of November 2025 to 21st of December 2025 and 21st of December 2025 to 4th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First Trust SMID price movement. The serial correlation of 0.22 indicates that over 22.0% of current First Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
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.
| Competition |
In accordance with the recently published financial statements, First Trust SMID has a Beta of 1.13. This is much higher than that of the family and significantly higher than that of the Small Value category. The beta for all United States etfs is notably lower than that of the firm.
First Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Trust's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of First Trust could also be used in its relative valuation, which is a method of valuing First Trust by comparing valuation metrics of similar companies.First Trust is currently under evaluation in beta as compared to similar ETFs.
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 SMID 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 1.33 of One Year Return per Beta. Comparative valuation analysis is a catch-all technique that is used if you cannot value First Trust by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.First Trust returns are very sensitive to returns on the market. As the market goes up or down, First Trust is expected to follow.
First Fundamentals
| Beta | 1.13 | |||
| One Year Return | 1.50 % | |||
| Three Year Return | 4.90 % | |||
| Five Year Return | 6.50 % |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust SMID's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Trust using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Trust SMID based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
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Investors evaluate First Trust SMID using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating First Trust's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause First Trust's market price to deviate significantly 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. Conversely, First Trust's market price signifies the transaction level at which participants voluntarily complete trades.