First Trust Senior Etf Net Income
| FSL Etf | CAD 16.33 0.04 0.25% |
As of the 3rd of February, First Trust shows the Downside Deviation of 0.383, mean deviation of 0.1576, and Coefficient Of Variation of 2833.63. First Trust Senior 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.
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 Senior 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. First |
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.
| 11/05/2025 |
| 02/03/2026 |
If you would invest 0.00 in First Trust on November 5, 2025 and sell it all today you would earn a total of 0.00 from holding First Trust Senior or generate 0.0% return on investment in First Trust over 90 days. First Trust is related to or competes with Global X, Hamilton Global, BMO MSCI, Global X, Harvest Travel, Harvest Equal, and Global X. First Trust Senior Loan ETF seeks to provide Unitholders with a high level of current income by investing primarily in a... 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 Senior upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.383 | |||
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 2.32 | |||
| Value At Risk | (0.37) | |||
| Potential Upside | 0.3066 |
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 | 0.0117 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0104 |
First Trust February 3, 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 | 0.0117 | |||
| Market Risk Adjusted Performance | 0.0204 | |||
| Mean Deviation | 0.1576 | |||
| Semi Deviation | 0.2312 | |||
| Downside Deviation | 0.383 | |||
| Coefficient Of Variation | 2833.63 | |||
| Standard Deviation | 0.303 | |||
| Variance | 0.0918 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | 0.0104 | |||
| Maximum Drawdown | 2.32 | |||
| Value At Risk | (0.37) | |||
| Potential Upside | 0.3066 | |||
| Downside Variance | 0.1467 | |||
| Semi Variance | 0.0534 | |||
| Expected Short fall | (0.23) | |||
| Skewness | 0.5752 | |||
| Kurtosis | 7.68 |
First Trust Senior Backtested Returns
As of now, First Etf is very steady. First Trust Senior secures Sharpe Ratio (or Efficiency) of 0.0303, which denotes the etf had a 0.0303 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for First Trust Senior, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Coefficient Of Variation of 2833.63, mean deviation of 0.1576, and Downside Deviation of 0.383 to check if the risk estimate we provide is consistent with the expected return of 0.0096%. The etf shows a Beta (market volatility) of 0.0669, which means not very significant fluctuations relative to the market. As returns on the market increase, First Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Trust is expected to be smaller as well.
Auto-correlation | 0.03 |
Virtually no predictability
First Trust Senior has virtually no predictability. Overlapping area represents the amount of predictability between First Trust time series from 5th of November 2025 to 20th of December 2025 and 20th of December 2025 to 3rd 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 Senior price movement. The serial correlation of 0.03 indicates that only 3.0% of current First Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, First Trust Senior reported net income of 0.0. This indicator is about the same for the FT Portfolios Canada Co average (which is currently at 0.0) family and about the same as Floating Rate Loans (which currently averages 0.0) category. This indicator is about the same for all Canada etfs average (which is currently at 0.0).
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 Senior is one of the top ETFs in annual yield as compared to similar ETFs. It also is one of the top ETFs in one year return as compared to similar ETFs reporting about 66.79 of One Year Return per Annual Yield. Comparative valuation analysis is a catch-all model that can be used if you cannot value First Trust by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First Trust's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Fund Asset Allocation for First Trust
.Asset allocation divides First Trust's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors for a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will manage securities in the fund's portfolio as market conditions and the fund's objectives change.
First Fundamentals
| Total Asset | 61.18 M | |||
| Annual Yield | 0.05 % | |||
| One Year Return | 3.60 % | |||
| Three Year Return | 6.60 % | |||
| Five Year Return | 4.10 % | |||
| Ten Year Return | 3.80 % | |||
| Net Asset | 61.18 M | |||
| Last Dividend Paid | 0.07 | |||
| Bond Positions Weight | 48.56 % |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust Senior'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 Senior 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.
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 against First Etf
| 0.79 | HXD | BetaPro SPTSX 60 | PairCorr |
| 0.54 | IFRF | IA Clarington Floating | PairCorr |
| 0.45 | HIU | BetaPro SP 500 | PairCorr |
| 0.43 | HED | BetaPro SPTSX Capped | PairCorr |
| 0.43 | HBLK | Blockchain Technologies | PairCorr |
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 Senior 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 Senior 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust Senior. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.