First Trust Short Etf Key Fundamental Indicators
| FSMB Etf | USD 20.16 0.01 0.05% |
As of the 6th of February, First Trust shows the Coefficient Of Variation of 316.44, mean deviation of 0.0622, and Standard Deviation of 0.0817. First Trust Short 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 Short 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 Trust Short's market price often diverges from its book value, the accounting figure shown on First's balance sheet. Smart investors calculate First Trust's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since First Trust's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental 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.
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.
| 11/08/2025 |
| 02/06/2026 |
If you would invest 0.00 in First Trust on November 8, 2025 and sell it all today you would earn a total of 0.00 from holding First Trust Short or generate 0.0% return on investment in First Trust over 90 days. First Trust is related to or competes with American Century, Columbia Multi, Dimensional ETF, Elm Market, Direxion Daily, ETC 6, and ProShares UltraShort. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80 percent of i... 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 Short upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.0994 | |||
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 0.453 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.1498 |
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 | 0.1555 | |||
| Jensen Alpha | 0.0153 | |||
| Total Risk Alpha | 0.012 | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | 1.04 |
First Trust February 6, 2026 Technical Indicators
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| Volume Indicators |
| Risk Adjusted Performance | 0.1555 | |||
| Market Risk Adjusted Performance | 1.05 | |||
| Mean Deviation | 0.0622 | |||
| Downside Deviation | 0.0994 | |||
| Coefficient Of Variation | 316.44 | |||
| Standard Deviation | 0.0817 | |||
| Variance | 0.0067 | |||
| Information Ratio | (0.24) | |||
| Jensen Alpha | 0.0153 | |||
| Total Risk Alpha | 0.012 | |||
| Sortino Ratio | (0.19) | |||
| Treynor Ratio | 1.04 | |||
| Maximum Drawdown | 0.453 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.1498 | |||
| Downside Variance | 0.0099 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.08) | |||
| Skewness | (0.03) | |||
| Kurtosis | 1.27 |
First Trust Short Backtested Returns
At this point, First Trust is very steady. First Trust Short secures Sharpe Ratio (or Efficiency) of 0.3, which denotes the etf had a 0.3 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for First Trust Short, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Coefficient Of Variation of 316.44, standard deviation of 0.0817, and Mean Deviation of 0.0622 to check if the risk estimate we provide is consistent with the expected return of 0.0217%. The etf shows a Beta (market volatility) of 0.0152, 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 | 0.80 |
Very good predictability
First Trust Short has very good predictability. Overlapping area represents the amount of predictability between First Trust time series from 8th of November 2025 to 23rd of December 2025 and 23rd of December 2025 to 6th 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 Short price movement. The serial correlation of 0.8 indicates that around 80.0% of current First Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 Short has a Beta of 0.37. This is much higher than that of the First Trust family and significantly higher than that of the Muni National Short 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 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 11.62 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.Fund Asset Allocation for First Trust
The fund invests most of its asset in various types of exotic instruments. .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.
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.
First Fundamentals
| Number Of Employees | 318 | |||
| Beta | 0.37 | |||
| Total Asset | 359.5 M | |||
| One Year Return | 4.30 % | |||
| Three Year Return | 3.10 % | |||
| Five Year Return | 1.50 % | |||
| Net Asset | 359.5 M | |||
| Last Dividend Paid | 0.033 | |||
| Bond Positions Weight | 0.41 % |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust Short'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 Short 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.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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether First Trust Short offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Trust Short Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust Short Etf:Check out You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
First Trust Short's market price often diverges from its book value, the accounting figure shown on First's balance sheet. Smart investors calculate First Trust's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since First Trust's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental 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.