First Trust Canadian Etf Net Asset
| FST Etf | CAD 74.25 0.13 0.17% |
As of the 27th of January, First Trust shows the Mean Deviation of 0.5349, downside deviation of 0.8051, and Coefficient Of Variation of 675.27. First Trust Canadian 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 Canadian 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.
| 10/29/2025 |
| 01/27/2026 |
If you would invest 0.00 in First Trust on October 29, 2025 and sell it all today you would earn a total of 0.00 from holding First Trust Canadian or generate 0.0% return on investment in First Trust over 90 days. First Trust is related to or competes with IShares ESG, IShares MSCI, Invesco RAFI, Desjardins, Purpose Core, CI Gold, and Fidelity Value. The First Trust ETF seeks to achieve its investment objective by investing in securities of issuers that are based in Ca... 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 Canadian upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8051 | |||
| Information Ratio | 0.0357 | |||
| Maximum Drawdown | 3.54 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 1.28 |
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 | 0.1085 | |||
| Jensen Alpha | 0.0827 | |||
| Total Risk Alpha | 0.027 | |||
| Sortino Ratio | 0.032 | |||
| Treynor Ratio | 0.4896 |
First Trust January 27, 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 | 0.1085 | |||
| Market Risk Adjusted Performance | 0.4996 | |||
| Mean Deviation | 0.5349 | |||
| Semi Deviation | 0.5326 | |||
| Downside Deviation | 0.8051 | |||
| Coefficient Of Variation | 675.27 | |||
| Standard Deviation | 0.7204 | |||
| Variance | 0.519 | |||
| Information Ratio | 0.0357 | |||
| Jensen Alpha | 0.0827 | |||
| Total Risk Alpha | 0.027 | |||
| Sortino Ratio | 0.032 | |||
| Treynor Ratio | 0.4896 | |||
| Maximum Drawdown | 3.54 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 1.28 | |||
| Downside Variance | 0.6481 | |||
| Semi Variance | 0.2836 | |||
| Expected Short fall | (0.55) | |||
| Skewness | (0.11) | |||
| Kurtosis | 0.4601 |
First Trust Canadian Backtested Returns
As of now, First Etf is very steady. First Trust Canadian secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the etf had a 0.18 % return per unit of risk over the last 3 months. We have found thirty technical indicators for First Trust Canadian, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Coefficient Of Variation of 675.27, mean deviation of 0.5349, and Downside Deviation of 0.8051 to check if the risk estimate we provide is consistent with the expected return of 0.13%. The etf shows a Beta (market volatility) of 0.2, 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 | 0.65 |
Good predictability
First Trust Canadian has good predictability. Overlapping area represents the amount of predictability between First Trust time series from 29th of October 2025 to 13th of December 2025 and 13th of December 2025 to 27th of January 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 Canadian price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current First Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 1.97 |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
| Competition |
Based on the recorded statements, First Trust Canadian has a Net Asset of 68.5 M. This is much higher than that of the Oil, Gas & Consumable Fuels family and significantly higher than that of the Canadian Equity category. The net asset for all Canada etfs is notably lower than that of the firm.
First Net Asset 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 Net Asset 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 net asset 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 Canadian is rated # 2 ETF in beta as compared to similar ETFs. It also is rated # 2 ETF in annual yield as compared to similar ETFs fabricating about 0.02 of Annual Yield per Beta. The ratio of Beta to Annual Yield for First Trust Canadian is roughly 65.69 . 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
The fund invests 99.79% of asset under management in tradable equity instruments, with the rest of investments concentrated 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 to buy 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 buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
First Fundamentals
| Beta | 0.9 | |||
| Total Asset | 68.5 M | |||
| Annual Yield | 0.01 % | |||
| One Year Return | 30.20 % | |||
| Three Year Return | 21.60 % | |||
| Five Year Return | 18.30 % | |||
| Net Asset | 68.5 M | |||
| Last Dividend Paid | 0.16 | |||
| Equity Positions Weight | 99.79 % |
About First Trust Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Trust Canadian'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 Canadian 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 together with First Etf
| 0.76 | XIU | iShares SPTSX 60 | PairCorr |
| 0.77 | XIC | iShares Core SPTSX | PairCorr |
| 0.77 | ZCN | BMO SPTSX Capped | PairCorr |
| 0.98 | VCN | Vanguard FTSE Canada | PairCorr |
| 0.97 | HXT | Global X SPTSX | PairCorr |
Moving against First Etf
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 Canadian 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 Canadian 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.Other Information on Investing in First Etf
First Trust financial ratios help investors to determine whether First Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Trust security.