First Trust Standard Deviation
| FAAR ETF | | | USD 33.94 -0.10 -0.29% |
The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities. Below is First Trust's current Standard Deviation with peer comparisons and related risk metrics.
Current Standard Deviation Value
At 1.04, First Trust exhibits moderate price variability in Standard Deviation. This places First Trust within the typical volatility range for ETF.
Standard Deviation | = | SQRT(V) |
| = | 1.04 | |
Standard Deviation Peers Comparison
The peer group averages 1.42 for Standard Deviation, with First Trust at 1.04 falling below that level. Readings span 0.1626 (Touchstone ETF Trust) to 4.74 (ProShares Trust). First Trust has exhibited less price dispersion than the peer average over the measured period.
Standard Deviation Relative To Other Indicators
The chart below plots Standard Deviation against Maximum Drawdown for First Trust and its peers. Each point represents one equity — position along the horizontal axis shows Standard Deviation while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
First Trust's Standard Deviation reads
1.04 while Maximum Drawdown reads
6.30 , a
6.06 ratio between the two. This indicates Maximum Drawdown substantially exceeds Standard Deviation for First Trust.
Methodology, Assumptions & Data Sources
First Trust has a current Standard Deviation reading of 1.04. The Standard Deviation for First Trust applies a standardized calculation to daily closing prices and, where applicable, volume data across the selected period. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
Other Technical Indicators