First Trust Exchange Traded Etf Market Value
| DMAY Etf | USD 45.51 0.03 0.07% |
| Symbol | First |
The market value of First Trust Exchange is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between First Trust's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding First Trust should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, First Trust's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.
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.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in First Trust on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding First Trust Exchange Traded or generate 0.0% return on investment in First Trust over 90 days. First Trust is related to or competes with First Trust, FT Cboe, FT Cboe, First Trust, Innovator, FT Cboe, and First Trust. Under normal market conditions, the fund will invest substantially all of its assets in FLexible EXchange Options that r... 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 Exchange Traded upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2762 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 1.4 | |||
| Value At Risk | (0.34) | |||
| Potential Upside | 0.3862 |
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 | 0.0854 | |||
| Jensen Alpha | 0.0128 | |||
| Total Risk Alpha | 0.0079 | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.1056 |
First Trust January 29, 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 | 0.0854 | |||
| Market Risk Adjusted Performance | 0.1156 | |||
| Mean Deviation | 0.1691 | |||
| Semi Deviation | 0.1357 | |||
| Downside Deviation | 0.2762 | |||
| Coefficient Of Variation | 687.07 | |||
| Standard Deviation | 0.2395 | |||
| Variance | 0.0574 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | 0.0128 | |||
| Total Risk Alpha | 0.0079 | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.1056 | |||
| Maximum Drawdown | 1.4 | |||
| Value At Risk | (0.34) | |||
| Potential Upside | 0.3862 | |||
| Downside Variance | 0.0763 | |||
| Semi Variance | 0.0184 | |||
| Expected Short fall | (0.19) | |||
| Skewness | (0.32) | |||
| Kurtosis | 1.82 |
First Trust Exchange Backtested Returns
At this stage we consider First Etf to be very steady. First Trust Exchange secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the etf had a 0.15 % return per unit of risk over the last 3 months. We have found thirty technical indicators for First Trust Exchange Traded, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Downside Deviation of 0.2762, mean deviation of 0.1691, and Coefficient Of Variation of 687.07 to check if the risk estimate we provide is consistent with the expected return of 0.0349%. The etf shows a Beta (market volatility) of 0.24, 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 | 0.40 |
Average predictability
First Trust Exchange Traded has average predictability. Overlapping area represents the amount of predictability between First Trust time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th 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 Exchange price movement. The serial correlation of 0.4 indicates that just about 40.0% of current First Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
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Check out First Trust Correlation, First Trust Volatility and First Trust Performance module to complement your research on First Trust. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
First Trust technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.