First Trust Multi Etf Market Value
| FAD Etf | USD 167.53 1.52 0.92% |
| Symbol | First |
The market value of First Trust Multi 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. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. 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.
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. 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.
| 12/05/2025 |
| 03/05/2026 |
If you would invest 0.00 in First Trust on December 5, 2025 and sell it all today you would earn a total of 0.00 from holding First Trust Multi or generate 0.0% return on investment in First Trust over 90 days. First Trust is related to or competes with DBX ETF, CYBER HORNET, IndexIQ Active, ProShares Metaverse, First Trust, American Century, and Advisor Managed. The fund will normally invest at least 90 percent of its net assets in the common stocks that comprise the index 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 Multi upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.08 | |||
| Information Ratio | 0.0202 | |||
| Maximum Drawdown | 5.6 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 1.44 |
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 | 0.049 | |||
| Jensen Alpha | 0.0174 | |||
| Total Risk Alpha | 0.007 | |||
| Sortino Ratio | 0.0201 | |||
| Treynor Ratio | 0.0496 |
First Trust March 5, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
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| Overlap Studies | ||
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| Price Transform | ||
| Statistic Functions | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.049 | |||
| Market Risk Adjusted Performance | 0.0596 | |||
| Mean Deviation | 0.8311 | |||
| Semi Deviation | 0.9625 | |||
| Downside Deviation | 1.08 | |||
| Coefficient Of Variation | 1633.72 | |||
| Standard Deviation | 1.08 | |||
| Variance | 1.16 | |||
| Information Ratio | 0.0202 | |||
| Jensen Alpha | 0.0174 | |||
| Total Risk Alpha | 0.007 | |||
| Sortino Ratio | 0.0201 | |||
| Treynor Ratio | 0.0496 | |||
| Maximum Drawdown | 5.6 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 1.44 | |||
| Downside Variance | 1.17 | |||
| Semi Variance | 0.9264 | |||
| Expected Short fall | (0.85) | |||
| Skewness | 0.2139 | |||
| Kurtosis | 0.8137 |
First Trust Multi Backtested Returns
At this point, First Trust is very steady. First Trust Multi secures Sharpe Ratio (or Efficiency) of 0.044, which denotes the etf had a 0.044 % return per unit of risk over the last 3 months. We have found thirty technical indicators for First Trust Multi, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Downside Deviation of 1.08, coefficient of variation of 1633.72, and Mean Deviation of 0.8311 to check if the risk estimate we provide is consistent with the expected return of 0.0484%. The etf shows a Beta (market volatility) of 1.13, which means a somewhat significant risk relative to the market. First Trust returns are very sensitive to returns on the market. As the market goes up or down, First Trust is expected to follow.
Auto-correlation | 0.09 |
Virtually no predictability
First Trust Multi has virtually no predictability. Overlapping area represents the amount of predictability between First Trust time series from 5th of December 2025 to 19th of January 2026 and 19th of January 2026 to 5th of March 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 Multi price movement. The serial correlation of 0.09 indicates that less than 9.0% of current First Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 3.55 |
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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 Multi is a strong investment it is important to analyze First Trust's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Trust's future performance. For an informed investment choice regarding First Etf, refer to the following important reports: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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.