First Trust California Etf Market Value
| FCAL Etf | USD 49.81 0.05 0.10% |
| Symbol | First |
The market value of First Trust California 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.
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.
| 11/13/2025 |
| 02/11/2026 |
If you would invest 0.00 in First Trust on November 13, 2025 and sell it all today you would earn a total of 0.00 from holding First Trust California or generate 0.0% return on investment in First Trust over 90 days. First Trust is related to or competes with Trust For, Rockefeller Opportunistic, First Trust, Northern Lights, IShares ESG, Invesco Exchange, and AdvisorShares Focused. The fund seeks to achieve its investment objectives by investing at least 80 percent of its net assets in municipal debt... 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 California upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.0938 | |||
| Information Ratio | (0.60) | |||
| Maximum Drawdown | 0.5901 | |||
| Value At Risk | (0.12) | |||
| Potential Upside | 0.2014 |
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 | 0.1546 | |||
| Total Risk Alpha | 0.0082 | |||
| Sortino Ratio | (0.68) |
First Trust February 11, 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 | 0.1546 | |||
| Mean Deviation | 0.083 | |||
| Downside Deviation | 0.0938 | |||
| Coefficient Of Variation | 364.29 | |||
| Standard Deviation | 0.1065 | |||
| Variance | 0.0113 | |||
| Information Ratio | (0.60) | |||
| Total Risk Alpha | 0.0082 | |||
| Sortino Ratio | (0.68) | |||
| Maximum Drawdown | 0.5901 | |||
| Value At Risk | (0.12) | |||
| Potential Upside | 0.2014 | |||
| Downside Variance | 0.0088 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.11) | |||
| Skewness | 0.3642 | |||
| Kurtosis | 0.8915 |
First Trust California Backtested Returns
As of now, First Etf is very steady. First Trust California secures Sharpe Ratio (or Efficiency) of 0.27, which denotes the etf had a 0.27 % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for First Trust California, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Variance of 0.0113, downside deviation of 0.0938, and Standard Deviation of 0.1065 to check if the risk estimate we provide is consistent with the expected return of 0.0281%. The etf shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and First Trust are completely uncorrelated.
Auto-correlation | 0.42 |
Average predictability
First Trust California has average predictability. Overlapping area represents the amount of predictability between First Trust time series from 13th of November 2025 to 28th of December 2025 and 28th of December 2025 to 11th 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 California price movement. The serial correlation of 0.42 indicates that just about 42.0% of current First Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
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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.