First Trustconfluence Small Fund Market Value
| FOVCX Fund | USD 17.80 0.45 2.59% |
| Symbol | First |
First Trust/confluence '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/confluence's mutual fund 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/confluence.
| 11/07/2025 |
| 02/05/2026 |
If you would invest 0.00 in First Trust/confluence on November 7, 2025 and sell it all today you would earn a total of 0.00 from holding First Trustconfluence Small or generate 0.0% return on investment in First Trust/confluence over 90 days. First Trust/confluence is related to or competes with Locorr Long/short, Ab Conservative, Transamerica Emerging, T Rowe, Rbc Emerging, Black Oak, and Ab Bond. The fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80 percent of ... More
First Trust/confluence 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/confluence's mutual fund 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 Trustconfluence Small upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8258 | |||
| Information Ratio | 0.1338 | |||
| Maximum Drawdown | 29.68 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 2.51 |
First Trust/confluence Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Trust/confluence's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Trust/confluence's standard deviation. In reality, there are many statistical measures that can use First Trust/confluence historical prices to predict the future First Trust/confluence's volatility.| Risk Adjusted Performance | 0.1196 | |||
| Jensen Alpha | 0.4691 | |||
| Total Risk Alpha | 0.2681 | |||
| Sortino Ratio | 0.5797 | |||
| Treynor Ratio | 0.4532 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Trust/confluence's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
First Trust/confluence February 5, 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 | 0.1196 | |||
| Market Risk Adjusted Performance | 0.4632 | |||
| Mean Deviation | 1.34 | |||
| Downside Deviation | 0.8258 | |||
| Coefficient Of Variation | 658.53 | |||
| Standard Deviation | 3.58 | |||
| Variance | 12.8 | |||
| Information Ratio | 0.1338 | |||
| Jensen Alpha | 0.4691 | |||
| Total Risk Alpha | 0.2681 | |||
| Sortino Ratio | 0.5797 | |||
| Treynor Ratio | 0.4532 | |||
| Maximum Drawdown | 29.68 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 2.51 | |||
| Downside Variance | 0.682 | |||
| Semi Variance | (0.07) | |||
| Expected Short fall | (1.93) | |||
| Skewness | 7.06 | |||
| Kurtosis | 54.28 |
First Trust/confluence Backtested Returns
First Trust/confluence appears to be not too volatile, given 3 months investment horizon. First Trust/confluence secures Sharpe Ratio (or Efficiency) of 0.15, which denotes the fund had a 0.15 % return per unit of risk over the last 3 months. By reviewing First Trust/confluence's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please utilize First Trust/confluence's Mean Deviation of 1.34, coefficient of variation of 658.53, and Standard Deviation of 3.58 to check if our risk estimates are consistent with your expectations. The fund shows a Beta (market volatility) of 1.18, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, First Trust/confluence will likely underperform.
Auto-correlation | 0.24 |
Weak predictability
First Trustconfluence Small has weak predictability. Overlapping area represents the amount of predictability between First Trust/confluence time series from 7th of November 2025 to 22nd of December 2025 and 22nd of December 2025 to 5th 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/confluence price movement. The serial correlation of 0.24 indicates that over 24.0% of current First Trust/confluence price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.6 |
Also Currently Popular
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.Other Information on Investing in First Mutual Fund
First Trust/confluence financial ratios help investors to determine whether First Mutual Fund 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/confluence security.
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