First Trust Preferred Etf Market Value
| FPE Etf | USD 18.39 0.02 0.11% |
| Symbol | First |
The market value of First Trust Preferred 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.
| 11/28/2025 |
| 02/26/2026 |
If you would invest 0.00 in First Trust on November 28, 2025 and sell it all today you would earn a total of 0.00 from holding First Trust Preferred or generate 0.0% return on investment in First Trust over 90 days. First Trust is related to or competes with IShares SP, IShares Thematic, IShares Biotechnology, Materials Select, Vanguard Communication, Vanguard, and Alpha Architect. Under normal market conditions, the fund invests at least 80 percent of its net assets in preferred securities and incom... 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 Preferred upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1748 | |||
| Information Ratio | (0.45) | |||
| Maximum Drawdown | 0.7185 | |||
| Value At Risk | (0.17) | |||
| Potential Upside | 0.328 |
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 | 0.1669 | |||
| Jensen Alpha | 0.0182 | |||
| Total Risk Alpha | 0.0115 | |||
| Sortino Ratio | (0.39) | |||
| Treynor Ratio | 0.2388 |
First Trust February 26, 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 | 0.1669 | |||
| Market Risk Adjusted Performance | 0.2488 | |||
| Mean Deviation | 0.1139 | |||
| Downside Deviation | 0.1748 | |||
| Coefficient Of Variation | 371.46 | |||
| Standard Deviation | 0.1525 | |||
| Variance | 0.0232 | |||
| Information Ratio | (0.45) | |||
| Jensen Alpha | 0.0182 | |||
| Total Risk Alpha | 0.0115 | |||
| Sortino Ratio | (0.39) | |||
| Treynor Ratio | 0.2388 | |||
| Maximum Drawdown | 0.7185 | |||
| Value At Risk | (0.17) | |||
| Potential Upside | 0.328 | |||
| Downside Variance | 0.0306 | |||
| Semi Variance | (0.02) | |||
| Expected Short fall | (0.14) | |||
| Skewness | (0.32) | |||
| Kurtosis | 0.8447 |
First Trust Preferred Backtested Returns
At this point, First Trust is very steady. First Trust Preferred secures Sharpe Ratio (or Efficiency) of 0.26, which denotes the etf had a 0.26 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for First Trust Preferred, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Mean Deviation of 0.1139, coefficient of variation of 371.46, and Standard Deviation of 0.1525 to check if the risk estimate we provide is consistent with the expected return of 0.0368%. The etf shows a Beta (market volatility) of 0.13, 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 | 0.88 |
Very good predictability
First Trust Preferred has very good predictability. Overlapping area represents the amount of predictability between First Trust time series from 28th of November 2025 to 12th of January 2026 and 12th of January 2026 to 26th 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 Preferred price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current First Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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.When determining whether First Trust Preferred 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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.