First Trust Short Etf Market Value
| FSMB Etf | USD 20.10 0.01 0.05% |
| Symbol | First |
First Trust Short's market price often diverges from its book value, the accounting figure shown on First's balance sheet. Smart investors calculate First Trust's intrinsic value—its true economic worth—which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since First Trust's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental 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. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
| 11/03/2025 |
| 02/01/2026 |
If you would invest 0.00 in First Trust on November 3, 2025 and sell it all today you would earn a total of 0.00 from holding First Trust Short or generate 0.0% return on investment in First Trust over 90 days. First Trust is related to or competes with American Century, Columbia Multi, Dimensional ETF, Elm Market, Direxion Daily, ETC 6, and ProShares UltraShort. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80 percent of i... 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 Short upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1035 | |||
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 0.453 | |||
| Value At Risk | (0.15) | |||
| Potential Upside | 0.1498 |
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 | 0.0868 | |||
| Jensen Alpha | 0.0084 | |||
| Total Risk Alpha | 0.0049 | |||
| Sortino Ratio | (0.25) | |||
| Treynor Ratio | 0.5203 |
First Trust February 1, 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 | 0.0868 | |||
| Market Risk Adjusted Performance | 0.5303 | |||
| Mean Deviation | 0.0646 | |||
| Downside Deviation | 0.1035 | |||
| Coefficient Of Variation | 446.09 | |||
| Standard Deviation | 0.0848 | |||
| Variance | 0.0072 | |||
| Information Ratio | (0.31) | |||
| Jensen Alpha | 0.0084 | |||
| Total Risk Alpha | 0.0049 | |||
| Sortino Ratio | (0.25) | |||
| Treynor Ratio | 0.5203 | |||
| Maximum Drawdown | 0.453 | |||
| Value At Risk | (0.15) | |||
| Potential Upside | 0.1498 | |||
| Downside Variance | 0.0107 | |||
| Semi Variance | (0.01) | |||
| Expected Short fall | (0.08) | |||
| Skewness | 0.0079 | |||
| Kurtosis | 1.01 |
First Trust Short Backtested Returns
At this point, First Trust is very steady. First Trust Short secures Sharpe Ratio (or Efficiency) of 0.22, which denotes the etf had a 0.22 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First Trust Short, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Coefficient Of Variation of 446.09, standard deviation of 0.0848, and Mean Deviation of 0.0646 to check if the risk estimate we provide is consistent with the expected return of 0.017%. The etf shows a Beta (market volatility) of 0.0173, 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 | 0.76 |
Good predictability
First Trust Short has good predictability. Overlapping area represents the amount of predictability between First Trust time series from 3rd of November 2025 to 18th of December 2025 and 18th of December 2025 to 1st 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 Short price movement. The serial correlation of 0.76 indicates that around 76.0% of current First Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| 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 Short offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Trust Short Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust Short Etf: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 Transaction History module to view history of all your transactions and understand their impact on performance.
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.