First Trust Materials Etf Market Value
| FXZ Etf | USD 74.24 0.19 0.26% |
| Symbol | First |
The market value of First Trust Materials 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.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in First Trust on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding First Trust Materials or generate 0.0% return on investment in First Trust over 90 days. First Trust is related to or competes with First Trust, First Trust, First Trust, Invesco Exchange, First Trust, Xtrackers MSCI, and First Trust. 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 Materials upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.17 | |||
| Information Ratio | 0.2363 | |||
| Maximum Drawdown | 4.43 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 2.43 |
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 | 0.2105 | |||
| Jensen Alpha | 0.2927 | |||
| Total Risk Alpha | 0.2641 | |||
| Sortino Ratio | 0.2606 | |||
| Treynor Ratio | 0.2925 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Trust'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 January 29, 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 | 0.2105 | |||
| Market Risk Adjusted Performance | 0.3025 | |||
| Mean Deviation | 1.03 | |||
| Semi Deviation | 0.7922 | |||
| Downside Deviation | 1.17 | |||
| Coefficient Of Variation | 352.13 | |||
| Standard Deviation | 1.29 | |||
| Variance | 1.65 | |||
| Information Ratio | 0.2363 | |||
| Jensen Alpha | 0.2927 | |||
| Total Risk Alpha | 0.2641 | |||
| Sortino Ratio | 0.2606 | |||
| Treynor Ratio | 0.2925 | |||
| Maximum Drawdown | 4.43 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 2.43 | |||
| Downside Variance | 1.36 | |||
| Semi Variance | 0.6276 | |||
| Expected Short fall | (1.18) | |||
| Skewness | (0.03) | |||
| Kurtosis | (0.46) |
First Trust Materials Backtested Returns
First Trust appears to be very steady, given 3 months investment horizon. First Trust Materials secures Sharpe Ratio (or Efficiency) of 0.28, which denotes the etf had a 0.28 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First Trust Materials, which you can use to evaluate the volatility of the entity. Please utilize First Trust's Mean Deviation of 1.03, downside deviation of 1.17, and Coefficient Of Variation of 352.13 to check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 1.21, 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 will likely underperform.
Auto-correlation | 0.83 |
Very good predictability
First Trust Materials has very good predictability. Overlapping area represents the amount of predictability between First Trust time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 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 Materials price movement. The serial correlation of 0.83 indicates that around 83.0% of current First Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 14.23 |
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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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.