First Trust Exchange Traded Etf Market Value
| XIDE Etf | 30.27 0.04 0.13% |
| Symbol | First |
The market value of First Trust Exchange 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. 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.
| 10/24/2025 |
| 01/22/2026 |
If you would invest 0.00 in First Trust on October 24, 2025 and sell it all today you would earn a total of 0.00 from holding First Trust Exchange Traded or generate 0.0% return on investment in First Trust over 90 days. First Trust is related to or competes with AIM ETF, Pacer Swan, Innovator ETFs, Starboard Investment, Innovator Premium, Innovator ETFs, and Listed Funds. Exide Technologies engages in the manufacture and supply of leadacid batteries for transportation and industrial applications in the Americas, Europe, and rest of the world. 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 Exchange Traded upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1604 | |||
| Information Ratio | (0.77) | |||
| Maximum Drawdown | 0.6956 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.1674 |
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 | 0.0969 | |||
| Jensen Alpha | 0.0046 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.51) | |||
| Treynor Ratio | 0.1496 |
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 22, 2026 Technical Indicators
| Cycle Indicators | ||
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| Math Transform | ||
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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.0969 | |||
| Market Risk Adjusted Performance | 0.1596 | |||
| Mean Deviation | 0.066 | |||
| Downside Deviation | 0.1604 | |||
| Coefficient Of Variation | 470.69 | |||
| Standard Deviation | 0.1055 | |||
| Variance | 0.0111 | |||
| Information Ratio | (0.77) | |||
| Jensen Alpha | 0.0046 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.51) | |||
| Treynor Ratio | 0.1496 | |||
| Maximum Drawdown | 0.6956 | |||
| Value At Risk | (0.10) | |||
| Potential Upside | 0.1674 | |||
| Downside Variance | 0.0257 | |||
| Semi Variance | (0.01) | |||
| Expected Short fall | (0.08) | |||
| Skewness | (1.03) | |||
| Kurtosis | 8.05 |
First Trust Exchange Backtested Returns
At this point, First Trust is out of control. First Trust Exchange secures Sharpe Ratio (or Efficiency) of 0.21, which denotes the etf had a 0.21 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for First Trust Exchange Traded, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Coefficient Of Variation of 470.69, standard deviation of 0.1055, and Mean Deviation of 0.066 to check if the risk estimate we provide is consistent with the expected return of 0.0224%. The etf shows a Beta (market volatility) of 0.083, 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 | 0.74 |
Good predictability
First Trust Exchange Traded has good predictability. Overlapping area represents the amount of predictability between First Trust time series from 24th of October 2025 to 8th of December 2025 and 8th of December 2025 to 22nd 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 Exchange price movement. The serial correlation of 0.74 indicates that around 74.0% of current First Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
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 Exchange is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Trust Exchange Traded Etf. Highlighted below are key reports to facilitate an investment decision about First Trust Exchange Traded Etf:Check out First Trust Correlation, First Trust Volatility and First Trust Alpha and Beta module to complement your research on First Trust. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market 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.