First Trust Nasdaq Etf Technical Analysis
| GRID Etf | USD 164.87 2.04 1.22% |
As of the 31st of January, First Trust shows the Standard Deviation of 0.9921, semi deviation of 1.07, and Coefficient Of Variation of 998.01. First Trust NASDAQ technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices. Please confirm First Trust NASDAQ information ratio, potential upside, as well as the relationship between the Potential Upside and expected short fall to decide if First Trust NASDAQ is priced favorably, providing market reflects its regular price of 164.87 per share.
First Trust Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as First, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FirstFirst Trust's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.First Trust NASDAQ'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. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. 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.
| 11/02/2025 |
| 01/31/2026 |
If you would invest 0.00 in First Trust on November 2, 2025 and sell it all today you would earn a total of 0.00 from holding First Trust NASDAQ 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, 2023 ETF, Xtrackers MSCI, First Trust, JP Morgan, and VanEck UraniumNuclear. The fund will normally invest at least 90 percent of its net assets in the common stocks and depositary receipts that co... 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 NASDAQ upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.21 | |||
| Information Ratio | 0.0384 | |||
| Maximum Drawdown | 4.11 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 1.69 |
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 | 0.0754 | |||
| Total Risk Alpha | 0.0193 | |||
| Sortino Ratio | 0.0316 |
First Trust January 31, 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 | 0.0754 | |||
| Mean Deviation | 0.7677 | |||
| Semi Deviation | 1.07 | |||
| Downside Deviation | 1.21 | |||
| Coefficient Of Variation | 998.01 | |||
| Standard Deviation | 0.9921 | |||
| Variance | 0.9842 | |||
| Information Ratio | 0.0384 | |||
| Total Risk Alpha | 0.0193 | |||
| Sortino Ratio | 0.0316 | |||
| Maximum Drawdown | 4.11 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 1.69 | |||
| Downside Variance | 1.46 | |||
| Semi Variance | 1.14 | |||
| Expected Short fall | (0.71) | |||
| Skewness | (0.58) | |||
| Kurtosis | 0.0078 |
First Trust NASDAQ Backtested Returns
At this point, First Trust is very steady. First Trust NASDAQ secures Sharpe Ratio (or Efficiency) of 0.0805, which denotes the etf had a 0.0805 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for First Trust NASDAQ, which you can use to evaluate the volatility of the entity. Please confirm First Trust's Coefficient Of Variation of 998.01, standard deviation of 0.9921, and Semi Deviation of 1.07 to check if the risk estimate we provide is consistent with the expected return of 0.0833%. The etf shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and First Trust are completely uncorrelated.
Auto-correlation | -0.05 |
Very weak reverse predictability
First Trust NASDAQ has very weak reverse predictability. Overlapping area represents the amount of predictability between First Trust time series from 2nd of November 2025 to 17th of December 2025 and 17th of December 2025 to 31st 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 NASDAQ price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current First Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 15.83 |
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.
First Trust NASDAQ Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of First Trust NASDAQ volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About First Trust Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of First Trust NASDAQ on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of First Trust NASDAQ based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on First Trust NASDAQ price pattern first instead of the macroeconomic environment surrounding First Trust NASDAQ. By analyzing First Trust's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of First Trust's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to First Trust specific price patterns or momentum indicators. Please read more on our technical analysis page.
First Trust January 31, 2026 Technical Indicators
Most technical analysis of First help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for First from various momentum indicators to cycle indicators. When you analyze First charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0754 | |||
| Mean Deviation | 0.7677 | |||
| Semi Deviation | 1.07 | |||
| Downside Deviation | 1.21 | |||
| Coefficient Of Variation | 998.01 | |||
| Standard Deviation | 0.9921 | |||
| Variance | 0.9842 | |||
| Information Ratio | 0.0384 | |||
| Total Risk Alpha | 0.0193 | |||
| Sortino Ratio | 0.0316 | |||
| Maximum Drawdown | 4.11 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 1.69 | |||
| Downside Variance | 1.46 | |||
| Semi Variance | 1.14 | |||
| Expected Short fall | (0.71) | |||
| Skewness | (0.58) | |||
| Kurtosis | 0.0078 |
First Trust NASDAQ One Year Return
Based on the recorded statements, First Trust NASDAQ has an One Year Return of 26.5%. This is 190.57% higher than that of the First Trust family and significantly higher than that of the Infrastructure category. The one year return for all United States etfs is notably lower than that of the firm.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.First Trust January 31, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as First stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.01 | ||
| Daily Balance Of Power | (1.24) | ||
| Rate Of Daily Change | 0.99 | ||
| Day Median Price | 164.05 | ||
| Day Typical Price | 164.32 | ||
| Price Action Indicator | (0.19) | ||
| Market Facilitation Index | 1.65 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in First Trust NASDAQ. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
First Trust NASDAQ'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. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. 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.