First Trust S Network Etf Market Value
| CARZ Etf | USD 89.86 1.37 1.55% |
| Symbol | First |
Understanding First Trust S requires distinguishing between market price and book value, where the latter reflects First's accounting equity. The concept of intrinsic value - what First Trust's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push First Trust's price substantially above or below its fundamental value.
It's important to distinguish between First Trust's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding First Trust should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, First Trust's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.
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 S Network or generate 0.0% return on investment in First Trust over 90 days. First Trust is related to or competes with Fidelity Covington, First Trust, PeakShares Sector, IShares ESG, Fidelity Covington, Tactical Advantage, and Texas Capital. 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 S Network upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.35 | |||
| Information Ratio | 0.1667 | |||
| Maximum Drawdown | 5.77 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 2.53 |
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 | 0.1942 | |||
| Jensen Alpha | 0.2155 | |||
| Total Risk Alpha | 0.1512 | |||
| Sortino Ratio | 0.1682 | |||
| Treynor Ratio | 0.2905 |
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 | 0.1942 | |||
| Market Risk Adjusted Performance | 0.3005 | |||
| Mean Deviation | 1.08 | |||
| Semi Deviation | 0.9897 | |||
| Downside Deviation | 1.35 | |||
| Coefficient Of Variation | 405.9 | |||
| Standard Deviation | 1.37 | |||
| Variance | 1.87 | |||
| Information Ratio | 0.1667 | |||
| Jensen Alpha | 0.2155 | |||
| Total Risk Alpha | 0.1512 | |||
| Sortino Ratio | 0.1682 | |||
| Treynor Ratio | 0.2905 | |||
| Maximum Drawdown | 5.77 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 2.53 | |||
| Downside Variance | 1.84 | |||
| Semi Variance | 0.9795 | |||
| Expected Short fall | (1.20) | |||
| Skewness | (0.13) | |||
| Kurtosis | 0.1033 |
First Trust S Backtested Returns
First Trust appears to be very steady, given 3 months investment horizon. First Trust S secures Sharpe Ratio (or Efficiency) of 0.24, which denotes the etf had a 0.24 % return per unit of risk over the last 3 months. We have found thirty technical indicators for First Trust S Network, which you can use to evaluate the volatility of the entity. Please utilize First Trust's Mean Deviation of 1.08, coefficient of variation of 405.9, and Downside Deviation of 1.35 to check if our risk estimates are consistent with your expectations. The etf shows a Beta (market volatility) of 1.13, which means a somewhat significant risk relative to the market. First Trust returns are very sensitive to returns on the market. As the market goes up or down, First Trust is expected to follow.
Auto-correlation | 0.53 |
Modest predictability
First Trust S Network has modest 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 S price movement. The serial correlation of 0.53 indicates that about 53.0% of current First Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 2.08 |
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 S 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 S Network Etf. Highlighted below are key reports to facilitate an investment decision about First Trust S Network 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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.