First Trust Standard Deviation
| DFII Etf | | | 13.82 0.01 0.07% |
The Standard Deviation technical lookup provides context for First Trust Exchange Traded and related instruments. Coverage varies by data normalization and availability; see
Equity Screeners for broader screening context.
Investing Opportunities provides context for diversified portfolio construction. Such insight adds context to allocation decisions within a diversified portfolio. This reflects a position in First Trust Exchange Traded within the portfolio mix. 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.
First Trust Exchange Traded has current Standard Deviation of 3.48. The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities.
Standard Deviation | = | SQRT(V) |
| = | 3.48 | |
First Trust Standard Deviation Peers Comparison
First Standard Deviation Relative To Other Indicators
First Trust Exchange Traded is rated
below average for standard deviation across ETF peers. It is currently under evaluation for maximum drawdown across ETF peers recording roughly
5.17 in Maximum Drawdown for every unit of Standard Deviation. Maximum Drawdown outpaces Standard Deviation by
5.17 times for First Trust Exchange Traded
Standard deviation is applied to the annual rate of return of an investment to measure the investment's volatility. Standard deviation is also known as historical volatility and is used by investors as a gauge for the amount of expected market volatility. A large standard deviation usually indicates that the data points are far from the mean and a small standard deviation indicates that they are clustered closely around the mean.
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