First Trust Managed Fund Statistic Functions Beta

CWAIX Fund  USD 20.26  -0.12  -0.59%   
The statistic functions module provides an execution environment for Beta function on First Trust. The analysis relies on observed price patterns and trading activity. Please specify Time Period to execute this module.

This analysis covers thirty-seven data points across the selected time horizon. The Beta measures systematic risk based on how returns on First Trust Managed correlated with the market. If Beta is less than 0 First Trust generally moves in the opposite direction as compared to the market. If First Trust Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one First Trust Managed is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of First Trust is generally in the same direction as the market. If Beta > 1 First Trust moves generally in the same direction as, but more than the movement of the benchmark.

First Trust Technical Analysis Modules

First Trust technical analysis translates raw market data into actionable signals by measuring momentum, volatility, and price structure. Overlap studies like moving averages provide context for support and resistance levels in First.

Methodology, Assumptions & Data Sources

Below is First Trust's Statistic Functions history. Revenue and margin trends can explain shifts in this metric.

Inputs for First Trust Managed come from fund disclosures and market reference feeds and are mapped into a consistent reporting framework. Some fields can appear with publication lag.

This content is curated and reviewed by:

Michael Smolkin - Member of Macroaxis Board of Directors
Last reviewed on March 18th, 2026