First Trust High Stock Statistic Functions Beta

FTHY Stock  USD 13.52  -0.14  -1.02%   
The statistic functions system applies Beta function to price and volume data for First Trust. Primary emphasis is on statistical functions describing dispersion and variability within overall market behavior. Provide Time Period to run the technical study.

This analysis covers forty-seven data points across the selected time horizon. The Beta measures systematic risk based on how returns on First Trust High 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 High 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

Applying technical analysis to First Trust involves studying indicator readings across multiple timeframes to gauge trend persistence and turning points. Statistical functions applied to First's price series can quantify trend strength and mean-reversion potential.

Methodology, Assumptions & Data Sources

First Trust's Statistic Functions over the last several years is charted here. The range of past values shows how much this number tends to move.

Reported values for First Trust High are derived from periodic company reporting and market reference feeds and then standardized for analysis. Refresh timing depends on source availability.

This content is curated and reviewed by:

Raphi Shpitalnik - Junior Member of Macroaxis Editorial Board
Last reviewed on March 21st, 2026