First Citizens Bancshares Stock Technical Analysis
FCNCA Stock | USD 1,763 4.09 0.23% |
As of the 21st of May, First Citizens shows the Mean Deviation of 1.21, coefficient of variation of 793.89, and Downside Deviation of 1.28. First Citizens BancShares technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for First Citizens BancShares, which can be compared to its peers. Please confirm First Citizens BancShares jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if First Citizens BancShares is priced favorably, providing market reflects its regular price of 1763.45 per share. Given that First Citizens has jensen alpha of 0.1758, we urge you to verify First Citizens BancShares's prevailing market performance to make sure the company can sustain itself at a future point.
First Citizens 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 |
First Citizens Analyst Consensus
Target Price | Advice | # of Analysts | |
1693.38 | Buy | 12 | Odds |
Most First analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand First stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of First Citizens BancShares, talking to its executives and customers, or listening to First conference calls.
First Citizens technical stock 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, stock market cycles, or different charting patterns.
First Citizens BancShares 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 Citizens BancShares volatility. High ATR values indicate high volatility, and low values indicate low volatility.
First Citizens BancShares Trend Analysis
Use this graph to draw trend lines for First Citizens BancShares. You can use it to identify possible trend reversals for First Citizens as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual First Citizens price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.First Citizens Best Fit Change Line
The following chart estimates an ordinary least squares regression model for First Citizens BancShares applied against its price change over selected period. The best fit line has a slop of 3.52 , which means First Citizens BancShares will continue producing value for investors. It has 122 observation points and a regression sum of squares at 468360.39, which is the sum of squared deviations for the predicted First Citizens price change compared to its average price change.About First Citizens 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 Citizens BancShares 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 Citizens BancShares based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on First Citizens BancShares price pattern first instead of the macroeconomic environment surrounding First Citizens BancShares. By analyzing First Citizens'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 Citizens'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 Citizens specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.005156 | 0.007047 | 0.005676 | 0.00951 | Price To Sales Ratio | 4.43 | 2.59 | 1.78 | 1.74 |
First Citizens May 21, 2024 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 | 0.0791 | |||
Market Risk Adjusted Performance | 0.3548 | |||
Mean Deviation | 1.21 | |||
Semi Deviation | 1.07 | |||
Downside Deviation | 1.28 | |||
Coefficient Of Variation | 793.89 | |||
Standard Deviation | 1.82 | |||
Variance | 3.3 | |||
Information Ratio | 0.0831 | |||
Jensen Alpha | 0.1758 | |||
Total Risk Alpha | 0.0035 | |||
Sortino Ratio | 0.1179 | |||
Treynor Ratio | 0.3448 | |||
Maximum Drawdown | 12.48 | |||
Value At Risk | (2.01) | |||
Potential Upside | 2.52 | |||
Downside Variance | 1.64 | |||
Semi Variance | 1.15 | |||
Expected Short fall | (1.46) | |||
Skewness | 2.23 | |||
Kurtosis | 10.88 |
First Citizens May 21, 2024 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 | 1,131 | ||
Daily Balance Of Power | (0.15) | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 1,776 | ||
Day Typical Price | 1,772 | ||
Price Action Indicator | (15.09) | ||
Market Facilitation Index | 0.0003 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Citizens BancShares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the First Citizens BancShares information on this page should be used as a complementary analysis to other First Citizens' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for First Stock analysis
When running First Citizens' price analysis, check to measure First Citizens' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Citizens is operating at the current time. Most of First Citizens' value examination focuses on studying past and present price action to predict the probability of First Citizens' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Citizens' price. Additionally, you may evaluate how the addition of First Citizens to your portfolios can decrease your overall portfolio volatility.
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Is First Citizens' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Citizens. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Citizens listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Dividend Share 4.78 | Earnings Share 180.11 | Revenue Per Share 652.739 | Quarterly Revenue Growth 3.745 |
The market value of First Citizens BancShares is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Citizens' value that differs from its market value or its book value, called intrinsic value, which is First Citizens' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Citizens' market value can be influenced by many factors that don't directly affect First Citizens' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Citizens' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Citizens is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Citizens' 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.