First Enterprise Value over EBIT from 2010 to 2024
| BUSE Stock | USD 23.27 0.38 1.66% |
Check First Busey financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . First financial statements analysis is a perfect complement when working with First Busey Valuation or Volatility modules.
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About First Busey Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include First Busey income statement, its balance sheet, and the statement of cash flows. First Busey investors use historical funamental indicators, such as First Busey's Enterprise Value over EBIT, to determine how well the company is positioned to perform in the future. Although First Busey investors may use each financial statement separately, they are all related. The changes in First Busey's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on First Busey's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on First Busey Financial Statements. Understanding these patterns can help to make the right decision on long term investment in First Busey. Please read more on our technical analysis and fundamental analysis pages.
First Busey Corporation operates as the bank holding company for Busey Bank that provides retail and commercial banking products and services to individual, corporate, institutional, and governmental customers in the United States. First Busey Corporation was founded in 1868 and is headquartered in Champaign, Illinois. First Busey operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1513 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Busey in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Busey's short interest history, or implied volatility extrapolated from First Busey options trading.
Pair Trading with First Busey
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Busey position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Busey will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
| 0.67 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
| 0.68 | PB | Prosperity Bancshares Earnings Call Today | PairCorr |
Moving against First Stock
| 0.46 | TECTP | Tectonic Financial | PairCorr |
The ability to find closely correlated positions to First Busey could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Busey when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Busey - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Busey Corp to buy it.
The correlation of First Busey is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Busey moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Busey Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Busey can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of First Busey Correlation against competitors. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for First Stock analysis
When running First Busey's price analysis, check to measure First Busey's 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 Busey is operating at the current time. Most of First Busey's value examination focuses on studying past and present price action to predict the probability of First Busey's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Busey's price. Additionally, you may evaluate how the addition of First Busey to your portfolios can decrease your overall portfolio volatility.
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Is First Busey's 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 Busey. 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 Busey listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of First Busey Corp 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 Busey's value that differs from its market value or its book value, called intrinsic value, which is First Busey's 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 Busey's market value can be influenced by many factors that don't directly affect First Busey's 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 Busey's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Busey is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Busey's 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.