First Preferred Stock Buy Hold or Sell Recommendation

Preferred Stocks . USA . 
Preferred Stock . First Citizens BancShares
FCNCP Preferred Stock  USD 20.56  0.38  1.81%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding First Citizens BancShares is 'Strong Buy'. Macroaxis provides First Citizens buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FCNCP positions. The advice algorithm takes into account all of First Citizens' available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from First Citizens' buy-and-hold perspective. Check out First Citizens Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in First Preferred Stock please use our How to Invest in First Citizens guide.We conduct extensive research on individual companies such as First and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards First Citizens BancShares.

Execute First Citizens Buy or Sell Advice

The First recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on First Citizens BancShares. Macroaxis does not own or have any residual interests in First Citizens BancShares or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute First Citizens' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell First CitizensBuy First Citizens
Strong Buy

Volatility

Very steady
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Hype Condition

Stale
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Current Valuation

Fairly Valued
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Odds of Distress

Quite High
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Economic Sensitivity

Barely shadows the market
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Analyst Consensus

Not Available
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Reporting Quality (M-Score)

Unavailable
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For the selected time horizon First Citizens BancShares has a Risk Adjusted Performance of 0.0504, Jensen Alpha of 0.1088, Total Risk Alpha of 0.1414, Sortino Ratio of 0.06 and Treynor Ratio of 0.0764
Our investment recommendation module complements current analysts and expert consensus on First Citizens. It analyzes the firm potential to grow using all fundamental, technical, and market related data available at the time. To make sure First Citizens is not overpriced, please confirm all First Citizens BancShares fundamentals, including its cash and equivalents, as well as the relationship between the short ratio and annual yield . Given that First Citizens BancShares has a number of shares shorted of 9.75 K, we urge you to verify First Citizens BancShares market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

First Citizens Trading Alerts and Improvement Suggestions

First Citizens has high likelihood to experience some financial distress in the next 2 years
First Citizens BancShares has accumulated about 7.14 B in cash with (283.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 446.11, which can makes it an attractive takeover target, given it will continue generating positive cash flow.

First Citizens Returns Distribution Density

The distribution of First Citizens' historical returns is an attempt to chart the uncertainty of First Citizens' future price movements. The chart of the probability distribution of First Citizens stock daily returns describes the distribution of returns around its average expected value. We use First Citizens BancShares price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of First Citizens returns is essential to provide solid investment advice for First Citizens.
Mean Return0.08Value At Risk-2
Potential Upside1.72Standard Deviation1.70
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of First Citizens historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Backtest First Citizens BancShares

First Citizens Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to First Citizens or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that First Citizens' price will be affected by overall preferred stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a First preferred stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite		0.11
β
Beta against NYSE Composite0.94
σ
Overall volatility		1.75
Ir
Information ratio 0.07

First Citizens Volatility Alert

First Citizens BancShares has relatively low volatility with skewness of -0.58 and kurtosis of 7.29. However, we advise all investors to independently investigate First Citizens BancShares to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure First Citizens' preferred stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact First Citizens' preferred stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

First Citizens Fundamentals Vs Peers

Comparing First Citizens' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze First Citizens' direct or indirect competition across all of the common fundamentals between First Citizens and the related equities. This way, we can detect undervalued stocks with similar characteristics as First Citizens or determine the preferred stocks which would be an excellent addition to an existing portfolio. Peer analysis of First Citizens' fundamental indicators could also be used in its relative valuation, which is a method of valuing First Citizens by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare First Citizens to competition
FundamentalsFirst CitizensPeer Average
Return On Equity0.15 %(0.31) %
Return On Asset0.0131 %(0.14) %
Profit Margin0.27 %(1.27) %
Operating Margin0.30 %(5.51) %
Current Valuation2.2 B16.62 B
Shares Owned by Institutions23.67 %39.21 %
Number of Shares Shorted9.75 K4.71 M
Price to Earning0.36 X28.72 X
Revenue1.84 B9.43 B
Gross Profit4 B27.38 B
EBITDA894.5 M3.9 B
Net Income547.46 M570.98 M
Cash and Equivalents7.14 B2.7 B
Cash per Share446.11 X5.01 X
Total Debt1.19 B5.32 B
Book Value Per Share605.33 X1.93 K
Cash Flow from Operations(283.78 M)971.22 M
Short Ratio0.32 X4.00 X
Earnings Per Share57.47 X3.12 X
Number of Employees1018.84 K
Beta0.94-0.15
Total Asset58.31 B29.47 B
Annual Yield0.06 %
Net Asset58.31 B
Last Dividend Paid2.16

About First Citizens Buy or Sell Advice

When is the right time to buy or sell First Citizens BancShares? Buying financial instruments such as First Preferred Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having First Citizens in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Services
Services Theme
Companies involved in delivering services to business or consumers across different industries and sectors. The Services theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Services Theme or any other thematic opportunities.
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Check out First Citizens Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in First Preferred Stock please use our How to Invest in First Citizens guide. 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 Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for First Preferred Stock analysis

When running First Citizens BancShares 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 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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Buy or Sell
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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 First Citizens value 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.
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