Fifth Third Bancorp Stock Market Value

FITB Stock  USD 37.21  0.47  1.28%   
Fifth Third's market value is the price at which a share of Fifth Third trades on a public exchange. It measures the collective expectations of Fifth Third Bancorp investors about its performance. Fifth Third is trading at 37.21 as of the 28th of March 2024, a 1.28 percent up since the beginning of the trading day. The stock's open price was 36.74.
With this module, you can estimate the performance of a buy and hold strategy of Fifth Third Bancorp and determine expected loss or profit from investing in Fifth Third over a given investment horizon. Check out Fifth Third Correlation, Fifth Third Volatility and Fifth Third Alpha and Beta module to complement your research on Fifth Third.
Symbol

Fifth Third Bancorp Price To Book Ratio

Is Fifth Third'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 Fifth Third. If investors know Fifth 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 Fifth Third 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
(0.29)
Dividend Share
1.36
Earnings Share
3.26
Revenue Per Share
11.978
Quarterly Revenue Growth
(0.02)
The market value of Fifth Third Bancorp is measured differently than its book value, which is the value of Fifth that is recorded on the company's balance sheet. Investors also form their own opinion of Fifth Third's value that differs from its market value or its book value, called intrinsic value, which is Fifth Third'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 Fifth Third's market value can be influenced by many factors that don't directly affect Fifth Third'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 Fifth Third's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fifth Third is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fifth Third'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.

Fifth Third 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fifth Third's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fifth Third.
0.00
04/08/2022
No Change 0.00  0.0 
In 1 year 11 months and 22 days
03/28/2024
0.00
If you would invest  0.00  in Fifth Third on April 8, 2022 and sell it all today you would earn a total of 0.00 from holding Fifth Third Bancorp or generate 0.0% return on investment in Fifth Third over 720 days. Fifth Third is related to or competes with Middlefield Banc, Merchants Bancorp, Mercantile Bank, MetroCity Bankshares, Macatawa Bank, Axos Financial, and Byline Bancorp. Fifth Third is a bank thats as long on innovation as it is on history More

Fifth Third Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fifth Third's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fifth Third Bancorp upside and downside potential and time the market with a certain degree of confidence.

Fifth Third Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fifth Third's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fifth Third's standard deviation. In reality, there are many statistical measures that can use Fifth Third historical prices to predict the future Fifth Third's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fifth Third's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
35.6437.2138.78
Details
Intrinsic
Valuation
LowRealHigh
34.4636.0337.60
Details
Naive
Forecast
LowNextHigh
34.5736.1437.72
Details
23 Analysts
Consensus
LowTargetHigh
28.1130.8934.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fifth Third. Your research has to be compared to or analyzed against Fifth Third's peers to derive any actionable benefits. When done correctly, Fifth Third's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Fifth Third Bancorp.

Fifth Third Bancorp Backtested Returns

We consider Fifth Third very steady. Fifth Third Bancorp secures Sharpe Ratio (or Efficiency) of 0.0955, which denotes the company had a 0.0955% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fifth Third Bancorp, which you can use to evaluate the volatility of the firm. Please confirm Fifth Third's Downside Deviation of 1.49, coefficient of variation of 974.26, and Mean Deviation of 1.21 to check if the risk estimate we provide is consistent with the expected return of 0.15%. Fifth Third has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.45, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Fifth Third will likely underperform. Fifth Third Bancorp right now shows a risk of 1.57%. Please confirm Fifth Third Bancorp maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Fifth Third Bancorp will be following its price patterns.

Auto-correlation

    
  -0.37  

Poor reverse predictability

Fifth Third Bancorp has poor reverse predictability. Overlapping area represents the amount of predictability between Fifth Third time series from 8th of April 2022 to 3rd of April 2023 and 3rd of April 2023 to 28th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fifth Third Bancorp price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Fifth Third price fluctuation can be explain by its past prices.
Correlation Coefficient-0.37
Spearman Rank Test-0.11
Residual Average0.0
Price Variance18.52

Fifth Third Bancorp lagged returns against current returns

Autocorrelation, which is Fifth Third stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Fifth Third's stock expected returns. We can calculate the autocorrelation of Fifth Third returns to help us make a trade decision. For example, suppose you find that Fifth Third has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Fifth Third regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Fifth Third stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fifth Third stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fifth Third stock over time.
   Current vs Lagged Prices   
       Timeline  

Fifth Third Lagged Returns

When evaluating Fifth Third's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fifth Third stock have on its future price. Fifth Third autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Fifth Third autocorrelation shows the relationship between Fifth Third stock current value and its past values and can show if there is a momentum factor associated with investing in Fifth Third Bancorp.
   Regressed Prices   
       Timeline  

Fifth Third Investors Sentiment

The influence of Fifth Third's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Fifth. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Fifth Third's public news can be used to forecast risks associated with an investment in Fifth. The trend in average sentiment can be used to explain how an investor holding Fifth can time the market purely based on public headlines and social activities around Fifth Third Bancorp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Fifth Third's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Fifth Third's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Fifth Third's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Fifth Third.

Fifth Third Implied Volatility

    
  30.34  
Fifth Third's implied volatility exposes the market's sentiment of Fifth Third Bancorp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Fifth Third's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Fifth Third stock will not fluctuate a lot when Fifth Third's options are near their expiration.
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 Fifth Third 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, Fifth Third's short interest history, or implied volatility extrapolated from Fifth Third options trading.

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When determining whether Fifth Third Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fifth Third's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fifth Third Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fifth Third Bancorp Stock:
Check out Fifth Third Correlation, Fifth Third Volatility and Fifth Third Alpha and Beta module to complement your research on Fifth Third.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Fifth Stock analysis

When running Fifth Third's price analysis, check to measure Fifth Third'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 Fifth Third is operating at the current time. Most of Fifth Third's value examination focuses on studying past and present price action to predict the probability of Fifth Third's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fifth Third's price. Additionally, you may evaluate how the addition of Fifth Third to your portfolios can decrease your overall portfolio volatility.
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Fifth Third 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.
A focus of Fifth Third technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fifth Third trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...