First Busey Corp Stock Price on April 22, 2024
| BUSE Stock | USD 23.72 0.26 1.11% |
If you're considering investing in First Stock, it is important to understand the factors that can impact its price. As of today, the current price of First Busey stands at 23.72, as last reported on the 6th of May, with the highest price reaching 23.80 and the lowest price hitting 23.51 during the day. We consider First Busey very steady. First Busey Corp secures Sharpe Ratio (or Efficiency) of 0.0539, which denotes the company had a 0.0539% return per unit of risk over the last 3 months. We have found thirty technical indicators for First Busey Corp, which you can use to evaluate the volatility of the firm. Please confirm First Busey's Coefficient Of Variation of 1855.39, mean deviation of 1.3, and Downside Deviation of 1.91 to check if the risk estimate we provide is consistent with the expected return of 0.1%.
First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = 0.0539
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| Cash | Small Risk | BUSE | High Risk | Huge Risk |
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Estimated Market Risk
| 1.86 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average First Busey is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of First Busey by adding it to a well-diversified portfolio.
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First Busey Valuation on April 22, 2024
It is possible to determine the worth of First Busey on a given historical date. On April 22, 2024 First was worth 22.83 at the beginning of the trading date compared to the closed value of 22.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Busey stock. Still, in general, we apply an absolute valuation method to find First Busey's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of First Busey where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Busey's related companies.
| Open | High | Low | Close | Volume | |
| 21.91 | 22.84 | 21.75 | 22.81 | 238,036 | |
04/22/2024 | 22.83 | 23.13 | 22.77 | 22.89 | 157,018 |
| 22.86 | 23.40 | 22.86 | 23.27 | 117,190 |
| Backtest First Busey | | | First Busey History | | | First Busey Valuation | Previous | Next |
First Busey Trading Date Momentum on April 22, 2024
| On April 23 2024 First Busey Corp was traded for 23.27 at the closing time. The top price for the day was 23.40 and the lowest listed price was 22.86 . The trading volume for the day was 117.2 K. The trading history from April 23, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 1.66% . The overall trading delta against the current closing price is 1.09% . |
First Busey Corp Fundamentals Correlations and Trends
By evaluating First Busey's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among First Busey's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. First financial account trend analysis is a perfect complement when working with valuation or volatility modules.About First Busey Stock history
First Busey investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Busey Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing First Busey stock prices may prove useful in developing a viable investing in First Busey
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.
First Busey Stock Technical Analysis
First Busey 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.
Price Boundaries
First Busey Period Price Range
Low | April 22, 2024
| High |
22.83 | 22.89 |
First Busey May 6, 2024 Market Strength
Market strength indicators help investors to evaluate how First Busey stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Busey shares will generate the highest return on investment. By undertsting and applying First Busey stock market strength indicators, traders can identify First Busey Corp entry and exit signals to maximize returns
First Busey Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Busey's price direction in advance. Along with the technical and fundamental analysis of First Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of First to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0406 | |||
| Jensen Alpha | 0.0941 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0109 | |||
| Treynor Ratio | (1.61) |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in First Busey Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
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.