First American Stock Probability of Future Stock Price Finishing Over 62.34
| FAF Stock | USD 55.24 0.25 0.45% |
Closest to current price First long CALL Option Payoff at Expiration
First |
First American Target Price Odds to finish over 62.34
The tendency of First Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 62.34 or more in 90 days |
| 55.24 | 90 days | 62.34 | about 1.07 |
Based on a normal probability distribution, the odds of First American to move over $ 62.34 or more in 90 days from now is about 1.07 (This First American probability density function shows the probability of First Stock to fall within a particular range of prices over 90 days) . Probability of First American price to stay between its current price of $ 55.24 and $ 62.34 at the end of the 90-day period is more than 93.0 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.59 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, First American will likely underperform. Additionally First American has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. First American Price Density |
| Price |
Predictive Modules for First American
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First American. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First American'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.
First American Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. First American is not an exception. The market had few large corrections towards the First American's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold First American, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of First American within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.22 | |
β | Beta against NYSE Composite | 1.59 | |
σ | Overall volatility | 1.82 | |
Ir | Information ratio | -0.1 |
First American Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of First American for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for First American can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| First American generated a negative expected return over the last 90 days | |
| First American is unlikely to experience financial distress in the next 2 years | |
| The company has 1.39 B in debt with debt to equity (D/E) ratio of 0.5, which is OK given its current industry classification. First American has a current ratio of 0.38, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist First American until it has trouble settling it off, either with new capital or with free cash flow. So, First American's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First American sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First American's use of debt, we should always consider it together with cash and equity. | |
| First American has a strong financial position based on the latest SEC filings | |
| Over 90.0% of First American shares are owned by institutional investors | |
| On 15th of March 2024 First American paid $ 0.53 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: House Price Growth Continues to Cool in March, According to First American Data Analytics Monthly Home Price Index Report |
First American Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of First Stock often depends not only on the future outlook of the current and potential First American's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. First American's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 104.6 M | |
| Cash And Short Term Investments | 3.7 B |
First American Technical Analysis
First American's future price can be derived by breaking down and analyzing its technical indicators over time. First Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of First American. In general, you should focus on analyzing First Stock price patterns and their correlations with different microeconomic environments and drivers.
First American Predictive Forecast Models
First American's time-series forecasting models is one of many First American's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary First American's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about First American
Checking the ongoing alerts about First American for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for First American help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| First American generated a negative expected return over the last 90 days | |
| First American is unlikely to experience financial distress in the next 2 years | |
| The company has 1.39 B in debt with debt to equity (D/E) ratio of 0.5, which is OK given its current industry classification. First American has a current ratio of 0.38, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist First American until it has trouble settling it off, either with new capital or with free cash flow. So, First American's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like First American sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for First to invest in growth at high rates of return. When we think about First American's use of debt, we should always consider it together with cash and equity. | |
| First American has a strong financial position based on the latest SEC filings | |
| Over 90.0% of First American shares are owned by institutional investors | |
| On 15th of March 2024 First American paid $ 0.53 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: House Price Growth Continues to Cool in March, According to First American Data Analytics Monthly Home Price Index Report |
Check out First American Backtesting, First American Valuation, First American Correlation, First American Hype Analysis, First American Volatility, First American History as well as First American Performance. For more detail on how to invest in First Stock please use our How to Invest in First American guide.Note that the First American information on this page should be used as a complementary analysis to other First American's 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for First Stock analysis
When running First American's price analysis, check to measure First American'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 American is operating at the current time. Most of First American's value examination focuses on studying past and present price action to predict the probability of First American'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 American's price. Additionally, you may evaluate how the addition of First American to your portfolios can decrease your overall portfolio volatility.
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Is First American'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 American. 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 American 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 (0.38) | Dividend Share 2.1 | Earnings Share 2.07 | Revenue Per Share 57.56 | Quarterly Revenue Growth (0.15) |
The market value of First American 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 American's value that differs from its market value or its book value, called intrinsic value, which is First American'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 American's market value can be influenced by many factors that don't directly affect First American'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 American's value and its price as these two are different measures arrived at by different means. Investors typically determine if First American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First American'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.