First Bancorp's average rating is Strong Buy from 4 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on First Bancorp market sentiment investors' perception of the future value of First. Let us look at a few aspects of First technical analysis.
Using predictive
technical analysis, we can analyze different prices and returns patterns and
diagnose historical swings to determine the real value of First Bancorp. In general, sophisticated investors focus on analyzing First Bancorp stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build First Bancorp's daily price indicators and compare them against related drivers such as
momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional
technical analysis and
fundamental analysis, we attempt to find the most accurate representation of
First Bancorp's intrinsic value. In addition to deriving basic predictive indicators for First Bancorp, many experienced traders also check how macroeconomic factors affect First Bancorp price patterns. Please read more on our
technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed
many market ups and downs, anticipate that the market will even out over time. This tendency of First Bancorp'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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as First Bancorp. Your research has to be compared to or analyzed against First Bancorp's peers to derive any actionable benefits. When done correctly, First Bancorp'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 First Bancorp.
How does First Stands against Peers?
Analyzing First Bancorp competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to First Bancorp across multiple sectors and
thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be. Check out
First Bancorp Competition DetailsFirst Bancorp Gross Profit
First Bancorp Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing First Bancorp previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show First Bancorp Gross Profit growth over the last 10 years. Please check First Bancorp's
gross profit and other
fundamental indicators for more details.
Closer look at First Bancorp Downside Variance
First Bancorp has current Downside Variance of 5.48. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
Downside Variance | = | SUM(RET DEV)2 N(ER) |
| = | 5.48 |
SUM | = | Summation notation |
RET DEV | = | Actual returns deviation over selected period |
N(ER) | = | Number of points with returns less than expected return for the period |
Let's now compare First Bancorp Downside Variance to its closest peers:
| FBP | 5.4773367424458 |
| FNLC | 3.23 |
| BHB | 3.92 |
Analysis of First Bancorp
Recent Sortino Ratio is up to 0.1. Price may decline again.
As of the 26th of January, First Bancorp shows the Coefficient Of Variation of 1137.01,
downside deviation of 2.34, and Mean Deviation of 1.55. First Bancorp
technical analysis allows you to utilize
historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of
historical prices and volume momentum, or the prices will eventually revert. We have analyzed nineteen
technical drivers for First Bancorp, which can be compared to its rivals. Please confirm
First Bancorp variance,
maximum drawdown, as well as the
relationship between the Maximum Drawdown and
semi variance to decide if First Bancorp is priced favorably, providing market reflects its regular price of 14.84 per share. Given that First Bancorp has
jensen alpha of 0.2659, we urge you to verify First Bancorp's prevailing market performance to make sure the company can sustain itself at a future point.
Our Final Takeaway
Although few other entities in the banks—regional industry are either recovering or due for a correction, First Bancorp may not be performing as strong as the other in terms of long-term growth potentials. To conclude, as of the 26th of January 2022, we believe First Bancorp is currently
undervalued. It responds to the market and projects
below average probability of bankruptcy in the next two years. Our current 90 days buy-sell recommendation on the firm is
Strong Buy.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of First Bancorp. Please refer to our
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