First Story

FHN -- USA Stock

USD 16.68 0.36 2.21%

Macroaxis Story

As many of us are excited about financial services space, it is fair to outline First Horizon National within current market trends. As expected, First Horizon is starting to reaffirm its true potential as institutional investors are becoming more and more confident in the future outlook. The returns on the market and returns on First Horizon appear somewhat sensitive to each other for the last few months. Persistent basic indicators of the company may also entail signals of long-standing gains for First institutional investors. First Horizon National is scheduled to announce its earnings today. The next earnings report is expected on the 20th of April 2021.

Published over a month ago

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Will First Horizon (NYSE:FHN) price continue to rise in February?

First Horizon National's average rating is Buy from 11 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 Horizon market sentiment investors' perception of the future value of First. Let us look at a few aspects of First technical analysis. The company has Net Profit Margin of 37.23 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 27.59 %, which entails that for every 100 dollars of revenue, it generated 0.28 of operating income.

Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of First Horizon Corp. In general, we focus on analyzing First Horizon stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build First Horizon'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 Horizon's intrinsic value. In addition to deriving basic predictive indicators for First Horizon, we also check how macroeconomic factors affect First Horizon 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, frequently view the market will even out over time. This tendency of First Horizon's stock 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 use the tools below to analyze the current value of First Horizon in the context of predictive analytics.

Please note, it is not enough to conduct a financial or market analysis of a single entity such as First Horizon. Your research has to be compared to or analyzed against First Horizon's peers to derive any actionable benefits. When done correctly, First Horizon's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in First Horizon Corp.

How does First Stands against Peers?

Analyzing First Horizon 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 Horizon 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 Horizon Competition Details

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.

It is good to see analyst projects for First Horizon, but it might be worth checking our own buy vs. sell analysis

Payment of 1105 shares by Tammy LoCascio of First Horizon subject to Rule 16b-3

Legal trades by First Horizon insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:

First insider trading alert for payment of common stock by Tammy LoCascio, Sr. EVP Chief HR Officer, on 3rd of March 2021. This event was filed by First Horizon Corp with SEC on 2021-03-03. Statement of changes in beneficial ownership - SEC Form 4. Tammy LoCascio currently serves as executive vice president-consumer banking of the bank of First Horizon Corp [view details]

Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Closer look at First Horizon Semi Variance

First Horizon National has current Semi Variance of 4.16. Semi-variance provides a good measure of downside volatility for equity or a portfolio. It is similar to variance, but it only looks at periods where the returns are less than the target or average level.

Semi-variance is the square of semi-deviation. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.

Semi Variance

SUM(RET DEV)²

N(ZERO)

4.16

SUM	=	Summation notation
RET DEV	=	Actual return deviation over selected period
N(ZERO)	=	Number of points with returns less than zero

Let's now compare First Horizon Semi Variance to its closest peers:

FHN

EGBN

EBMT

	FHN	4.161224427641881
	EGBN	3.68
	EBMT	4.16
	KB	3.38
	AX	2.14

First technical analysis suggests possible bounce back

The expected short fall is down to -2.81 as of today. First Horizon National currently demonstrates below-verage downside deviation. It has Information Ratio of 0.1 and Jensen Alpha of 0.46. However, we do advice investors to further question First Horizon National expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Final Take On First Horizon

Whereas some firms within the banks?regional industry are still a little expensive, even after the recent corrections, First Horizon may offer a potential longer-term growth to institutional investors. While some institutional investors may not share our view, we believe that right now is not a good time to increase your holdings in First. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to First Horizon.

About Contributor

Achuva Shats is a Member of Macroaxs Editorial Board. Achuva writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce 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 Achuva Shats do not own shares of First Horizon Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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First Story

USD 16.68 0.36 2.21%

How does First Stands against Peers?

What do experts say?

Payment of 1105 shares by Tammy LoCascio of First Horizon subject to Rule 16b-3

Closer look at First Horizon Semi Variance

First technical analysis suggests possible bounce back

Our Final Take On First Horizon

About Contributor

Would you like to provide feedback on the content of this article?

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