F N Story

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FNB -- USA Stock  

USD 9.31  0.22  2.31%

As many millenniums are trying to avoid financial services space, it makes sense to go over F N B a little further and try to understand its current market patterns. As we have suggested previously, F N is beginning its slip as investors shift to be more bearish due to the increased sector volatility. F N B barely shadows the market. The returns on investing in F N and the market returns of the last few months appear uncorrelated. Strong fundamental drivers of the company may suggest signs of short-term price drift for investors. F N B is scheduled to announce its earnings today. The next earnings report is expected on the 19th of January 2021.
Published over a month ago
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Is F N (NYSE:FNB) moving to revert?
F N B's average rating is Buy from 8 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 F N market sentiment investors' perception of the future value of F N. Let us look at a few aspects of F N technical analysis. About 76.0% of the company shares are owned by institutional investors. F N B has price-to-book (P/B) ratio of 0.5. Some equities with similar Price to Book (P/B) outperform the market in the long run. The entity has Price/Earnings To Growth (PEG) ratio of 0.79. The firm last dividend was issued on the 3rd of September 2020. F N had 105:100 split on the 13th of May 2003.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of F N B. In general, we focus on analyzing F N stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build F N'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 F N's intrinsic value. In addition to deriving basic predictive indicators for F N, we also check how macroeconomic factors affect F N price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does F N Stands against Peers?

Analyzing F N 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 F N 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 F N 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 F N, but it might be worth checking our own buy vs. sell analysis

Purchase by Pamela Bena of 2000 shares of F N

Legal trades by F N 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:
F N insider trading alert for perchase of common stock by Pamela Bena, the corporate stakeholder, on 2nd of November 2020. This event was filed by Fnb Corp with SEC on 2020-11-02. Statement of changes in beneficial ownership - SEC Form 4 [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 F N Mean Deviation

F N B has current Mean Deviation of 1.98. The mean deviation of the equity instrument is the first measure of the distances between each value of security historical prices and the mean. It gives us an idea of how spread out from the center the distribution of returns.

Mean Deviation is the average of the absolute values of the differences between price distribution numbers and their mean. Mean deviation of equity instrument with a lot of historical data is a biased estimator because the time horizon used in calculation will always be much smaller than the entire price history of the equity. The mean deviation is typically used as a measure of dispersion for small investment horizon, otherwise standard deviation is a better measure of dispersion.

Mean Deviation 
 = 
SUM(RET DEV) 
 = 
1.98
SUM = Summation notation
RET DEV = Sum of return deviations of F N
N = Number of calculation points for selected time horizon
Let's now compare F N Mean Deviation to its closest peers:
FNB
DB
EFSC
EGBN
KB
FNB1.9837173585858585
DB1.69
EFSC2.06
EGBN2.04
KB1.7

Our F N analysis suggests possible reversion in November

F N current market risk adjusted performance builds up over 0.12. F N B currently demonstrates below-verage downside deviation. It has Information Ratio of -0.03 and Jensen Alpha of 0.0. However, we do advice investors to further question F N B expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Final Take On F N

When is the right time to buy or sell F N B? Buying stocks such as F N isn't very hard. However, what challenging for most investors is doing it at the right time. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily bases. In closing, as of the 19th of October 2020, our primary 30 days Buy-Hold-Sell recommendation on the company is Hold. We believe F N is fairly valued with average probability of financial unrest for the next two years.

About Contributor

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 F N B. Please refer to our Terms of Use for any information regarding our disclosure principles.

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