Republic Stock Story

FRBK
 Stock
  

USD 3.61  0.04  1.12%   

Given the investment horizon of 60 days Republic First is expected to under-perform the market. In addition to that, the company is 2.05 times more volatile than its market benchmark. It trades about -0.12 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.1 per unit of volatility. As many conservative investors are still indifferent towards recent market risk, it is prudent, from our point of view, to examine Republic First's current volatility. We will cover the possibilities of Republic First's current volatility to continue through August. Republic First's low volatility may still impact the value of the stock as we estimate it as currently overvalued. The real value, based on our analysis, is getting close to 3.30 per share.
Published over three weeks ago
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Is Republic First (NASDAQ:FRBK) a good hedge for your existing portfolios?

The company currently holds 11.28 M in liabilities with Debt to Equity (D/E) ratio of 0.2, which may suggest Republic First is not taking enough advantage from borrowing. Debt can assist Republic First until it has trouble settling it off, either with new capital or with free cash flow. So, Republic First'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 Republic First Bcp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Republic to invest in growth at high rates of return. When we think about Republic First's use of debt, we should always consider it together with cash and equity.
Volatility is a rate at which the price of Republic First or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Republic First may increase or decrease. In other words, similar to Republic's beta indicator, it measures the risk of Republic First and helps estimate the fluctuations that may happen in a short period of time. So if prices of Republic First fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.

How important is Republic First's Liquidity

Republic First financial leverage refers to using borrowed capital as a funding source to finance Republic First Bcp ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Republic First financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Republic First's total debt and its cash.

How does Republic utilize its cash?

To perform a cash flow analysis of Republic First, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Republic First is receiving and how much cash it distributes out in a given period. The Republic First cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Republic First Net Cash Flow from Operations is decreasing as compared to previous years. The last year's value of Net Cash Flow from Operations was reported at (12.34 Million)

Republic First Volatility Drivers

Republic First unsystematic risk is unique to Republic First Bcp and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Republic First you can also buy BRASIL ON NM. You can also mitigate this risk by investing in the banks—regional sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Republic First important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Republic First income statement and balance sheet. Here are more details about Republic volatility.
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