BancFirst Stock Market Value

BANF Stock  USD 84.11  0.26  0.31%   
BancFirst's market value is the price at which a share of BancFirst stock trades on a public exchange. It measures the collective expectations of BancFirst investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of BancFirst and determine expected loss or profit from investing in BancFirst over a given investment horizon. Check out BancFirst Correlation, BancFirst Volatility and BancFirst Alpha and Beta module to complement your research on BancFirst. For more detail on how to invest in BancFirst Stock please use our How to Invest in BancFirst guide.

BancFirst company Valuation

Is BancFirst'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 BancFirst. If investors know BancFirst 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 BancFirst 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
Dividend Share
Earnings Share
Revenue Per Share
Quarterly Revenue Growth
The market value of BancFirst is measured differently than its book value, which is the value of BancFirst that is recorded on the company's balance sheet. Investors also form their own opinion of BancFirst's value that differs from its market value or its book value, called intrinsic value, which is BancFirst'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 BancFirst's market value can be influenced by many factors that don't directly affect BancFirst'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 BancFirst's value and its price as these two are different measures arrived at by different means. Investors typically determine BancFirst value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BancFirst'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.

BancFirst 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to BancFirst's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of BancFirst.
No Change 0.00  0.0 
In 1 year 11 months and 22 days
If you would invest  0.00  in BancFirst on April 6, 2021 and sell it all today you would earn a total of 0.00 from holding BancFirst or generate 0.0% return on investment in BancFirst over 720 days. BancFirst is related to or competes with Cleanaway Waste, Nobility Homes, Postal Realty, and Xunlei. BancFirst Corporation operates as the bank holding company for BancFirst that provides a range of commercial banking ser... More

BancFirst Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure BancFirst's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess BancFirst upside and downside potential and time the market with a certain degree of confidence.

BancFirst Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for BancFirst's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BancFirst's standard deviation. In reality, there are many statistical measures that can use BancFirst historical prices to predict the future BancFirst's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of BancFirst'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 use the tools below to analyze the current value of BancFirst in the context of predictive analytics.
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LowReal ValueHigh
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LowTarget PriceHigh
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as BancFirst. Your research has to be compared to or analyzed against BancFirst's peers to derive any actionable benefits. When done correctly, BancFirst'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 BancFirst.

BancFirst Backtested Returns

BancFirst secures Sharpe Ratio (or Efficiency) of -0.0254, which signifies that the company had -0.0254% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. BancFirst exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm BancFirst mean deviation of 1.51, and Risk Adjusted Performance of (0.020107) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.1456, which signifies a somewhat significant risk relative to the market. Let's try to break down what BancFirst's beta means in this case. BancFirst returns are very sensitive to returns on the market. As the market goes up or down, BancFirst is expected to follow. Even though it is essential to pay attention to BancFirst historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. BancFirst exposes twenty-eight different technical indicators, which can help you to evaluate its performance. BancFirst has an expected return of -0.053%. Please be advised to confirm BancFirst downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness to decide if BancFirst performance from the past will be repeated at some point in the near future.



Very good reverse predictability

BancFirst has very good reverse predictability. Overlapping area represents the amount of predictability between BancFirst time series from 6th of April 2021 to 1st of April 2022 and 1st of April 2022 to 27th of March 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BancFirst price movement. The serial correlation of -0.7 indicates that around 70.0% of current BancFirst price fluctuation can be explain by its past prices.
Correlation Coefficient-0.7
Spearman Rank Test0.03
Residual Average0.0
Price Variance73.08

BancFirst lagged returns against current returns

Autocorrelation, which is BancFirst stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting BancFirst's stock expected returns. We can calculate the autocorrelation of BancFirst returns to help us make a trade decision. For example, suppose you find that BancFirst stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   

BancFirst regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If BancFirst stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BancFirst stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BancFirst stock over time.
   Current vs Lagged Prices   

BancFirst Lagged Returns

When evaluating BancFirst's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BancFirst stock have on its future price. BancFirst autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, BancFirst autocorrelation shows the relationship between BancFirst stock current value and its past values and can show if there is a momentum factor associated with investing in BancFirst.
   Regressed Prices   

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BancFirst in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BancFirst's short interest history, or implied volatility extrapolated from BancFirst options trading.

Pair Trading with BancFirst

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BancFirst position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BancFirst will appreciate offsetting losses from the drop in the long position's value.

Moving together with BancFirst

+0.63AFBIAffinity Bancshares Normal TradingPairCorr
The ability to find closely correlated positions to BancFirst could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BancFirst when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BancFirst - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BancFirst to buy it.
The correlation of BancFirst is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BancFirst moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BancFirst moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BancFirst can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out BancFirst Correlation, BancFirst Volatility and BancFirst Alpha and Beta module to complement your research on BancFirst. For more detail on how to invest in BancFirst Stock please use our How to Invest in BancFirst guide. You can also try CEO Directory module to screen CEOs from public companies around the world.

Complementary Tools for analysis

When running BancFirst price analysis, check to measure BancFirst'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 BancFirst is operating at the current time. Most of BancFirst's value examination focuses on studying past and present price action to predict the probability of BancFirst's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BancFirst's price. Additionally, you may evaluate how the addition of BancFirst to your portfolios can decrease your overall portfolio volatility.
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BancFirst technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of BancFirst technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BancFirst trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...