First Bancorp Stock Market Value

FNLC Stock  USD 28.11  0.26  0.93%   
First Bancorp's market value is the price at which a share of First Bancorp trades on a public exchange. It measures the collective expectations of First Bancorp investors about its performance. First Bancorp is trading at 28.11 as of the 23rd of July 2024, a 0.93 percent increase since the beginning of the trading day. The stock's open price was 27.85.
With this module, you can estimate the performance of a buy and hold strategy of First Bancorp and determine expected loss or profit from investing in First Bancorp over a given investment horizon. Check out First Bancorp Correlation, First Bancorp Volatility and First Bancorp Alpha and Beta module to complement your research on First Bancorp.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
Symbol

First Bancorp Price To Book Ratio

Is Regional Banks space 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 First Bancorp. If investors know First 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 First Bancorp 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
(0.25)
Dividend Share
1.4
Earnings Share
2.48
Revenue Per Share
7.078
Quarterly Revenue Growth
(0.07)
The market value of First Bancorp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Bancorp's value that differs from its market value or its book value, called intrinsic value, which is First Bancorp'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 First Bancorp's market value can be influenced by many factors that don't directly affect First Bancorp'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 First Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bancorp'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.

First Bancorp '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 First Bancorp'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 First Bancorp.
0.00
06/23/2024
No Change 0.00  0.0 
In 31 days
07/23/2024
0.00
If you would invest  0.00  in First Bancorp on June 23, 2024 and sell it all today you would earn a total of 0.00 from holding First Bancorp or generate 0.0% return on investment in First Bancorp over 30 days. First Bancorp is related to or competes with LINKBANCORP, Cullman Bancorp, Bankwell Financial, FS Bancorp, Finward Bancorp, Community West, and First Financial. The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking product... More

First Bancorp 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 First Bancorp'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 First Bancorp upside and downside potential and time the market with a certain degree of confidence.

First Bancorp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for First Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Bancorp's standard deviation. In reality, there are many statistical measures that can use First Bancorp historical prices to predict the future First Bancorp's volatility.
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.
Hype
Prediction
LowEstimatedHigh
26.4128.3830.35
Details
Intrinsic
Valuation
LowRealHigh
25.3031.3733.34
Details
Naive
Forecast
LowNextHigh
26.7928.7630.73
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
21.5625.1028.63
Details
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.

First Bancorp Backtested Returns

First Bancorp appears to be very steady, given 3 months investment horizon. First Bancorp secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2% return per unit of risk over the last 3 months. We have found thirty technical indicators for First Bancorp, which you can use to evaluate the volatility of the firm. Please utilize First Bancorp's Mean Deviation of 1.56, downside deviation of 1.48, and Coefficient Of Variation of 515.87 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, First Bancorp holds a performance score of 15. The firm shows a Beta (market volatility) of 1.1, which means a somewhat significant risk relative to the market. First Bancorp returns are very sensitive to returns on the market. As the market goes up or down, First Bancorp is expected to follow. Please check First Bancorp's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether First Bancorp's price patterns will revert.

Auto-correlation

    
  0.43  

Average predictability

First Bancorp has average predictability. Overlapping area represents the amount of predictability between First Bancorp time series from 23rd of June 2024 to 8th of July 2024 and 8th of July 2024 to 23rd of July 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First Bancorp price movement. The serial correlation of 0.43 indicates that just about 43.0% of current First Bancorp price fluctuation can be explain by its past prices.
Correlation Coefficient0.43
Spearman Rank Test0.18
Residual Average0.0
Price Variance2.51

First Bancorp lagged returns against current returns

Autocorrelation, which is First Bancorp 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 First Bancorp's stock expected returns. We can calculate the autocorrelation of First Bancorp returns to help us make a trade decision. For example, suppose you find that First Bancorp 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 price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

First Bancorp 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 First Bancorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Bancorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Bancorp stock over time.
   Current vs Lagged Prices   
       Timeline  

First Bancorp Lagged Returns

When evaluating First Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Bancorp stock have on its future price. First Bancorp 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, First Bancorp autocorrelation shows the relationship between First Bancorp stock current value and its past values and can show if there is a momentum factor associated with investing in First Bancorp.
   Regressed Prices   
       Timeline  

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Information and Resources on Investing in First Stock

When determining whether First Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bancorp Stock:
Check out First Bancorp Correlation, First Bancorp Volatility and First Bancorp Alpha and Beta module to complement your research on First Bancorp.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
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First Bancorp 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 First Bancorp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of First Bancorp 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...