Fifth Third Bancorp Stock Alpha and Beta Analysis

FITB Stock  USD 36.74  1.06  2.97%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Fifth Third Bancorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Fifth Third over a specified time horizon. Remember, high Fifth Third's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Fifth Third's market risk premium analysis include:
Beta
1.48
Alpha
(0.07)
Risk
1.61
Sharpe Ratio
0.0725
Expected Return
0.12
Please note that although Fifth Third alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Fifth Third did 0.07  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Fifth Third Bancorp stock's relative risk over its benchmark. Fifth Third Bancorp has a beta of 1.48  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Fifth Third will likely underperform. The current year's Enterprise Value Multiple is expected to grow to 88.39, whereas Price Book Value Ratio is forecasted to decline to 1.17.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Fifth Third Backtesting, Fifth Third Valuation, Fifth Third Correlation, Fifth Third Hype Analysis, Fifth Third Volatility, Fifth Third History and analyze Fifth Third Performance.

Fifth Third Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Fifth Third market risk premium is the additional return an investor will receive from holding Fifth Third long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fifth Third. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Fifth Third's performance over market.
α-0.07   β1.48

Fifth Third expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Fifth Third's Buy-and-hold return. Our buy-and-hold chart shows how Fifth Third performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Fifth Third Market Price Analysis

Market price analysis indicators help investors to evaluate how Fifth Third stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fifth Third shares will generate the highest return on investment. By understating and applying Fifth Third stock market price indicators, traders can identify Fifth Third position entry and exit signals to maximize returns.

Fifth Third Return and Market Media

The median price of Fifth Third for the period between Fri, Dec 29, 2023 and Thu, Mar 28, 2024 is 34.56 with a coefficient of variation of 3.12. The daily time series for the period is distributed with a sample standard deviation of 1.08, arithmetic mean of 34.71, and mean deviation of 0.92. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
       Timeline  
 
Fifth Third dividend paid on 16th of January 2024
01/16/2024
1
Fifth Third CEO Tim Spences pay increased double digits last year
02/22/2024
2
MQS Management LLC Buys New Shares in Vishay Intertechnology, Inc.
02/29/2024
3
London Co. of Virginia Buys 2,576 Shares of Qualys, Inc.
03/05/2024
4
The Manufacturers Life Insurance Company Has 65.91 Million Position in Fifth Third Bancorp
03/08/2024
5
Disposition of tradable shares by James Leonard of Fifth Third at 36.695 subject to Rule 16b-3
03/11/2024
6
Dow Jones Futures Fall Ahead Of CPI Inflation Data AI Giant Oracle Surges On Earnings
03/12/2024
7
Fifth Third Bancorp declares 0.35 dividend
03/18/2024
8
Stephens cuts Fifth Third Bancorp stock to Equal Weight, cites less upside
03/19/2024
9
Disposition of 5000 shares by Jude Schramm of Fifth Third at 36.38 subject to Rule 16b-3
03/25/2024
10
Fifth Third Bancorp Surged 50 percent Due to Historic Bond Market Rally
03/27/2024

About Fifth Third Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Fifth or other stocks. Alpha measures the amount that position in Fifth Third Bancorp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2023 2024 (projected)
Price Earnings Ratio11.0410.0517.12
Short Term Coverage Ratios2.760.570.76

Fifth Third Upcoming Company Events

As portrayed in its financial statements, the presentation of Fifth Third's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Fifth Third's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Fifth Third's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Fifth Third. Please utilize our Beneish M Score to check the likelihood of Fifth Third's management manipulating its earnings.
18th of April 2024
Upcoming Quarterly Report
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18th of July 2024
Next Financial Report
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31st of March 2024
Next Fiscal Quarter End
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17th of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

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When determining whether Fifth Third Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fifth Third'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 Fifth Third Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fifth Third Bancorp Stock:

Complementary Tools for Fifth Stock analysis

When running Fifth Third's price analysis, check to measure Fifth Third'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 Fifth Third is operating at the current time. Most of Fifth Third's value examination focuses on studying past and present price action to predict the probability of Fifth Third's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fifth Third's price. Additionally, you may evaluate how the addition of Fifth Third to your portfolios can decrease your overall portfolio volatility.
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Fifth Third 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 Fifth Third technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fifth Third 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...