First Stock Alpha and Beta Analysis

FNLC Stock  USD 23.28  0.25  1.06%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as First Bancorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in First Bancorp over a specified time horizon. Remember, high First Bancorp'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.
Sharpe Ratio
Expected Return
Please note that although First Bancorp 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, First Bancorp did 0.11  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 First Bancorp stock's relative risk over its benchmark. First Bancorp has a beta of 0.41  . As returns on the market increase, First Bancorp returns are expected to increase less than the market. However, during the bear market, the loss on holding First Bancorp will be expected to be smaller as well. First Bancorp Enterprise Value over EBIT is projected to decrease significantly based on the last few years of reporting. The past year's Enterprise Value over EBIT was at 8.00. The current year's Enterprise Value over EBITDA is expected to grow to 11.23, whereas Tangible Assets Book Value per Share are forecasted to decline to 230.43.

First Bancorp Quarterly Book Value per Share


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 First Bancorp Backtesting, First Bancorp Valuation, First Bancorp Correlation, First Bancorp Hype Analysis, First Bancorp Volatility, First Bancorp History and analyze First Bancorp Performance. For information on how to trade First Stock refer to our How to Trade First Stock guide.

First Bancorp Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. First Bancorp market risk premium is the additional return an investor will receive from holding First Bancorp 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 First Bancorp. 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 First Bancorp's performance over market.
α-0.11   β0.41

First Bancorp 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 First Bancorp's Buy-and-hold return. Our buy-and-hold chart shows how First Bancorp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

First Bancorp Market Price Analysis

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

First Bancorp Return and Market Media

The median price of First Bancorp for the period between Mon, Jun 26, 2023 and Sun, Sep 24, 2023 is 24.93 with a coefficient of variation of 5.02. The daily time series for the period is distributed with a sample standard deviation of 1.26, arithmetic mean of 25.14, and mean deviation of 1.07. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
EPS Estimate
CCTV Script 030523 - CNBC
EPS Reported
First Bancorp dividend paid on 20th of July 2023
Keefe, Bruyette Woods Maintains First Bancorp FBNC ... - Nas...
Banks Near 50 Billion Stock Losses Set Up Market For Among W...
Those who invested in First Bancorp three years ago are up 4...
Epoch Investment Partners Inc. Trims Stock Position in Curti...
Republic First Bancorp Postpones Shareholder Meet as It Revi...

About First Bancorp 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 First or other stocks. Alpha measures the amount that position in First 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.
 2020 2021 2022 2023 (projected)
PPandE Turnover3.913.433.843.44
Calculated Tax Rate15.8817.4117.7221.5

First Bancorp Upcoming Company Events

As portrayed in its financial statements, the presentation of First Bancorp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Bancorp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of First Bancorp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of First Bancorp. Please utilize our Beneish M Score to check the likelihood of First Bancorp's management manipulating its earnings.
18th of October 2023
Upcoming Quarterly Report
30th of September 2023
Next Fiscal Quarter End

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Check out First Bancorp Backtesting, First Bancorp Valuation, First Bancorp Correlation, First Bancorp Hype Analysis, First Bancorp Volatility, First Bancorp History and analyze First Bancorp Performance. For information on how to trade First Stock refer to our How to Trade First Stock guide. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running First Bancorp's price analysis, check to measure First Bancorp'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 First Bancorp is operating at the current time. Most of First Bancorp's value examination focuses on studying past and present price action to predict the probability of First Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Bancorp's price. Additionally, you may evaluate how the addition of First Bancorp to your portfolios can decrease your overall portfolio volatility.
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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...