First Bancorp Stock Alpha and Beta Analysis
| FNLC Stock | USD 22.74 0.22 0.98% |
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. Key technical indicators related to First Bancorp's market risk premium analysis include:
Beta 1.37 | Alpha (0.30) | Risk 1.87 | Sharpe Ratio (0.11) | Expected Return (0.20) |
Enterprise Value |
|
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.
First |
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 | -0.3 | β | 1.37 |
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 Fri, Jan 26, 2024 and Thu, Apr 25, 2024 is 23.09 with a coefficient of variation of 4.61. The daily time series for the period is distributed with a sample standard deviation of 1.08, arithmetic mean of 23.49, and mean deviation of 0.85. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | First Bancorp announces 0.22 cash dividend per share By Investing.com - Investing.com UK | 03/15/2024 |
2 | First BanCorp. Director Crespo Luz Sells 10,000 Shares - MarketBeat | 03/19/2024 |
3 | Disposition of 387 shares by Susan Norton of First Bancorp at 31.76 subject to Rule 16b-3 | 03/25/2024 |
4 | The First Bancorp, Inc. Is About To Go Ex-Dividend, And It Pays A 5.9 percent Yield | 04/04/2024 |
5 | Disposition of 750 shares by Robert Gregory of First Bancorp subject to Rule 16b-3 | 04/12/2024 |
6 | FNLC Stock Earnings First Bancorp Reported Results for Q1 2024 | 04/18/2024 |
| First Bancorp dividend paid on 19th of April 2024 | 04/19/2024 |
7 | First BanCorp. Q1 2024 Earnings Call Transcript - Seeking Alpha | 04/23/2024 |
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.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0407 | 0.0452 | 0.0497 | 0.0302 | Price To Sales Ratio | 4.0 | 3.52 | 2.18 | 2.07 |
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.
| 17th of April 2024 Upcoming Quarterly Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View |
Build Portfolio with First Bancorp
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for First Stock analysis
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.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |
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.