First Financial Statements From 2010 to 2024
| FACODelisted Stock | USD 0.80 0.00 0.00% |
Check First Acceptance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Acceptance's main balance sheet or income statement drivers, such as , as well as many indicators such as . First financial statements analysis is a perfect complement when working with First Acceptance Valuation or Volatility modules.
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First Acceptance Corp OTC Stock Current Valuation Analysis
First Acceptance's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current First Acceptance Current Valuation | 53.46 M |
Most of First Acceptance's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Acceptance Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, First Acceptance Corp has a Current Valuation of 53.46 M. This is 99.84% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The current valuation for all United States stocks is 99.68% higher than that of the company.
First Acceptance Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining First Acceptance's current stock value. Our valuation model uses many indicators to compare First Acceptance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Acceptance competition to find correlations between indicators driving First Acceptance's intrinsic value. More Info.First Acceptance Corp is rated # 5 in profit margin category among its peers. It also is rated # 5 in operating margin category among its peers reporting about 1.25 of Operating Margin per Profit Margin. Comparative valuation analysis is a catch-all model that can be used if you cannot value First Acceptance by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for First Acceptance's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About First Acceptance Financial Statements
First Acceptance investors utilize fundamental indicators, such as revenue or net income, to predict how First OTC Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
First Acceptance Corporation, together with its subsidiaries, operates as a retailer, servicer, and underwriter of non-standard personal automobile insurance and related products in the United States. First Acceptance Corporation was founded in 1969 and is headquartered in Nashville, Tennessee. First Acceptance is traded on OTC Exchange in the United States.
Pair Trading with First Acceptance
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 First Acceptance 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 First Acceptance will appreciate offsetting losses from the drop in the long position's value.Moving against First OTC Stock
| 0.5 | MCY | Mercury General | PairCorr |
| 0.49 | HMN | Horace Mann Educators | PairCorr |
| 0.46 | HCI | HCI Group | PairCorr |
| 0.46 | TRV | The Travelers Companies Fiscal Year End 17th of January 2025 | PairCorr |
| 0.42 | PRA | ProAssurance | PairCorr |
The ability to find closely correlated positions to First Acceptance could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Acceptance 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 First Acceptance - 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 First Acceptance Corp to buy it.
The correlation of First Acceptance is a statistical measure of how it moves in relation to other instruments. 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 First Acceptance moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Acceptance Corp 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 First Acceptance 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.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. Note that the First Acceptance Corp information on this page should be used as a complementary analysis to other First Acceptance's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Other Consideration for investing in First OTC Stock
If you are still planning to invest in First Acceptance Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the First Acceptance's history and understand the potential risks before investing.
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