First Financial Bancorp Stock Alpha and Beta Analysis
| FFBC Stock | USD 29.53 0.18 0.61% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as First Financial Bancorp. It also helps investors analyze the systematic and unsystematic risks associated with investing in First Financial over a specified time horizon. Remember, high First Financial'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 Financial's market risk premium analysis include:
Beta 2.36 | Alpha (0.05) | Risk 2.59 | Sharpe Ratio 0.0911 | Expected Return 0.24 |
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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.
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First Financial Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. First Financial market risk premium is the additional return an investor will receive from holding First Financial 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 Financial. 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 Financial's performance over market.| α | -0.05 | β | 2.36 |
First Financial 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 Financial's Buy-and-hold return. Our buy-and-hold chart shows how First Financial performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.First Financial Market Price Analysis
Market price analysis indicators help investors to evaluate how First Financial 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 Financial shares will generate the highest return on investment. By understating and applying First Financial stock market price indicators, traders can identify First Financial position entry and exit signals to maximize returns.
First Financial Return and Market Media
The median price of First Financial for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 25.66 with a coefficient of variation of 6.89. The daily time series for the period is distributed with a sample standard deviation of 1.81, arithmetic mean of 26.28, and mean deviation of 1.45. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Acquisition by Purkrabek Knust Susan L of 382 shares of First Financial at 19.6 subject to Rule 16b-3 | 09/13/2024 |
| First Financial dividend paid on 16th of September 2024 | 09/16/2024 |
2 | Acquisition by Gregory Harris of 10982 shares of First Financial subject to Rule 16b-3 | 09/24/2024 |
3 | Disposition of 12500 shares by Dennen Richard S of First Financial at 27.43 subject to Rule 16b-3 | 10/17/2024 |
4 | First Financial Bancorp earnings beat by 0.01, revenue fell short of estimates | 10/24/2024 |
5 | First Financial Bancorp Will Pay A Dividend Of 0.24 | 10/29/2024 |
6 | First Financial Bancorp chief internal auditor sells 97,458 in stock | 10/30/2024 |
7 | First Financial Bancorp director Berta Vince sells 295,900 in stock | 11/06/2024 |
8 | First Financial Bancorp director sells 321,910 in stock | 11/07/2024 |
9 | Disposition of 5000 shares by Dennen Richard S of First Financial at 29.7577 subject to Rule 16b-3 | 11/11/2024 |
10 | First Financial Bancorps chief corp. banking officer sells 148,788 in stock | 11/12/2024 |
11 | Disposition of 932 shares by Dennen Richard S of First Financial at 30.0 subject to Rule 16b-3 | 11/13/2024 |
12 | Disposition of 4068 shares by Dennen Richard S of First Financial at 30.01 subject to Rule 16b-3 | 11/25/2024 |
13 | Disposition of 5400 shares by Gregory Harris of First Financial at 29.81 subject to Rule 16b-3 | 11/26/2024 |
14 | First Financial Bancorps Gregory Harris sells 160,974 in stock | 11/27/2024 |
About First Financial 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 Financial 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 | 0.0377 | 0.0382 | 0.0391 | 0.0294 | Price To Sales Ratio | 3.72 | 3.2 | 2.8 | 3.99 |
First Financial Upcoming Company Events
As portrayed in its financial statements, the presentation of First Financial's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Financial's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of First Financial's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of First Financial. Please utilize our Beneish M Score to check the likelihood of First Financial's management manipulating its earnings.
| 18th of April 2024 Upcoming Quarterly Report | View | |
| 18th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 23rd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Build Portfolio with First Financial
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 Financial Backtesting, First Financial Valuation, First Financial Correlation, First Financial Hype Analysis, First Financial Volatility, First Financial History and analyze First Financial Performance. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
First Financial 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.