First Horizon Preferred Stock Price on May 19, 2023

FHN-PE Preferred Stock  USD 24.10  0.10  0.41%   
If you're considering investing in First Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of First Horizon stands at 24.10, as last reported on the 12th of December 2024, with the highest price reaching 24.37 and the lowest price hitting 24.10 during the day. First Horizon secures Sharpe Ratio (or Efficiency) of -0.0706, which denotes the company had a -0.0706% return per unit of risk over the last 3 months. First Horizon exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Horizon's Standard Deviation of 0.6064, variance of 0.3677, and Mean Deviation of 0.4566 to check the risk estimate we provide.
  
First Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0706

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Estimated Market Risk

 0.61
  actual daily
5
95% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average First Horizon is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of First Horizon by adding First Horizon to a well-diversified portfolio.

First Horizon Valuation on May 19, 2023

It is possible to determine the worth of First Horizon on a given historical date. On May 19, 2023 First was worth 17.77 at the beginning of the trading date compared to the closed value of 17.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Horizon preferred stock. Still, in general, we apply an absolute valuation method to find First Horizon's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of First Horizon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Horizon's related companies.
 Open High Low Close Volume
  17.46    18.42    17.45    17.82    22,214  
05/19/2023
  17.77    18.45    17.75    17.99    15,133  
  17.99    18.45    17.68    18.22    35,043  
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Open Value
17.77
17.99
Closing Value
19.59
Upside

First Horizon Trading Date Momentum on May 19, 2023

On May 22 2023 First Horizon was traded for  18.22  at the closing time. The maximum traded price for the trading interval was 18.45  and the lowest daily price was  17.68 . The daily volume was recorded at 35 K. The volume of trading on 22nd of May 2023 played a part in the next trading day price growth. The overall trading delta to the next closing price was 1.28% . The overall trading delta to the closing price today is 2.95% .

First Horizon Fundamentals Correlations and Trends

By evaluating First Horizon's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among First Horizon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. First financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About First Horizon Preferred Stock history

First Horizon investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Horizon will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing First Horizon stock prices may prove useful in developing a viable investing in First Horizon
First Horizon National Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company was founded in 1864 and is headquartered in Memphis, Tennessee. First Horizon operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 4994 people.

First Horizon Preferred Stock Technical Analysis

First Horizon technical preferred 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, preferred stock market cycles, or different charting patterns.
A focus of First Horizon technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of First Horizon 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...

Price Boundaries

First Horizon Period Price Range

Low
December 12, 2024
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High

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First Horizon cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

First Horizon December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how First Horizon preferred 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 Horizon shares will generate the highest return on investment. By undertsting and applying First Horizon preferred stock market strength indicators, traders can identify First Horizon entry and exit signals to maximize returns

First Horizon Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for First Horizon's price direction in advance. Along with the technical and fundamental analysis of First Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of First to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for First Preferred Stock analysis

When running First Horizon's price analysis, check to measure First Horizon'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 Horizon is operating at the current time. Most of First Horizon's value examination focuses on studying past and present price action to predict the probability of First Horizon'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 Horizon's price. Additionally, you may evaluate how the addition of First Horizon to your portfolios can decrease your overall portfolio volatility.
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