Fifth Third Bancorp Stock Price on November 5, 2024
FITB Stock | USD 48.16 0.09 0.19% |
Below is the normalized historical share price chart for Fifth Third Bancorp extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fifth Third stands at 48.16, as last reported on the 28th of November, with the highest price reaching 48.88 and the lowest price hitting 48.06 during the day.
If you're considering investing in Fifth Stock, it is important to understand the factors that can impact its price. Fifth Third appears to be very steady, given 3 months investment horizon. Fifth Third Bancorp secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Fifth Third Bancorp, which you can use to evaluate the volatility of the firm. Please utilize Fifth Third's Coefficient Of Variation of 673.81, mean deviation of 1.07, and Downside Deviation of 1.27 to check if our risk estimates are consistent with your expectations.
At present, Fifth Third's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 177.4 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 606.5 M. . At present, Fifth Third's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 17.12, whereas Price Book Value Ratio is forecasted to decline to 1.17. Fifth Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 39.263 | 50 Day MA 44.2892 | Beta 1.231 |
Fifth |
Sharpe Ratio = 0.1338
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Estimated Market Risk
1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Fifth Third is performing at about 10% of its full potential. 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 Fifth Third by adding it to a well-diversified portfolio.
Price Book 1.7399 | Price Sales 4.0126 | Shares Float 666.6 M | Dividend Share 1.42 | Wall Street Target Price 49.025 |
Related Headline
Comerica Headline on 5th of November 2024
Disposition of 2570 shares by Bruce Mitchell of Comerica at ... by seekingalpha.com
Filed transaction by Comerica Officer: Executive Vice President. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Fifth Third Valuation on November 5, 2024
It is possible to determine the worth of Fifth Third on a given historical date. On November 5, 2024 Fifth was worth 42.92 at the beginning of the trading date compared to the closed value of 43.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fifth Third stock. Still, in general, we apply an absolute valuation method to find Fifth Third'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 Fifth Third where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fifth Third's related companies.
Open | High | Low | Close | Volume | |
43.13 | 43.19 | 42.60 | 42.83 | 4,038,341 | |
11/05/2024 | 42.92 | 43.45 | 42.86 | 43.16 | 3,602,987 |
45.45 | 46.90 | 45.07 | 46.87 | 11,671,093 |
Backtest Fifth Third | | | Fifth Third History | | | Fifth Third Valuation | Previous | Next |
Fifth Third Trading Date Momentum on November 5, 2024
On November 06 2024 Fifth Third Bancorp was traded for 46.87 at the closing time. The top price for the day was 46.90 and the lowest listed price was 45.07 . The trading volume for the day was 11.7 M. The trading history from November 6, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 8.60% . The overall trading delta against the current closing price is 10.08% . |
Fifth Third Bancorp Fundamentals Correlations and Trends
By evaluating Fifth Third'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 Fifth Third's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fifth financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fifth Third Stock history
Fifth Third 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 Fifth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fifth Third Bancorp 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 Fifth Third stock prices may prove useful in developing a viable investing in Fifth Third
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 687.7 M | 606.5 M | |
Net Income Applicable To Common Shares | 2.7 B | 1.7 B |
Fifth Third Stock Technical Analysis
Fifth Third 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.
Price Boundaries
Fifth Third Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Fifth Third Bancorp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Fifth Third November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Fifth Third stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fifth Third shares will generate the highest return on investment. By undertsting and applying Fifth Third stock market strength indicators, traders can identify Fifth Third Bancorp entry and exit signals to maximize returns
Fifth Third Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fifth Third's price direction in advance. Along with the technical and fundamental analysis of Fifth Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fifth 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.
Risk Adjusted Performance | 0.1187 | |||
Jensen Alpha | 0.0333 | |||
Total Risk Alpha | (0.02) | |||
Sortino Ratio | 0.085 | |||
Treynor Ratio | 0.141 |
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Volume Indicators |
Complementary Tools for Fifth Stock analysis
When running Fifth Third's price analysis, check to measure Fifth Third'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 Fifth Third is operating at the current time. Most of Fifth Third's value examination focuses on studying past and present price action to predict the probability of Fifth Third's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fifth Third's price. Additionally, you may evaluate how the addition of Fifth Third to your portfolios can decrease your overall portfolio volatility.
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