First Merchants Stock Price on September 19, 2024
| FRME Stock | USD 43.75 0.21 0.48% |
Below is the normalized historical share price chart for First Merchants extending back to June 20, 1989. 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 First Merchants stands at 43.75, as last reported on the 30th of November, with the highest price reaching 44.43 and the lowest price hitting 43.25 during the day.
If you're considering investing in First Stock, it is important to understand the factors that can impact its price. First Merchants appears to be very steady, given 3 months investment horizon. First Merchants secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First Merchants, which you can use to evaluate the volatility of the firm. Please utilize First Merchants' Coefficient Of Variation of 1172.83, downside deviation of 1.66, and Mean Deviation of 1.53 to check if our risk estimates are consistent with your expectations.
At present, First Merchants' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 19.3 B, whereas Common Stock is forecasted to decline to about 4.4 M. . At present, First Merchants' Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 8.93, whereas Price Earnings To Growth Ratio is projected to grow to (3.97). First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of February 1992 | 200 Day MA 35.927 | 50 Day MA 39.181 | Beta 1.023 |
First |
Sharpe Ratio = 0.1003
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Estimated Market Risk
| 2.62 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average First Merchants is performing at about 7% 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 First Merchants by adding it to a well-diversified portfolio.
Price Book 1.1326 | Price Sales 4.328 | Shares Float 57.8 M | Dividend Share 1.38 | Wall Street Target Price 44 |
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First Merchants Valuation on September 19, 2024
It is possible to determine the worth of First Merchants on a given historical date. On September 19, 2024 First was worth 38.28 at the beginning of the trading date compared to the closed value of 38.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Merchants stock. Still, in general, we apply an absolute valuation method to find First Merchants' 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 Merchants where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Merchants' related companies.
| Open | High | Low | Close | Volume | |
| 37.44 | 38.81 | 36.86 | 37.38 | 267,596 | |
09/19/2024 | 38.28 | 38.76 | 37.49 | 38.73 | 291,933 |
| 38.43 | 38.87 | 37.16 | 37.30 | 1,069,804 |
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First Merchants Trading Date Momentum on September 19, 2024
| On September 20 2024 First Merchants was traded for 37.30 at the closing time. The top price for the day was 38.87 and the lowest listed price was 37.16 . The trading volume for the day was 1.1 M. The trading history from September 20, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.69% . The overall trading delta against the current closing price is 5.76% . |
First Merchants Fundamentals Correlations and Trends
By evaluating First Merchants' 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 Merchants' 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 Merchants Stock history
First Merchants 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 Merchants 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 Merchants stock prices may prove useful in developing a viable investing in First Merchants
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 59.5 M | 62.5 M | |
| Net Income Applicable To Common Shares | 253.8 M | 266.5 M |
First Merchants Stock Technical Analysis
First Merchants 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
First Merchants Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
First Merchants 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.
First Merchants November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how First Merchants 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 Merchants shares will generate the highest return on investment. By undertsting and applying First Merchants stock market strength indicators, traders can identify First Merchants entry and exit signals to maximize returns
First Merchants Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Merchants' price direction in advance. Along with the technical and fundamental analysis of First 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.
| Risk Adjusted Performance | 0.0722 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0495 | |||
| Treynor Ratio | 0.0867 |
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Complementary Tools for First Stock analysis
When running First Merchants' price analysis, check to measure First Merchants' 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 Merchants is operating at the current time. Most of First Merchants' value examination focuses on studying past and present price action to predict the probability of First Merchants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Merchants' price. Additionally, you may evaluate how the addition of First Merchants to your portfolios can decrease your overall portfolio volatility.
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