First Reliance Bancshares Stock Price on November 13, 2024
| FSRL Stock | USD 9.80 0.12 1.21% |
If you're considering investing in First Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of First Reliance stands at 9.80, as last reported on the 28th of November, with the highest price reaching 9.92 and the lowest price hitting 9.62 during the day. As of now, First Pink Sheet is not too volatile. First Reliance Bancshares secures Sharpe Ratio (or Efficiency) of 0.0692, which denotes the company had a 0.0692% return per unit of risk over the last 3 months. We have found thirty technical indicators for First Reliance Bancshares, which you can use to evaluate the volatility of the firm. Please confirm First Reliance's Mean Deviation of 0.5613, coefficient of variation of 959.89, and Downside Deviation of 0.9412 to check if the risk estimate we provide is consistent with the expected return of 0.0792%.
First Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = 0.0692
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Estimated Market Risk
| 1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average First Reliance is performing at about 5% 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 Reliance by adding it to a well-diversified portfolio.
First Reliance Valuation on November 13, 2024
It is possible to determine the worth of First Reliance on a given historical date. On November 13, 2024 First was worth 10.02 at the beginning of the trading date compared to the closed value of 10.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Reliance pink sheet. Still, in general, we apply an absolute valuation method to find First Reliance'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 Reliance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Reliance's related companies.
| Open | High | Low | Close | Volume | |
| 9.94 | 9.99 | 9.94 | 9.99 | 300.00 | |
11/13/2024 | 10.02 | 10.02 | 10.02 | 10.02 | 600.00 |
| 9.98 | 10.00 | 9.98 | 10.00 | 2,295 |
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First Reliance Trading Date Momentum on November 13, 2024
| On November 14 2024 First Reliance Bancshares was traded for 10.00 at the closing time. The top price for the day was 10.00 and the lowest listed price was 9.98 . The trading volume for the day was 2.3 K. The trading history from November 14, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.20% . The overall trading delta against the current closing price is 2.20% . |
First Reliance Bancshares Fundamentals Correlations and Trends
By evaluating First Reliance'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 Reliance'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 Reliance Pink Sheet history
First Reliance 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 Reliance Bancshares 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 Reliance stock prices may prove useful in developing a viable investing in First Reliance
First Reliance Bancshares, Inc. operates as the bank holding company for First Reliance Bank that provides banking products and services in the United States. First Reliance Bancshares, Inc. was founded in 1999 and is based in Florence, South Carolina. First Reliance operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 175 people.
First Reliance Pink Sheet Technical Analysis
First Reliance technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
First Reliance Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
First Reliance Bancshares cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 Reliance November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how First Reliance pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Reliance shares will generate the highest return on investment. By undertsting and applying First Reliance pink sheet market strength indicators, traders can identify First Reliance Bancshares entry and exit signals to maximize returns
First Reliance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Reliance's price direction in advance. Along with the technical and fundamental analysis of First Pink Sheet 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 | 0.0828 | |||
| Jensen Alpha | 0.0919 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.8399 |
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Other Information on Investing in First Pink Sheet
First Reliance financial ratios help investors to determine whether First Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Reliance security.