First National Bank Stock Market Value
| FBAK Stock | USD 236.00 1.62 0.69% |
| Symbol | First |
First National 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to First National's otc stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of First National.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in First National on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding First National Bank or generate 0.0% return on investment in First National over 180 days. First National is related to or competes with IF Bancorp, LINKBANCORP, Pathfinder Bancorp, First Keystone, Citizens Financial, Home Bancorp, and First Community. First National Bank Alaska, a commercial bank, provides various banking products and services for business, industry, an... More
First National Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure First National's otc stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess First National Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.23 | |||
| Information Ratio | 0.0716 | |||
| Maximum Drawdown | 9.59 | |||
| Value At Risk | (2.53) | |||
| Potential Upside | 2.5 |
First National Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First National's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First National's standard deviation. In reality, there are many statistical measures that can use First National historical prices to predict the future First National's volatility.| Risk Adjusted Performance | 0.113 | |||
| Jensen Alpha | 0.2611 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0603 | |||
| Treynor Ratio | (3.71) |
First National Bank Backtested Returns
First National appears to be very steady, given 3 months investment horizon. First National Bank secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First National Bank, which you can use to evaluate the volatility of the firm. Please utilize First National's Downside Deviation of 2.23, mean deviation of 1.29, and Coefficient Of Variation of 713.95 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, First National holds a performance score of 14. The firm shows a Beta (market volatility) of -0.0681, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning First National are expected to decrease at a much lower rate. During the bear market, First National is likely to outperform the market. Please check First National's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether First National's price patterns will revert.
Auto-correlation | 0.71 |
Good predictability
First National Bank has good predictability. Overlapping area represents the amount of predictability between First National time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First National Bank price movement. The serial correlation of 0.71 indicates that around 71.0% of current First National price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 122.01 |
First National Bank lagged returns against current returns
Autocorrelation, which is First National otc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting First National's otc stock expected returns. We can calculate the autocorrelation of First National returns to help us make a trade decision. For example, suppose you find that First National has exhibited high autocorrelation historically, and you observe that the otc stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
First National regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If First National otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First National otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First National otc stock over time.
Current vs Lagged Prices |
| Timeline |
First National Lagged Returns
When evaluating First National's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First National otc stock have on its future price. First National autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, First National autocorrelation shows the relationship between First National otc stock current value and its past values and can show if there is a momentum factor associated with investing in First National Bank.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in First OTC Stock
First National financial ratios help investors to determine whether First OTC Stock 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 National security.