First Republic (Mexico) Market Value
| FRC Stock | MXN 60.95 0.00 0.00% |
| Symbol | First |
First Republic '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 Republic's 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 Republic.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in First Republic on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding First Republic Bank or generate 0.0% return on investment in First Republic over 510 days. First Republic is related to or competes with First Majestic, Ameriprise Financial, McEwen Mining, Lloyds Banking, CVS Health, Micron Technology, and Prudential Financial. First Republic Bank, together with its subsidiaries, provides private banking, private business banking, and private wea... More
First Republic 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 Republic's 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 Republic Bank upside and downside potential and time the market with a certain degree of confidence.
First Republic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Republic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Republic's standard deviation. In reality, there are many statistical measures that can use First Republic historical prices to predict the future First Republic's volatility.First Republic Bank Backtested Returns
We have found three technical indicators for First Republic Bank, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and First Republic are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
First Republic Bank has no correlation between past and present. Overlapping area represents the amount of predictability between First Republic time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Republic Bank price movement. The serial correlation of 0.0 indicates that just 0.0% of current First Republic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
First Republic Bank lagged returns against current returns
Autocorrelation, which is First Republic 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 Republic's stock expected returns. We can calculate the autocorrelation of First Republic returns to help us make a trade decision. For example, suppose you find that First Republic has exhibited high autocorrelation historically, and you observe that the 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 Republic 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 Republic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Republic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Republic stock over time.
Current vs Lagged Prices |
| Timeline |
First Republic Lagged Returns
When evaluating First Republic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Republic stock have on its future price. First Republic 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 Republic autocorrelation shows the relationship between First Republic stock current value and its past values and can show if there is a momentum factor associated with investing in First Republic Bank.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for First Stock Analysis
When running First Republic's price analysis, check to measure First Republic'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 Republic is operating at the current time. Most of First Republic's value examination focuses on studying past and present price action to predict the probability of First Republic'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 Republic's price. Additionally, you may evaluate how the addition of First Republic to your portfolios can decrease your overall portfolio volatility.