Firstservice Corp Stock Market Value
| FSV Stock | USD 159.66 4.40 2.68% |
| Symbol | FirstService |
FirstService Corp Price To Book Ratio
Is Real Estate Management & Development space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of FirstService Corp. If investors know FirstService will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about FirstService Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.069 | Dividend Share 1 | Earnings Share 2.97 | Revenue Per Share | Quarterly Revenue Growth 0.265 |
The market value of FirstService Corp is measured differently than its book value, which is the value of FirstService that is recorded on the company's balance sheet. Investors also form their own opinion of FirstService Corp's value that differs from its market value or its book value, called intrinsic value, which is FirstService Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FirstService Corp's market value can be influenced by many factors that don't directly affect FirstService Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FirstService Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstService Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstService Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
FirstService Corp '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 FirstService Corp'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 FirstService Corp.
| 02/11/2025 |
| 03/13/2025 |
If you would invest 0.00 in FirstService Corp on February 11, 2025 and sell it all today you would earn a total of 0.00 from holding FirstService Corp or generate 0.0% return on investment in FirstService Corp over 30 days. FirstService Corp is related to or competes with Cushman Wakefield, CBRE Group, Jones Lang, Marcus Millichap, New England, J W, and Maui Land. FirstService Corporation, together with its subsidiaries, provides residential property management and other essential p... More
FirstService Corp 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 FirstService Corp'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 FirstService Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 5.89 | |||
| Value At Risk | (2.05) | |||
| Potential Upside | 1.65 |
FirstService Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FirstService Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FirstService Corp's standard deviation. In reality, there are many statistical measures that can use FirstService Corp historical prices to predict the future FirstService Corp's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.49) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FirstService Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
FirstService Corp Backtested Returns
FirstService Corp secures Sharpe Ratio (or Efficiency) of -0.21, which denotes the company had a -0.21 % return per unit of risk over the last 3 months. FirstService Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm FirstService Corp's Variance of 1.34, mean deviation of 0.844, and Standard Deviation of 1.16 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.51, which means possible diversification benefits within a given portfolio. As returns on the market increase, FirstService Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding FirstService Corp is expected to be smaller as well. At this point, FirstService Corp has a negative expected return of -0.26%. Please make sure to confirm FirstService Corp's total risk alpha, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if FirstService Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.47 |
Modest reverse predictability
FirstService Corp has modest reverse predictability. Overlapping area represents the amount of predictability between FirstService Corp time series from 11th of February 2025 to 26th of February 2025 and 26th of February 2025 to 13th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of FirstService Corp price movement. The serial correlation of -0.47 indicates that about 47.0% of current FirstService Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 23.57 |
FirstService Corp lagged returns against current returns
Autocorrelation, which is FirstService Corp 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 FirstService Corp's stock expected returns. We can calculate the autocorrelation of FirstService Corp returns to help us make a trade decision. For example, suppose you find that FirstService Corp 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 |
FirstService Corp 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 FirstService Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FirstService Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FirstService Corp stock over time.
Current vs Lagged Prices |
| Timeline |
FirstService Corp Lagged Returns
When evaluating FirstService Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FirstService Corp stock have on its future price. FirstService Corp 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, FirstService Corp autocorrelation shows the relationship between FirstService Corp stock current value and its past values and can show if there is a momentum factor associated with investing in FirstService Corp.
Regressed Prices |
| Timeline |
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Additional Tools for FirstService Stock Analysis
When running FirstService Corp's price analysis, check to measure FirstService Corp'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 FirstService Corp is operating at the current time. Most of FirstService Corp's value examination focuses on studying past and present price action to predict the probability of FirstService Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstService Corp's price. Additionally, you may evaluate how the addition of FirstService Corp to your portfolios can decrease your overall portfolio volatility.