First Bancshares Stock Market Value
| FUSB Stock | USD 13.49 0.53 4.09% |
| Symbol | First |
First Bancshares Price To Book Ratio
Is Regional Banks 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 First Bancshares. If investors know First 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 First Bancshares 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 0.091 | Dividend Share 0.2 | Earnings Share 1.4 | Revenue Per Share 6.844 | Quarterly Revenue Growth (0.02) |
The market value of First Bancshares is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Bancshares' value that differs from its market value or its book value, called intrinsic value, which is First Bancshares' 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 First Bancshares' market value can be influenced by many factors that don't directly affect First Bancshares' 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 First Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bancshares' 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.
First Bancshares '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 Bancshares' 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 Bancshares.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in First Bancshares on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding First Bancshares or generate 0.0% return on investment in First Bancshares over 720 days. First Bancshares is related to or competes with Magyar Bancorp, Alpine Banks, Sound Financial, Absa Group, First Bancorp, LINKBANCORP, and Bankwell Financial. First US Bancshares, Inc. operates as the bank holding company for First US Bank that provides commercial banking produc... More
First Bancshares 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 Bancshares' 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 Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.91 | |||
| Information Ratio | 0.1108 | |||
| Maximum Drawdown | 13.39 | |||
| Value At Risk | (3.32) | |||
| Potential Upside | 4.1 |
First Bancshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Bancshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Bancshares' standard deviation. In reality, there are many statistical measures that can use First Bancshares historical prices to predict the future First Bancshares' volatility.| Risk Adjusted Performance | 0.1358 | |||
| Jensen Alpha | 0.4085 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1375 | |||
| Treynor Ratio | (2.76) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Bancshares' 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.
First Bancshares Backtested Returns
First Bancshares appears to be somewhat reliable, given 3 months investment horizon. First Bancshares 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 Bancshares, which you can use to evaluate the volatility of the firm. Please utilize First Bancshares' Mean Deviation of 1.76, coefficient of variation of 592.44, and Downside Deviation of 1.91 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, First Bancshares holds a performance score of 13. The firm shows a Beta (market volatility) of -0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning First Bancshares are expected to decrease at a much lower rate. During the bear market, First Bancshares is likely to outperform the market. Please check First Bancshares' semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether First Bancshares' price patterns will revert.
Auto-correlation | 0.23 |
Weak predictability
First Bancshares has weak predictability. Overlapping area represents the amount of predictability between First Bancshares time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 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 Bancshares price movement. The serial correlation of 0.23 indicates that over 23.0% of current First Bancshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.88 |
First Bancshares lagged returns against current returns
Autocorrelation, which is First Bancshares 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 Bancshares' stock expected returns. We can calculate the autocorrelation of First Bancshares returns to help us make a trade decision. For example, suppose you find that First Bancshares 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 Bancshares 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 Bancshares stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Bancshares stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Bancshares stock over time.
Current vs Lagged Prices |
| Timeline |
First Bancshares Lagged Returns
When evaluating First Bancshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Bancshares stock have on its future price. First Bancshares 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 Bancshares autocorrelation shows the relationship between First Bancshares stock current value and its past values and can show if there is a momentum factor associated with investing in First Bancshares.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether First Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Bancshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bancshares Stock:Check out First Bancshares Correlation, First Bancshares Volatility and First Bancshares Alpha and Beta module to complement your research on First Bancshares. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
First Bancshares 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.