First American Number Of Shares Shorted vs. Market Capitalization
| FAF Stock | USD 70.63 1.38 1.99% |
For First American profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First American to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First American utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First American's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First American over time as well as its relative position and ranking within its peers.
First |
First American's Revenue Breakdown by Earning Segment
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Is Property & Casualty Insurance 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 American. 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 American 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 (0.16) | Dividend Share 2.13 | Earnings Share 0.88 | Revenue Per Share 56.505 | Quarterly Revenue Growth (0.05) |
The market value of First American 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 American's value that differs from its market value or its book value, called intrinsic value, which is First American'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 First American's market value can be influenced by many factors that don't directly affect First American'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 First American's value and its price as these two are different measures arrived at by different means. Investors typically determine if First American is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First American'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.
First American Market Capitalization vs. Number Of Shares Shorted Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining First American's current stock value. Our valuation model uses many indicators to compare First American value to that of its competitors to determine the firm's financial worth. First American is rated # 4 in number of shares shorted category among its peers. It is rated # 5 in market capitalization category among its peers creating about 5,617 of Market Capitalization per Number Of Shares Shorted. At this time, First American's Market Cap is most likely to decrease significantly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value First American by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.First Market Capitalization vs. Number Of Shares Shorted
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
First American |
| = | 1.3 M |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
First American |
| = | 7.28 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
First Market Capitalization vs Competition
First American is rated # 5 in market capitalization category among its peers. Market capitalization of Financials industry is currently estimated at about 64.16 Billion. First American retains roughly 7.28 Billion in market capitalization claiming about 11% of equities under Financials industry.
First American Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in First American, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First American will eventually generate negative long term returns. The profitability progress is the general direction of First American's change in net profit over the period of time. It can combine multiple indicators of First American, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -655.8 M | -623 M | |
| Operating Income | 401.5 M | 306.2 M | |
| Income Before Tax | 274.4 M | 478 M | |
| Total Other Income Expense Net | -127.1 M | -120.7 M | |
| Net Income | 216.8 M | 358.5 M | |
| Income Tax Expense | 58.9 M | 56 M | |
| Net Income Applicable To Common Shares | 302.4 M | 431 M | |
| Net Income From Continuing Ops | 215.5 M | 204.7 M | |
| Interest Income | 545.5 M | 572.8 M | |
| Net Interest Income | -132.5 M | -125.9 M | |
| Change To Netincome | 556.2 M | 584 M | |
| Net Income Per Share | 2.08 | 2.34 | |
| Income Quality | 1.63 | 1.10 | |
| Net Income Per E B T | 0.79 | 0.57 |
First Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on First American. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of First American position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the First American's important profitability drivers and their relationship over time.
Use First American in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First American position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First American will appreciate offsetting losses from the drop in the long position's value.First American Pair Trading
First American Pair Trading Analysis
The ability to find closely correlated positions to First American could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First American when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First American - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First American to buy it.
The correlation of First American is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First American moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First American moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First American can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your First American position
In addition to having First American in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Supplies Theme or any other thematic opportunities.
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Check out Investing Opportunities. For more detail on how to invest in First Stock please use our How to Invest in First American guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
To fully project First American's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of First American at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include First American's income statement, its balance sheet, and the statement of cash flows.