First Guaranty Cash Per Share vs. Return On Asset
| FGBIP Preferred Stock | USD 21.75 0.15 0.69% |
For First Guaranty profitability analysis, we use financial ratios and fundamental drivers that measure the ability of First Guaranty to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well First Guaranty Bancshares utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between First Guaranty's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of First Guaranty Bancshares over time as well as its relative position and ranking within its peers.
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First Guaranty Bancshares Return On Asset vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining First Guaranty's current stock value. Our valuation model uses many indicators to compare First Guaranty value to that of its competitors to determine the firm's financial worth. First Guaranty Bancshares is one of the top stocks in cash per share category among its peers. It is rated # 4 in return on asset category among its peers . The ratio of Cash Per Share to Return On Asset for First Guaranty Bancshares is about 1,170 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the First Guaranty's earnings, one of the primary drivers of an investment's value.First Return On Asset vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
First Guaranty |
| = | 11.23 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
First Guaranty |
| = | 0.0096 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
First Return On Asset Comparison
First Guaranty is currently under evaluation in return on asset category among its peers.
First Guaranty Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in First Guaranty, profitability is also one of the essential criteria for including it into their portfolios because, without profit, First Guaranty will eventually generate negative long term returns. The profitability progress is the general direction of First Guaranty's change in net profit over the period of time. It can combine multiple indicators of First Guaranty, 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.
First Guaranty Bancshares, Inc. operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. First Guaranty Bancshares, Inc. was founded in 1934 and is headquartered in Hammond, Louisiana. First Guaranty operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 463 people.
First Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on First Guaranty. 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 Guaranty 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 Guaranty's important profitability drivers and their relationship over time.
Use First Guaranty 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 Guaranty 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 Guaranty will appreciate offsetting losses from the drop in the long position's value.First Guaranty Pair Trading
First Guaranty Bancshares Pair Trading Analysis
The ability to find closely correlated positions to First Guaranty 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 Guaranty 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 Guaranty - 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 Guaranty Bancshares to buy it.
The correlation of First Guaranty 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 Guaranty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Guaranty Bancshares 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 Guaranty 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 Guaranty position
In addition to having First Guaranty 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?
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Additional Tools for First Preferred Stock Analysis
When running First Guaranty's price analysis, check to measure First Guaranty'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 Guaranty is operating at the current time. Most of First Guaranty's value examination focuses on studying past and present price action to predict the probability of First Guaranty'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 Guaranty's price. Additionally, you may evaluate how the addition of First Guaranty to your portfolios can decrease your overall portfolio volatility.