First Bank Stock Alpha and Beta Analysis
| FRBA Stock | USD 14.72 0.10 0.67% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as First Bank. It also helps investors analyze the systematic and unsystematic risks associated with investing in First Bank over a specified time horizon. Remember, high First Bank's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to First Bank's market risk premium analysis include:
Beta 1.53 | Alpha (0.22) | Risk 1.92 | Sharpe Ratio (0.01) | Expected Return (0.02) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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First Bank Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. First Bank market risk premium is the additional return an investor will receive from holding First Bank long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Bank. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate First Bank's performance over market.| α | -0.22 | β | 1.53 |
First Bank expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of First Bank's Buy-and-hold return. Our buy-and-hold chart shows how First Bank performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.First Bank Market Price Analysis
Market price analysis indicators help investors to evaluate how First Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Bank shares will generate the highest return on investment. By understating and applying First Bank stock market price indicators, traders can identify First Bank position entry and exit signals to maximize returns.
First Bank Return and Market Media
The median price of First Bank for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 14.84 with a coefficient of variation of 2.93. The daily time series for the period is distributed with a sample standard deviation of 0.43, arithmetic mean of 14.83, and mean deviation of 0.35. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | First National Corporation Completes Acquisition of Touchstone Bankshares, Inc. - StockTitan | 10/01/2024 |
2 | Stock market today PNB, IDFC FIRST Bank, RBL Bank among nine stocks in FO ban list on October 8 Stock Market News - Mint | 10/07/2024 |
3 | First Bank Announces Third Quarter 2024 Net Income of 8.2 Million | 10/23/2024 |
4 | First Bank Stock Price Down 6.61 percent on Oct 24 | 10/24/2024 |
5 | First Bank Q3 2024 Earnings Call Highlights Robust Loan and Deposit Growth Amid Margin ... | 10/29/2024 |
| First Bank dividend paid on 22nd of November 2024 | 11/22/2024 |
About First Bank Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including First or other stocks. Alpha measures the amount that position in First Bank has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0103 | 0.0174 | 0.0165 | 0.00952 | Price To Sales Ratio | 3.17 | 2.75 | 3.36 | 2.51 |
First Bank Upcoming Company Events
As portrayed in its financial statements, the presentation of First Bank's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Bank's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of First Bank's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of First Bank. Please utilize our Beneish M Score to check the likelihood of First Bank's management manipulating its earnings.
| 24th of April 2024 Upcoming Quarterly Report | View | |
| 24th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 22nd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Build Portfolio with First Bank
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out First Bank Backtesting, First Bank Valuation, First Bank Correlation, First Bank Hype Analysis, First Bank Volatility, First Bank History and analyze First Bank Performance. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
First Bank 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.