First Bank Stock Technical Analysis
FRBA Stock | USD 14.79 0.07 0.48% |
As of the 1st of December, First Bank shows the Variance of 3.54, standard deviation of 1.88, and Mean Deviation of 1.37. First Bank technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
First Bank Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as First, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FirstFirst |
First Bank Analyst Consensus
Target Price | Advice | # of Analysts | |
14.83 | Strong Buy | 3 | Odds |
Most First analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand First stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of First Bank, talking to its executives and customers, or listening to First conference calls.
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.
First Bank Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of First Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.
First Bank Trend Analysis
Use this graph to draw trend lines for First Bank. You can use it to identify possible trend reversals for First Bank as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual First Bank price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.First Bank Best Fit Change Line
The following chart estimates an ordinary least squares regression model for First Bank applied against its price change over selected period. The best fit line has a slop of 0.0072 , which may suggest that First Bank market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.98, which is the sum of squared deviations for the predicted First Bank price change compared to its average price change.About First Bank Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of First Bank on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of First Bank based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on First Bank price pattern first instead of the macroeconomic environment surrounding First Bank. By analyzing First Bank's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of First Bank's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to First Bank specific price patterns or momentum indicators. Please read more on our technical analysis page.
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 December 1, 2024 Technical Indicators
Most technical analysis of First help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for First from various momentum indicators to cycle indicators. When you analyze First charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.01) | |||
Market Risk Adjusted Performance | (0.02) | |||
Mean Deviation | 1.37 | |||
Coefficient Of Variation | (6,468) | |||
Standard Deviation | 1.88 | |||
Variance | 3.54 | |||
Information Ratio | (0.09) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.35) | |||
Treynor Ratio | (0.03) | |||
Maximum Drawdown | 10.41 | |||
Value At Risk | (3.00) | |||
Potential Upside | 3.25 | |||
Skewness | 0.8023 | |||
Kurtosis | 3.16 |
Complementary Tools for First Stock analysis
When running First Bank's price analysis, check to measure First Bank'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 Bank is operating at the current time. Most of First Bank's value examination focuses on studying past and present price action to predict the probability of First Bank'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 Bank's price. Additionally, you may evaluate how the addition of First Bank to your portfolios can decrease your overall portfolio volatility.
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