Firstcash Stock Market Value
| FCFS Stock | USD 132.03 0.47 0.35% |
| Symbol | FirstCash |
FirstCash Price To Book Ratio
Is FirstCash's industry 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 FirstCash. If investors know FirstCash 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 FirstCash 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 (0.11) | Dividend Share 1.36 | Earnings Share 4.81 | Revenue Per Share 69.343 | Quarterly Revenue Growth 0.137 |
The market value of FirstCash is measured differently than its book value, which is the value of FirstCash that is recorded on the company's balance sheet. Investors also form their own opinion of FirstCash's value that differs from its market value or its book value, called intrinsic value, which is FirstCash'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 FirstCash's market value can be influenced by many factors that don't directly affect FirstCash'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 FirstCash's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstCash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstCash'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.
FirstCash '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 FirstCash's 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 FirstCash.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in FirstCash on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding FirstCash or generate 0.0% return on investment in FirstCash over 30 days. FirstCash is related to or competes with World Acceptance, Enova International, Green Dot, Medallion Financial, SLM Corp, Federal Agricultural, and Navient Corp. FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and r... More
FirstCash 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 FirstCash's 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 FirstCash upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.22 | |||
| Information Ratio | 0.122 | |||
| Maximum Drawdown | 7.28 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 2.29 |
FirstCash Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FirstCash's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FirstCash's standard deviation. In reality, there are many statistical measures that can use FirstCash historical prices to predict the future FirstCash's volatility.| Risk Adjusted Performance | 0.1264 | |||
| Jensen Alpha | 0.1711 | |||
| Total Risk Alpha | 0.0657 | |||
| Sortino Ratio | 0.1316 | |||
| Treynor Ratio | 0.2796 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FirstCash's 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.
FirstCash Backtested Returns
FirstCash appears to be very steady, given 3 months investment horizon. FirstCash secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for FirstCash, which you can use to evaluate the volatility of the firm. Please utilize FirstCash's Mean Deviation of 1.05, downside deviation of 1.22, and Coefficient Of Variation of 514.87 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, FirstCash holds a performance score of 13. The firm shows a Beta (market volatility) of 0.88, which means possible diversification benefits within a given portfolio. FirstCash returns are very sensitive to returns on the market. As the market goes up or down, FirstCash is expected to follow. Please check FirstCash's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether FirstCash's price patterns will revert.
Auto-correlation | 0.81 |
Very good predictability
FirstCash has very good predictability. Overlapping area represents the amount of predictability between FirstCash time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 FirstCash price movement. The serial correlation of 0.81 indicates that around 81.0% of current FirstCash price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 1.3 |
FirstCash lagged returns against current returns
Autocorrelation, which is FirstCash 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 FirstCash's stock expected returns. We can calculate the autocorrelation of FirstCash returns to help us make a trade decision. For example, suppose you find that FirstCash 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 |
FirstCash 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 FirstCash stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FirstCash stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FirstCash stock over time.
Current vs Lagged Prices |
| Timeline |
FirstCash Lagged Returns
When evaluating FirstCash's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FirstCash stock have on its future price. FirstCash 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, FirstCash autocorrelation shows the relationship between FirstCash stock current value and its past values and can show if there is a momentum factor associated with investing in FirstCash.
Regressed Prices |
| Timeline |
FirstCash Investors Sentiment
The influence of FirstCash's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in FirstCash. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to FirstCash's public news can be used to forecast risks associated with an investment in FirstCash. The trend in average sentiment can be used to explain how an investor holding FirstCash can time the market purely based on public headlines and social activities around FirstCash. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
FirstCash's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for FirstCash's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average FirstCash's news discussions. The higher the estimated score, the more favorable is the investor's outlook on FirstCash.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards FirstCash in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, FirstCash's short interest history, or implied volatility extrapolated from FirstCash options trading.
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Try AI Portfolio ArchitectCheck out FirstCash Correlation, FirstCash Volatility and FirstCash Alpha and Beta module to complement your research on FirstCash. For more information on how to buy FirstCash Stock please use our How to Invest in FirstCash guide.Note that the FirstCash information on this page should be used as a complementary analysis to other FirstCash's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for FirstCash Stock analysis
When running FirstCash's price analysis, check to measure FirstCash'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 FirstCash is operating at the current time. Most of FirstCash's value examination focuses on studying past and present price action to predict the probability of FirstCash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstCash's price. Additionally, you may evaluate how the addition of FirstCash to your portfolios can decrease your overall portfolio volatility.
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FirstCash 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.