First Community Stock Market Value
| FCCO Stock | USD 16.48 0.16 0.98% |
| Symbol | First |
First Community Price To Book Ratio
Is Regional Banks 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 Community. 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 Community 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 (0.24) | Dividend Share 0.56 | Earnings Share 1.44 | Revenue Per Share 7.696 | Quarterly Revenue Growth 0.018 |
The market value of First Community 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 Community's value that differs from its market value or its book value, called intrinsic value, which is First Community'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 Community's market value can be influenced by many factors that don't directly affect First Community'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 Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Community'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 Community '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 First Community'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 First Community.
| 05/07/2024 |
| 06/06/2024 |
If you would invest 0.00 in First Community on May 7, 2024 and sell it all today you would earn a total of 0.00 from holding First Community or generate 0.0% return on investment in First Community over 30 days. First Community is related to or competes with JPMorgan Chase, Citigroup, Wells Fargo, Toronto Dominion, Bank of America, Royal Bank, and HSBC Holdings. First Community Corporation operates as the bank holding company for First Community Bank which offers various commercia... More
First Community 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 First Community'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 First Community upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.0191 | |||
| Maximum Drawdown | 12.28 | |||
| Value At Risk | (3.47) | |||
| Potential Upside | 3.44 |
First Community Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Community's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Community's standard deviation. In reality, there are many statistical measures that can use First Community historical prices to predict the future First Community's volatility.| Risk Adjusted Performance | 0.027 | |||
| Jensen Alpha | 0.0375 | |||
| Total Risk Alpha | (0.0002) | |||
| Sortino Ratio | 0.0201 | |||
| Treynor Ratio | 0.0477 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Community'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.
First Community Backtested Returns
First Community secures Sharpe Ratio (or Efficiency) of -0.0143, which denotes the company had a -0.0143% return per unit of risk over the last 3 months. First Community exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Community's Downside Deviation of 2.05, mean deviation of 1.42, and Coefficient Of Variation of 3154.94 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.22, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, First Community will likely underperform. At this point, First Community has a negative expected return of -0.0281%. Please make sure to confirm First Community's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to decide if First Community performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.55 |
Good reverse predictability
First Community has good reverse predictability. Overlapping area represents the amount of predictability between First Community time series from 7th of May 2024 to 22nd of May 2024 and 22nd of May 2024 to 6th of June 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 First Community price movement. The serial correlation of -0.55 indicates that about 55.0% of current First Community price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
First Community lagged returns against current returns
Autocorrelation, which is First Community 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 First Community's stock expected returns. We can calculate the autocorrelation of First Community returns to help us make a trade decision. For example, suppose you find that First Community 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 |
First Community 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 First Community stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Community stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Community stock over time.
Current vs Lagged Prices |
| Timeline |
First Community Lagged Returns
When evaluating First Community's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Community stock have on its future price. First Community 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, First Community autocorrelation shows the relationship between First Community stock current value and its past values and can show if there is a momentum factor associated with investing in First Community.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in First Stock
When determining whether First Community offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Community's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Community Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Community Stock:Check out First Community Correlation, First Community Volatility and First Community Alpha and Beta module to complement your research on First Community. To learn how to invest in First Stock, please use our How to Invest in First Community guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
First Community 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.