First Reconciled Depreciation from 2010 to 2025

FCCO Stock  USD 22.36  0.31  1.37%   
First Community Reconciled Depreciation yearly trend continues to be very stable with very little volatility. Reconciled Depreciation is likely to drop to about 1.2 M. During the period from 2010 to 2025, First Community Reconciled Depreciation quarterly data regression pattern had sample variance of 353.8 B and median of  1,791,000. View All Fundamentals
 
Reconciled Depreciation  
First Reported
1996-09-30
Previous Quarter
460 K
Current Value
461 K
Quarterly Volatility
191.9 K
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Community financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Community's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2 M, Interest Expense of 39.3 M or Selling General Administrative of 33 M, as well as many indicators such as Price To Sales Ratio of 2.84, Dividend Yield of 0.0209 or PTB Ratio of 1.2. First financial statements analysis is a perfect complement when working with First Community Valuation or Volatility modules.
  
Check out the analysis of First Community Correlation against competitors.
To learn how to invest in First Stock, please use our How to Invest in First Community guide.

Latest First Community's Reconciled Depreciation Growth Pattern

Below is the plot of the Reconciled Depreciation of First Community over the last few years. It is First Community's Reconciled Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Community's overall financial position and show how it may be relating to other accounts over time.
Reconciled Depreciation10 Years Trend
Slightly volatile
   Reconciled Depreciation   
       Timeline  

First Reconciled Depreciation Regression Statistics

Arithmetic Mean1,617,844
Geometric Mean1,354,800
Coefficient Of Variation36.77
Mean Deviation410,129
Median1,791,000
Standard Deviation594,827
Sample Variance353.8B
Range2M
R-Value(0.35)
Mean Square Error332.4B
R-Squared0.12
Significance0.18
Slope(43,849)
Total Sum of Squares5.3T

First Reconciled Depreciation History

20251.2 M
20241.9 M
20231.9 M
2022158 K
2021201 K
2020M
20192.1 M

About First Community Financial Statements

First Community investors utilize fundamental indicators, such as Reconciled Depreciation, to predict how First Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Reconciled Depreciation1.9 M1.2 M

Pair Trading with First Community

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 Community 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 Community will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

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  0.87BY Byline BancorpPairCorr
  0.78NU Nu HoldingsPairCorr

Moving against First Stock

  0.56VBFC Village BankPairCorr
  0.49ECBK ECB BancorpPairCorr
  0.34DB Deutsche Bank AGPairCorr
The ability to find closely correlated positions to First Community 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 Community 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 Community - 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 Community to buy it.
The correlation of First Community 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 Community moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Community 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 Community 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.
Pair CorrelationCorrelation Matching
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 the analysis of First Community Correlation against competitors.
To learn how to invest in First Stock, please use our How to Invest in First Community guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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
0.279
Dividend Share
0.59
Earnings Share
1.82
Revenue Per Share
8.551
Quarterly Revenue Growth
0.162
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.