First Cash Per Share from 2010 to 2024

FRMEP Stock  USD 25.55  0.05  0.20%   
First Merchants Cash Per Share yearly trend continues to be relatively stable with very little volatility. Cash Per Share is likely to grow to 30.80 this year. During the period from 2010 to 2024, First Merchants Cash Per Share destribution of quarterly values had range of 47.9943 from its regression line and mean deviation of  8.99. View All Fundamentals
 
Cash Per Share  
First Reported
2010-12-31
Previous Quarter
29.33588314
Current Value
30.8
Quarterly Volatility
11.98288642
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Merchants financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Merchants' main balance sheet or income statement drivers, such as Other Operating Expenses of 349.7 M, Operating Income of 272.2 M or EBIT of 272.2 M, as well as many indicators such as Price To Sales Ratio of 2.73, Dividend Yield of 0.0353 or PTB Ratio of 1.46. First financial statements analysis is a perfect complement when working with First Merchants Valuation or Volatility modules.
  
Check out the analysis of First Merchants Correlation against competitors.
To learn how to invest in First Stock, please use our How to Invest in First Merchants guide.

Latest First Merchants' Cash Per Share Growth Pattern

Below is the plot of the Cash Per Share of First Merchants over the last few years. It is First Merchants' Cash Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Merchants' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 5.06 X10 Years Trend
Slightly volatile
   Cash Per Share   
       Timeline  

First Cash Per Share Regression Statistics

Arithmetic Mean28.94
Geometric Mean26.47
Coefficient Of Variation41.40
Mean Deviation8.99
Median26.38
Standard Deviation11.98
Sample Variance143.59
Range47.9943
R-Value0.70
Mean Square Error79.18
R-Squared0.49
Significance0
Slope1.87
Total Sum of Squares2,010

First Cash Per Share History

2024 30.8
2023 29.34
2022 38.57
2021 55.52
2020 46.33
2019 40.56
2018 26.76

About First Merchants Financial Statements

First Merchants shareholders use historical fundamental indicators, such as Cash Per Share, to determine how well the company is positioned to perform in the future. Although First Merchants investors may analyze each financial statement separately, they are all interrelated. The changes in First Merchants' assets and liabilities, for example, are also reflected in the revenues and expenses on on First Merchants' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cash Per Share 29.34  30.80 

Pair Trading with First Merchants

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

Moving together with First Stock

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  0.78BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
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Moving against First Stock

  0.77CFG-PE Citizens FinancialPairCorr
  0.7TFC-PR Truist FinancialPairCorr
  0.67TFC-PO Truist FinancialPairCorr
  0.6WF Woori Financial GroupPairCorr
The ability to find closely correlated positions to First Merchants 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 Merchants 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 Merchants - 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 Merchants to buy it.
The correlation of First Merchants 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 Merchants moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Merchants 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 Merchants 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

Additional Tools for First Stock Analysis

When running First Merchants' price analysis, check to measure First Merchants' 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 Merchants is operating at the current time. Most of First Merchants' value examination focuses on studying past and present price action to predict the probability of First Merchants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Merchants' price. Additionally, you may evaluate how the addition of First Merchants to your portfolios can decrease your overall portfolio volatility.