First Merchants Stock Price on November 12, 2024
| FRMEP Stock | USD 25.55 0.05 0.20% |
Below is the normalized historical share price chart for First Merchants extending back to August 18, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of First Merchants stands at 25.55, as last reported on the 16th of December 2024, with the highest price reaching 25.65 and the lowest price hitting 25.50 during the day.
If you're considering investing in First Stock, it is important to understand the factors that can impact its price. Currently, First Merchants is very steady. First Merchants secures Sharpe Ratio (or Efficiency) of 0.0701, which denotes the company had a 0.0701% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for First Merchants, which you can use to evaluate the volatility of the firm. Please confirm First Merchants' Coefficient Of Variation of 1192.25, mean deviation of 0.2897, and Downside Deviation of 0.7761 to check if the risk estimate we provide is consistent with the expected return of 0.0353%.
At this time, First Merchants' Common Stock Shares Outstanding is relatively stable compared to the past year. As of 12/16/2024, Total Stockholder Equity is likely to grow to about 2.4 B, while Issuance Of Capital Stock is likely to drop slightly above 1.9 M. . At this time, First Merchants' Price Earnings Ratio is relatively stable compared to the past year. As of 12/16/2024, Price Book Value Ratio is likely to grow to 1.46, while Price To Operating Cash Flows Ratio is likely to drop 8.16. First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of April 2022 | 200 Day MA 25.3625 | 50 Day MA 25.6409 | Beta 1.023 |
First |
Sharpe Ratio = 0.0701
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Estimated Market Risk
| 0.5 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average First Merchants is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of First Merchants by adding it to a well-diversified portfolio.
Book Value 39.184 | Enterprise Value 2.2 B | Shares Float 57.8 M | Dividend Share 1.38 | Earnings Share 3.81 |
First Merchants Valuation on November 12, 2024
It is possible to determine the worth of First Merchants on a given historical date. On November 12, 2024 First was worth 25.85 at the beginning of the trading date compared to the closed value of 25.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Merchants stock. Still, in general, we apply an absolute valuation method to find First Merchants' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of First Merchants where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Merchants' related companies.
| Open | High | Low | Close | Volume | |
| 25.85 | 25.85 | 25.85 | 25.85 | 315.00 | |
11/12/2024 | 25.85 | 25.85 | 25.85 | 25.85 | 1.00 |
| 25.85 | 25.85 | 25.85 | 25.85 | 1.00 |
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First Merchants Trading Date Momentum on November 12, 2024
| On November 13 2024 First Merchants was traded for 25.85 at the closing time. The highest daily price throughout the period was 25.85 and the lowest price was 25.85 . There was no trading activity during the period 1.0. Lack of trading volume on 11/13/2024 did not affect price variability. The overall trading delta to current closing price is 0.23% . |
First Merchants Fundamentals Correlations and Trends
By evaluating First Merchants' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among First Merchants' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. First financial account trend analysis is a perfect complement when working with valuation or volatility modules.About First Merchants Stock history
First Merchants investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Merchants will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing First Merchants stock prices may prove useful in developing a viable investing in First Merchants
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 59.5 M | 62.5 M | |
| Net Income Applicable To Common Shares | 253.8 M | 197.7 M |
First Merchants Stock Technical Analysis
First Merchants 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.
Price Boundaries
First Merchants Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
First Merchants cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
First Merchants December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how First Merchants stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Merchants shares will generate the highest return on investment. By undertsting and applying First Merchants stock market strength indicators, traders can identify First Merchants entry and exit signals to maximize returns
First Merchants Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Merchants' price direction in advance. Along with the technical and fundamental analysis of First Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of First to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0564 | |||
| Jensen Alpha | 0.0343 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (1.30) |
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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.