First Sale Purchase Of Stock vs End Period Cash Flow Analysis

FRMEP Stock  USD 25.55  0.05  0.20%   
First Merchants financial indicator trend analysis is much more than just examining First Merchants latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether First Merchants is a good investment. Please check the relationship between First Merchants Sale Purchase Of Stock and its End Period Cash Flow accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Merchants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in First Stock, please use our How to Invest in First Merchants guide.

Sale Purchase Of Stock vs End Period Cash Flow

Sale Purchase Of Stock vs End Period Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of First Merchants Sale Purchase Of Stock account and End Period Cash Flow. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between First Merchants' Sale Purchase Of Stock and End Period Cash Flow is -0.34. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of End Period Cash Flow in the same time period over historical financial statements of First Merchants, assuming nothing else is changed. The correlation between historical values of First Merchants' Sale Purchase Of Stock and End Period Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of First Merchants are associated (or correlated) with its End Period Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when End Period Cash Flow has no effect on the direction of Sale Purchase Of Stock i.e., First Merchants' Sale Purchase Of Stock and End Period Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.34
Relationship DirectionNegative 
Relationship StrengthInsignificant

Sale Purchase Of Stock

End Period Cash Flow

Most indicators from First Merchants' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into First Merchants current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Merchants. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in First Stock, please use our How to Invest in First Merchants guide.At this time, First Merchants' Selling General Administrative is relatively stable compared to the past year. As of 12/16/2024, Enterprise Value Over EBITDA is likely to grow to 13.57, while Sales General And Administrative To Revenue is likely to drop 0.27.
 2021 2022 2023 2024 (projected)
Operating Income240.8M340.5M259.2M272.2M
Other Operating Expenses279.2M287.7M333.0M349.7M

First Merchants fundamental ratios Correlations

0.950.870.510.480.960.950.30.930.460.660.40.260.680.880.970.940.060.170.65-0.20.50.860.890.790.71
0.950.920.640.60.990.920.280.990.440.780.50.140.650.970.981.0-0.220.090.75-0.450.610.770.970.840.73
0.870.920.670.640.890.870.590.920.130.780.610.120.330.950.910.92-0.180.250.8-0.30.640.680.920.630.67
0.510.640.671.00.610.680.130.71-0.180.980.95-0.640.290.780.570.65-0.28-0.340.96-0.391.00.160.720.220.18
0.480.60.641.00.570.660.120.67-0.220.970.96-0.670.270.750.540.61-0.23-0.370.95-0.351.00.130.690.170.15
0.960.990.890.610.570.920.240.980.480.750.480.150.710.940.990.99-0.150.030.73-0.40.580.80.970.850.77
0.950.920.870.680.660.920.310.920.280.790.60.050.620.890.920.910.040.080.78-0.20.670.760.880.640.6
0.30.280.590.130.120.240.310.26-0.450.150.240.33-0.440.350.330.280.050.620.330.190.120.350.310.050.37
0.930.990.920.710.670.980.920.260.380.830.570.040.630.980.970.99-0.240.010.8-0.460.680.720.980.80.7
0.460.440.13-0.18-0.220.480.28-0.450.38-0.01-0.390.490.780.240.430.44-0.110.0-0.17-0.35-0.210.520.310.770.44
0.660.780.780.980.970.750.790.150.83-0.010.9-0.490.420.880.710.79-0.28-0.270.97-0.440.970.330.830.410.33
0.40.50.610.950.960.480.60.240.57-0.390.9-0.670.110.670.460.51-0.19-0.350.93-0.260.960.070.610.030.11
0.260.140.12-0.64-0.670.150.050.330.040.49-0.49-0.670.07-0.050.210.130.180.71-0.470.17-0.670.540.010.420.46
0.680.650.330.290.270.710.62-0.440.630.780.420.110.070.510.660.640.05-0.350.31-0.30.30.60.590.750.51
0.880.970.950.780.750.940.890.350.980.240.880.67-0.050.510.930.97-0.280.020.87-0.460.750.640.980.710.66
0.970.980.910.570.540.990.920.330.970.430.710.460.210.660.930.97-0.10.090.71-0.340.550.830.970.830.82
0.941.00.920.650.610.990.910.280.990.440.790.510.130.640.970.97-0.230.090.75-0.450.620.760.970.830.73
0.06-0.22-0.18-0.28-0.23-0.150.040.05-0.24-0.11-0.28-0.190.180.05-0.28-0.1-0.230.14-0.220.93-0.210.12-0.24-0.29-0.15
0.170.090.25-0.34-0.370.030.080.620.010.0-0.27-0.350.71-0.350.020.090.090.14-0.230.25-0.380.33-0.050.080.08
0.650.750.80.960.950.730.780.330.8-0.170.970.93-0.470.310.870.710.75-0.22-0.23-0.350.950.340.830.330.38
-0.2-0.45-0.3-0.39-0.35-0.4-0.20.19-0.46-0.35-0.44-0.260.17-0.3-0.46-0.34-0.450.930.25-0.35-0.34-0.08-0.45-0.52-0.31
0.50.610.641.01.00.580.670.120.68-0.210.970.96-0.670.30.750.550.62-0.21-0.380.95-0.340.150.690.180.16
0.860.770.680.160.130.80.760.350.720.520.330.070.540.60.640.830.760.120.330.34-0.080.150.690.810.77
0.890.970.920.720.690.970.880.310.980.310.830.610.010.590.980.970.97-0.24-0.050.83-0.450.690.690.780.77
0.790.840.630.220.170.850.640.050.80.770.410.030.420.750.710.830.83-0.290.080.33-0.520.180.810.780.81
0.710.730.670.180.150.770.60.370.70.440.330.110.460.510.660.820.73-0.150.080.38-0.310.160.770.770.81
Click cells to compare fundamentals

First Merchants Account Relationship Matchups

First Merchants fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding51.6M54.2M54.0M58.0M59.5M62.5M
Total Assets12.5B14.1B15.5B17.9B18.4B19.3B
Short Long Term Debt Total489.8M507.8M452.7M975.0M871.5M915.1M
Other Current Liab(6.8M)229.2M368.2M788.5M10.2B10.7B
Total Current Liabilities6.8M3.3M2.8M7.5M10.4B10.9B
Total Stockholder Equity1.8B1.9B1.9B2.0B2.2B2.4B
Property Plant And Equipment Net113.1M111.1M105.7M117.1M152.8M160.4M
Net Debt194.3M(77.4M)(188.6M)726.3M322.8M179.2M
Retained Earnings696.5M788.6M864.8M1.0B1.2B1.2B
Cash295.5M585.2M641.3M248.7M112.6M151.4M
Non Current Assets Total3.3B3.8B5.2B5.1B17.7B18.5B
Non Currrent Assets Other(12.2M)(12.3M)(5.2B)(111.2M)13.0B13.6B
Other Assets7.0B7.7B7.2B12.5B(1.1B)(1.0B)
Cash And Short Term Investments2.1B2.5B3.0B248.7M1.7B1.8B
Net Receivables48.9M53.9M57.2M85.1M97.7M102.5M
Liabilities And Stockholders Equity12.5B14.1B15.5B17.9B18.4B19.3B
Other Stockholder Equity1.1B1.0B985.8M1.2B1.2B1.3B
Total Liab10.7B12.2B13.5B15.9B16.2B17.0B
Total Current Assets2.1B2.6B3.0B333.7M1.8B2.7B
Short Term Debt287.8M235.7M373.7M803.5M224.0M223.5M
Accounts Payable6.8M3.3M2.8M7.5M18.9M19.9M
Other Current Assets364.1M652.4M734.7M451.4M751.1M713.6M
Accumulated Other Comprehensive Income27.9M74.8M55.1M(239.2M)(176.0M)(167.2M)
Non Current Liabilities Total489.8M507.8M452.7M7.5M16.2B17.0B
Common Stock6.9M6.7M6.7M7.4M7.4M4.4M
Short Term Investments1.8B1.9B2.3B2.0B1.6B1.2B
Intangible Assets35.0M29.0M25.5M35.8M27.1M23.2M
Current Deferred Revenue(281.0M)(232.5M)(371.0M)(796.0M)(18.9M)(19.9M)
Other Liab40.7M45.3M109.4M81.2M93.4M68.1M
Net Tangible Assets1.2B1.3B1.3B1.3B1.5B1.3B
Long Term Debt489.8M507.8M452.7M975.0M871.5M687.5M
Inventory(364.1M)(652.4M)(734.7M)(451.4M)15.0M15.7M
Net Invested Capital2.3B2.4B2.4B3.0B3.1B2.7B
Long Term Investments2.6B3.1B4.5B4.3B3.8B3.7B
Capital Stock7.0M6.9M6.8M32.5M32.6M16.9M
Property Plant Equipment133.8M129.3M123.5M140.7M161.8M136.6M

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

  0.78AX Axos FinancialPairCorr
  0.78BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.76PB Prosperity Bancshares Fiscal Year End 22nd of January 2025 PairCorr

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.