First Community Bancshares Stock Market Value
| FCBC Stock | USD 45.53 0.25 0.55% |
| Symbol | First |
First Community Banc 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 (0.09) | Dividend Share 1.2 | Earnings Share 2.74 | Revenue Per Share 8.864 | Quarterly Revenue Growth (0.03) |
The market value of First Community Banc 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.
| 12/28/2022 |
| 12/17/2024 |
If you would invest 0.00 in First Community on December 28, 2022 and sell it all today you would earn a total of 0.00 from holding First Community Bancshares or generate 0.0% return on investment in First Community over 720 days. First Community is related to or competes with Electronic Arts, Ainsworth Game, Verde Clean, and Southwest Airlines. First Community Bankshares, Inc. operates as the financial holding company for First Community Bank that provides variou... 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 Bancshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.88 | |||
| Information Ratio | 0.0204 | |||
| Maximum Drawdown | 20.45 | |||
| Value At Risk | (2.93) | |||
| Potential Upside | 3.64 |
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 | 0.0455 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0286 | |||
| Treynor Ratio | 0.0477 |
First Community Banc Backtested Returns
At this point, First Community is very steady. First Community Banc secures Sharpe Ratio (or Efficiency) of 0.0354, which denotes the company had a 0.0354% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for First Community Bancshares, which you can use to evaluate the volatility of the firm. Please confirm First Community's Mean Deviation of 1.61, coefficient of variation of 1889.69, and Downside Deviation of 1.88 to check if the risk estimate we provide is consistent with the expected return of 0.0949%. First Community has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 2.7, 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. First Community Banc right now shows a risk of 2.68%. Please confirm First Community Banc potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to decide if First Community Banc will be following its price patterns.
Auto-correlation | 0.67 |
Good predictability
First Community Bancshares has good predictability. Overlapping area represents the amount of predictability between First Community time series from 28th of December 2022 to 23rd of December 2023 and 23rd of December 2023 to 17th of December 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 Banc price movement. The serial correlation of 0.67 indicates that around 67.0% of current First Community price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 26.57 |
First Community Banc 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 Bancshares.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether First Community Banc 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 Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Community Bancshares Stock:Check out First Community Correlation, First Community Volatility and First Community Alpha and Beta module to complement your research on First Community. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.