First Community Stock Market Value
| FCCT Stock | USD 9.00 0.10 1.12% |
| Symbol | First |
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 pink sheet 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.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in First Community on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding First Community or generate 0.0% return on investment in First Community over 90 days. First Community is related to or competes with PT Bank, Morningstar Unconstrained, Bondbloxx ETF, Spring Valley, Bondbloxx ETF, First Physicians, and CarMax. First Community Corporation operates as the holding company for First Community Bank of East Tennessee that provides var... 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 pink sheet 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 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.56) | |||
| Maximum Drawdown | 1.67 |
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 | 0.0053 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (0.24) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Community's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
First Community Backtested Returns
First Community secures Sharpe Ratio (or Efficiency) of -0.0556, which denotes the company had a -0.0556% return per unit of risk over the last 3 months. First Community exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Community's Mean Deviation of 0.0505, standard deviation of 0.2077, and Variance of 0.0431 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0057, which means not very significant fluctuations relative to the market. As returns on the market increase, First Community's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Community is expected to be smaller as well. At this point, First Community has a negative expected return of -0.0088%. Please make sure to confirm First Community's jensen alpha and rate of daily change , to decide if First Community performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
First Community has no correlation between past and present. Overlapping area represents the amount of predictability between First Community time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 price movement. The serial correlation of 0.0 indicates that just 0.0% of current First Community price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
First Community lagged returns against current returns
Autocorrelation, which is First Community pink sheet'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 pink sheet 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 pink sheet 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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Community pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Community pink sheet 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 pink sheet 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 pink sheet current value and its past values and can show if there is a momentum factor associated with investing in First Community.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for First Pink Sheet Analysis
When running First Community's price analysis, check to measure First Community's 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 Community is operating at the current time. Most of First Community's value examination focuses on studying past and present price action to predict the probability of First Community's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Community's price. Additionally, you may evaluate how the addition of First Community to your portfolios can decrease your overall portfolio volatility.