First Interstate Bancsystem Stock Market Value
| FIBK Stock | USD 35.35 0.06 0.17% |
| Symbol | First |
First Interstate Ban 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 Interstate. 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 Interstate 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 (0.23) | Dividend Share 1.88 | Earnings Share 2.28 | Revenue Per Share 9.226 | Quarterly Revenue Growth (0.09) |
The market value of First Interstate Ban 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 Interstate's value that differs from its market value or its book value, called intrinsic value, which is First Interstate'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 Interstate's market value can be influenced by many factors that don't directly affect First Interstate'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 Interstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Interstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Interstate'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 Interstate '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 Interstate'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 Interstate.
| 05/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in First Interstate on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding First Interstate BancSystem or generate 0.0% return on investment in First Interstate over 570 days. First Interstate is related to or competes with First Financial, Independent Bank, CVB Financial, Eagle Bancorp, Glacier Bancorp, Capitol Federal, and Byline Bancorp. First Interstate BancSystem, Inc. operates as the bank holding company for First Interstate Bank that provides range of ... More
First Interstate 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 Interstate'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 Interstate BancSystem upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.9 | |||
| Information Ratio | 0.0558 | |||
| Maximum Drawdown | 18.74 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 3.54 |
First Interstate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Interstate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Interstate's standard deviation. In reality, there are many statistical measures that can use First Interstate historical prices to predict the future First Interstate's volatility.| Risk Adjusted Performance | 0.0889 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0717 | |||
| Treynor Ratio | 0.1081 |
First Interstate Ban Backtested Returns
First Interstate appears to be very steady, given 3 months investment horizon. First Interstate Ban secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for First Interstate BancSystem, which you can use to evaluate the volatility of the firm. Please utilize First Interstate's Downside Deviation of 1.9, coefficient of variation of 933.58, and Mean Deviation of 1.58 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, First Interstate holds a performance score of 9. The firm shows a Beta (market volatility) of 2.33, 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 Interstate will likely underperform. Please check First Interstate's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether First Interstate's price patterns will revert.
Auto-correlation | 0.50 |
Modest predictability
First Interstate BancSystem has modest predictability. Overlapping area represents the amount of predictability between First Interstate time series from 9th of May 2023 to 18th of February 2024 and 18th of February 2024 to 29th of November 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 Interstate Ban price movement. The serial correlation of 0.5 indicates that about 50.0% of current First Interstate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 8.51 |
First Interstate Ban lagged returns against current returns
Autocorrelation, which is First Interstate 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 Interstate's stock expected returns. We can calculate the autocorrelation of First Interstate returns to help us make a trade decision. For example, suppose you find that First Interstate 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 Interstate 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 Interstate stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Interstate stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Interstate stock over time.
Current vs Lagged Prices |
| Timeline |
First Interstate Lagged Returns
When evaluating First Interstate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Interstate stock have on its future price. First Interstate 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 Interstate autocorrelation shows the relationship between First Interstate stock current value and its past values and can show if there is a momentum factor associated with investing in First Interstate BancSystem.
Regressed Prices |
| Timeline |
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First Interstate 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.