First Of Long Stock Market Value
| FLIC Stock | USD 14.47 0.17 1.16% |
| Symbol | First |
First of Long 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 Of. 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 Of 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 (0.33) | Dividend Share 0.84 | Earnings Share 0.87 | Revenue Per Share 3.761 | Quarterly Revenue Growth (0.09) |
The market value of First of Long 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 Of's value that differs from its market value or its book value, called intrinsic value, which is First Of'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 Of's market value can be influenced by many factors that don't directly affect First Of'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 Of's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Of is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Of'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 Of '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 Of'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 Of.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in First Of on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding First of Long or generate 0.0% return on investment in First Of over 30 days. First Of is related to or competes with Affinity Bancshares, Auburn National, First Community, and LINKBANCORP. The First of Long Island Corporation operates as the holding company for The First National Bank of Long Island that pro... More
First Of 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 Of'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 of Long upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.75 | |||
| Information Ratio | 0.0494 | |||
| Maximum Drawdown | 18.01 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 3.39 |
First Of Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Of's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Of's standard deviation. In reality, there are many statistical measures that can use First Of historical prices to predict the future First Of's volatility.| Risk Adjusted Performance | 0.0888 | |||
| Jensen Alpha | 0.0016 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.067 | |||
| Treynor Ratio | 0.1285 |
First of Long Backtested Returns
First Of appears to be not too volatile, given 3 months investment horizon. First of Long secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First of Long, which you can use to evaluate the volatility of the firm. Please utilize First Of's Downside Deviation of 1.75, mean deviation of 1.55, and Coefficient Of Variation of 932.35 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, First Of holds a performance score of 8. The firm shows a Beta (market volatility) of 1.91, 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 Of will likely underperform. Please check First Of'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 Of's price patterns will revert.
Auto-correlation | 0.63 |
Good predictability
First of Long has good predictability. Overlapping area represents the amount of predictability between First Of time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 of Long price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current First Of price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
First of Long lagged returns against current returns
Autocorrelation, which is First Of 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 Of's stock expected returns. We can calculate the autocorrelation of First Of returns to help us make a trade decision. For example, suppose you find that First Of 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 Of 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 Of stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Of stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Of stock over time.
Current vs Lagged Prices |
| Timeline |
First Of Lagged Returns
When evaluating First Of's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Of stock have on its future price. First Of 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 Of autocorrelation shows the relationship between First Of stock current value and its past values and can show if there is a momentum factor associated with investing in First of Long.
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 of Long offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Of'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 Of Long Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Of Long Stock:Check out First Of Correlation, First Of Volatility and First Of Alpha and Beta module to complement your research on First Of. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
First Of 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.