First BanCorp (Germany) Market Value
| OLWN Stock | EUR 15.90 0.20 1.24% |
| Symbol | First |
First BanCorp '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 BanCorp'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 BanCorp.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in First BanCorp on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding First BanCorp or generate 0.0% return on investment in First BanCorp over 90 days. First BanCorp is related to or competes with GEELY AUTOMOBILE, CarsalesCom, Keck Seng, AGNC INVESTMENT, and Commercial Vehicle. First BanCorp. operates as the bank holding company for FirstBank Puerto Rico that provides a range of financial product... More
First BanCorp 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 BanCorp'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 BanCorp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 10.18 | |||
| Value At Risk | (3.95) | |||
| Potential Upside | 2.31 |
First BanCorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First BanCorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First BanCorp's standard deviation. In reality, there are many statistical measures that can use First BanCorp historical prices to predict the future First BanCorp's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | 0.036 | |||
| Treynor Ratio | (0.87) |
First BanCorp Backtested Returns
First BanCorp 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. First BanCorp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First BanCorp's Variance of 3.32, standard deviation of 1.82, and Mean Deviation of 1.39 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.28, which means not very significant fluctuations relative to the market. As returns on the market increase, First BanCorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding First BanCorp is expected to be smaller as well. At this point, First BanCorp has a negative expected return of -0.22%. Please make sure to confirm First BanCorp's skewness, daily balance of power, and the relationship between the potential upside and kurtosis , to decide if First BanCorp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.69 |
Very good reverse predictability
First BanCorp has very good reverse predictability. Overlapping area represents the amount of predictability between First BanCorp time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th of March 2025. 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 BanCorp price movement. The serial correlation of -0.69 indicates that around 69.0% of current First BanCorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.69 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
First BanCorp lagged returns against current returns
Autocorrelation, which is First BanCorp 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 BanCorp's stock expected returns. We can calculate the autocorrelation of First BanCorp returns to help us make a trade decision. For example, suppose you find that First BanCorp 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 BanCorp 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 BanCorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First BanCorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First BanCorp stock over time.
Current vs Lagged Prices |
| Timeline |
First BanCorp Lagged Returns
When evaluating First BanCorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First BanCorp stock have on its future price. First BanCorp 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 BanCorp autocorrelation shows the relationship between First BanCorp stock current value and its past values and can show if there is a momentum factor associated with investing in First BanCorp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in First Stock
When determining whether First BanCorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First BanCorp'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 Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bancorp Stock:Check out First BanCorp Correlation, First BanCorp Volatility and First BanCorp Alpha and Beta module to complement your research on First BanCorp. For more detail on how to invest in First Stock please use our How to Invest in First BanCorp guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
First BanCorp 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.