Bancfirst Stock Market Value

BANF
 Stock
  

USD 98.47  2.76  2.88%   

Bancfirst Corp's market value is the price at which a share of Bancfirst Corp stock trades on a public exchange. It measures the collective expectations of Bancfirst Corp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Bancfirst Corp and determine expected loss or profit from investing in Bancfirst Corp over a given investment horizon. Continue to Bancfirst Corp Hype Analysis, Bancfirst Corp Correlation, Bancfirst Corp Valuation, Bancfirst Corp Volatility, as well as analyze Bancfirst Corp Alpha and Beta and Bancfirst Corp Performance.
Symbol
Backtest


Is Bancfirst Corp's industry 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 Bancfirst Corp. If investors know Bancfirst 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 Bancfirst Corp 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 YOY
-0.15
Market Capitalization
3.2 B
Quarterly Revenue Growth YOY
-0.008
Return On Assets
0.0139
Return On Equity
0.14
The market value of Bancfirst Corp is measured differently than its book value, which is the value of Bancfirst that is recorded on the company's balance sheet. Investors also form their own opinion of Bancfirst Corp's value that differs from its market value or its book value, called intrinsic value, which is Bancfirst Corp'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 Bancfirst Corp's market value can be influenced by many factors that don't directly affect Bancfirst Corp'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 Bancfirst Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Bancfirst Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bancfirst Corp'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.

Bancfirst Corp '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 Bancfirst Corp'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 Bancfirst Corp.
0.00
06/02/2022
No Change 0.00  0.0 
In 30 days
07/02/2022
0.00
If you would invest  0.00  in Bancfirst Corp on June 2, 2022 and sell it all today you would earn a total of 0.00 from holding Bancfirst Corp or generate 0.0% return on investment in Bancfirst Corp over 30 days. Bancfirst Corp is related to or competes with JP Morgan, Caterpillar, Chevron Corp, Microsoft Corp, Alcoa Corp, Dupont Denemours, and Walmart. BancFirst Corporation operates as the bank holding company for BancFirst that provides a range of commercial banking ser...More

Bancfirst Corp 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 Bancfirst Corp'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 Bancfirst Corp upside and downside potential and time the market with a certain degree of confidence.

Bancfirst Corp Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Bancfirst Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bancfirst Corp's standard deviation. In reality, there are many statistical measures that can use Bancfirst Corp historical prices to predict the future Bancfirst Corp's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Bancfirst Corp'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. Please use the tools below to analyze the current value of Bancfirst Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
97.5599.00100.45
Details
Intrinsic
Valuation
LowReal ValueHigh
88.8490.29108.32
Details
Naive
Forecast
LowNext ValueHigh
97.4598.89100.34
Details
3 Analysts
Consensus
LowTarget PriceHigh
68.0069.5072.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bancfirst Corp. Your research has to be compared to or analyzed against Bancfirst Corp's peers to derive any actionable benefits. When done correctly, Bancfirst Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Bancfirst Corp.

Bancfirst Corp Backtested Returns

Bancfirst Corp appears to be very steady, given 3 months investment horizon. Bancfirst Corp secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had 0.19% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Bancfirst Corp, which you can use to evaluate the future volatility of the firm. Please makes use of Bancfirst Corp's Downside Deviation of 1.12, mean deviation of 1.14, and Risk Adjusted Performance of 0.2493 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Bancfirst Corp holds a performance score of 14. The firm shows a Beta (market volatility) of 0.5697, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Bancfirst's beta means in this case. As returns on the market increase, Bancfirst Corp returns are expected to increase less than the market. However, during the bear market, the loss on holding Bancfirst Corp will be expected to be smaller as well. Although it is vital to follow Bancfirst Corp historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Bancfirst Corp technical indicators, you can presently evaluate if the expected return of 0.28% will be sustainable into the future. Please makes use of Bancfirst Corp maximum drawdown, and the relationship between the information ratio and downside variance to make a quick decision on whether Bancfirst Corp price patterns will revert.

Auto-correlation

    
  -0.5  

Modest reverse predictability

Bancfirst Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Bancfirst Corp time series from 2nd of June 2022 to 17th of June 2022 and 17th of June 2022 to 2nd of July 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bancfirst Corp price movement. The serial correlation of -0.5 indicates that about 50.0% of current Bancfirst Corp price fluctuation can be explain by its past prices.
Correlation Coefficient-0.5
Spearman Rank Test-0.77
Residual Average0.0
Price Variance2.36

Bancfirst Corp lagged returns against current returns

Autocorrelation, which is Bancfirst Corp 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 Bancfirst Corp's stock expected returns. We can calculate the autocorrelation of Bancfirst Corp returns to help us make a trade decision. For example, suppose you find that Bancfirst Corp stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Bancfirst Corp 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 Bancfirst Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bancfirst Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bancfirst Corp stock over time.
 Current vs Lagged Prices 
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      Timeline 

Bancfirst Corp Lagged Returns

When evaluating Bancfirst Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bancfirst Corp stock have on its future price. Bancfirst Corp 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, Bancfirst Corp autocorrelation shows the relationship between Bancfirst Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Bancfirst Corp.
 Regressed Prices 
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      Timeline 

Bancfirst Corp Investors Sentiment

The influence of Bancfirst Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Bancfirst. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Bancfirst Corp Implied Volatility

    
  35.3  
Bancfirst Corp's implied volatility exposes the market's sentiment of Bancfirst Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Bancfirst Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Bancfirst Corp stock will not fluctuate a lot when Bancfirst Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bancfirst Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bancfirst Corp's short interest history, or implied volatility extrapolated from Bancfirst Corp options trading.

Current Sentiment - BANF

Bancfirst Corp Investor Sentiment

Most of Macroaxis users are currently bullish on Bancfirst Corp. What is your opinion about investing in Bancfirst Corp? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Bancfirst Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bancfirst Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bancfirst Corp will appreciate offsetting losses from the drop in the long position's value.

Bancfirst Corp Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Bancfirst Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bancfirst Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bancfirst Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bancfirst Corp to buy it.
The correlation of Bancfirst Corp is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bancfirst Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bancfirst Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bancfirst Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Bancfirst Corp Hype Analysis, Bancfirst Corp Correlation, Bancfirst Corp Valuation, Bancfirst Corp Volatility, as well as analyze Bancfirst Corp Alpha and Beta and Bancfirst Corp Performance. Note that the Bancfirst Corp information on this page should be used as a complementary analysis to other Bancfirst Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Bancfirst Corp price analysis, check to measure Bancfirst Corp'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 Bancfirst Corp is operating at the current time. Most of Bancfirst Corp's value examination focuses on studying past and present price action to predict the probability of Bancfirst Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Bancfirst Corp's price. Additionally, you may evaluate how the addition of Bancfirst Corp to your portfolios can decrease your overall portfolio volatility.
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Bancfirst Corp 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.
A focus of Bancfirst Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bancfirst Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...