Fifth Stock Market Value

FITBP -  USA Stock  

USD 25.55  0.30  1.19%

Fifth Third's market value is the price at which a share of Fifth Third stock trades on a public exchange. It measures the collective expectations of Fifth Third Bancorp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Fifth Third Bancorp and determine expected loss or profit from investing in Fifth Third over a given investment horizon. Please check Fifth Third Hype Analysis, Fifth Third Correlation, Fifth Third Valuation, Fifth Third Volatility, as well as analyze Fifth Third Alpha and Beta and Fifth Third Performance.
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Is Fifth Third'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 Fifth Third. If investors know Fifth 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 Fifth Third listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Fifth Third Bancorp is measured differently than its book value, which is the value of Fifth that is recorded on the company's balance sheet. Investors also form their own opinion of Fifth Third's value that differs from its market value or its book value, called intrinsic value, which is Fifth Third'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 Fifth Third's market value can be influenced by many factors that don't directly affect Fifth Third'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 Fifth Third's value and its price as these two are different measures arrived at by different means. Investors typically determine Fifth Third value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fifth Third'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.

Fifth Third '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 Fifth Third'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 Fifth Third.
0.00
06/07/2020
No Change 0.00  0.0 
In 1 year 11 months and 21 days
05/28/2022
0.00
If you would invest  0.00  in Fifth Third on June 7, 2020 and sell it all today you would earn a total of 0.00 from holding Fifth Third Bancorp or generate 0.0% return on investment in Fifth Third over 720 days. Fifth Third is related to or competes with BRASIL ON, Hdfc Bank, BRADESCO, and US Bancorp. Fifth Third Bancorp operates as a diversified financial services company in the United States

Fifth Third 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 Fifth Third'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 Fifth Third Bancorp upside and downside potential and time the market with a certain degree of confidence.

Fifth Third Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Fifth Third's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fifth Third's standard deviation. In reality, there are many statistical measures that can use Fifth Third historical prices to predict the future Fifth Third's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Fifth Third'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 Fifth Third in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
24.6925.5526.41
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Intrinsic
Valuation
LowReal ValueHigh
24.4225.2826.14
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Fifth Third. Your research has to be compared to or analyzed against Fifth Third's peers to derive any actionable benefits. When done correctly, Fifth Third'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 Fifth Third Bancorp.

Fifth Third Bancorp Backtested Returns

We consider Fifth Third very steady. Fifth Third Bancorp secures Sharpe Ratio (or Efficiency) of 0.0306, which denotes the company had 0.0306% of return per unit of risk over the last 3 months. Our standpoint towards predicting 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 Fifth Third Bancorp, which you can use to evaluate the future volatility of the firm. Please confirm Fifth Third Bancorp Coefficient Of Variation of 4186.0, downside deviation of 0.924, and Mean Deviation of 0.5993 to check if the risk estimate we provide is consistent with the expected return of 0.026%.
Fifth Third has performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.1939, which means not very significant fluctuations relative to the market. Let's try to break down what Fifth's beta means in this case. As returns on the market increase, Fifth Third returns are expected to increase less than the market. However, during the bear market, the loss on holding Fifth Third will be expected to be smaller as well. Although it is extremely important to respect Fifth Third Bancorp historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy towards predicting 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 reviewing Fifth Third Bancorp technical indicators, you can presently evaluate if the expected return of 0.026% will be sustainable into the future. Fifth Third Bancorp right now shows a risk of 0.85%. Please confirm Fifth Third Bancorp variance, as well as the relationship between the value at risk and skewness to decide if Fifth Third Bancorp will be following its price patterns.

Auto-correlation

    
  -0.52  

Good reverse predictability

Fifth Third Bancorp has good reverse predictability. Overlapping area represents the amount of predictability between Fifth Third time series from 7th of June 2020 to 2nd of June 2021 and 2nd of June 2021 to 28th of May 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 Fifth Third Bancorp price movement. The serial correlation of -0.52 indicates that about 52.0% of current Fifth Third price fluctuation can be explain by its past prices.
Correlation Coefficient-0.52
Spearman Rank Test-0.61
Residual Average0.0
Price Variance0.12

Fifth Third Bancorp lagged returns against current returns

Autocorrelation, which is Fifth Third 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 Fifth Third's stock expected returns. We can calculate the autocorrelation of Fifth Third returns to help us make a trade decision. For example, suppose you find that Fifth Third 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 

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

Fifth Third Lagged Returns

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

Fifth Third Investors Sentiment

The influence of Fifth Third'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 Fifth. 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.
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 Fifth Third 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, Fifth Third's short interest history, or implied volatility extrapolated from Fifth Third options trading.

Current Sentiment - FITBP

Fifth Third Bancorp Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Fifth Third Bancorp. What is your opinion about investing in Fifth Third Bancorp? Are you bullish or bearish?
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Please check Fifth Third Hype Analysis, Fifth Third Correlation, Fifth Third Valuation, Fifth Third Volatility, as well as analyze Fifth Third Alpha and Beta and Fifth Third Performance. Note that the Fifth Third Bancorp information on this page should be used as a complementary analysis to other Fifth Third'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Fifth Third Bancorp price analysis, check to measure Fifth Third'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 Fifth Third is operating at the current time. Most of Fifth Third's value examination focuses on studying past and present price action to predict the probability of Fifth Third's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Fifth Third's price. Additionally, you may evaluate how the addition of Fifth Third to your portfolios can decrease your overall portfolio volatility.
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Fifth Third 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 Fifth Third technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fifth Third 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...