First Stock Market Value

FNLC
 Stock
  

USD 30.18  0.13  0.43%   

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


Is First Bancorp'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 First Bancorp. 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 Bancorp 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
0.086
Market Capitalization
334.2 M
Quarterly Revenue Growth YOY
0.085
Return On Assets
0.0149
Return On Equity
0.16
The market value of First Bancorp 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 Bancorp's value that differs from its market value or its book value, called intrinsic value, which is First Bancorp'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 Bancorp's market value can be influenced by many factors that don't directly affect First Bancorp'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 Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine First Bancorp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bancorp'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 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.
0.00
07/10/2021
No Change 0.00  0.0 
In 11 months and 27 days
07/05/2022
0.00
If you would invest  0.00  in First Bancorp on July 10, 2021 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 360 days. The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking 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.

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.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of First Bancorp'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 First Bancorp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
28.5830.1531.72
Details
Intrinsic
Valuation
LowReal ValueHigh
28.4830.0531.62
Details
Naive
Forecast
LowNext ValueHigh
29.2030.7732.34
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
27.9129.5131.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as First Bancorp. Your research has to be compared to or analyzed against First Bancorp's peers to derive any actionable benefits. When done correctly, First Bancorp'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 First Bancorp.

First Bancorp Backtested Returns

We consider First Bancorp very steady. First Bancorp secures Sharpe Ratio (or Efficiency) of 0.0299, which denotes the company had 0.0299% 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-eight technical indicators for First Bancorp, which you can use to evaluate the future volatility of the firm. Please confirm First Bancorp Downside Deviation of 1.42, coefficient of variation of 6472.53, and Mean Deviation of 1.04 to check if the risk estimate we provide is consistent with the expected return of 0.0443%.
First Bancorp has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.5942, which means possible diversification benefits within a given portfolio. Let's try to break down what First's beta means in this case. As returns on the market increase, First Bancorp returns are expected to increase less than the market. However, during the bear market, the loss on holding First Bancorp will be expected to be smaller as well. Although it is important to respect First Bancorp historical returns, it is better to be realistic regarding the information on the equity's 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 First Bancorp technical indicators, you can presently evaluate if the expected return of 0.0443% will be sustainable into the future. First Bancorp right now shows a risk of 1.48%. Please confirm First Bancorp expected short fall, day median price, and the relationship between the potential upside and accumulation distribution to decide if First Bancorp will be following its price patterns.

Auto-correlation

    
  -0.4  

Poor reverse predictability

First Bancorp has poor reverse predictability. Overlapping area represents the amount of predictability between First Bancorp time series from 10th of July 2021 to 6th of January 2022 and 6th of January 2022 to 5th 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 First Bancorp price movement. The serial correlation of -0.4 indicates that just about 40.0% of current First Bancorp price fluctuation can be explain by its past prices.
Correlation Coefficient-0.4
Spearman Rank Test-0.47
Residual Average0.0
Price Variance1.66

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 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 
Share
      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 
Share
      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 
Share
      Timeline 

First Bancorp Investors Sentiment

The influence of First Bancorp'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 First. 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.
Investor biases related to First Bancorp's public news can be used to forecast risks associated with investment in First. The trend in average sentiment can be used to explain how an investor holding First can time the market purely based on public headlines and social activities around First Bancorp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
First Bancorp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for First Bancorp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average First Bancorp's news discussions. The higher the estimate score, the more favorable is the investor's outlook on First Bancorp.

First Bancorp Implied Volatility

    
  60.73  
First Bancorp's implied volatility exposes the market's sentiment of First Bancorp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if First Bancorp'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 First Bancorp stock will not fluctuate a lot when First Bancorp'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 First Bancorp 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, First Bancorp's short interest history, or implied volatility extrapolated from First Bancorp options trading.

Current Sentiment - FNLC

First Bancorp Investor Sentiment

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

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as First Bancorp using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check First Bancorp Hype Analysis, First Bancorp Correlation, First Bancorp Valuation, First Bancorp Volatility, as well as analyze First Bancorp Alpha and Beta and First Bancorp Performance. Note that the First Bancorp information on this page should be used as a complementary analysis to other First Bancorp'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.

Complementary Tools for First Stock analysis

When running First Bancorp price analysis, check to measure First Bancorp'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 First Bancorp is operating at the current time. Most of First Bancorp's value examination focuses on studying past and present price action to predict the probability of First Bancorp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move First Bancorp's price. Additionally, you may evaluate how the addition of First Bancorp to your portfolios can decrease your overall portfolio volatility.
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
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.
A focus of First Bancorp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of First Bancorp 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...