First Stock Performance

FNLC
 Stock
  

USD 30.31  0.18  0.60%   

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 0.0432% will be sustainable into the future. First Bancorp right now shows a risk of 1.46%. 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.
  
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First Performance
2 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in First Bancorp are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong essential indicators, First Bancorp is not utilizing all of its potentials. The newest stock price disturbance, may contribute to short-term losses for the investors. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.0422
Payout Ratio
0.38
Last Split Factor
3:1
Forward Annual Dividend Rate
1.28
Dividend Date
2022-04-22
Ex Dividend Date
2022-04-08
Last Split Date
2004-06-02

First Price Channel

Fifty Two Week Low26.97
Payout Ratio28.49%
Fifty Two Week High36.80
Trailing Annual Dividend Yield4.25%

First Bancorp Relative Risk vs. Return Landscape

If you would invest  2,969  in First Bancorp on April 4, 2022 and sell it today you would earn a total of  62.00  from holding First Bancorp or generate 2.09% return on investment over 90 days. First Bancorp is currently generating 0.0432% in daily expected returns and assumes 1.4576% risk (volatility on return distribution) over the 90 days horizon. In different words, 12% of stocks are less volatile than First, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days First Bancorp is expected to generate 1.01 times more return on investment than the market. However, the company is 1.01 times more volatile than its market benchmark. It trades about 0.03 of its potential returns per unit of risk. The DOW is currently generating roughly -0.12 per unit of risk.

First Bancorp Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for First Bancorp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as First Bancorp, and traders can use it to determine the average amount a First Bancorp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0297

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Estimated Market Risk
 1.46
  actual daily
 
 12 %
of total potential
 
1212
Expected Return
 0.04
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 0.03
  actual daily
 
 2 %
of total potential
 
22
Based on monthly moving average First Bancorp is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of First Bancorp by adding it to a well-diversified portfolio.

About First Bancorp Performance

To evaluate First Bancorp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when First Bancorp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare First Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand First Bancorp stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents First's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Average Assets 0.015  0.0143 
Return on Average Equity 0.15  0.14 
Return on Invested Capital 0.017  0.0161 
Return on Sales 0.51  0.52 
The First Bancorp, Inc. operates as the holding company for First National Bank that provides a range of banking products and services to individuals and businesses. The First Bancorp, Inc. was founded in 1864 and is based in Damariscotta, Maine. First Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 267 people.

Things to note about First Bancorp

Checking the ongoing alerts about First Bancorp for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for First Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

First Bancorp Alerts

Equity Alerts and Improvement Suggestions

First Bancorp has a poor financial position based on the latest SEC disclosures
Latest headline from www.americanbanker.com: Latest banking news, June 24, 2022 - American Banker
Please check Investing Opportunities. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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.
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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.