First Horizon Preferred Stock Price on May 1, 2023
| FHN-PB Preferred Stock | USD 25.40 0.10 0.40% |
If you're considering investing in First Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of First Horizon stands at 25.40, as last reported on the 30th of November, with the highest price reaching 25.44 and the lowest price hitting 25.30 during the day. At this point, First Horizon is very steady. First Horizon secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First Horizon, which you can use to evaluate the volatility of the firm. Please confirm First Horizon's Mean Deviation of 0.2249, coefficient of variation of 562.24, and Standard Deviation of 0.3136 to check if the risk estimate we provide is consistent with the expected return of 0.0569%.
First Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = 0.1798
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Estimated Market Risk
| 0.32 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average First Horizon is performing at about 14% 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 Horizon by adding it to a well-diversified portfolio.
First Horizon Valuation on May 1, 2023
It is possible to determine the worth of First Horizon on a given historical date. On May 1, 2023 First was worth 20.94 at the beginning of the trading date compared to the closed value of 21.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Horizon preferred stock. Still, in general, we apply an absolute valuation method to find First Horizon's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of First Horizon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Horizon's related companies.
| Open | High | Low | Close | Volume | |
| 20.88 | 20.91 | 19.94 | 20.88 | 5,403 | |
05/01/2023 | 20.94 | 21.07 | 20.89 | 21.00 | 19,790 |
| 20.82 | 21.13 | 20.24 | 20.64 | 52,880 |
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First Horizon Trading Date Momentum on May 1, 2023
| On May 02 2023 First Horizon was traded for 20.64 at the closing time. The maximum traded price for the trading interval was 21.13 and the lowest daily price was 20.24 . The daily volume was recorded at 52.9 K. The volume of trading on 2nd of May 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.71% . The overall trading delta to the closing price today is 19.95% . |
First Horizon Fundamentals Correlations and Trends
By evaluating First Horizon's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among First Horizon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. First financial account trend analysis is a perfect complement when working with valuation or volatility modules.About First Horizon Preferred Stock history
First Horizon investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Horizon will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing First Horizon stock prices may prove useful in developing a viable investing in First Horizon
First Horizon National Corporation operates as the bank holding company for First Horizon Bank that provides various financial services. The company was founded in 1864 and is headquartered in Memphis, Tennessee. First Horizon is traded on New York Stock Exchange in the United States.
First Horizon Preferred Stock Technical Analysis
First Horizon technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
First Horizon Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
First Horizon cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
First Horizon November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how First Horizon preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Horizon shares will generate the highest return on investment. By undertsting and applying First Horizon preferred stock market strength indicators, traders can identify First Horizon entry and exit signals to maximize returns
First Horizon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Horizon's price direction in advance. Along with the technical and fundamental analysis of First Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of First to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1216 | |||
| Jensen Alpha | 0.0359 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.26) | |||
| Treynor Ratio | 0.5884 |
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Complementary Tools for First Preferred Stock analysis
When running First Horizon's price analysis, check to measure First Horizon'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 Horizon is operating at the current time. Most of First Horizon's value examination focuses on studying past and present price action to predict the probability of First Horizon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Horizon's price. Additionally, you may evaluate how the addition of First Horizon to your portfolios can decrease your overall portfolio volatility.
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