First Business Financial Stock Market Value
| FBIZ Stock | USD 50.12 0.39 0.77% |
| Symbol | First |
First Business Financial Price To Book Ratio
Is Regional Banks space 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 Business. 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 Business 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 0.06 | Dividend Share 0.978 | Earnings Share 4.64 | Revenue Per Share 17.223 | Quarterly Revenue Growth 0.022 |
The market value of First Business Financial 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 Business' value that differs from its market value or its book value, called intrinsic value, which is First Business' 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 Business' market value can be influenced by many factors that don't directly affect First Business' 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 Business' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Business is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Business' 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 Business '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 Business' 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 Business.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in First Business on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding First Business Financial or generate 0.0% return on investment in First Business over 30 days. First Business is related to or competes with Home Federal, Lake Shore, Old Point, Parke Bancorp, LINKBANCORP, Rhinebeck Bancorp, and Orrstown Financial. First Business Financial Services, Inc. operates as the bank holding company for First Business Bank that provides comme... More
First Business 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 Business' 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 Business Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.91 | |||
| Information Ratio | 0.0305 | |||
| Maximum Drawdown | 16.67 | |||
| Value At Risk | (3.58) | |||
| Potential Upside | 3.9 |
First Business Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Business' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Business' standard deviation. In reality, there are many statistical measures that can use First Business historical prices to predict the future First Business' volatility.| Risk Adjusted Performance | 0.0725 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0399 | |||
| Treynor Ratio | 0.0903 |
First Business Financial Backtested Returns
First Business appears to be very steady, given 3 months investment horizon. First Business Financial secures Sharpe Ratio (or Efficiency) of 0.0929, which denotes the company had a 0.0929% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First Business Financial, which you can use to evaluate the volatility of the firm. Please utilize First Business' Mean Deviation of 1.69, coefficient of variation of 1166.27, and Downside Deviation of 1.91 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, First Business holds a performance score of 7. The firm shows a Beta (market volatility) of 2.26, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, First Business will likely underperform. Please check First Business' potential upside, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether First Business' price patterns will revert.
Auto-correlation | 0.63 |
Good predictability
First Business Financial has good predictability. Overlapping area represents the amount of predictability between First Business time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 2024. 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 Business Financial price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current First Business price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.38 |
First Business Financial lagged returns against current returns
Autocorrelation, which is First Business 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 Business' stock expected returns. We can calculate the autocorrelation of First Business returns to help us make a trade decision. For example, suppose you find that First Business 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
First Business 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 Business stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Business stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Business stock over time.
Current vs Lagged Prices |
| Timeline |
First Business Lagged Returns
When evaluating First Business' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Business stock have on its future price. First Business 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 Business autocorrelation shows the relationship between First Business stock current value and its past values and can show if there is a momentum factor associated with investing in First Business Financial.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for First Stock Analysis
When running First Business' price analysis, check to measure First Business' 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 Business is operating at the current time. Most of First Business' value examination focuses on studying past and present price action to predict the probability of First Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Business' price. Additionally, you may evaluate how the addition of First Business to your portfolios can decrease your overall portfolio volatility.