1ST SUMMIT Beta vs. Net Income
| FSMK Stock | USD 26.60 1.00 3.91% |
For 1ST SUMMIT profitability analysis, we use financial ratios and fundamental drivers that measure the ability of 1ST SUMMIT to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well 1ST SUMMIT BANCORP utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between 1ST SUMMIT's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of 1ST SUMMIT BANCORP over time as well as its relative position and ranking within its peers.
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1ST SUMMIT BANCORP Net Income vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining 1ST SUMMIT's current stock value. Our valuation model uses many indicators to compare 1ST SUMMIT value to that of its competitors to determine the firm's financial worth. 1ST SUMMIT BANCORP is rated below average in beta category among its peers. It is one of the top stocks in net income category among its peers making up about 691,596,639 of Net Income per Beta. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the 1ST SUMMIT's earnings, one of the primary drivers of an investment's value.1ST Net Income vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
1ST SUMMIT |
| = | 0.0119 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
1ST SUMMIT |
| = | 8.23 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
1ST Net Income Comparison
1ST SUMMIT is currently under evaluation in net income category among its peers.
Beta Analysis
As returns on the market increase, 1ST SUMMIT's returns are expected to increase less than the market. However, during the bear market, the loss of holding 1ST SUMMIT is expected to be smaller as well.
1ST SUMMIT Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in 1ST SUMMIT, profitability is also one of the essential criteria for including it into their portfolios because, without profit, 1ST SUMMIT will eventually generate negative long term returns. The profitability progress is the general direction of 1ST SUMMIT's change in net profit over the period of time. It can combine multiple indicators of 1ST SUMMIT, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
1ST SUMMIT BANCORP of Johnstown, Inc. operates as the bank holding company for 1ST SUMMIT BANK that provides various banking products and services. The company was formerly known as SUMMIT Bancorp, Inc. and changed its name to 1ST SUMMIT BANCORP of Johnstown, Inc. in 1996. 1ST SUMMIT BANCORP of Johnstown, Inc. was incorporated in 1924 and is based in Johnstown, Pennsylvania. 1st Summit operates under BanksRegional classification in the United States and is traded on OTC Exchange.
1ST Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on 1ST SUMMIT. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of 1ST SUMMIT position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the 1ST SUMMIT's important profitability drivers and their relationship over time.
Use 1ST SUMMIT in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if 1ST SUMMIT position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in 1ST SUMMIT will appreciate offsetting losses from the drop in the long position's value.1ST SUMMIT Pair Trading
1ST SUMMIT BANCORP Pair Trading Analysis
The ability to find closely correlated positions to 1ST SUMMIT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 1ST SUMMIT when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back 1ST SUMMIT - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling 1ST SUMMIT BANCORP to buy it.
The correlation of 1ST SUMMIT is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as 1ST SUMMIT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 1ST SUMMIT BANCORP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for 1ST SUMMIT can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your 1ST SUMMIT position
In addition to having 1ST SUMMIT in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Rubber and Plastic Products Thematic Idea Now
Rubber and Plastic Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Rubber and Plastic Products theme has 27 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Rubber and Plastic Products Theme or any other thematic opportunities.
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Other Information on Investing in 1ST Pink Sheet
To fully project 1ST SUMMIT's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of 1ST SUMMIT BANCORP at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include 1ST SUMMIT's income statement, its balance sheet, and the statement of cash flows.