First Merchants Stock Price on March 15, 2024
| FRME Stock | USD 34.13 0.33 0.96% |
Below is the normalized historical share price chart for First Merchants extending back to June 20, 1989. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of First Merchants stands at 34.13, as last reported on the 29th of April, with the highest price reaching 34.91 and the lowest price hitting 33.72 during the day.
If you're considering investing in First Stock, it is important to understand the factors that can impact its price. First Merchants secures Sharpe Ratio (or Efficiency) of -0.0043, which denotes the company had a -0.0043% return per unit of risk over the last 3 months. First Merchants exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Merchants' Standard Deviation of 1.85, variance of 3.41, and Mean Deviation of 1.37 to check the risk estimate we provide.
At present, First Merchants' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 19.3 B, whereas Common Stock is forecasted to decline to about 4.4 M. . At present, First Merchants' Price Earnings Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 1.46, whereas Price To Operating Cash Flows Ratio is forecasted to decline to 8.15. First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of February 1992 | 200 Day MA 32.0383 | 50 Day MA 33.7704 | Beta 1.1 |
First |
Sharpe Ratio = -0.0043
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FRME |
Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average First Merchants is not performing at its full potential. However, 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 Merchants by adding First Merchants to a well-diversified portfolio.
Price Book 0.8829 | Price Sales 3.0306 | Shares Float 57.7 M | Dividend Share 1.36 | Wall Street Target Price 41.2 |
First Merchants Main Headline on 15th of March 2024
First Merchants dividend paid on 15th of March 2024 |
First Merchants Valuation on March 15, 2024
It is possible to determine the worth of First Merchants on a given historical date. On March 15, 2024 First was worth 32.46 at the beginning of the trading date compared to the closed value of 32.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Merchants stock. Still, in general, we apply an absolute valuation method to find First Merchants' 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 Merchants where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Merchants' related companies.
| Open | High | Low | Close | Volume | |
| 33.51 | 33.81 | 32.48 | 32.69 | 351,007 | |
03/15/2024 | 32.46 | 33.23 | 32.46 | 32.78 | 844,265 |
| 32.71 | 33.01 | 32.40 | 32.58 | 327,126 |
| Backtest First Merchants | | | First Merchants History | | | First Merchants Valuation | Previous | Next |
First Merchants Trading Date Momentum on March 15, 2024
| On March 18 2024 First Merchants was traded for 32.58 at the closing time. The top price for the day was 33.01 and the lowest listed price was 32.40 . The trading volume for the day was 327.1 K. The trading history from March 18, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.61% . The overall trading delta against the current closing price is 2.59% . |
First Merchants Fundamentals Correlations and Trends
By evaluating First Merchants' 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 Merchants' 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 Merchants Stock history
First Merchants 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 Merchants 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 Merchants stock prices may prove useful in developing a viable investing in First Merchants
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 59.5 M | 62.5 M | |
| Net Income Applicable To Common Shares | 253.8 M | 266.5 M |
First Merchants Stock Technical Analysis
First Merchants 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.
Price Boundaries
First Merchants Period Price Range
Low | March 15, 2024
| High |
32.46 | 32.78 |
First Merchants April 29, 2024 Market Strength
Market strength indicators help investors to evaluate how First Merchants 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 Merchants shares will generate the highest return on investment. By undertsting and applying First Merchants stock market strength indicators, traders can identify First Merchants entry and exit signals to maximize returns
First Merchants Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Merchants' price direction in advance. Along with the technical and fundamental analysis of First 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 | (0.01) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.04) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Merchants. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for First Stock analysis
When running First Merchants' price analysis, check to measure First Merchants' 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 Merchants is operating at the current time. Most of First Merchants' value examination focuses on studying past and present price action to predict the probability of First Merchants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Merchants' price. Additionally, you may evaluate how the addition of First Merchants to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |
Is First Merchants' 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 Merchants. 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 Merchants 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 (0.25) | Dividend Share 1.36 | Earnings Share 3.46 | Revenue Per Share 10.629 | Quarterly Revenue Growth (0.10) |
The market value of First Merchants 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 Merchants' value that differs from its market value or its book value, called intrinsic value, which is First Merchants' 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 Merchants' market value can be influenced by many factors that don't directly affect First Merchants' 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 Merchants' value and its price as these two are different measures arrived at by different means. Investors typically determine if First Merchants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Merchants' 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.