Firstcash Stock Market Value
| FCFS Stock | USD 115.71 1.10 0.96% |
| Symbol | FirstCash |
FirstCash Price To Book Ratio
Is FirstCash'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 FirstCash. If investors know FirstCash 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 FirstCash 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 0.324 | Dividend Share 1.38 | Earnings Share 4.8 | Revenue Per Share 71.326 | Quarterly Revenue Growth 0.097 |
The market value of FirstCash is measured differently than its book value, which is the value of FirstCash that is recorded on the company's balance sheet. Investors also form their own opinion of FirstCash's value that differs from its market value or its book value, called intrinsic value, which is FirstCash'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 FirstCash's market value can be influenced by many factors that don't directly affect FirstCash'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 FirstCash's value and its price as these two are different measures arrived at by different means. Investors typically determine if FirstCash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FirstCash'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.
FirstCash '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 FirstCash's 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 FirstCash.
| 03/29/2024 |
| 04/28/2024 |
If you would invest 0.00 in FirstCash on March 29, 2024 and sell it all today you would earn a total of 0.00 from holding FirstCash or generate 0.0% return on investment in FirstCash over 30 days. FirstCash is related to or competes with World Acceptance, Enova International, Green Dot, Medallion Financial, SLM Corp, Federal Agricultural, and Navient Corp. FirstCash Holdings, Inc, together with its subsidiaries, operates retail pawn stores in the United States, Mexico, and r... More
FirstCash 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 FirstCash's 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 FirstCash upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.86 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 17.48 | |||
| Value At Risk | (2.12) | |||
| Potential Upside | 2.29 |
FirstCash Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for FirstCash's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as FirstCash's standard deviation. In reality, there are many statistical measures that can use FirstCash historical prices to predict the future FirstCash's volatility.| Risk Adjusted Performance | 0.0209 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.037 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of FirstCash's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
FirstCash Backtested Returns
We consider FirstCash very steady. FirstCash secures Sharpe Ratio (or Efficiency) of 0.008, which denotes the company had a 0.008% return per unit of risk over the last 3 months. We have found thirty technical indicators for FirstCash, which you can use to evaluate the volatility of the firm. Please confirm FirstCash's Downside Deviation of 2.86, coefficient of variation of 4495.26, and Mean Deviation of 1.24 to check if the risk estimate we provide is consistent with the expected return of 0.017%. The firm shows a Beta (market volatility) of 0.99, which means possible diversification benefits within a given portfolio. FirstCash returns are very sensitive to returns on the market. As the market goes up or down, FirstCash is expected to follow. FirstCash right now shows a risk of 2.13%. Please confirm FirstCash skewness, and the relationship between the value at risk and day median price , to decide if FirstCash will be following its price patterns.
Auto-correlation | -0.81 |
Excellent reverse predictability
FirstCash has excellent reverse predictability. Overlapping area represents the amount of predictability between FirstCash time series from 29th of March 2024 to 13th of April 2024 and 13th of April 2024 to 28th of April 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 FirstCash price movement. The serial correlation of -0.81 indicates that around 81.0% of current FirstCash price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 47.55 |
FirstCash lagged returns against current returns
Autocorrelation, which is FirstCash 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 FirstCash's stock expected returns. We can calculate the autocorrelation of FirstCash returns to help us make a trade decision. For example, suppose you find that FirstCash 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 |
FirstCash 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 FirstCash stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if FirstCash stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in FirstCash stock over time.
Current vs Lagged Prices |
| Timeline |
FirstCash Lagged Returns
When evaluating FirstCash's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of FirstCash stock have on its future price. FirstCash 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, FirstCash autocorrelation shows the relationship between FirstCash stock current value and its past values and can show if there is a momentum factor associated with investing in FirstCash.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out FirstCash Correlation, FirstCash Volatility and FirstCash Alpha and Beta module to complement your research on FirstCash. For more information on how to buy FirstCash Stock please use our How to Invest in FirstCash guide.Note that the FirstCash information on this page should be used as a complementary analysis to other FirstCash'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 the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for FirstCash Stock analysis
When running FirstCash's price analysis, check to measure FirstCash'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 FirstCash is operating at the current time. Most of FirstCash's value examination focuses on studying past and present price action to predict the probability of FirstCash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstCash's price. Additionally, you may evaluate how the addition of FirstCash to your portfolios can decrease your overall portfolio volatility.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |
FirstCash 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.