First Mid Illinois Stock Market Value
| FMBH Stock | USD 38.88 0.20 0.51% |
| Symbol | First |
First Mid Illinois 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 Mid. 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 Mid 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 0.082 | Dividend Share 0.95 | Earnings Share 3.37 | Revenue Per Share | Quarterly Revenue Growth 0.029 |
The market value of First Mid Illinois 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 Mid's value that differs from its market value or its book value, called intrinsic value, which is First Mid'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 First Mid's market value can be influenced by many factors that don't directly affect First Mid'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 First Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Mid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Mid'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.
First Mid '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 Mid'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 First Mid.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in First Mid on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding First Mid Illinois or generate 0.0% return on investment in First Mid over 90 days. First Mid is related to or competes with Northfield Bancorp, Community West, First Community, LINKBANCORP, FNB, Mifflinburg Bancorp, and Commercial National. First Mid Bancshares, Inc., a financial holding company, provides community banking products and services to commercial,... More
First Mid 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 Mid'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 First Mid Illinois upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.5 | |||
| Information Ratio | 0.1259 | |||
| Maximum Drawdown | 7.59 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 3.04 |
First Mid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Mid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Mid's standard deviation. In reality, there are many statistical measures that can use First Mid historical prices to predict the future First Mid's volatility.| Risk Adjusted Performance | 0.2012 | |||
| Jensen Alpha | 0.1951 | |||
| Total Risk Alpha | 0.1074 | |||
| Sortino Ratio | 0.1397 | |||
| Treynor Ratio | 0.307 |
First Mid Illinois Backtested Returns
First Mid appears to be very steady, given 3 months investment horizon. First Mid Illinois secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2 % return per unit of risk over the last 3 months. We have found thirty technical indicators for First Mid Illinois, which you can use to evaluate the volatility of the firm. Please utilize First Mid's Coefficient Of Variation of 474.56, downside deviation of 1.5, and Mean Deviation of 1.33 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, First Mid holds a performance score of 15. The firm shows a Beta (market volatility) of 1.11, which means a somewhat significant risk relative to the market. First Mid returns are very sensitive to returns on the market. As the market goes up or down, First Mid is expected to follow. Please check First Mid's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether First Mid's price patterns will revert.
Auto-correlation | 0.60 |
Good predictability
First Mid Illinois has good predictability. Overlapping area represents the amount of predictability between First Mid time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. 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 Mid Illinois price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current First Mid price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 2.41 |
First Mid Illinois lagged returns against current returns
Autocorrelation, which is First Mid 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 Mid's stock expected returns. We can calculate the autocorrelation of First Mid returns to help us make a trade decision. For example, suppose you find that First Mid 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 Mid 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 Mid stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First Mid stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First Mid stock over time.
Current vs Lagged Prices |
| Timeline |
First Mid Lagged Returns
When evaluating First Mid's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First Mid stock have on its future price. First Mid 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 Mid autocorrelation shows the relationship between First Mid stock current value and its past values and can show if there is a momentum factor associated with investing in First Mid Illinois.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether First Mid Illinois offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Mid's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Mid Illinois Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Mid Illinois Stock:Check out First Mid Correlation, First Mid Volatility and First Mid Alpha and Beta module to complement your research on First Mid. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
First Mid 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.