First United Stock Market Value
| FUNC Stock | USD 34.86 0.04 0.11% |
| Symbol | First |
First United 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 United. 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 United 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 0.328 | Dividend Share 0.8 | Earnings Share 2.24 | Revenue Per Share 10.808 | Quarterly Revenue Growth 0.075 |
The market value of First United 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 United's value that differs from its market value or its book value, called intrinsic value, which is First United'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 United's market value can be influenced by many factors that don't directly affect First United'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 United's value and its price as these two are different measures arrived at by different means. Investors typically determine if First United is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First United'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 United '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 United'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 United.
| 10/14/2024 |
| 11/13/2024 |
If you would invest 0.00 in First United on October 14, 2024 and sell it all today you would earn a total of 0.00 from holding First United or generate 0.0% return on investment in First United over 30 days. First United is related to or competes with Lake Shore, MicroAlgo, Morningstar Unconstrained, Bayview Acquisition, American Century, T Rowe, and Aeye. First United Corporation operates as the bank holding company for First United Bank Trust that provides various retail a... More
First United 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 United'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 United upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6246 | |||
| Information Ratio | 0.1931 | |||
| Maximum Drawdown | 8.08 | |||
| Value At Risk | (0.64) | |||
| Potential Upside | 2.56 |
First United Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First United's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First United's standard deviation. In reality, there are many statistical measures that can use First United historical prices to predict the future First United's volatility.| Risk Adjusted Performance | 0.2565 | |||
| Jensen Alpha | 0.2286 | |||
| Total Risk Alpha | 0.1422 | |||
| Sortino Ratio | 0.3861 | |||
| Treynor Ratio | 0.3708 |
First United Backtested Returns
First United appears to be very steady, given 3 months investment horizon. First United secures Sharpe Ratio (or Efficiency) of 0.3, which denotes the company had a 0.3% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for First United, which you can use to evaluate the volatility of the firm. Please utilize First United's Coefficient Of Variation of 304.49, standard deviation of 1.25, and Mean Deviation of 0.7723 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, First United holds a performance score of 23. The firm shows a Beta (market volatility) of 1.08, which means a somewhat significant risk relative to the market. First United returns are very sensitive to returns on the market. As the market goes up or down, First United is expected to follow. Please check First United's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether First United's price patterns will revert.
Auto-correlation | -0.06 |
Very weak reverse predictability
First United has very weak reverse predictability. Overlapping area represents the amount of predictability between First United time series from 14th of October 2024 to 29th of October 2024 and 29th of October 2024 to 13th of November 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 United price movement. The serial correlation of -0.06 indicates that barely 6.0% of current First United price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 1.9 |
First United lagged returns against current returns
Autocorrelation, which is First United 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 United's stock expected returns. We can calculate the autocorrelation of First United returns to help us make a trade decision. For example, suppose you find that First United 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 United 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 United stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if First United stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in First United stock over time.
Current vs Lagged Prices |
| Timeline |
First United Lagged Returns
When evaluating First United's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of First United stock have on its future price. First United 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 United autocorrelation shows the relationship between First United stock current value and its past values and can show if there is a momentum factor associated with investing in First United.
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.When determining whether First United offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First United'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 United Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First United Stock:Check out First United Correlation, First United Volatility and First United Alpha and Beta module to complement your research on First United. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
First United 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.