First United Stock Market Value

FUNC Stock  USD 34.82  0.87  2.56%   
First United's market value is the price at which a share of First United trades on a public exchange. It measures the collective expectations of First United investors about its performance. First United is trading at 34.82 as of the 11th of November 2024, a 2.56% increase since the beginning of the trading day. The stock's open price was 33.95.
With this module, you can estimate the performance of a buy and hold strategy of First United and determine expected loss or profit from investing in First United over a given investment horizon. 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.
Symbol

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
0.82
Earnings Share
2.24
Revenue Per Share
10.801
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.
0.00
09/12/2024
No Change 0.00  0.0 
In 2 months and 2 days
11/11/2024
0.00
If you would invest  0.00  in First United on September 12, 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 60 days. First United is related to or competes with First Community, Greene County, Community West, Affinity Bancshares, Home Federal, First Business, and Old Point. 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.

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.
Hype
Prediction
LowEstimatedHigh
33.5434.7635.98
Details
Intrinsic
Valuation
LowRealHigh
27.8029.0238.30
Details
Naive
Forecast
LowNextHigh
34.1035.3236.55
Details
1 Analysts
Consensus
LowTargetHigh
22.7525.0027.75
Details

First United Backtested Returns

First United appears to be very steady, given 3 months investment horizon. First United secures Sharpe Ratio (or Efficiency) of 0.29, which denotes the company had a 0.29% 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 Mean Deviation of 0.7367, coefficient of variation of 339.33, and Standard Deviation of 1.23 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 22. The firm shows a Beta (market volatility) of 1.09, 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

    
  0.40  

Average predictability

First United has average predictability. Overlapping area represents the amount of predictability between First United time series from 12th of September 2024 to 12th of October 2024 and 12th of October 2024 to 11th 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 0.4 indicates that just about 40.0% of current First United price fluctuation can be explain by its past prices.
Correlation Coefficient0.4
Spearman Rank Test0.32
Residual Average0.0
Price Variance1.42

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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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.
A focus of First United technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of First United trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...