First Bancorp Downside Variance
| FBPI Stock | | | USD 13.46 0.46 3.54% |
This technical indicator view for Downside Variance organizes signals for First Bancorp of and comparable instruments. Some instruments may have limited coverage due to data differences;
Equity Screeners lists screening tools. First Bancorp has market cap of 18.5 M, P/E of 7.37, operating margin of 17.35%. See
Investing Opportunities for portfolio-level analysis. This suggests a position in First Bancorp of across the allocation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
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First Bancorp of has current Downside Variance of 0.5928. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
Downside Variance | = | SUM(RET DEV)2N(ER) |
| = | 0.5928 | |
| SUM | = | Summation notation |
| RET DEV | = | Actual returns deviation over selected period |
| N(ER) | = | Number of points with returns less than expected return for the period |
First Bancorp Downside Variance Peers Comparison
First Downside Variance Relative To Other Indicators
First Bancorp of is rated
below average. in downside variance category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
7.70 of Maximum Drawdown per Downside Variance. The ratio of Maximum Drawdown to Downside Variance for First Bancorp of is roughly
7.70 Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
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