First Majestic (Mexico) Today
| FR Stock | 498.76 2.50 0.50% |
Performance0 of 100
| Odds Of DistressLess than 9
|
First Majestic is trading at 498.76 as of the 19th of April 2024; that is -0.5 percent down since the beginning of the trading day. The stock's open price was 501.26. First Majestic has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for First Majestic Silver are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Moving against First Stock
| 0.45 | HOMEX | Desarrolladora Homex SAB | PairCorr |
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First Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Majestic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Majestic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Silver (View all Themes) |
| Business Concentration | Silver, Other, Other (View all Sectors) |
First Majestic Silver (FR) is traded on Mexican Exchange in Mexico . The company classifies itself under Other sector and is part of Other industry. First Majestic Silver has 0 outstanding shares.
Check First Majestic Probability Of Bankruptcy
First Stock Price Odds Analysis
Based on a normal probability distribution, the odds of First Majestic jumping above the current price in 90 days from now is roughly 96.0%. The First Majestic Silver probability density function shows the probability of First Majestic stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon First Majestic has a beta of 0.1035. This usually indicates as returns on the market go up, First Majestic average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding First Majestic Silver will be expected to be much smaller as well. Additionally, first Majestic Silver has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of First Majestic to move above the current price in 90 days from now is roughly 96.0 (This First Majestic Silver probability density function shows the probability of First Stock to fall within a particular range of prices over 90 days) .
First Majestic Silver Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. First Majestic market risk premium is the additional return an investor will receive from holding First Majestic long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Majestic. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although First Majestic's alpha and beta are two of the key measurements used to evaluate First Majestic's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6935 | |||
| Standard Deviation | 0.9226 | |||
| Variance | 0.8512 | |||
| Risk Adjusted Performance | (0.02) |
First Stock Against Markets
Picking the right benchmark for First Majestic stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Majestic stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Majestic is critical whether you are bullish or bearish towards First Majestic Silver at a given time. Please also check how First Majestic's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in First Majestic without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy First Stock?
Before investing in First Majestic, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in First Majestic. To buy First Majestic stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of First Majestic. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase First Majestic stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located First Majestic Silver stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased First Majestic Silver stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as First Majestic Silver, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy First Stock please use our How to Invest in First Majestic guide.
Already Invested in First Majestic Silver?
The danger of trading First Majestic Silver is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Majestic is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Majestic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Majestic Silver is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether First Majestic Silver is a strong investment it is important to analyze First Majestic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Majestic's future performance. For an informed investment choice regarding First Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for First Stock analysis
When running First Majestic's price analysis, check to measure First Majestic'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 First Majestic is operating at the current time. Most of First Majestic's value examination focuses on studying past and present price action to predict the probability of First Majestic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Majestic's price. Additionally, you may evaluate how the addition of First Majestic to your portfolios can decrease your overall portfolio volatility.
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