First Solar Stock Price on December 2, 2024
FSLR Stock | USD 182.39 6.51 3.70% |
Below is the normalized historical share price chart for First Solar extending back to November 17, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of First Solar stands at 182.39, as last reported on the 22nd of December, with the highest price reaching 183.01 and the lowest price hitting 173.36 during the day.
If you're considering investing in First Stock, it is important to understand the factors that can impact its price. First Solar secures Sharpe Ratio (or Efficiency) of -0.13, which denotes the company had a -0.13% return per unit of risk over the last 3 months. First Solar exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Solar's Variance of 10.3, mean deviation of 2.44, and Standard Deviation of 3.21 to check the risk estimate we provide.
As of 12/22/2024, Stock Based Compensation To Revenue is likely to grow to 0.01, while Total Stockholder Equity is likely to drop slightly above 3.8 B. . At this time, First Solar's Price Earnings Ratio is relatively stable compared to the past year. As of 12/22/2024, Price Book Value Ratio is likely to grow to 4.35, though Price Earnings To Growth Ratio is likely to grow to (0.01). First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of November 2006 | 200 Day MA 210.6362 | 50 Day MA 196.378 | Beta 1.481 |
First |
Sharpe Ratio = -0.1343
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Estimated Market Risk
3.19 actual daily | 28 72% of assets are more volatile |
Expected Return
-0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average First Solar is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of First Solar by adding First Solar to a well-diversified portfolio.
Price Book 2.572 | Enterprise Value Ebitda 10.7671 | Price Sales 5.0707 | Shares Float 101.2 M | Wall Street Target Price 270.4009 |
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First Solar Valuation on December 2, 2024
It is possible to determine the worth of First Solar on a given historical date. On December 2, 2024 First was worth 204.35 at the beginning of the trading date compared to the closed value of 207.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Solar stock. Still, in general, we apply an absolute valuation method to find First Solar's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of First Solar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Solar's related companies.
Open | High | Low | Close | Volume | |
194.50 | 199.83 | 191.53 | 199.27 | 2,144,891 | |
12/02/2024 | 204.35 | 212.15 | 202.01 | 207.92 | 3,843,055 |
205.49 | 208.22 | 201.67 | 207.51 | 1,915,470 |
Backtest First Solar | | | First Solar History | | | First Solar Valuation | Previous | Next |
First Solar Trading Date Momentum on December 2, 2024
On December 03 2024 First Solar was traded for 207.51 at the closing time. The top price for the day was 208.22 and the lowest listed price was 201.67 . The trading volume for the day was 1.9 M. The trading history from December 3, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.20% . The overall trading delta against the current closing price is 3.00% . |
First Solar Fundamentals Correlations and Trends
By evaluating First Solar's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among First Solar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. First financial account trend analysis is a perfect complement when working with valuation or volatility modules.About First Solar Stock history
First Solar investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Solar will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing First Solar stock prices may prove useful in developing a viable investing in First Solar
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 107.4 M | 93 M | |
Net Loss | -39.7 M | -37.8 M |
First Solar Quarterly Net Working Capital |
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First Solar Stock Technical Analysis
First Solar 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.
Price Boundaries
First Solar Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
First Solar cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
First Solar December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how First Solar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading First Solar shares will generate the highest return on investment. By undertsting and applying First Solar stock market strength indicators, traders can identify First Solar entry and exit signals to maximize returns
First Solar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Solar's price direction in advance. Along with the technical and fundamental analysis of First Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of First to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.08) | |||
Jensen Alpha | (0.38) | |||
Total Risk Alpha | (0.47) | |||
Treynor Ratio | (2.30) |
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Additional Tools for First Stock Analysis
When running First Solar's price analysis, check to measure First Solar'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 Solar is operating at the current time. Most of First Solar's value examination focuses on studying past and present price action to predict the probability of First Solar'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 Solar's price. Additionally, you may evaluate how the addition of First Solar to your portfolios can decrease your overall portfolio volatility.