First Financial Statements From 2010 to 2026
| FSLR Stock | USD 274.34 13.11 5.02% |
Check First Solar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Solar's main balance sheet or income statement drivers, such as , as well as many indicators such as . First financial statements analysis is a perfect complement when working with First Solar Valuation or Volatility modules.
Check out the analysis of First Solar Correlation against competitors. First Solar Company Profit Margin Analysis
First Solar's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current First Solar Profit Margin | 0.28 % |
Most of First Solar's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Solar is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
| Competition |
Based on the latest financial disclosure, First Solar has a Profit Margin of 0.2773%. This is 121.33% lower than that of the Semiconductors & Semiconductor Equipment sector and 101.36% lower than that of the Information Technology industry. The profit margin for all United States stocks is 121.83% lower than that of the firm.
First Solar Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining First Solar's current stock value. Our valuation model uses many indicators to compare First Solar value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across First Solar competition to find correlations between indicators driving First Solar's intrinsic value. More Info.First Solar is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.45 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for First Solar is roughly 2.23 . Comparative valuation analysis is a catch-all technique that is used if you cannot value First Solar by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About First Solar Financial Statements
First Solar shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although First Solar investors may analyze each financial statement separately, they are all interrelated. The changes in First Solar's assets and liabilities, for example, are also reflected in the revenues and expenses on on First Solar's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
First Solar, Inc. provides photovoltaic solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona. First Solar operates under Solar classification in the United States and is traded on NASDAQ Exchange. It employs 4800 people.
Pair Trading with First Solar
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Solar position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Solar will appreciate offsetting losses from the drop in the long position's value.Moving against First Stock
| 0.66 | GCTS | GCT Semiconductor Holding | PairCorr |
| 0.54 | INDI | indie Semiconductor | PairCorr |
| 0.5 | OLED | Universal Display | PairCorr |
| 0.49 | NVTS | Navitas Semiconductor Upward Rally | PairCorr |
| 0.47 | JD | JD Inc Adr Aggressive Push | PairCorr |
The ability to find closely correlated positions to First Solar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Solar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Solar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Solar to buy it.
The correlation of First Solar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Solar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Solar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Solar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.