First Majestic Silver Stock Probability of Future Stock Price Finishing Under 7.37
| AG Stock | USD 6.31 0.13 2.02% |
First |
First Majestic Target Price Odds to finish below 7.37
The tendency of First Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 7.37 after 90 days |
| 6.31 | 90 days | 7.37 | about 90.89 |
Based on a normal probability distribution, the odds of First Majestic to stay under $ 7.37 after 90 days from now is about 90.89 (This First Majestic Silver probability density function shows the probability of First Stock to fall within a particular range of prices over 90 days) . Probability of First Majestic Silver price to stay between its current price of $ 6.31 and $ 7.37 at the end of the 90-day period is about 42.5 .
Allowing for the 90-day total investment horizon First Majestic has a beta of 0.34. This suggests 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 an alpha of 0.1783, implying that it can generate a 0.18 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). First Majestic Price Density |
| Price |
Predictive Modules for First Majestic
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as First Majestic Silver. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.First Majestic Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. First Majestic is not an exception. The market had few large corrections towards the First Majestic's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold First Majestic Silver, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of First Majestic within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.18 | |
β | Beta against Dow Jones | 0.34 | |
σ | Overall volatility | 0.77 | |
Ir | Information ratio | 0.03 |
First Majestic Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of First Majestic for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for First Majestic Silver can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| First Majestic had very high historical volatility over the last 90 days | |
| The company generated the yearly revenue of 576.38 M. Annual Net Loss to common stockholders was (137.59 M) with gross profit of 140.6 M. | |
| First Majestic has a frail financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: First Mining Further Defines Buzz Zone and North Zone Expansion Targets at the Duparquet Gold Project |
First Majestic Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of First Stock often depends not only on the future outlook of the current and potential First Majestic's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. First Majestic's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 282.3 M | |
| Cash And Short Term Investments | 188 M |
First Majestic Technical Analysis
First Majestic's future price can be derived by breaking down and analyzing its technical indicators over time. First Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of First Majestic Silver. In general, you should focus on analyzing First Stock price patterns and their correlations with different microeconomic environments and drivers.
First Majestic Predictive Forecast Models
First Majestic's time-series forecasting models is one of many First Majestic's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary First Majestic's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about First Majestic Silver
Checking the ongoing alerts about First Majestic for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for First Majestic Silver help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| First Majestic had very high historical volatility over the last 90 days | |
| The company generated the yearly revenue of 576.38 M. Annual Net Loss to common stockholders was (137.59 M) with gross profit of 140.6 M. | |
| First Majestic has a frail financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: First Mining Further Defines Buzz Zone and North Zone Expansion Targets at the Duparquet Gold Project |
Check out First Majestic Backtesting, First Majestic Valuation, First Majestic Correlation, First Majestic Hype Analysis, First Majestic Volatility, First Majestic History as well as First Majestic Performance. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Metals & Mining 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 Majestic. 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 Majestic 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 2.359 | Dividend Share 0.018 | Earnings Share (0.26) | Revenue Per Share 1.8 | Quarterly Revenue Growth 0.097 |
The market value of First Majestic Silver 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 Majestic's value that differs from its market value or its book value, called intrinsic value, which is First Majestic'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 Majestic's market value can be influenced by many factors that don't directly affect First Majestic'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 Majestic's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Majestic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Majestic'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.