First Majestic (Mexico) Performance
| FR Stock | 483.00 5.56 1.14% |
First Majestic has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0629, which means not very significant fluctuations relative to the market. As returns on the market increase, First Majestic's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Majestic is expected to be smaller as well. First Majestic Silver right now shows a risk of 0.88%. Please confirm First Majestic Silver total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if First Majestic Silver will be following its price patterns.
Risk-Adjusted Performance
2 of 100
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in First Majestic Silver are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong primary indicators, First Majestic is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
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First Majestic Relative Risk vs. Return Landscape
If you would invest 48,086 in First Majestic Silver on August 28, 2024 and sell it today you would earn a total of 770.00 from holding First Majestic Silver or generate 1.6% return on investment over 90 days. First Majestic Silver is currently producing 0.0294% returns and takes up 0.8777% volatility of returns over 90 trading days. Put another way, 7% of traded stocks are less volatile than First, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
First Majestic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Majestic's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as First Majestic Silver, and traders can use it to determine the average amount a First Majestic's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0335
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Estimated Market Risk
| 0.88 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average First Majestic is performing at about 2% of its full potential. 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 Majestic by adding it to a well-diversified portfolio.
About First Majestic Performance
Evaluating First Majestic's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if First Majestic has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if First Majestic has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about First Majestic Silver performance evaluation
Checking the ongoing alerts about First Majestic for important developments is a great way to find new opportunities for your next move. 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.Evaluating First Majestic's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate First Majestic's stock performance include:- Analyzing First Majestic's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether First Majestic's stock is overvalued or undervalued compared to its peers.
- Examining First Majestic's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating First Majestic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of First Majestic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of First Majestic's stock. These opinions can provide insight into First Majestic's potential for growth and whether the stock is currently undervalued or overvalued.
Additional 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.