First Quantum Minerals Stock Net Income
| FM Stock | CAD 38.49 3.23 7.74% |
As of the 31st of January, First Quantum shows the Coefficient Of Variation of 492.04, mean deviation of 1.91, and Downside Deviation of 2.7. First Quantum Minerals technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
First Quantum's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing First Quantum's valuation are provided below:First Quantum Minerals does not presently have any fundamental signals for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. First |
First Quantum 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to First Quantum's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of First Quantum.
| 11/02/2025 |
| 01/31/2026 |
If you would invest 0.00 in First Quantum on November 2, 2025 and sell it all today you would earn a total of 0.00 from holding First Quantum Minerals or generate 0.0% return on investment in First Quantum over 90 days. First Quantum is related to or competes with Lundin Mining, Lundin Gold, Ivanhoe Mines, Alamos Gold, HudBay Minerals, Pan American, and Teck Resources. First Quantum Minerals Ltd. engages in the exploration, development, and production of mineral properties More
First Quantum Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure First Quantum's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess First Quantum Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.7 | |||
| Information Ratio | 0.1856 | |||
| Maximum Drawdown | 12.05 | |||
| Value At Risk | (3.89) | |||
| Potential Upside | 4.56 |
First Quantum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Quantum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as First Quantum's standard deviation. In reality, there are many statistical measures that can use First Quantum historical prices to predict the future First Quantum's volatility.| Risk Adjusted Performance | 0.1542 | |||
| Jensen Alpha | 0.4843 | |||
| Total Risk Alpha | 0.3858 | |||
| Sortino Ratio | 0.1756 | |||
| Treynor Ratio | 0.7145 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of First Quantum's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
First Quantum January 31, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1542 | |||
| Market Risk Adjusted Performance | 0.7245 | |||
| Mean Deviation | 1.91 | |||
| Semi Deviation | 2.18 | |||
| Downside Deviation | 2.7 | |||
| Coefficient Of Variation | 492.04 | |||
| Standard Deviation | 2.55 | |||
| Variance | 6.53 | |||
| Information Ratio | 0.1856 | |||
| Jensen Alpha | 0.4843 | |||
| Total Risk Alpha | 0.3858 | |||
| Sortino Ratio | 0.1756 | |||
| Treynor Ratio | 0.7145 | |||
| Maximum Drawdown | 12.05 | |||
| Value At Risk | (3.89) | |||
| Potential Upside | 4.56 | |||
| Downside Variance | 7.29 | |||
| Semi Variance | 4.73 | |||
| Expected Short fall | (2.07) | |||
| Skewness | (0.55) | |||
| Kurtosis | 1.33 |
First Quantum Minerals Backtested Returns
First Quantum appears to be very steady, given 3 months investment horizon. First Quantum Minerals secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2 % return per unit of risk over the last 3 months. By reviewing First Quantum's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize First Quantum's Coefficient Of Variation of 492.04, downside deviation of 2.7, and Mean Deviation of 1.91 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, First Quantum holds a performance score of 16. The firm shows a Beta (market volatility) of 0.71, which means possible diversification benefits within a given portfolio. As returns on the market increase, First Quantum's returns are expected to increase less than the market. However, during the bear market, the loss of holding First Quantum is expected to be smaller as well. Please check First Quantum's skewness, and the relationship between the value at risk and day median price , to make a quick decision on whether First Quantum's price patterns will revert.
Auto-correlation | 0.58 |
Modest predictability
First Quantum Minerals has modest predictability. Overlapping area represents the amount of predictability between First Quantum time series from 2nd of November 2025 to 17th of December 2025 and 17th of December 2025 to 31st of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of First Quantum Minerals price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current First Quantum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 5.5 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, First Quantum Minerals reported net income of (108 Million). This is much higher than that of the Metals & Mining sector and 130.04% lower than that of the Materials industry. The net income for all Canada stocks is 118.91% higher than that of the company.
First Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Quantum's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Quantum could also be used in its relative valuation, which is a method of valuing First Quantum by comparing valuation metrics of similar companies.First Quantum is currently under evaluation in net income category among its peers.
First Fundamentals
| Return On Equity | 0.0017 | ||||
| Return On Asset | 0.0266 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.18 % | ||||
| Current Valuation | 41.19 B | ||||
| Shares Outstanding | 834.21 M | ||||
| Shares Owned By Insiders | 18.52 % | ||||
| Shares Owned By Institutions | 51.66 % | ||||
| Number Of Shares Shorted | 5.78 M | ||||
| Price To Earning | 32.92 X | ||||
| Price To Book | 2.25 X | ||||
| Price To Sales | 6.94 X | ||||
| Revenue | 4.8 B | ||||
| Gross Profit | 1.45 B | ||||
| EBITDA | 1.62 B | ||||
| Net Income | (108 M) | ||||
| Cash And Equivalents | 843 M | ||||
| Cash Per Share | 1.37 X | ||||
| Total Debt | 6.37 B | ||||
| Debt To Equity | 0.96 % | ||||
| Current Ratio | 1.03 X | ||||
| Book Value Per Share | 18.53 X | ||||
| Cash Flow From Operations | 1.65 B | ||||
| Short Ratio | 3.48 X | ||||
| Earnings Per Share | 0.08 X | ||||
| Price To Earnings To Growth | (9.80) X | ||||
| Target Price | 40.17 | ||||
| Number Of Employees | 21 | ||||
| Beta | 2.02 | ||||
| Market Capitalization | 34.8 B | ||||
| Total Asset | 24.11 B | ||||
| Retained Earnings | 4.88 B | ||||
| Working Capital | 1.67 B | ||||
| Current Asset | 2.16 B | ||||
| Current Liabilities | 1.09 B | ||||
| Five Year Return | 0.25 % | ||||
| Net Asset | 24.11 B |
About First Quantum Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze First Quantum Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Quantum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Quantum Minerals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with First Quantum
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 Quantum 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 Quantum will appreciate offsetting losses from the drop in the long position's value.Moving together with First Stock
| 0.85 | AG | First Majestic Silver | PairCorr |
| 0.92 | IE | Ivanhoe Energy | PairCorr |
| 0.82 | ORE | Orezone Gold Corp | PairCorr |
| 0.91 | FDY | Faraday Copper Corp | PairCorr |
Moving against First Stock
| 0.61 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.61 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.46 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.46 | MSFT | Microsoft CDR | PairCorr |
The ability to find closely correlated positions to First Quantum 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 Quantum 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 Quantum - 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 Quantum Minerals to buy it.
The correlation of First Quantum 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 Quantum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Quantum Minerals 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 Quantum 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.Other Information on Investing in First Stock
First Quantum financial ratios help investors to determine whether First Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Quantum security.