First Solar Stock Alpha and Beta Analysis
| FSLR Stock | USD 186.05 4.10 2.25% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as First Solar. It also helps investors analyze the systematic and unsystematic risks associated with investing in First Solar over a specified time horizon. Remember, high First Solar's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to First Solar's market risk premium analysis include:
Beta 0.35 | Alpha (0.23) | Risk 3.7 | Sharpe Ratio (0.08) | Expected Return (0.30) |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
First |
First Solar Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. First Solar market risk premium is the additional return an investor will receive from holding First Solar long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Solar. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate First Solar's performance over market.| α | -0.23 | β | 0.35 |
First Solar expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of First Solar's Buy-and-hold return. Our buy-and-hold chart shows how First Solar performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.First Solar Market Price Analysis
Market price analysis 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 understating and applying First Solar stock market price indicators, traders can identify First Solar position entry and exit signals to maximize returns.
First Solar Return and Market Media
The median price of First Solar for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 212.28 with a coefficient of variation of 9.58. The daily time series for the period is distributed with a sample standard deviation of 20.61, arithmetic mean of 215.13, and mean deviation of 18.0. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Gansu Golden Solar Third Quarter 2024 Earnings CN0.59 loss per share | 10/25/2024 |
2 | NASA Mars Rover Captures Goofy Googly Eye Solar Eclipse | 10/31/2024 |
3 | Trump Win Unlikely to Thwart Rooftop Solar, Sunrun CEO Says | 11/07/2024 |
4 | The Unintended Consequences of Pakistans Solar Energy Boom | 11/11/2024 |
5 | Battery startup acquires new Trina Solar plant in Wilmer for 340M | 11/12/2024 |
6 | First Solar Stock Surges Over 5 percent Amid Strong Financial Performance | 11/14/2024 |
7 | Q3 2024 SMA Solar Technology AG Earnings Call Transcript | 11/19/2024 |
8 | Solar power magnate Gautam Adani and others indicted over alleged 250M bribery scheme | 11/20/2024 |
9 | Chinas Solar Dominance Fuels Asias Green Energy Shift | 11/21/2024 |
10 | Company Claims To Solve Inertia Problems For Wind, Solar And River Turbines | 11/22/2024 |
About First Solar Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including First or other stocks. Alpha measures the amount that position in First Solar has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 56.77 | 49.47 | 154.82 | 80.15 | PTB Ratio | 1.55 | 2.73 | 2.75 | 4.35 |
First Solar Upcoming Company Events
As portrayed in its financial statements, the presentation of First Solar's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Solar's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of First Solar's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of First Solar. Please utilize our Beneish M Score to check the likelihood of First Solar's management manipulating its earnings.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with First Solar
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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.