First Solar (Mexico) Today
| FSLR Stock | MXN 3,045 15.00 0.49% |
Performance9 of 100
| Odds Of DistressLess than 32
|
First Solar is trading at 3045.00 as of the 24th of April 2024; that is -0.49 percent down since the beginning of the trading day. The stock's open price was 3060.0. First Solar has about a 32 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for First Solar are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
First Solar, Inc. provides photovoltaic solar energy solutions in the United States and internationally. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona. FIRST SOLAR operates under Solar classification in Mexico and is traded on Mexico Stock Exchange. The company has 106.61 M outstanding shares. More on First Solar
Moving together with First Stock
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Moving against First Stock
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First Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Solar's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Solar or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and Director | James Hughes |
| Business Concentration | Solar, Technology (View all Sectors) |
First Solar (FSLR) is traded on Mexican Exchange in Mexico and employs 4,800 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 327.25 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate First Solar's market, we take the total number of its shares issued and multiply it by First Solar's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. First Solar operates under Technology sector and is part of Solar industry. The entity has 106.61 M outstanding shares.
First Solar has accumulated about 2.12 B in cash with 237.56 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 20.1.
Check First Solar Probability Of Bankruptcy
Ownership AllocationFirst Solar holds a total of 106.61 Million outstanding shares. The majority of First Solar outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in First Solar to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in First Solar. Please pay attention to any change in the institutional holdings of First Solar as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check First Ownership Details
First Stock Price Odds Analysis
Based on a normal probability distribution, the odds of First Solar jumping above the current price in 90 days from now is roughly 2.48%. The First Solar probability density function shows the probability of First Solar stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon First Solar has a beta of -0.4834. This usually indicates as returns on the benchmark increase, returns on holding First Solar are expected to decrease at a much lower rate. During a bear market, however, First Solar is likely to outperform the market. Additionally, first Solar has an alpha of 0.3528, implying that it can generate a 0.35 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of First Solar to move above the current price in 90 days from now is roughly 2.48 (This First Solar probability density function shows the probability of First Stock to fall within a particular range of prices over 90 days) .
First Solar Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing 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. Although First Solar's alpha and beta are two of the key measurements used to evaluate First Solar's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.68 | |||
| Semi Deviation | 1.72 | |||
| Standard Deviation | 2.4 | |||
| Variance | 5.76 |
First Stock Against Markets
Picking the right benchmark for First Solar stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Solar stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Solar is critical whether you are bullish or bearish towards First Solar at a given time. Please also check how First Solar's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in First Solar without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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First Solar Corporate Directors
First Solar corporate directors refer to members of a First Solar board of directors. The board of directors generally takes responsibility for the First Solar's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of First Solar's board members must vote for the resolution. The First Solar board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Michael Sweeney | Independent Director | Profile | |
| Richard Chapman | Independent Director | Profile | |
| Joel Presby | Independent Director | Profile | |
| Thomas Presby | Independent Director | Profile |
How to buy First Stock?
Before investing in First Solar, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in First Solar. To buy First Solar stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of First Solar. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase First Solar stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located First Solar stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased First Solar stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as First Solar, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy First Stock please use our How to Invest in First Solar guide.
Already Invested in First Solar?
The danger of trading First Solar is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Solar is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Solar. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Solar is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether First Solar is a strong investment it is important to analyze First Solar's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Solar's future performance. For an informed investment choice regarding First Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Solar. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy First Stock please use our How to Invest in First Solar guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary 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.
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