First Solar Stock Forecast - Day Median Price
| FSLR Stock | USD 174.29 3.72 2.09% |
First Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast First Solar stock prices and determine the direction of First Solar's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of First Solar's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of First Solar to cross-verify your projections. First |
Most investors in First Solar cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the First Solar's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets First Solar's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 176.13 | 176.13 |
| Check First Solar Volatility | Backtest First Solar | Information Ratio |
First Solar Trading Date Momentum
| On April 19 2024 First Solar was traded for 174.29 at the closing time. The top price for the day was 179.07 and the lowest listed price was 173.19 . There was no trading activity during the period 0.0. Lack of trading volume on April 19, 2024 did not affect price variability. The overall trading delta against the current closing price is 2.40% . |
The median price is the midpoint of the trading periods range.
| Compare First Solar to competition |
Other Forecasting Options for First Solar
For every potential investor in First, whether a beginner or expert, First Solar's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. First Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in First. Basic forecasting techniques help filter out the noise by identifying First Solar's price trends.First Solar Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with First Solar stock to make a market-neutral strategy. Peer analysis of First Solar could also be used in its relative valuation, which is a method of valuing First Solar by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
First Solar Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of First Solar's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of First Solar's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
First Solar Market Strength Events
Market strength 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 undertsting and applying First Solar stock market strength indicators, traders can identify First Solar entry and exit signals to maximize returns.
| Accumulation Distribution | 0.0328 | |||
| Daily Balance Of Power | (0.63) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 176.13 | |||
| Day Typical Price | 175.52 | |||
| Market Facilitation Index | 5.88 | |||
| Price Action Indicator | (3.70) | |||
| Period Momentum Indicator | (3.72) | |||
| Relative Strength Index | 53.41 |
First Solar Risk Indicators
The analysis of First Solar's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in First Solar's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting first stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.87 | |||
| Semi Deviation | 2.04 | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.05 | |||
| Downside Variance | 4.93 | |||
| Semi Variance | 4.16 | |||
| Expected Short fall | (2.05) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of First Solar to cross-verify your projections. To learn how to invest in First Stock, please use our How to Invest in First Solar guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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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Is First Solar's industry 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 Solar. 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 Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of First Solar 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 Solar's value that differs from its market value or its book value, called intrinsic value, which is First Solar'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 Solar's market value can be influenced by many factors that don't directly affect First Solar'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 Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Solar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Solar'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.