First Stock Buy Hold or Sell Recommendation

AG -  USA Stock  

USD 16.18  0.22  1.34%

Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding First Majestic Silver is 'Hold'. Macroaxis provides First Majestic buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AG positions. The advice algorithm takes into account all of First Majestic's available fundamental, technical, and predictive indicators you will find on this site.

Search Advice 

 
Refresh
The advice is provided from First Majestic's buy-and-hold perspective. Please continue to First Majestic Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as First and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards First Majestic Silver.

Execute First Majestic Buy or Sell Advice

The First recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on First Majestic Silver. Macroaxis does not own or have any residual interests in First Majestic Silver or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute First Majestic's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell First MajesticBuy First Majestic
Hold

Volatility

Not too volatileDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds of Distress

Very LowDetails

Economic Sensitivity

Actively responds to the marketDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

StrongDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon First Majestic Silver has a Risk Adjusted Performance of 0.0096, Jensen Alpha of (0.06), Total Risk Alpha of (0.20), Sortino Ratio of (0.012568) and Treynor Ratio of (0.001152)
Our trade advice tool can cross-verify current analyst consensus on First Majestic Silver and to analyze the company potential to grow in the current economic cycle. To make sure First Majestic is not overpriced, please confirm all First Majestic Silver fundamentals, including its revenue, cash and equivalents, and the relationship between the price to book and ebitda . Given that First Majestic Silver has a number of shares shorted of 16.73 M, we urge you to verify First Majestic Silver market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

First Majestic Trading Alerts and Improvement Suggestions

First Majestic has very high historical volatility over the last 90 days
First Majestic is unlikely to experience financial distress in the next 2 years
First Majestic has a strong financial position based on the latest SEC filings
Latest headline from www.marketscreener.com: Ely Gold Reports First Majestic Silver Corp. Files NI 43-101 Technical Report on Jerritt Canyon Mine, Elko County, Nevada - marketscreener.com

First Majestic current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. First analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. First analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price9.54
Target Median Price8.66
Target High Price11.50
Recommendation Mean2.30
Number Of Analyst Opinions3
Target Low Price8.46
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

First Majestic Returns Distribution Density

The chart of the probability distribution of First Majestic stock daily returns describes the distribution of returns around its average expected value. We use First Majestic Silver' stock's Value At Risk and its Upside Potential as a relative measure of the distribution. The distribution of First Majestic returns is essential to provide solid investment advice for First Majestic stock.
Mean Return0.008071Value At Risk-5.19
Potential Upside5.46Standard Deviation3.33
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of First Majestic historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

First Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as First Majestic is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Majestic Silver backward and forwards among themselves. First Majestic's institutional investor refers to the entity that pools money to purchase First Majestic's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Van Eck Associates CorpCommon Shares21.9 M341 M
Vanguard Group IncCommon Shares5.7 M89.5 M
Etf Managers Group LlcCommon Shares5.1 M76 M
Susquehanna International Group LlpCommon Shares4.7 M73.8 M
Jupiter Asset Management LtdCommon Shares4.3 M67.1 M
Mirae Asset Global Investments Co LtdCommon Shares4.3 M66.8 M
Wolverine Asset Management LlcDebt27.5 M45.2 M
Susquehanna International Group LlpPut Options2.3 M36 M
Susquehanna International Group LlpCall Options2.2 M34.2 M
Condire Management LpCommon Shares2.1 M33 M
Note, although First Majestic's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

First Majestic Cash Flow Accounts

201620172018201920202021 (projected)
Capital Expenditure(62.46 M)(75.51 M)(111.31 M)(118.61 M)(111.97 M)(120.81 M)
Depreciation Amortization and Accretion80.35 M78.08 M94.52 M67.22 M56.28 M61.68 M
Net Cash Flow or Change in Cash and Cash Equivalents78.25 M(14.13 M)(58.34 M)110.77 M69.17 M74.63 M
Issuance Purchase of Equity Shares65.09 M5.74 M2.56 M98.58 M138.45 M149.38 M
Issuance Repayment of Debt Securities18.27 M(11.61 M)27.36 M(5.21 M)(17.68 M)(18.14 M)
Net Cash Flow from Financing44.83 M(8.65 M)25.44 M87.68 M116.57 M125.78 M
Net Cash Flow from Investing(66.59 M)(75.93 M)(117.04 M)(116.93 M)(127.11 M)(137.15 M)
Net Cash Flow from Operations100.01 M70.45 M33.26 M140.03 M79.71 M81.33 M
Effect of Exchange Rate Changes on Cash(221 K)3.22 M(2.79 M)1.23 M397 K428.34 K
Share Based Compensation4.4 M8.29 M7.38 M8.32 M8.26 M8.79 M

First Majestic Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to First Majestic or Basic Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that First Majestic stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a First stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.06
β
Beta against DOW1.67
σ
Overall volatility
3.33
Ir
Information ratio -0.01

First Majestic Volatility Alert

First Majestic Silver shows above-average downside volatility for the selected time horizon. We advise investors to inspect First Majestic Silver further and ensure that all market timing and asset allocation strategies are consistent with the estimation of First Majestic future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure First Majestic's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact First Majestic's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

First Majestic Fundamentals Vs Peers

Comparing First Majestic's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze First Majestic's direct or indirect competition across all of the common fundamentals between First Majestic and the related equities. This way, we can detect undervalued stocks with similar characteristics as First Majestic or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of First Majestic's fundamental indicators could also be used in its relative valuation, which is a method of valuing First Majestic by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare First Majestic to competition

First Majestic Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as First . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution467284.0
Daily Balance Of Power(0.35)
Rate Of Daily Change0.99
Day Median Price16.44
Day Typical Price16.35
Price Action Indicator(0.37)

About First Majestic Buy or Sell Advice

When is the right time to buy or sell First Majestic Silver? Buying stocks such as First Majestic isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although First Majestic investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2018 2019 2020 2021 (projected)
Current Assets166.27 M242.98 M356.05 M384.15 M
Total Assets926.11 M1.01 B1.24 B1.11 B

Use Investing Ideas to Build Portfolios

In addition to having First Majestic in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Entertainment Thematic Idea Now

Entertainment
Entertainment Theme
Companies from entertainment industry including show business, news and media. Entertainment theme has 30 constituents.
View All  Next Launch Entertainment
Please continue to First Majestic Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the First Majestic Silver information on this page should be used as a complementary analysis to other First Majestic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for First Majestic Stock analysis

When running First Majestic Silver 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 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.
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Shere Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
The market value of First Majestic Silver 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 Majestic's value that differs from its market value or its book value, called intrinsic value, which is First Majestic'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 Majestic's market value can be influenced by many factors that don't directly affect First Majestic Silver underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Majestic's value and its price as these two are different measures arrived at by different means. Investors typically determine First Majestic value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Majestic'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.