First Majestic Stock Forecast - Relative Strength Index
| AG Stock | USD 7.64 0.34 4.26% |
First Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast First Majestic stock prices and determine the direction of First Majestic Silver's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of First Majestic's historical fundamentals, such as revenue growth or operating cash flow patterns. Although First Majestic's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of First Majestic's systematic risk associated with finding meaningful patterns of First Majestic fundamentals over time.
Check out Historical Fundamental Analysis of First Majestic to cross-verify your projections. First |
Open Interest Against 2024-05-24 First Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast First Majestic's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in First Majestic's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for First Majestic stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current First Majestic's open interest, investors have to compare it to First Majestic's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of First Majestic is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in First. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in First Majestic 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 Majestic's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets First Majestic's price structures and extracts relationships that further increase the generated results' accuracy.
| Check First Majestic Volatility | Backtest First Majestic | Trend Details |
First Majestic Trading Date Momentum
| On March 07 2024 First Majestic Silver was traded for 5.30 at the closing time. The highest price during the trading period was 5.33 and the lowest recorded bid was listed for 5.10 . The volume for the day was 7.4 M. This history from March 7, 2024 contributed to the next trading day price rise. The overall trading delta to the next closing price was 4.13% . The overall trading delta to the current price is 4.52% . |
| Compare First Majestic to competition |
Other Forecasting Options for First Majestic
For every potential investor in First, whether a beginner or expert, First Majestic'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 Majestic's price trends.First Majestic 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 Majestic stock to make a market-neutral strategy. Peer analysis of First Majestic could also be used in its relative valuation, which is a method of valuing First Majestic by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
First Majestic Silver 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 Majestic'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 Majestic's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
First Majestic Market Strength Events
Market strength indicators help investors to evaluate how First Majestic 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 Majestic shares will generate the highest return on investment. By undertsting and applying First Majestic stock market strength indicators, traders can identify First Majestic Silver entry and exit signals to maximize returns.
First Majestic Risk Indicators
The analysis of First Majestic'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 Majestic'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 | 2.76 | |||
| Semi Deviation | 2.18 | |||
| Standard Deviation | 3.71 | |||
| Variance | 13.76 | |||
| Downside Variance | 7.14 | |||
| Semi Variance | 4.74 | |||
| Expected Short fall | (3.74) |
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.
Currently Active Assets on Macroaxis
When determining whether First Majestic Silver is a strong investment it is important to analyze First Majestic'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 Majestic's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:Check out Historical Fundamental Analysis of First Majestic to cross-verify your projections. 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 the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for First Stock analysis
When running First Majestic's 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 the 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.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |
Is First Majestic'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 Majestic. 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 Majestic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.359 | Dividend Share 0.018 | Earnings Share (0.15) | Revenue Per Share 1.831 | Quarterly Revenue Growth (0.33) |
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'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 Majestic's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Majestic is a good investment 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.