First Solar Stock Price on November 21, 2018
FSLR Stock | USD 177.48 2.62 1.45% |
Below is the normalized historical share price chart for First Solar extending back to November 17, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of First Solar stands at 177.48, as last reported on the 25th of April, with the highest price reaching 183.78 and the lowest price hitting 174.93 during the day.
If you're considering investing in First Stock, it is important to understand the factors that can impact its price. First Solar appears to be very steady, given 3 months investment horizon. First Solar secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First Solar, which you can use to evaluate the volatility of the firm. Please utilize First Solar's Downside Deviation of 2.22, coefficient of variation of 698.37, and Mean Deviation of 1.85 to check if our risk estimates are consistent with your expectations.
As of 04/25/2024, Stock Based Compensation To Revenue is likely to grow to 0.01, while Total Stockholder Equity is likely to drop slightly above 3.8 B. . At this time, First Solar's Price Earnings Ratio is relatively stable compared to the past year. As of 04/25/2024, Price Book Value Ratio is likely to grow to 4.35, though Price Earnings To Growth Ratio is likely to grow to (0.01). First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of November 2006 | 200 Day MA 165.0884 | 50 Day MA 161.9472 | Beta 1.396 |
First |
Sharpe Ratio = 0.1311
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Estimated Market Risk
2.48 actual daily | 21 79% of assets are more volatile |
Expected Return
0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average First Solar is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of First Solar by adding it to a well-diversified portfolio.
Price Book 2.9207 | Enterprise Value Ebitda 14.8931 | Price Sales 5.8857 | Shares Float 100.6 M | Wall Street Target Price 226 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About First Solar Stock history
First Solar investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for First is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in First Solar will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing First Solar stock prices may prove useful in developing a viable investing in First Solar
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 107.4 M | 93 M | |
Net Loss | -39.7 M | -37.8 M |
First Solar Quarterly Net Working Capital |
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First Solar Stock Technical Analysis
First Solar technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
First Solar Period Price Range
First Solar April 25, 2024 Market Strength
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 | 100390.0 | |||
Daily Balance Of Power | (0.30) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 179.36 | |||
Day Typical Price | 178.73 | |||
Price Action Indicator | (3.19) | |||
Period Momentum Indicator | (2.62) | |||
Relative Strength Index | 82.76 |
First Solar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Solar's price direction in advance. Along with the technical and fundamental analysis of First Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of First to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0967 | |||
Jensen Alpha | 0.2076 | |||
Total Risk Alpha | 0.0055 | |||
Sortino Ratio | 0.1138 | |||
Treynor Ratio | 0.221 |
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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 bureau of economic analysis. To learn how to invest in First Stock, please use our How to Invest in First Solar guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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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.
Quarterly Earnings Growth 2.058 | Earnings Share 7.74 | Revenue Per Share 31.075 | Quarterly Revenue Growth 0.156 | Return On Assets 0.0595 |
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.