First Majestic Silver Stock Performance
| FR Stock | CAD 9.31 0.31 3.44% |
On a scale of 0 to 100, First Majestic holds a performance score of 13. The firm shows a Beta (market volatility) of 2.43, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, First Majestic will likely underperform. Please check First Majestic's skewness, and the relationship between the value at risk and day median price , to make a quick decision on whether First Majestic's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in First Majestic Silver are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of very abnormal basic indicators, First Majestic displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0028 | Payout Ratio 0.0673 | Last Split Factor 1:10 | Forward Dividend Rate 0.03 | Dividend Date 2024-03-28 |
1 | Is First Majestic Silver Corp Stock at the Top of the Silver Industry - InvestorsObserver | 02/22/2024 |
2 | Analysts Issue Forecasts for First Majestic Silver Corp.s FY2024 Earnings - AmericanBankingNEWS | 02/27/2024 |
3 | First Majestic Silver Share Price Passes Below Two Hundred Day Moving Average of 7.20 - MarketBeat | 03/14/2024 |
4 | Stocks In Play First Majestic Silver Corp. - Barchart | 03/26/2024 |
5 | First Majestic Announces 2023 Mineral Reserve and Mineral Resource Estimates - Marketscreener.com | 04/01/2024 |
6 | First Majestic Silver Stock Watch for Surprises as Inflation Rises - TipRanks.com - TipRanks | 04/10/2024 |
7 | First Majestic Silver Shares Gap Down to 6.73 - MarketBeat | 04/22/2024 |
| Begin Period Cash Flow | 148.8 M |
First |
First Majestic Relative Risk vs. Return Landscape
If you would invest 652.00 in First Majestic Silver on January 26, 2024 and sell it today you would earn a total of 279.00 from holding First Majestic Silver or generate 42.79% return on investment over 90 days. First Majestic Silver is currently producing 0.6452% returns and takes up 3.7931% volatility of returns over 90 trading days. Put another way, 33% of traded stocks are less volatile than First, and 88% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
First Majestic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for First Majestic's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as First Majestic Silver, and traders can use it to determine the average amount a First Majestic's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1701
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.79 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.65 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average First Majestic is performing at about 13% 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 Majestic by adding it to a well-diversified portfolio.
First Majestic Fundamentals Growth
First Stock prices reflect investors' perceptions of the future prospects and financial health of First Majestic, and First Majestic fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on First Stock performance.
| Return On Equity | -0.0976 | ||||
| Return On Asset | -0.0424 | ||||
| Profit Margin | (0.24) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 2.74 B | ||||
| Shares Outstanding | 287.25 M | ||||
| Price To Earning | 244.64 X | ||||
| Price To Book | 1.60 X | ||||
| Price To Sales | 5.19 X | ||||
| Revenue | 576.38 M | ||||
| Gross Profit | 140.6 M | ||||
| EBITDA | (14.36 M) | ||||
| Net Income | (135.11 M) | ||||
| Cash And Equivalents | 100.94 M | ||||
| Cash Per Share | 0.50 X | ||||
| Total Debt | 426 K | ||||
| Debt To Equity | 25.10 % | ||||
| Current Ratio | 3.13 X | ||||
| Book Value Per Share | 4.73 X | ||||
| Cash Flow From Operations | 20.93 M | ||||
| Earnings Per Share | (0.66) X | ||||
| Market Capitalization | 2.67 B | ||||
| Total Asset | 1.98 B | ||||
| Retained Earnings | (609.88 M) | ||||
| Working Capital | 188.92 M | ||||
About First Majestic Performance
To evaluate First Majestic Silver Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when First Majestic generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare First Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand First Majestic Silver market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents First's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 42.21 | 51.27 | |
| Return On Tangible Assets | (0.07) | (0.07) | |
| Return On Capital Employed | (0.1) | (0.09) | |
| Return On Assets | (0.07) | (0.07) | |
| Return On Equity | (0.1) | (0.09) |
Things to note about First Majestic Silver performance evaluation
Checking the ongoing alerts about First Majestic for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for First Majestic Silver help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| First Majestic appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 576.38 M. Net Loss for the year was (135.11 M) with profit before overhead, payroll, taxes, and interest of 140.6 M. | |
| Latest headline from news.google.com: First Majestic Silver Shares Gap Down to 6.73 - MarketBeat |
- Analyzing First Majestic's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether First Majestic's stock is overvalued or undervalued compared to its peers.
- Examining First Majestic's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating First Majestic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of First Majestic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of First Majestic's stock. These opinions can provide insight into First Majestic's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Majestic Silver. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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.
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