First Solar (Mexico) Price on October 5, 2023
FSLR Stock | MXN 3,629 0.00 0.00% |
If you're considering investing in First Stock, it is important to understand the factors that can impact its price. As of today, the current price of First Solar stands at 3,629, as last reported on the 27th of December, with the highest price reaching 3,629 and the lowest price hitting 3,629 during the day. First Solar secures Sharpe Ratio (or Efficiency) of -0.14, which denotes the company had a -0.14% return per unit of risk over the last 3 months. First Solar exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Solar's Variance of 10.39, standard deviation of 3.22, and Mean Deviation of 2.31 to check the risk estimate we provide.
First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = -0.1352
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | FSLR |
Estimated Market Risk
3.26 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.44 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average First Solar is not performing at its full potential. However, 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 First Solar to a well-diversified portfolio.
First Solar Valuation on October 5, 2023
It is possible to determine the worth of First Solar on a given historical date. On October 5, 2023 First was worth 2730.0 at the beginning of the trading date compared to the closed value of 2730.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Solar stock. Still, in general, we apply an absolute valuation method to find First Solar's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of First Solar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Solar's related companies.
Open | High | Low | Close | Volume | |
2,735 | 2,735 | 2,720 | 2,730 | 133.00 | |
10/05/2023 | 2,730 | 2,730 | 2,730 | 2,730 | 1.00 |
2,730 | 2,730 | 2,730 | 2,730 | 1.00 |
Backtest First Solar | | | First Solar History | | | First Solar Valuation | Previous | Next |
First Solar Trading Date Momentum on October 5, 2023
On October 06 2023 First Solar was traded for 2,730 at the closing time. The highest price during the trading period was 2,730 and the lowest recorded bid was listed for 2,730 . There was no trading activity during the period 1.0. Lack of trading volume on October 6, 2023 did not affect price variability. The overall trading delta to the current price is 1.10% . |
First Solar Fundamentals Correlations and Trends
By evaluating First Solar's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among First Solar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. First financial account trend analysis is a perfect complement when working with valuation or volatility modules.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
First Solar, Inc. provides photovoltaic solar energy solutions in the United States and internationally. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona. FIRST SOLAR operates under Solar classification in Mexico and is traded on Mexico Stock Exchange. It employs 6400 people.
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
Low | December 27, 2024
| High |
0.00 | 0.00 |
First Solar cannot be verified against its exchange. Please verify the symbol is currently traded on Mexican Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
First Solar December 27, 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
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 | (0.07) | |||
Jensen Alpha | (0.35) | |||
Total Risk Alpha | (0.51) | |||
Treynor Ratio | (1.26) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Additional 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.