1st phase of Mexican solar project to be operating in April - MarketBeat
FSLR Stock | MXN 3,666 37.00 1.02% |
Slightly above 53% of First Solar's investor base is interested to short. The analysis of current outlook of investing in First Solar suggests that many traders are impartial regarding First Solar's prospects. First Solar's investing sentiment can be driven by a variety of factors including economic data, First Solar's earnings reports, geopolitical events, and overall market trends.
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1st phase of Mexican solar project to be operating in April MarketBeat
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First Solar Fundamental Analysis
We analyze First Solar's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Solar using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Solar based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
First Solar is rated below average in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
First Solar Potential Pair-trading
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 Solar stock to make a market-neutral strategy. Peer analysis of First Solar could also be used in its relative valuation, which is a method of valuing First Solar by comparing valuation metrics with similar companies.
Peers
First Solar Related Equities
LUV | Southwest Airlines | 3.77 | ||||
MNST | Monster Beverage | 1.62 | ||||
FSLR | First Solar | 1.02 | ||||
ALFAA | Alfa SAB | 0.20 | ||||
GPROFUT | Grupo Profuturo | 0.00 | ||||
KUOB | Grupo KUO | 0.00 | ||||
MAS | Masco | 0.00 | ||||
MUX | McEwen Mining | 0.00 | ||||
VLO | Valero Energy | 0.01 | ||||
ENPH | Enphase Energy, | 3.36 |
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.