First Majestic Silver Stock Alpha and Beta Analysis
| AG Stock | USD 7.49 0.03 0.40% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as First Majestic Silver. It also helps investors analyze the systematic and unsystematic risks associated with investing in First Majestic over a specified time horizon. Remember, high First Majestic's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to First Majestic's market risk premium analysis include:
Beta 3.22 | Alpha 0.37 | Risk 3.8 | Sharpe Ratio 0.22 | Expected Return 0.82 |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
First |
First Majestic Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. First Majestic market risk premium is the additional return an investor will receive from holding First Majestic long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Majestic. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate First Majestic's performance over market.| α | 0.37 | β | 3.22 |
First Majestic expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of First Majestic's Buy-and-hold return. Our buy-and-hold chart shows how First Majestic performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.First Majestic Market Price Analysis
Market price analysis 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 understating and applying First Majestic stock market price indicators, traders can identify First Majestic position entry and exit signals to maximize returns.
First Majestic Return and Market Media
The median price of First Majestic for the period between Wed, Jan 17, 2024 and Tue, Apr 16, 2024 is 4.99 with a coefficient of variation of 19.64. The daily time series for the period is distributed with a sample standard deviation of 1.05, arithmetic mean of 5.37, and mean deviation of 0.77. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | First Majestic Silver Reaches New 52-Week Low at 4.27 - MarketBeat | 02/13/2024 |
2 | First Majestic Q4 Earnings Top Estimates, Revenues Dip YY | 02/26/2024 |
3 | First Majestic Silver Given New C7.50 Price Target at BMO Capital Markets | 03/01/2024 |
4 | First Majestic Silver Shares Gap Up to 4.99 | 03/05/2024 |
5 | First Majestic Silver Corp. to Issue Quarterly Dividend of 0.01 | 03/12/2024 |
6 | FIRST MAJESTIC SILVER CORP COM NPV Trade Ideas LSIN0QYC TradingView - TradingView | 03/21/2024 |
| First Majestic dividend paid on 28th of March 2024 | 03/28/2024 |
7 | First Majestic Announces 2023 Mineral Reserve and Mineral Resource Estimates | 04/01/2024 |
8 | Whats Driving First Majestic Silver Corps Surprising 24 percent Stock Rally | 04/03/2024 |
9 | The top ranked Silver Miner stocks - Roth MKM | 04/08/2024 |
10 | First Majestic Silver Shares Gap Down to 8.07 - MarketBeat | 04/10/2024 |
11 | Raymond James Associates Has 2.85 Million Stake in First Majestic Silver Corp. - Defense World | 04/15/2024 |
About First Majestic Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including First or other stocks. Alpha measures the amount that position in First Majestic Silver has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.001445 | 0.003129 | 0.003442 | 0.004501 | Price To Sales Ratio | 4.63 | 3.5 | 2.97 | 2.82 |
First Majestic Upcoming Company Events
As portrayed in its financial statements, the presentation of First Majestic's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Majestic's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of First Majestic's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of First Majestic. Please utilize our Beneish M Score to check the likelihood of First Majestic's management manipulating its earnings.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with First Majestic
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Align your risk with return expectations
Check out First Majestic Backtesting, First Majestic Valuation, First Majestic Correlation, First Majestic Hype Analysis, First Majestic Volatility, First Majestic History and analyze First Majestic Performance. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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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