First Majestic Silver Stock Price on December 31, 2022
| AG Stock | USD 6.93 0.11 1.56% |
Below is the normalized historical share price chart for First Majestic Silver extending back to December 15, 2010. 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 Majestic stands at 6.93, as last reported on the 29th of April, with the highest price reaching 7.11 and the lowest price hitting 6.74 during the day.
If you're considering investing in First Stock, it is important to understand the factors that can impact its price. First Majestic appears to be slightly risky, given 3 months investment horizon. First Majestic Silver secures Sharpe Ratio (or Efficiency) of 0.18, which denotes the company had a 0.18% return per unit of risk over the last 3 months. By reviewing First Majestic's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please utilize First Majestic's Downside Deviation of 3.17, coefficient of variation of 595.19, and Mean Deviation of 2.81 to check if our risk estimates are consistent with your expectations.
At this time, First Majestic's Liabilities And Stockholders Equity is most likely to increase significantly in the upcoming years. The First Majestic's current Common Stock Total Equity is estimated to increase to about 1.3 B, while Capital Stock is projected to decrease to roughly 1.5 B. . At this time, First Majestic's Price To Book Ratio is most likely to decrease significantly in the upcoming years. The First Majestic's current Price Cash Flow Ratio is estimated to increase to 58.11, while Price Earnings Ratio is projected to decrease to (13.25). First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of December 2010 | 200 Day MA 5.6518 | 50 Day MA 5.9176 | Beta 1.365 |
First |
Sharpe Ratio = 0.1803
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| Small Returns | AG | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.87 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average First Majestic is performing at about 14% 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.
Price Book 1.59 | Enterprise Value Ebitda (41.18) | Price Sales 3.7912 | Shares Float 280.6 M | Dividend Share 0.02 |
First Majestic Valuation on December 31, 2022
It is possible to determine the worth of First Majestic on a given historical date. On December 31, 2022 First was worth 8.4 at the beginning of the trading date compared to the closed value of 8.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Majestic stock. Still, in general, we apply an absolute valuation method to find First Majestic'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 Majestic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Majestic's related companies.
| Open | High | Low | Close | Volume | |
| 8.68 | 8.71 | 8.40 | 8.40 | 5,319,307 | |
12/30/2022 | 8.40 | 8.46 | 8.22 | 8.30 | 3,976,395 |
| 8.57 | 8.88 | 8.34 | 8.37 | 5,989,991 |
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First Majestic Trading Date Momentum on December 31, 2022
| On January 03 2023 First Majestic Silver was traded for 8.37 at the closing time. The highest price during the trading period was 8.88 and the lowest recorded bid was listed for 8.34 . The volume for the day was 6 M. This history from January 3, 2023 contributed to the next trading day price rise. The overall trading delta to the next closing price was 0.84% . The overall trading delta to the current price is 8.55% . |
First Majestic Silver Fundamentals Correlations and Trends
By evaluating First Majestic'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 Majestic'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 Majestic Stock history
First Majestic 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 Majestic Silver 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 Majestic stock prices may prove useful in developing a viable investing in First Majestic
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 282.3 M | 296.4 M | |
| Net Loss | -102.8 M | -97.7 M |
First Majestic Quarterly Net Working Capital |
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First Majestic Stock Technical Analysis
First Majestic 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 Majestic Period Price Range
Low | December 30, 2022
| High |
8.40 | 8.30 |
First Majestic April 29, 2024 Market Strength
Market strength 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 undertsting and applying First Majestic stock market strength indicators, traders can identify First Majestic Silver entry and exit signals to maximize returns
| Accumulation Distribution | 112806.0 | |||
| Daily Balance Of Power | (0.42) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 8.34 | |||
| Day Typical Price | 8.33 | |||
| Price Action Indicator | (0.09) | |||
| Period Momentum Indicator | (1.37) |
First Majestic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Majestic'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 | 0.1132 | |||
| Jensen Alpha | 0.4218 | |||
| Total Risk Alpha | 0.1491 | |||
| Sortino Ratio | 0.1773 | |||
| Treynor Ratio | 0.2315 |
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities 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 price. 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine 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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Is First Majestic'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 Majestic. 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 Majestic 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 2.359 | Dividend Share 0.02 | Earnings Share (0.48) | Revenue Per Share 2.032 | Quarterly Revenue Growth (0.08) |
The market value of First Majestic Silver 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 Majestic's value that differs from its market value or its book value, called intrinsic value, which is First Majestic'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 Majestic's market value can be influenced by many factors that don't directly affect First Majestic'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 Majestic's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Majestic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Majestic'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.