First Majestic Silver Stock Return On Equity

AG Stock  USD 5.88  0.30  5.38%   
First Majestic Silver fundamentals help investors to digest information that contributes to First Majestic's financial success or failures. It also enables traders to predict the movement of First Stock. The fundamental analysis module provides a way to measure First Majestic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to First Majestic stock.
The First Majestic's current Return On Equity is estimated to increase to -0.1.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

First Return On Equity Analysis

First Majestic's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

First Majestic Return On Equity

(0.0967)

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current First Majestic Return On Equity

    
  -0.0976  
Most of First Majestic's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, First Majestic Silver is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

First Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for First Majestic is extremely important. It helps to project a fair market value of First Stock properly, considering its historical fundamentals such as Return On Equity. Since First Majestic's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of First Majestic's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of First Majestic's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

First Total Stockholder Equity

Total Stockholder Equity

1.42 Billion

At this time, First Majestic's Total Stockholder Equity is most likely to increase significantly in the upcoming years.
Based on the latest financial disclosure, First Majestic Silver has a Return On Equity of -0.0976. This is 110.73% lower than that of the Metals & Mining sector and 98.19% lower than that of the Materials industry. The return on equity for all United States stocks is 68.52% lower than that of the firm.

First Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses First Majestic's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of First Majestic could also be used in its relative valuation, which is a method of valuing First Majestic by comparing valuation metrics of similar companies.
First Majestic is currently under evaluation in return on equity category among related companies.

First Fundamentals

About First Majestic Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze First Majestic Silver's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Majestic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Majestic Silver 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.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Return On Equity(0.10)(0.1)

First Majestic Investors Sentiment

The influence of First Majestic's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in First. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to First Majestic's public news can be used to forecast risks associated with an investment in First. The trend in average sentiment can be used to explain how an investor holding First can time the market purely based on public headlines and social activities around First Majestic Silver. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
First Majestic's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for First Majestic's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average First Majestic's news discussions. The higher the estimated score, the more favorable is the investor's outlook on First Majestic.

First Majestic Implied Volatility

    
  57.4  
First Majestic's implied volatility exposes the market's sentiment of First Majestic Silver stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if First Majestic's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that First Majestic stock will not fluctuate a lot when First Majestic's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards First Majestic in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, First Majestic's short interest history, or implied volatility extrapolated from First Majestic options trading.

Pair Trading with First Majestic

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if First Majestic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in First Majestic will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

  0.89AA Alcoa Corp Fiscal Quarter End 31st of March 2024 PairCorr

Moving against First Stock

  0.49EU EnCore Energy Corp Report 26th of April 2024 PairCorr
The ability to find closely correlated positions to First Majestic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Majestic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back First Majestic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling First Majestic Silver to buy it.
The correlation of First Majestic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as First Majestic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Majestic Silver moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for First Majestic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether First Majestic Silver is a strong investment it is important to analyze First Majestic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Majestic's future performance. For an informed investment choice regarding First Stock, refer to the following important reports:
Check out First Majestic Piotroski F Score and First Majestic Altman Z Score analysis.
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 Stocks Directory module to find actively traded stocks across global markets.

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.