First Majestic Silver Stock Price on October 3, 2024
| AG Stock | 8.68 0.02 0.23% |
Below is the normalized historical share price chart for First Majestic Silver extending back to May 22, 1981. 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 8.68, as last reported on the 30th of November, with the highest price reaching 8.83 and the lowest price hitting 8.54 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 0.0975, which denotes the company had a 0.0975% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for First Majestic Silver, which you can use to evaluate the volatility of the firm. Please utilize First Majestic's Coefficient Of Variation of 1293.04, mean deviation of 2.86, and Downside Deviation of 3.11 to check if our risk estimates are consistent with your expectations.
At this time, First Majestic's Total Stockholder Equity is very stable compared to the past year. As of the 30th of November 2024, Common Stock Shares Outstanding is likely to grow to about 296.4 M, while Common Stock is likely to drop about 1 B. . At this time, First Majestic's Price Book Value Ratio is very stable compared to the past year. As of the 30th of November 2024, Price To Operating Cash Flows Ratio is likely to grow to 32.07, while Price To Sales Ratio is likely to drop 2.80. First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 8.546 | 50 Day MA 9.1932 | Beta 1.387 |
First |
Sharpe Ratio = 0.0975
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | AG | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.95 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average First Majestic is performing at about 7% 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 1.3575 | Enterprise Value Ebitda 21.7706 | Price Sales 4.9871 | Shares Float 296.9 M | Dividend Share 0.018 |
First Majestic Valuation on October 3, 2024
It is possible to determine the worth of First Majestic on a given historical date. On October 3, 2024 First was worth 8.44 at the beginning of the trading date compared to the closed value of 8.62. 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 | |
| 8.34 | 8.65 | 8.33 | 8.59 | 984,937 | |
10/03/2024 | 8.44 | 8.62 | 8.38 | 8.62 | 859,957 |
| 8.63 | 9.15 | 8.61 | 8.65 | 1,017,706 |
| Backtest First Majestic | | | First Majestic History | | | First Majestic Valuation | Previous | Next |
First Majestic Trading Date Momentum on October 3, 2024
| On October 04 2024 First Majestic Silver was traded for 8.65 at the closing time. The highest daily price throughout the period was 9.15 and the lowest price was 8.61 . The daily volume was 1 M. The net trading volume on 10/04/2024 added to the next day price boost. The overall trading delta to closing price of the next trading day was 0.35% . The overall trading delta to current closing price is 3.60% . |
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 |
First Majestic Quarterly Net Working Capital |
|
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 | November 30, 2024
| High |
0.00 | 0.00 |
First Majestic Silver cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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 Majestic November 30, 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
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 | 0.0672 | |||
| Jensen Alpha | 0.1546 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.0533 | |||
| Treynor Ratio | 0.2699 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| 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 closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.