First Quantum (Germany) Price on November 22, 2023
| IZ1 Stock | EUR 12.45 0.88 7.61% |
If you're considering investing in First Stock, it is important to understand the factors that can impact its price. As of today, the current price of First Quantum stands at 12.45, as last reported on the 23rd of December, with the highest price reaching 12.45 and the lowest price hitting 12.45 during the day. At this point, First Quantum is somewhat reliable. First Quantum Minerals secures Sharpe Ratio (or Efficiency) of 0.0339, which denotes the company had a 0.0339% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for First Quantum Minerals, which you can use to evaluate the volatility of the firm. Please confirm First Quantum's Coefficient Of Variation of 15057.75, downside deviation of 2.85, and Mean Deviation of 2.21 to check if the risk estimate we provide is consistent with the expected return of 0.11%.
First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = 0.0339
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | IZ1 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.19 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average First Quantum is performing at about 2% 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 Quantum by adding it to a well-diversified portfolio.
First Quantum Valuation on November 22, 2023
It is possible to determine the worth of First Quantum on a given historical date. On November 22, 2023 First was worth 9.42 at the beginning of the trading date compared to the closed value of 9.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of First Quantum stock. Still, in general, we apply an absolute valuation method to find First Quantum'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 Quantum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against First Quantum's related companies.
| Open | High | Low | Close | Volume | |
| 9.78 | 10.33 | 9.78 | 10.33 | 3,025 | |
11/22/2023 | 9.42 | 9.42 | 9.41 | 9.41 | 500.00 |
| 9.16 | 9.16 | 9.16 | 9.16 | 500.00 |
| Backtest First Quantum | | | First Quantum History | | | First Quantum Valuation | Previous | Next |
First Quantum Trading Date Momentum on November 22, 2023
| On November 23 2023 First Quantum Minerals was traded for 9.16 at the closing time. The highest daily price throughout the period was 9.16 and the lowest price was 9.16 . The daily volume was 500. The net trading volume on 11/23/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.66% . The overall trading delta to current closing price is 19.66% . |
First Quantum Minerals Fundamentals Correlations and Trends
By evaluating First Quantum'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 Quantum'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 Quantum Stock history
First Quantum 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 Quantum Minerals 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 Quantum stock prices may prove useful in developing a viable investing in First Quantum
First Quantum Minerals Ltd. engages in the exploration, development, and production of mineral properties. First Quantum Minerals Ltd. was founded in 1983 and is based in Vancouver, Canada. First Quantum is traded on Frankfurt Stock Exchange in Germany.
First Quantum Stock Technical Analysis
First Quantum 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 Quantum Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
First Quantum Minerals cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 Quantum December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how First Quantum 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 Quantum shares will generate the highest return on investment. By undertsting and applying First Quantum stock market strength indicators, traders can identify First Quantum Minerals entry and exit signals to maximize returns
First Quantum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for First Quantum'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 | 0.0127 | |||
| Jensen Alpha | 0.0058 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0536 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for First Stock analysis
When running First Quantum's price analysis, check to measure First Quantum'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 Quantum is operating at the current time. Most of First Quantum's value examination focuses on studying past and present price action to predict the probability of First Quantum'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 Quantum's price. Additionally, you may evaluate how the addition of First Quantum to your portfolios can decrease your overall portfolio volatility.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |