First Quantum (Germany) Price on December 19, 2023
IZ1 Stock | EUR 11.57 0.18 1.53% |
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 11.57, as last reported on the 23rd of December, with the highest price reaching 11.57 and the lowest price hitting 11.57 during the day. First Quantum Minerals secures Sharpe Ratio (or Efficiency) of -0.0028, which denotes the company had a -0.0028% return per unit of risk over the last 3 months. First Quantum Minerals exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm First Quantum's Coefficient Of Variation of 15057.75, downside deviation of 2.85, and Mean Deviation of 2.21 to check the risk estimate we provide.
First Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
First |
Sharpe Ratio = -0.0028
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Estimated Market Risk
3.05 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average First Quantum is not performing at its full potential. However, 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 First Quantum to a well-diversified portfolio.
First Quantum Valuation on December 19, 2023
It is possible to determine the worth of First Quantum on a given historical date. On December 19, 2023 First was worth 7.07 at the beginning of the trading date compared to the closed value of 7.07. 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 | |
7.04 | 7.04 | 7.04 | 7.04 | 7,019 | |
12/19/2023 | 7.07 | 7.07 | 7.07 | 7.07 | 426.00 |
7.38 | 7.43 | 7.38 | 7.43 | 927.00 |
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First Quantum Trading Date Momentum on December 19, 2023
On December 20 2023 First Quantum Minerals was traded for 7.43 at the closing time. The highest daily price throughout the period was 7.43 and the lowest price was 7.38 . The daily volume was 927. The net trading volume on 12/20/2023 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 5.09% . The overall trading delta to current closing price is 5.94% . |
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 | 0.0022 | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | (0) | |||
Treynor Ratio | 0.0281 |
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Volume Indicators |
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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.
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