First Mining Gold Stock Technical Analysis
| FFMGF Stock | USD 0.30 -0.01 -3.23% |
Market data as of the 22nd of March shows First Mining priced at 0.30 per share. Measured indicators report Standard Deviation of 5.58, variance of 31.18, and Mean Deviation of 4.44. The model examines historical data series to identify measurable trend characteristics. At this level, volatility clustering becomes more pronounced. Technical levels are measured against peer distributions.
First Mining Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as First, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to FirstFirst |
What if' Analysis
Historical what-if analysis for First Mining Gold is useful because it converts abstract timing questions into a structured review of past performance under changing entry and holding periods. Current market capitalization is about 118.73 Million while enterprise value is near 112.88 Million. The point is not to predict the future from one chart, but to understand how sensitive the trade has been to timing and holding assumptions.
| 12/22/2025 |
| 03/22/2026 |
Had you placed 0.00 in First Mining on December 22, 2025 and held until today, you would realize 0.00 in total gains. The result is a 0.0% total return in First Mining for the period measured over 90 days. First Mining is grouped with peers such as Anglo Asian, Jaguar Mining, Sitka Gold, Thesis Gold, Heliostar Metals, and Emerita Resources based on business similarity. First Mining Gold Corp. develops and explores for gold projects More
Momentum Range Indicators for First Mining Overview
Upside and downside measures for First Mining frame directional pressure and range behavior. Figures are sourced from market data feeds and exchange records.
| Information Ratio | -0.05 | |||
| Maximum Drawdown | 25.97 | |||
| Value At Risk | -10.53 | |||
| Potential Upside | 9.09 |
First Mining Volatility and Risk Indicators Dashboard
This section presents risk metrics that describe First Mining's historical price variability. This view provides neutral context for risk and variability.| Risk Adjusted Performance | -0.04 | |||
| Jensen Alpha | -0.11 | |||
| Total Risk Alpha | 0.3263 | |||
| Treynor Ratio | -0.14 |
Mean reversion is the tendency of First Mining's price to return to its historical average after periods of extreme deviation. Some analysts monitor this tendency by comparing First Mining's price extremes to fundamental value.
Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.04 | |||
| Market Risk Adjusted Performance | -0.13 | |||
| Mean Deviation | 4.44 | |||
| Coefficient Of Variation | -1,604 | |||
| Standard Deviation | 5.58 | |||
| Variance | 31.18 | |||
| Information Ratio | -0.05 | |||
| Jensen Alpha | -0.11 | |||
| Total Risk Alpha | 0.3263 | |||
| Treynor Ratio | -0.14 | |||
| Maximum Drawdown | 25.97 | |||
| Value At Risk | -10.53 | |||
| Potential Upside | 9.09 | |||
| Skewness | -0.0013 | |||
| Kurtosis | -0.13 |
First Mining Gold Backtested Returns
First Mining currently shows a severely unstable volatility profile across the evaluation window. It maintains a Sharpe Ratio (Efficiency) of -0.0623, representing negative adjusted performance consistency. We identified twenty-four technical indicators influencing the company's volatility profile. Please assess metrics such as standard deviation of 5.58, variance of 31.18, and mean deviation of 4.44 to validate implied volatility levels. The company maintains a Beta of 2.51, which signifies elevated sensitivity to broad market movements. Market upswings tend to lift First Mining more than average, but downturns carry a proportionally larger impact on returns. At this point, First Mining Gold has a negative expected return of -0.35%.
Auto-correlation | -0.45 |
Modest reverse predictability
Comparing First Mining's price behavior from 22nd of December 2025 to 5th of February 2026 with the period from 5th of February 2026 to 22nd of March 2026 produces modest reverse predictability. The stronger the relationship between the current interval and its lagged values, the more accurately future price behavior of First Mining Gold may be projected. The coefficient of -0.45 links just about 45.0% of First Mining's present price action to its own historical movements. Given that First Mining Gold has negative autocorrelation for the selected time horizon, market participants may evaluate potential contrarian price behavior over comparable future intervals.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
This analysis reflects how First Mining behaves based on price and volume data. The dataset includes signals based on trend and relative strength.
Technical Analysis
This analysis covers thirty-seven data points across the selected time horizon. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of First Mining Gold volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of First Mining evaluates price structure, momentum, and volatility clustering. Support and resistance levels frame risk boundaries for observed price regimes. First Mining has a market cap of 118.73 M, ROE of -6.3%.
This section for First Mining Gold is built from periodic company reporting and market reference feeds, with harmonization applied to align reporting definitions. Values may update on different source schedules.
This content is curated and reviewed by:
Rifka Kats - Member of Macroaxis Editorial BoardFirst Mining Technical Indicators
Technical indicators tied to First Mining Gold help investors translate chart behavior into a more structured framework for entry, exit, and risk control. This is most useful when investors want to compare trend quality, momentum, and mean-reversion risk before acting.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.04 | |||
| Market Risk Adjusted Performance | -0.13 | |||
| Mean Deviation | 4.44 | |||
| Coefficient Of Variation | -1,604 | |||
| Standard Deviation | 5.58 | |||
| Variance | 31.18 | |||
| Information Ratio | -0.05 | |||
| Jensen Alpha | -0.11 | |||
| Total Risk Alpha | 0.3263 | |||
| Treynor Ratio | -0.14 | |||
| Maximum Drawdown | 25.97 | |||
| Value At Risk | -10.53 | |||
| Potential Upside | 9.09 | |||
| Skewness | -0.0013 | |||
| Kurtosis | -0.13 |
March 22, 2026 Daily Trend Indicators
Technical indicators tied to First Mining Gold help investors translate chart behavior into a more structured framework for entry, exit, and risk control. This is most useful when investors want to compare trend quality, momentum, and mean-reversion risk before acting.
| Accumulation Distribution | 0.06 | ||
| Daily Balance Of Power | -0.50 | ||
| Rate Of Daily Change | 0.97 | ||
| Day Median Price | 0.30 | ||
| Day Typical Price | 0.30 | ||
| Price Action Indicator | -0.01 | ||
| Market Facilitation Index | 0.02 |
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