First Quantum Minerals Stock Technical Analysis
| FM Stock | CAD 32.99 0.56 1.73% |
As of the 16th of March 2026, First Quantum is marked at 32.99 per share. Recent trend indicators show Coefficient Of Variation of 8166.63, downside deviation of 3.97, and Mean Deviation of 2.36. Trend analytics rely on normalized volatility and volume metrics. Trend metrics are reviewed within historical sector ranges.
First Quantum 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 Quantum Minerals 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 26.86 Billion, enterprise value is near 33.92 Billion, and annual revenue is around 5.24 Billion. 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.
| 12/16/2025 |
| 03/16/2026 |
Starting with 0.00 in First Quantum on December 16, 2025 and exiting today would produce 0.00 in cumulative gains. The change equals a 0.0% net return in First Quantum on balance over a 90 day window. First Quantum competes with or is related to Lundin Mining, Lundin Gold, Ivanhoe Mines, Alamos Gold, HudBay Minerals, Pan American, and Teck Resources. The comparison helps frame competitive context. First Quantum Minerals Ltd. engages in the exploration, development, and production of mineral properties More
First Quantum Momentum Range Indicators Dashboard
These indicators describe how First Quantum momentum evolves across recent price ranges. The signals are presented as informational context for recent price movement.
| Downside Deviation | 3.97 | |||
| Information Ratio | 0.0231 | |||
| Maximum Drawdown | 14.74 | |||
| Value At Risk | -7.44 | |||
| Potential Upside | 5.0 |
First Quantum Volatility and Risk Indicators Signals
Risk measures here provide context on First Quantum's return distribution and drawdown behavior. This view provides neutral context for risk and variability.| Risk Adjusted Performance | 0.0173 | |||
| Jensen Alpha | 0.0898 | |||
| Total Risk Alpha | 0.2109 | |||
| Sortino Ratio | 0.0187 | |||
| Treynor Ratio | 0.0218 |
The degree to which First Quantum's exhibits mean reversion depends on how efficiently the market prices new information. In highly covered equities, the mean reversion window tends to be shorter.
Technical Indicators
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0173 | |||
| Market Risk Adjusted Performance | 0.0318 | |||
| Mean Deviation | 2.36 | |||
| Semi Deviation | 3.89 | |||
| Downside Deviation | 3.97 | |||
| Coefficient Of Variation | 8166.63 | |||
| Standard Deviation | 3.22 | |||
| Variance | 10.36 | |||
| Information Ratio | 0.0231 | |||
| Jensen Alpha | 0.0898 | |||
| Total Risk Alpha | 0.2109 | |||
| Sortino Ratio | 0.0187 | |||
| Treynor Ratio | 0.0218 | |||
| Maximum Drawdown | 14.74 | |||
| Value At Risk | -7.44 | |||
| Potential Upside | 5.0 | |||
| Downside Variance | 15.76 | |||
| Semi Variance | 15.13 | |||
| Expected Short fall | -2.09 | |||
| Skewness | -0.85 | |||
| Kurtosis | 0.8899 |
First Quantum Minerals Backtested Returns
First Quantum registers a low volatility profile across the specified investment window. It records an Efficiency (Sharpe) Ratio of close to zero, indicating risk-adjusted returns over the last 3 months. Volatility modeling revealed twenty-nine technical measures impacting risk exposure. Please evaluate metrics such as Coefficient Of Variation of 8166.63, downside deviation of 3.97, and mean deviation of 2.36 to validate implied downside exposure. The company owns a Beta (Systematic Risk) of 1.35, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, First Quantum will likely underperform. First Quantum Minerals right now owns a risk of 3.28%. Please confirm First Quantum the relationship between the skewness and day median price.
Auto-correlation | -0.27 |
Weak reverse predictability
First Quantum Minerals shows weak reverse predictability when comparing price series from 16th of December 2025 to 30th of January 2026 against from 30th of January 2026 to 16th of March 2026. A strong serial relationship would imply that First Quantum's recent trajectory contains information about its near-term direction. With a serial correlation of -0.27, nearly 27.0% of First Quantum's price variation is attributable to patterns in preceding intervals. Given that First Quantum Minerals has negative autocorrelation for the selected time horizon, market participants may evaluate potential contrarian price behavior over comparable future intervals.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 7.47 |
This technical analysis view for First Quantum focuses on price, volume, and trend behavior. Typical tools include moving averages, relative strength index, regressions, and price correlations.
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 Quantum Minerals volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of First Quantum evaluates price structure, momentum, and volatility clustering. Breakout confirmation often requires sustained volume and liquidity depth. First Quantum has a market cap of 26.86 B, P/E of 32.92, ROE of -0.56%.
Unless otherwise specified, data for First Quantum Minerals is compiled from periodic company reporting and market reference feeds and standardized for comparability. Updates may occur throughout the day.
This content is curated and reviewed by:
Raphi Shpitalnik - Junior Member of Macroaxis Editorial BoardFirst Quantum Technical Indicators
Technical analysis of First Quantum Minerals is useful because it helps investors judge whether the current trend still looks durable or is beginning to weaken. The practical goal is to improve execution quality rather than to suggest that charts alone can predict every move.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0173 | |||
| Market Risk Adjusted Performance | 0.0318 | |||
| Mean Deviation | 2.36 | |||
| Semi Deviation | 3.89 | |||
| Downside Deviation | 3.97 | |||
| Coefficient Of Variation | 8166.63 | |||
| Standard Deviation | 3.22 | |||
| Variance | 10.36 | |||
| Information Ratio | 0.0231 | |||
| Jensen Alpha | 0.0898 | |||
| Total Risk Alpha | 0.2109 | |||
| Sortino Ratio | 0.0187 | |||
| Treynor Ratio | 0.0218 | |||
| Maximum Drawdown | 14.74 | |||
| Value At Risk | -7.44 | |||
| Potential Upside | 5.0 | |||
| Downside Variance | 15.76 | |||
| Semi Variance | 15.13 | |||
| Expected Short fall | -2.09 | |||
| Skewness | -0.85 | |||
| Kurtosis | 0.8899 |
March 16, 2026 Daily Trend Indicators
Technical analysis of First Quantum Minerals is useful because it helps investors judge whether the current trend still looks durable or is beginning to weaken. The practical goal is to improve execution quality rather than to suggest that charts alone can predict every move.
| Accumulation Distribution | 76,506 | ||
| Daily Balance Of Power | 0.49 | ||
| Rate Of Daily Change | 1.02 | ||
| Day Median Price | 32.83 | ||
| Day Typical Price | 32.88 | ||
| Price Action Indicator | 0.44 |
More Resources for First Stock Analysis
Other Information on Investing in First Stock
First Quantum financial ratios help frame valuation context across profits, cash flow, and enterprise value. They help compare First across valuation measures.