First Solar Stock Volatility
| FSLR Stock | USD 199.58 -0.07 -0.04% |
First Solar keeps a minimal volatility profile over the selected analytical period. First Solar posts a Sharpe Ratio (Efficiency) of -0.15, implying poor risk-adjusted performance over the last 3 months. There are 21 technical indicators affecting the current volatility pattern.
Sharpe Ratio = -0.1498
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | FSLR |
First Solar reported a Market Risk Adjusted Performance of -0.7%, a Risk of 3.46, and a Risk Adjusted Performance of -0.1%. Based on monthly moving average, First Solar is not realizing its theoretical return maximum. Placing it within a well-diversified portfolio can reduce volatility and improve returns.
Key indicators related to First Solar's volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Comparing First Solar's current volatility against its historical average surfaces whether First Solar is in a period of elevated or suppressed risk. Elevated volatility often coincides with uncertainty about earnings, regulatory changes, or macro conditions.
Volatility Strategy
First Solar fluctuations may alter downside contribution within diversified portfolios. Current statistical measures show total volatility near 3.46% with a beta coefficient of 0.45, indicating sensitivity relative to the broader market benchmark. Risk-adjusted efficiency, represented by a Sharpe ratio of -0.15, evaluates return per unit of total risk. An alpha value of -0.28 reflects performance relative to systematic market exposure. Expected return estimates near -0.52% are derived from historical distribution modeling and help frame forward-looking return assumptions within a portfolio context. Valuation adjustments may drive price swings.
Main indicators related to First Solar's market risk premium analysis include:
Beta 0.45 | Alpha -0.28 | Risk 3.46 | Sharpe Ratio -0.15 | Expected Return -0.52 |
Moving together with First Stock
Moving against First Stock
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| 0.84 | AVIR | Atea Pharmaceuticals | PairCorr |
| 0.8 | TYGO | Tigo Energy Tech Boost | PairCorr |
| 0.77 | DTNOY | DNO ASA ADR | PairCorr |
| 0.75 | KO | Coca Cola | PairCorr |
| 0.73 | BESI | BE Semiconductor | PairCorr |
| 0.68 | ASM | ASM International | PairCorr |
| 0.59 | MRBK | Meridian Bank | PairCorr |
| 0.56 | INTC | Intel Aggressive Push | PairCorr |
Sensitivity To Market
Market sensitivity for First Solar is expressed through a beta of 0.45, based on regression between asset returns and market returns. Total price dispersion is near 3.46%.First Solar price movement reflects recent variability that can be tracked through standard deviation (3.49%) and downside deviation (0.0%). Options markets imply a forward-looking volatility estimate near 63.0%. This suggests the market is pricing in the possibility of wider future price swings compared to recent historical dispersion. Equity volatility can rise when analyst revisions or guidance changes shift expectations quickly.
3 Months Beta |Analyze First Solar Demand TrendCheck current 90 days First Solar correlation with market (Dow Jones Industrial)Downside Risk
Standard deviation is the primary measure of First daily price volatility relative to its mean over a specified period. High values reflect high volatility; low values reflect a stable price pattern.
Standard Deviation | 3.46 |
An important distinction for First Solar investors is between standard deviation (total volatility, including upside) and downside deviation, which measures only the risk of loss in First Solar's returns. First Solar reported a Maximum Drawdown of 20.20.
Using First Put Option to Manage Risk Based on 2026-06-18 Contracts
First Solar reported an Option Implied Volatility of 0.63 and an Option Max Pain Price of 185. Protective puts on First Solar are a straightforward way to manage downside risk. By purchasing a put on First Stock, an investor guarantees a minimum exit price for First Solar during the option period.
First Solar's PUT expiring on 2026-06-18
Profit |
| First Solar Price At Expiration |
Current First Solar Insurance Chain
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | FSLR260618P00065000 | -0.011881 | 2.76E-4 | 18 | 2026-06-18 | 0.02 - 1.1 | 0.0 | View |
Put | FSLR260618P00070000 | -0.031505 | 5.18E-4 | 18 | 2026-06-18 | 0.0 - 2.21 | 0.0 | View |
Put | FSLR260618P00075000 | -0.033995 | 5.84E-4 | 15 | 2026-06-18 | 0.0 - 2.24 | 0.0 | View |
Put | FSLR260618P00080000 | -0.02271 | 5.18E-4 | 143 | 2026-06-18 | 0.0 - 1.07 | 0.0 | View |
Put | FSLR260618P00085000 | -0.039788 | 7.43E-4 | 20 | 2026-06-18 | 0.0 - 2.34 | 0.0 | View |
Put | FSLR260618P00090000 | -0.039631 | 8.08E-4 | 214 | 2026-06-18 | 0.0 - 2.09 | 0.0 | View |
Put | FSLR260618P00095000 | -0.047002 | 9.45E-4 | 80 | 2026-06-18 | 0.0 - 2.5 | 0.0 | View |
Put | FSLR260618P00100000 | -0.051452 | 0.001067 | 538 | 2026-06-18 | 0.0 - 2.62 | 0.0 | View |
Put | FSLR260618P00105000 | -0.039479 | 0.001041 | 35 | 2026-06-18 | 0.0 - 1.53 | 0.0 | View |
Put | FSLR260618P00110000 | -0.062342 | 0.001364 | 97 | 2026-06-18 | 0.0 - 2.94 | 0.0 | View |
Put | FSLR260618P00115000 | -0.069638 | 0.001548 | 48 | 2026-06-18 | 0.0 - 3.2 | 0.0 | View |
Stock Volatility Analysis
Tracking First Solar volatility helps market participants understand the degree of price uncertainty. Sharp price swings in First Solar's stock often accompany major news events, earnings announcements, or macro shifts.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. First Solar Average Price is the average of the sum of open, high, low and close daily prices of a bar. It can be used to smooth an indicator that normally takes just the closing price as input.
Projected Return Density Against Market
Given the investment horizon of 90 days First Solar has a beta of 0.4458 . This usually indicates as returns on the market go up, First Solar's average returns are expected to increase less than the benchmark. However, during a bear market, the loss from holding First Solar is expected to be smaller as well.First Solar combines broad market sensitivity with company or sector-specific developments. Diversification may lower asset-specific risk, but systematic volatility remains inherent. First Solar reported a Mean Deviation of 2.37, an Option Implied Volatility of 0.63, and a Standard Deviation of 3.49.
Predicted Return Density |
| Returns |
What Drives First Solar's Price Volatility?
Several factors can influence First Solar's market volatility:Industry Dynamics
Sector-level events can directly affect First Solar's price stability. Regulatory changes, supply disruptions, or shifts in demand within First Solar's industry may create volatility even when the broader market is calm. Competitive dynamics and industry consolidation can also amplify price swings for companies like First Solar.Political and Economic Environment
Macroeconomic conditions and policy decisions shape the backdrop for First Solar's price movements. Interest rate changes, trade policy shifts, and fiscal legislation can all alter investor sentiment toward First Solar. During periods of economic expansion, First Solar's price tends to benefit from broader market optimism, while downturns can amplify selling pressure.First Solar's Company-Specific Factors
Volatility can also stem from events unique to First Solar. Earnings surprises, management changes, product launches, or legal developments may trigger sharp price reactions in First Solar's stock. Conversely, operational setbacks, guidance revisions, or data breaches can weigh on First Solar's share price.Stock Risk Measures
Given the investment horizon of 90 days the coefficient of variation of First Solar is -667.76. The daily returns are distributed with a variance of 11.99 and standard deviation of 3.46. The mean deviation of First Solar is currently at 2.32. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.79
α | Alpha over Dow Jones | -0.2788 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 3.46 | |
Ir | Information ratio | -0.0664 |
Stock Return Volatility
Volatility for First Solar quantifies the day-to-day dispersion of stock returns around their historical average. The company carries 3.4628% return volatility across the 90-day horizon. As a benchmark, Dow Jones Industrial has volatility of 0.8239% on return distribution over a 90-day investment horizon. Performance |
| Timeline |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
First Solar Company may look attractive on headline returns alone, but deeper analysis often tells a different story. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze First Solar's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CVE | 1.96 | 0.55 | 0.27 | 1.83 | 1.94 | 4.51 | 9.12 | |||
| WDS | 1.60 | 0.52 | 0.35 | -1.31 | 1.50 | 3.48 | 7.13 | |||
| NXT | 2.87 | 0.69 | 0.19 | 0.30 | 2.88 | 6.51 | 21.56 | |||
| TRGP | 1.28 | 0.44 | 0.34 | 1.74 | 1.10 | 3.03 | 6.41 | |||
| CQP | 1.00 | 0.38 | 0.43 | 9.52 | 0.70 | 2.84 | 6.06 | |||
| EXE | 1.70 | -0.10 | 0.00 | 3.39 | 0.00 | 4.05 | 11.33 | |||
| HAL | 1.73 | 0.50 | 0.27 | 0.48 | 1.61 | 4.33 | 11.27 | |||
| EQT | 1.45 | 0.25 | 0.17 | 6.98 | 1.67 | 2.81 | 11.66 | |||
| PBA | 0.90 | 0.23 | 0.22 | 7.79 | 1.16 | 1.99 | 5.25 |
Risk Metrics, Assumptions & Methodology
Volatility for First Solar measures return dispersion and uncertainty over time. Return spread influences portfolio contribution and drawdown risk. First Solar has a market cap of 21.23 B, P/E of 35.42, ROE of 17.45%.
Unless otherwise specified, data for First Solar is compiled from periodic company reporting and market reference feeds and standardized for comparability. Sell-side coverage, where present, supplements the data shown. Updates may occur throughout the day. Volatility and downside metrics are estimated from historical return dispersion.
This content is curated and reviewed by:
Gabriel Shpitalnik - Member of Macroaxis Editorial BoardFirst Solar Investment Opportunity
First Solar is about 4.22 times more volatile than Dow Jones Industrial based on recent return behavior. That added volatility may be acceptable only if the position is expected to deliver stronger return efficiency or diversification value.You can use First Solar to protect your portfolios against small market fluctuations. This short-horizon strategy note focuses on what the latest move may imply for immediate trading context. It works best as a directional cue rather than as a standalone forecast. a normal downward trend and little activity. Check odds of First Solar to be traded at $197.58 in 90 days.Weak diversification
Across the chosen horizon, FSLR and DJI show a correlation of 0.3 and fall into the Weak diversification bucket. In portfolio terms, the overlap visualization shows how much shared movement remains after both positions are combined.
First Solar Additional Risk Indicators
A broader risk-indicator set for First Solar can improve buy, hold, hedge, and sell decisions by adding context beyond the most common measures. The practical goal is to identify how much risk is being accepted and whether that risk still fits the thesis.
| Risk Adjusted Performance | -0.06 | |||
| Market Risk Adjusted Performance | -0.70 | |||
| Mean Deviation | 2.37 | |||
| Coefficient Of Variation | -1,137 | |||
| Standard Deviation | 3.49 | |||
| Variance | 12.16 | |||
| Information Ratio | -0.07 |
First Solar Suggested Diversification Pairs
Pair trading with First Solar can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The advantage is that adverse movement in one leg may be partly offset by the other when correlation and thesis alignment hold.
Risk reduction through pair trading is real but has limits - not every type of exposure can be offset by a second leg. First Solar's exposure to overall market risk stays intact regardless of pairing. The value of a second leg lies in reducing First Solar's idiosyncratic risk - the part that comes from company-level events rather than macro conditions.
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