Magic Competitors

Stocks . Germany . 
Stock . Magic Software Enterprises
MGK Stock  EUR 10.60  0.40  3.92%   
Magic Software Enter competes with Palo Alto, Superior Plus, NMI Holdings, SIVERS SEMICONDUCTORS, and Talanx AG; as well as few others. The company classifies itself under Technology sector and is part of Software - Application industry. Analyzing Magic Software competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Magic Software to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Magic Software Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Magic Software competition on your existing holdings.
  
Hype
Prediction
LowEstimatedHigh
8.4510.6012.75
Details
Intrinsic
Valuation
LowRealHigh
8.1510.3012.45
Details
Naive
Forecast
LowNextHigh
8.2110.3612.51
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.5910.1910.79
Details

Magic Software Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Magic Software and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Magic and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Magic Software Enter does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
IUI1
+ 0.89
5AP
IUI1
+ 0.87
INVN
INVN
+ 0.83
5AP
INL
+ 0.83
NOH1
INL
+ 0.79
INVN
INL
+ 0.78
5AP
  
High negative correlations   
IUI1
- 0.89
2DG
IUI1
- 0.86
8SP
INVN
- 0.84
2DG
2DG
- 0.84
5AP
INL
- 0.81
2DG
8SP
- 0.81
5AP

Risk-Adjusted Indicators

There is a big difference between Magic Stock performing well and Magic Software Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Magic Software'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 DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
5AP  1.44  0.14  0.10  0.23  1.54 
(1.58)
 2.54 
(2.66)
 9.87 
8SP  2.05 (0.14) 0.00  0.38  0.00 
 0.00 
 3.36 
(4.74)
 20.22 
6NM  1.21  0.10 (0.03)(0.21) 1.77 
(1.29)
 2.79 
(2.69)
 9.64 
2DG  4.15 (1.33) 0.00 (2.07) 0.00 
 0.00 
 7.14 
(8.57)
 52.42 
TLX  0.97  0.05 (0.06) 13.88  1.13 
(1.13)
 2.67 
(1.64)
 7.58 
2GB  1.80 (0.03)(0.04) 0.06  2.19 
(2.09)
 4.28 
(3.67)
 13.78 
INVN  2.09  0.36  0.08 (1.50) 2.12 
(2.49)
 5.61 
(4.25)
 14.01 
IUI1  1.27  0.25  0.13  0.91  1.07 
(1.49)
 3.28 
(1.96)
 10.30 
NOH1  2.11  0.21  0.08  0.41  1.92 
(2.70)
 6.61 
(3.38)
 12.96 
INL  2.49  0.22  0.12  0.24  2.26 
(3.25)
 6.80 
(3.69)
 13.89 
All Fundamental Data

Magic Software Competitive Analysis

The better you understand Magic Software competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Magic Software's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Magic Software's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
MGK 5AP 8SP 6NM 2DG TLX 2GB INVN IUI1 NOH1
 3.92 
 10.60 
Magic
 2.43 
 376.95 
Palo
 3.02 
 4.10 
Superior
 1.10 
 36.80 
NMI
 20.00 
 0.18 
SIVERS
 1.27 
 79.70 
Talanx
 1.16 
 21.30 
2GB
 0.81 
 3.74 
Identiv
 1.24 
 517.00 
INTUITIVE
 0.64 
 6.18 
Norsk
Market Volatility
(90 Days Market Risk)
Not too volatile
Very steady
Out of control
Not too volatile
Out of control
Very steady
Not too volatile
Relatively risky
Very steady
Slightly risky
Market Performance
(90 Days Performance)
OK
OK
Very Weak
Weak
Very Weak
Weak
Weak
OK
Good
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Quite High
Low
Quite High
Low
Low
Below Average
Low
Low
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Under Valued
Under Valued
Under Valued
Over Valued
Under Valued
Over Valued
Over Valued
Under Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Hold
Strong Buy
Not Rated
Not Rated
Strong Sell
Not Rated
Sell
Strong Sell
Not Rated
Strong Buy
Current Ratio
3.5
1.78
1.33
0.77
3.67
1.31
N/A
1.31
N/A
1.77
Net Asset
492.05 M
12.25 B
4.48 B
2.52 B
N/A
197.52 B
169.7 M
96.66 M
12.97 B
198.62 B
Profit Margin
0.0672
0.0056
-0.0333
0.56
-0.89
0.0222
N/A
-0.0236
N/A
0.12
EBITDA
63.09 M
(179.8 M)
202.9 M
420.22 M
N/A
3.09 B
N/A
4.1 M
1.94 B
42.55 B
Operating Margin
0.11
0.0037
0.0049
0.78
N/A
0.0571
N/A
-0.0216
N/A
0.24
Current Valuation
755.2 M
46.11 B
2.78 B
1.85 B
N/A
14 B
427.85 M
149.13 M
86.49 B
13.26 B
Price To Book
3.04
93.71
1.76
1.09
N/A
1.35
4.52
2.37
8.3
1.48
Five Year Return
2.88
N/A
5.75
N/A
N/A
4.28
N/A
N/A
N/A
3.02
Beta
1.15
1.17
0.86
1.28
0.86
0.94
N/A
1.55
N/A
1.4
Number Of Employees
3.68 K
27.86 K
28
242
130
24.06 K
N/A
329
N/A
32.01 K
Shares Outstanding
49.09 M
302.61 M
200.7 M
83.66 M
210.89 M
253.35 M
N/A
22.51 M
N/A
2.04 B
Cash Flow From Operations
37.81 M
1.98 B
248.7 M
313.39 M
N/A
10.05 B
N/A
1.23 M
1.49 B
29.39 B
Annual Yield
0.0394
N/A
0.0662
N/A
N/A
0.0447
0.0107
N/A
N/A
0.0738
Total Debt
22.17 M
1.43 B
1.91 B
396.05 M
N/A
7.19 B
3.4 M
17.93 M
N/A
1.78 B
Return On Equity
0.15
0.081
-0.0634
0.18
-0.18
0.11
N/A
-0.0353
N/A
0.25
Z Score
17.4
21.6
N/A
2.4
N/A
0.6
81.6
5.8
N/A
5.8
Return On Asset
0.0809
0.0012
0.0026
0.1
-0.11
0.0085
N/A
-0.0151
N/A
0.17
Book Value Per Share
5.13
2.41
5.52
19.32
0.24
32.56
N/A
3.29
N/A
50.16
Total Asset
492.05 M
12.25 B
4.48 B
2.52 B
N/A
197.52 B
169.7 M
96.66 M
12.97 B
198.62 B
Debt To Equity
14.4
90.1
163.2
19.0
0.088
31.9
N/A
51.4
N/A
31.3
Target Price
22.0
534.78
N/A
31.4
N/A
36.12
N/A
21.25
N/A
N/A
Last Dividend Paid
0.51
N/A
0.72
N/A
N/A
N/A
N/A
N/A
N/A
5.65
Shares Owned By Institutions
21.47
87.55
36.16
99.61
25.26
7.71
N/A
67.68
N/A
43.18
Market Capitalization
646.06 M
52.67 B
1.54 B
1.88 B
146.56 M
11.5 B
462.85 M
145.66 M
109.12 B
14.57 B
Price To Earning
19.89
-46.9
30.24
11.65
N/A
12.92
N/A
N/A
N/A
5.51
Price To Earnings To Growth
N/A
1.56
N/A
N/A
N/A
N/A
N/A
N/A
3.27
0.52
Price To Sales
1.31
7.5
0.46
3.05
N/A
0.23
1.56
1.36
16.13
0.0646
Net Income
29.33 M
(267 M)
(112.5 M)
292.9 M
N/A
1.01 B
N/A
1.62 M
1.32 B
24.15 B
Earnings Per Share
0.6
0.07
-0.4
3.27
-0.082
4.24
N/A
-0.17
N/A
1.09
Shares Owned By Insiders
48.34
1.49
0.35
1.28
31.21
78.82
N/A
4.27
N/A
35.49
Revenue
480.32 M
5.5 B
3.38 B
524.46 M
N/A
43.38 B
N/A
103.77 M
6.22 B
207.93 B
Cash And Equivalents
107.29 M
2.8 B
33.45 M
86.67 M
N/A
3.85 B
N/A
8.93 M
N/A
986.39 M
Cash Per Share
2.19
29.26
0.19
1.28
N/A
15.22
N/A
0.54
N/A
0.48
Gross Profit
132.99 M
3.78 B
1.15 B
411.45 M
116.46 M
5.11 B
N/A
37.07 M
N/A
78.56 B
Day Typical Price
10.6
373.6
4.1
36.8
0.18
79.75
21.42
3.74
514.6
6.17
Accumulation Distribution
N/A
0.0288
N/A
N/A
N/A
0.0044
0.0253
N/A
0.0139
0.0049
Market Facilitation Index
N/A
10.85
N/A
N/A
N/A
0.35
0.55
N/A
7.2
0.03
Daily Balance Of Power
9.2 T
0.8249
9.2 T
9.2 T
9.2 T
2.857143
(0.45)
9.2 T
(0.90)
(1.33)
Period Momentum Indicator
0.4
8.95
0.12
0.4
0.03
1.0
(0.25)
0.03
(6.50)
(0.04)
Rate Of Daily Change
1.04
1.02
1.03
1.01
1.2
1.01
0.99
1.01
0.99
0.99
Day Median Price
10.6
371.93
4.1
36.8
0.18
79.78
21.48
3.74
513.4
6.17
Price Action Indicator
0.2
9.5
0.06
0.2
0.015
0.43
(0.30)
0.015
0.35
(0.01)
Relative Strength Index
66.96
31.02
10.57
20.65
69.53
12.44
56.76
53.43
70.82
61.2
Coefficient Of Variation
970.44
626.17
(1,774)
2313.41
(587.10)
2355.3
6617.51
825.81
584.4
941.6
Mean Deviation
1.55
1.44
2.05
1.21
4.15
0.9742
1.8
2.09
1.27
2.11
Jensen Alpha
0.1626
0.1406
(0.14)
0.0988
(1.33)
0.0454
(0.03)
0.3608
0.2534
0.2118
Total Risk Alpha
(0.13)
(0.01)
(0.73)
(0.20)
(2.41)
(0.16)
(0.37)
(0.11)
0.014
(0.16)
Sortino Ratio
0.0435
0.0965
N/A
(0.03)
N/A
(0.06)
(0.04)
0.0797
0.1336
0.0833
Downside Variance
4.33
3.17
N/A
4.88
N/A
1.37
5.42
7.18
1.65
4.57
Standard Deviation
2.14
1.89
3.34
1.69
7.32
1.31
2.52
2.84
1.76
2.9
Kurtosis
1.36
1.64
10.9
2.1
17.11
1.25
2.01
0.3764
5.76
2.0
Potential Upside
4.44
2.54
3.36
2.79
7.14
2.67
4.28
5.61
3.28
6.61
Treynor Ratio
0.5255
0.2322
0.3774
(0.21)
(2.07)
13.88
0.0564
(1.50)
0.9148
0.4149
Maximum Drawdown
11.87
9.87
20.22
9.64
52.42
7.58
13.78
14.01
10.3
12.96
Variance
4.6
3.58
11.18
2.84
53.59
1.73
6.34
8.07
3.11
8.43
Market Risk Adjusted Performance
0.5355
0.2422
0.3874
(0.20)
(2.06)
13.89
0.0664
(1.49)
0.9248
0.4249
Risk Adjusted Performance
0.0852
0.128
(0.04)
0.0385
(0.12)
0.0366
0.0185
0.0999
0.1365
0.0886
Skewness
0.4555
0.3308
(0.64)
(0.72)
(2.49)
0.2695
0.6368
0.2735
1.66
1.1
Semi Deviation
1.6
1.54
N/A
1.77
N/A
1.13
2.19
2.12
1.07
1.92
Information Ratio
0.0422
0.0907
(0.1)
(0.03)
(0.19)
(0.06)
(0.04)
0.0752
0.0972
0.0613
Value At Risk
(3.43)
(2.66)
(4.74)
(2.69)
(8.57)
(1.64)
(3.67)
(4.25)
(1.96)
(3.38)
Expected Short fall
(2.19)
(1.58)
N/A
(1.29)
N/A
(1.13)
(2.09)
(2.49)
(1.49)
(2.70)
Downside Deviation
2.08
1.78
N/A
2.21
N/A
1.17
2.33
2.68
1.28
2.14
Semi Variance
2.55
2.36
N/A
3.13
N/A
1.28
4.78
4.51
1.14
3.67

Magic Software Competition Performance Charts

Five steps to successful analysis of Magic Software Competition

Magic Software's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Magic Software Enter in relation to its competition. Magic Software's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Magic Software in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Magic Software's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Magic Software Enter, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Magic Software position

In addition to having Magic Software in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Transportation
Transportation Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Transportation theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Transportation Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Magic Stock

When determining whether Magic Software Enter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magic Software's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magic Software Enterprises Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magic Software Enterprises Stock:
How To Invest In Magic
Details
Is Magic Stock a good investment?
Details
What is Magic Software's Net Worth?
Details
Largest Application Software Companies
View
Largest Information Technology Services Companies
View
Check out Magic Software Correlation with its peers.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Magic Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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