Magnite Competitors
| MGNI Stock | USD 11.67 0.38 3.37% |
Magnite vs IHS Holding Correlation
Good diversification
The correlation between Magnite and IHS is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Magnite and IHS in the same portfolio, assuming nothing else is changed.
Moving against Magnite Stock
| 0.35 | VSME | VS Media Holdings Buyout Trend | PairCorr |
Magnite Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Magnite 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 Magnite 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 Magnite does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between Magnite Stock performing well and Magnite 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 Magnite'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WB | 1.30 | (0.14) | 0.00 | (0.07) | 0.00 | 3.13 | 9.22 | |||
| IAS | 0.63 | 0.31 | 0.97 | 2.33 | 0.00 | 0.39 | 21.04 | |||
| CMPR | 2.09 | 0.16 | 0.08 | 0.24 | 1.99 | 5.27 | 11.53 | |||
| IAC | 1.32 | 0.12 | 0.07 | 0.21 | 1.42 | 2.49 | 6.76 | |||
| SPHR | 1.99 | 0.39 | 0.23 | 0.43 | 1.47 | 5.43 | 9.49 | |||
| MSGE | 1.54 | 0.45 | 0.24 | 0.81 | 1.26 | 3.87 | 9.61 | |||
| BATRA | 0.66 | 0.00 | (0.06) | 0.10 | 0.87 | 1.34 | 3.94 | |||
| GENI | 2.61 | (0.96) | 0.00 | (0.34) | 0.00 | 4.45 | 39.49 | |||
| IHS | 2.14 | 0.29 | 0.12 | 0.31 | 2.24 | 4.98 | 14.12 |
Cross Equities Net Income Analysis
Compare Magnite and related stocks such as Weibo Corp, Integral Ad Science, and Cimpress NV Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WB | (117.7 M) | (117.7 M) | (102.5 M) | (39.8 M) | (65.3 M) | 34.7 M | 108 M | 352.6 M | 571.8 M | 494.7 M | 313.4 M | 428.3 M | 85.6 M | 342.6 M | 300.8 M | 345.9 M | 212.7 M |
| CMPR | 54.3 M | 54.3 M | 54.3 M | 54.3 M | 54.3 M | 54.3 M | (71.7 M) | 43.7 M | 95.1 M | 83.4 M | (85.2 M) | (54.3 M) | (186 M) | 173.7 M | 15 M | 13.5 M | 18.4 M |
| IAC | (6.5 M) | 174.2 M | 159.3 M | 285.8 M | 414.9 M | 119.5 M | (182.9 M) | 304.9 M | 246.8 M | 22.9 M | 269.7 M | 597.5 M | (1.2 B) | 265.9 M | (539.9 M) | (104 M) | (98.8 M) |
| SPHR | (77.3 M) | (77.3 M) | (77.3 M) | (77.3 M) | (77.3 M) | (77.3 M) | (108.5 M) | 6.9 M | (8.2 M) | 181.7 M | (148.2 M) | (194.4 M) | 502.8 M | (200.6 M) | (200.6 M) | (180.6 M) | (171.6 M) |
| MSGE | (108.5 M) | (108.5 M) | (108.5 M) | (108.5 M) | (108.5 M) | (108.5 M) | (108.5 M) | 6.9 M | (17.9 M) | 171.7 M | (218.6 M) | (133.3 M) | 76.6 M | 144.3 M | 37.4 M | 43 M | 45.2 M |
| BATRA | (2 M) | (2 M) | (2 M) | 8.8 B | (24 M) | 184 M | (62 M) | (25 M) | 5 M | (77 M) | (78 M) | (13 M) | (34.2 M) | (125.3 M) | (31.3 M) | (28.1 M) | (26.7 M) |
| GENI | (25.3 M) | (25.3 M) | (25.3 M) | (25.3 M) | (25.3 M) | (25.3 M) | (25.3 M) | (25.3 M) | (25.3 M) | (40.2 M) | (30.3 M) | (592.8 M) | (185 M) | (85.5 M) | (63 M) | (56.7 M) | (59.6 M) |
| IHS | 56.3 M | 135.4 M | 158.2 M | 131.7 M | 194.5 M | (435.6 M) | (826.4 M) | (425.4 M) | (132.8 M) | (423.5 M) | (322 M) | (25.8 M) | (459 M) | (2 B) | (1.6 B) | (1.5 B) | (1.4 B) |
Magnite and related stocks such as Weibo Corp, Integral Ad Science, and Cimpress NV Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Magnite financial statement analysis. It represents the amount of money remaining after all of Magnite operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Magnite Competitive Analysis
The better you understand Magnite competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Magnite'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 Magnite'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 |
Magnite Competition Performance Charts
Five steps to successful analysis of Magnite Competition
Magnite'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 Magnite in relation to its competition. Magnite's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Magnite 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 Magnite's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Magnite, 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.
Complement your Magnite position
In addition to having Magnite 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.Did You Try This Idea?
Run Casinos Thematic Idea Now
Casinos
Companies that are related to providing casino-type services across multiple geographical areas. The Casinos theme has 51 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 Casinos Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Magnite Correlation with its peers. For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is there potential for Advertising market expansion? Will Magnite introduce new products? Factors like these will boost the valuation of Magnite. Expected growth trajectory for Magnite significantly influences the price investors are willing to assign. Understanding fair value requires weighing current performance against future potential. All the valuation information about Magnite listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.522 | Earnings Share 0.4 | Revenue Per Share | Quarterly Revenue Growth 0.108 | Return On Assets |
Understanding Magnite requires distinguishing between market price and book value, where the latter reflects Magnite's accounting equity. The concept of intrinsic value - what Magnite's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push Magnite's price substantially above or below its fundamental value.
Understanding that Magnite's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Magnite represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, Magnite's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.