Magnera Cash Conversion Cycle from 2010 to 2026
| MAGN Stock | 14.54 0.20 1.39% |
Cash Conversion Cycle | First Reported 2010-12-31 | Previous Quarter 61.15 | Current Value 86.69 | Quarterly Volatility 18.09856904 |
Check Magnera Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magnera Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 216.3 M, Total Revenue of 3.4 B or Gross Profit of 176.7 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0143 or PTB Ratio of 0.32. Magnera financial statements analysis is a perfect complement when working with Magnera Corp Valuation or Volatility modules.
Magnera | Cash Conversion Cycle | Build AI portfolio with Magnera Stock |
Latest Magnera Corp's Cash Conversion Cycle Growth Pattern
Below is the plot of the Cash Conversion Cycle of Magnera Corp placeholder over the last few years. It is Magnera Corp's Cash Conversion Cycle historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magnera Corp's overall financial position and show how it may be relating to other accounts over time.
| Cash Conversion Cycle | 10 Years Trend |
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Cash Conversion Cycle |
| Timeline |
Magnera Cash Conversion Cycle Regression Statistics
| Arithmetic Mean | 71.34 | |
| Geometric Mean | 69.44 | |
| Coefficient Of Variation | 25.37 | |
| Mean Deviation | 13.92 | |
| Median | 72.85 | |
| Standard Deviation | 18.10 | |
| Sample Variance | 327.56 | |
| Range | 69.6563 | |
| R-Value | 0.25 | |
| Mean Square Error | 327.20 | |
| R-Squared | 0.06 | |
| Significance | 0.33 | |
| Slope | 0.90 | |
| Total Sum of Squares | 5,241 |
Magnera Cash Conversion Cycle History
About Magnera Corp Financial Statements
Magnera Corp investors utilize fundamental indicators, such as Cash Conversion Cycle, to predict how Magnera Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Cash Conversion Cycle | 61.15 | 86.69 |
Pair Trading with Magnera Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Magnera Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Magnera Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Magnera Stock
Moving against Magnera Stock
| 0.83 | GCMGW | GCM Grosvenor | PairCorr |
| 0.81 | 603226 | Vohringer Home Technology | PairCorr |
| 0.73 | MAPSW | WM Technology | PairCorr |
| 0.71 | 002521 | Qifeng New Material | PairCorr |
| 0.69 | PCTTW | PureCycle Technologies | PairCorr |
The ability to find closely correlated positions to Magnera Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magnera Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Magnera Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Magnera Corp placeholder to buy it.
The correlation of Magnera Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Magnera Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magnera Corp placeholder moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Magnera Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Magnera Corp Correlation against competitors. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Paper & Forest Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magnera Corp. If investors know Magnera will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magnera Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.47) | Revenue Per Share | Quarterly Revenue Growth 0.514 | Return On Assets | Return On Equity |
The market value of Magnera Corp placeholder is measured differently than its book value, which is the value of Magnera that is recorded on the company's balance sheet. Investors also form their own opinion of Magnera Corp's value that differs from its market value or its book value, called intrinsic value, which is Magnera Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magnera Corp's market value can be influenced by many factors that don't directly affect Magnera Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magnera Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnera Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnera Corp'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.