Magna Mining Financials
| NICU Stock | 1.59 0.06 3.92% |
Magna |
Please note, the imprecision that can be found in Magna Mining's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Magna Mining. Check Magna Mining's Beneish M Score to see the likelihood of Magna Mining's management manipulating its earnings.
Specialization | Basic Materials, Other Industrial Metals & Mining |
| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| ISIN | CA55925F1027 |
| Business Address | 1300 Kelly Lake |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | magnamining.com |
| Phone | 416 356 8165 |
You should never invest in Magna Mining without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Magna Stock, because this is throwing your money away. Analyzing the key information contained in Magna Mining's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Magna Mining Key Financial Ratios
There are many critical financial ratios that Magna Mining's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Magna Mining reports annually and quarterly.| Return On Equity | -0.84 | ||||
| Return On Asset | -0.44 | ||||
| Target Price | 2.88 | ||||
| Beta | 2.29 |
Magna Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Magna Mining's current stock value. Our valuation model uses many indicators to compare Magna Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magna Mining competition to find correlations between indicators driving Magna Mining's intrinsic value. More Info.Magna Mining is regarded fourth in return on equity category among its peers. It is regarded third in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Magna Mining's earnings, one of the primary drivers of an investment's value.Magna Mining Systematic Risk
Magna Mining's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Magna Mining volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Magna Mining correlated with the market. If Beta is less than 0 Magna Mining generally moves in the opposite direction as compared to the market. If Magna Mining Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Magna Mining is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Magna Mining is generally in the same direction as the market. If Beta > 1 Magna Mining moves generally in the same direction as, but more than the movement of the benchmark.
Magna Mining Thematic Clasifications
Magna Mining is part of several thematic ideas from Heavy Metals to Copper. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasMagna Mining January 21, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Magna Mining help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Magna Mining. We use our internally-developed statistical techniques to arrive at the intrinsic value of Magna Mining based on widely used predictive technical indicators. In general, we focus on analyzing Magna Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Magna Mining's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.91 | |||
| Information Ratio | 0.1202 | |||
| Maximum Drawdown | 20.34 | |||
| Value At Risk | (4.58) | |||
| Potential Upside | 6.57 |
Additional Tools for Magna Stock Analysis
When running Magna Mining's price analysis, check to measure Magna Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magna Mining is operating at the current time. Most of Magna Mining's value examination focuses on studying past and present price action to predict the probability of Magna Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna Mining's price. Additionally, you may evaluate how the addition of Magna Mining to your portfolios can decrease your overall portfolio volatility.