Magnera Corp Stock Forecast - Accumulation Distribution
| MAGN Stock | 20.48 0.06 0.29% |
Magnera Stock Forecast is based on your current time horizon.
Magnera |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 19796.49 | 19796.49 |
| Check Magnera Corp Volatility | Backtest Magnera Corp | Information Ratio |
Magnera Corp Trading Date Momentum
| On November 29 2024 Magnera Corp placeholder was traded for 20.48 at the closing time. The top price for the day was 21.13 and the lowest listed price was 20.46 . The trading volume for the day was 624.3 K. The trading history from November 29, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.05% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Magnera Corp
For every potential investor in Magnera, whether a beginner or expert, Magnera Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Magnera Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Magnera. Basic forecasting techniques help filter out the noise by identifying Magnera Corp's price trends.Magnera Corp Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Magnera Corp stock to make a market-neutral strategy. Peer analysis of Magnera Corp could also be used in its relative valuation, which is a method of valuing Magnera Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Magnera Corp placeholder Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Magnera Corp's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Magnera Corp's current price.| Cycle Indicators | ||
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Magnera Corp Market Strength Events
Market strength indicators help investors to evaluate how Magnera Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magnera Corp shares will generate the highest return on investment. By undertsting and applying Magnera Corp stock market strength indicators, traders can identify Magnera Corp placeholder entry and exit signals to maximize returns.
Magnera Corp Risk Indicators
The analysis of Magnera Corp's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Magnera Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting magnera stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.96 | |||
| Standard Deviation | 3.68 | |||
| Variance | 13.55 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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 against Magnera Stock
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 Historical Fundamental Analysis of Magnera Corp to cross-verify your projections. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Business Supplies 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.
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.