Magna International Stock Forward View - 20 Period Moving Average
| MGA Stock | USD 62.46 -0.65 -1.03% |
Magna International's 20 Period Moving Average forecast is computed from observed closing prices over the selected horizon. The accuracy statistics below distinguish a well-fitted model from one that is smoothing over meaningful price movement. The 20 Period Moving Average model projects Magna International at 61.30 for the next trading day, below the most recent closing price. The 20 Period Moving Average output reflects statistical model results and is provided for reference purposes.
20 Period Moving Average Price Forecast For the 12th of May 2026
Over a 90-day horizon, the 20 Period Moving Average model forecasts Magna International at 61.30 for the next trading day, with a mean absolute deviation of 3.18 , mean absolute percentage error of 0.05 , and sum of absolute errors of 130.39 .This indicates moderate forecast accuracy — the model captures the general trend but not all short-term variation in Magna International's price. This output is intended for short-term analytical reference.
Stock Forecast Pattern
| Backtest Magna International | Magna International Price Prediction | Research Analysis |
Forecasted Value
The projected range for Magna International reflects the model's ability to define credible downside and upside scenarios for the next trading day. The model places downside around 58.06 and upside around 64.54 for the next session. The wide range indicates elevated uncertainty in short-term projections.
Model Predictive Factors
The table below summarizes the 20 Period Moving Average model's error metrics for Magna International stock. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.| AIC | Akaike Information Criteria | 84.0237 |
| Bias | Arithmetic mean of the errors | -0.4226 |
| MAD | Mean absolute deviation | 3.1803 |
| MAPE | Mean absolute percentage error | 0.055 |
| SAE | Sum of the absolute errors | 130.391 |
Other Forecasting Options for Magna International
Analyzing Magna International's price movement through moving averages at different time horizons reveals whether short-term momentum aligns with the longer-term trend. Touches of the upper or lower band in Magna International's chart signal overbought or oversold conditions.Magna International Related Equities
The peer firms below within the Consumer Discretionary space frame Magna International's pricing and running costs in context. Checking Magna International against peers on P/E, margins, and return on equity helps put its position in context. Firms that trade at big discounts to peers on core metrics may be worth more research.
| Risk & Return | Correlation |
Magna International Market Strength Events
For investors tracking Magna International, market strength indicators offer quantitative evaluation of stock behavior. When Rate of Change diverges from price direction, it often signals weakening momentum before a visible reversal in Magna International.
Magna International Risk Indicators
Analyzing Magna International's basic risk indicators provides a structured view of the risk-return trade-off for magna stock. Expected shortfall estimates the average loss in the worst-case tail scenarios, going beyond what standard deviation alone captures for Magna International.
| Mean Deviation | 2.07 | |||
| Semi Deviation | 1.68 | |||
| Standard Deviation | 3.23 | |||
| Variance | 10.44 | |||
| Downside Variance | 3.77 | |||
| Semi Variance | 2.81 | |||
| Expected Short fall | -2.56 |
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.
Magna International Short Properties
Reviewing short-oriented indicators for Magna International is useful because long and short participants often create very different signals for timing and volatility. This is applicable when the question is whether bearish pressure is starting to shape the market's reaction function.
| Common Stock Shares Outstanding | 282.5 million | |
| Cash And Short Term Investments | 1.61 billion |