MAGIC SOFTWARE Stock Forecast - Period Momentum Indicator
| MGK Stock | 10.20 0.10 0.99% |
MAGIC Stock Forecast is based on your current time horizon.
MAGIC |
| Check MAGIC SOFTWARE Volatility | Backtest MAGIC SOFTWARE | Information Ratio |
MAGIC SOFTWARE Trading Date Momentum
| On November 22 2024 MAGIC SOFTWARE ENTR was traded for 10.20 at the closing time. The highest price during the trading period was 10.20 and the lowest recorded bid was listed for 10.00 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not cause price change. The trading delta at closing time to the current price is 0.98% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for MAGIC SOFTWARE
For every potential investor in MAGIC, whether a beginner or expert, MAGIC SOFTWARE's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MAGIC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MAGIC. Basic forecasting techniques help filter out the noise by identifying MAGIC SOFTWARE's price trends.MAGIC SOFTWARE 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 MAGIC SOFTWARE stock to make a market-neutral strategy. Peer analysis of MAGIC SOFTWARE could also be used in its relative valuation, which is a method of valuing MAGIC SOFTWARE by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MAGIC SOFTWARE ENTR 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 MAGIC SOFTWARE'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 MAGIC SOFTWARE's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
MAGIC SOFTWARE Market Strength Events
Market strength indicators help investors to evaluate how MAGIC SOFTWARE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MAGIC SOFTWARE shares will generate the highest return on investment. By undertsting and applying MAGIC SOFTWARE stock market strength indicators, traders can identify MAGIC SOFTWARE ENTR entry and exit signals to maximize returns.
MAGIC SOFTWARE Risk Indicators
The analysis of MAGIC SOFTWARE'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 MAGIC SOFTWARE's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting magic 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 | 1.5 | |||
| Semi Deviation | 1.54 | |||
| Standard Deviation | 2.07 | |||
| Variance | 4.3 | |||
| Downside Variance | 3.36 | |||
| Semi Variance | 2.37 | |||
| Expected Short fall | (1.85) |
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.
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Additional Tools for MAGIC Stock Analysis
When running MAGIC SOFTWARE's price analysis, check to measure MAGIC SOFTWARE'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 MAGIC SOFTWARE is operating at the current time. Most of MAGIC SOFTWARE's value examination focuses on studying past and present price action to predict the probability of MAGIC SOFTWARE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAGIC SOFTWARE's price. Additionally, you may evaluate how the addition of MAGIC SOFTWARE to your portfolios can decrease your overall portfolio volatility.