Magnasense (Sweden) Buy Hold or Sell Recommendation
| MAGNA Stock | 0.12 0.01 7.69% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Magnasense AB is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Magnasense AB given historical horizon and risk tolerance towards Magnasense. When Macroaxis issues a 'buy' or 'sell' recommendation for Magnasense AB, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. Note, we conduct extensive research on individual companies such as Magnasense and provide practical buy, sell, or hold advice based on investors' constraints. Magnasense AB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Magnasense |
Execute Magnasense Buy or Sell Advice
The Magnasense recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Magnasense AB. Macroaxis does not own or have any residual interests in Magnasense AB or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Magnasense's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Magnasense Trading Alerts and Improvement Suggestions
| Magnasense AB generated a negative expected return over the last 90 days | |
| Magnasense AB has some characteristics of a very speculative penny stock | |
| Magnasense AB has high historical volatility and very poor performance |
Magnasense Returns Distribution Density
The distribution of Magnasense's historical returns is an attempt to chart the uncertainty of Magnasense's future price movements. The chart of the probability distribution of Magnasense daily returns describes the distribution of returns around its average expected value. We use Magnasense AB price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Magnasense returns is essential to provide solid investment advice for Magnasense.
| Mean Return | -1.34 | Value At Risk | -7.69 | Potential Upside | 4.17 | Standard Deviation | 4.15 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Magnasense historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Magnasense Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Magnasense or Magnasense sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Magnasense's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Magnasense stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -1.22 | |
β | Beta against Dow Jones | -1.03 | |
σ | Overall volatility | 4.11 | |
Ir | Information ratio | -0.36 |
Magnasense Volatility Alert
Magnasense AB exhibits very low volatility with skewness of 0.57 and kurtosis of 2.59. Magnasense AB is a potential penny stock. Although Magnasense may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Magnasense AB. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Magnasense instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Magnasense Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Magnasense . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Use Investing Ideas to Build Portfolios
In addition to having Magnasense in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run World Allocation Funds Thematic Idea Now
World Allocation Funds
Funds or Etfs investing in stocks, bonds, and cash of domestic markets as well as in markets of Canada, Japan, and Europe. The World Allocation Funds theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize World Allocation Funds Theme or any other thematic opportunities.
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Additional Tools for Magnasense Stock Analysis
When running Magnasense's price analysis, check to measure Magnasense'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 Magnasense is operating at the current time. Most of Magnasense's value examination focuses on studying past and present price action to predict the probability of Magnasense's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnasense's price. Additionally, you may evaluate how the addition of Magnasense to your portfolios can decrease your overall portfolio volatility.