Majic Wheels Corp Stock Buy Hold or Sell Recommendation
| MJWL Stock | USD 0.0001 0.00 0.00% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Majic Wheels Corp is 'Strong Sell'. The recommendation algorithm takes into account all of Majic Wheels' available fundamental, technical, and predictive indicators you will find on this site.
Check out Majic Wheels Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Majic and provide practical buy, sell, or hold advice based on investors' constraints. Majic Wheels Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.
Majic |
Execute Majic Wheels Buy or Sell Advice
The Majic recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Majic Wheels Corp. Macroaxis does not own or have any residual interests in Majic Wheels Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Majic Wheels' 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 | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Very regressive towards the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Very Weak | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Majic Wheels Trading Alerts and Improvement Suggestions
| Majic Wheels Corp generated a negative expected return over the last 90 days | |
| Majic Wheels Corp has high historical volatility and very poor performance | |
| Majic Wheels Corp has some characteristics of a very speculative penny stock | |
| Majic Wheels Corp has a very high chance of going through financial distress in the upcoming years | |
| Majic Wheels Corp currently holds 290.12 K in liabilities. Majic Wheels Corp has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Majic Wheels' use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (1.46 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Majic Wheels Corp currently holds about 8.3 K in cash with (80.29 K) of positive cash flow from operations. | |
| Majic Wheels Corp has a very weak financial position based on the latest SEC disclosures |
Majic Wheels Returns Distribution Density
The distribution of Majic Wheels' historical returns is an attempt to chart the uncertainty of Majic Wheels' future price movements. The chart of the probability distribution of Majic Wheels daily returns describes the distribution of returns around its average expected value. We use Majic Wheels Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Majic Wheels returns is essential to provide solid investment advice for Majic Wheels.
| Mean Return | -0.63 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 10.16 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Majic Wheels 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.
Majic Wheels 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 Majic Wheels or Commercial Services & Supplies 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 Majic Wheels' 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 Majic 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 | -0.48 | |
β | Beta against Dow Jones | -1.36 | |
σ | Overall volatility | 10.40 | |
Ir | Information ratio | -0.07 |
Majic Wheels Volatility Alert
Majic Wheels Corp is displaying above-average volatility over the selected time horizon. Majic Wheels Corp appears to be a penny stock. Although Majic Wheels Corp may be, in fact, a solid short-term or long term investment, many penny stocks are speculative investment instruments that are often subject to artificial stock promotion and campaigns of hype which may lead to misinformation and misrepresentation. Please make sure you fully understand upside potential and downside risks of investing in Majic Wheels Corp or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswing without any event/news,and sudden news releases. We also encourage traders to check biographies and work history of company President, CEO or other officers before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Majic 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.Majic Wheels Fundamentals Vs Peers
Comparing Majic Wheels' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Majic Wheels' direct or indirect competition across all of the common fundamentals between Majic Wheels and the related equities. This way, we can detect undervalued stocks with similar characteristics as Majic Wheels or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Majic Wheels' fundamental indicators could also be used in its relative valuation, which is a method of valuing Majic Wheels by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Majic Wheels to competition |
| Fundamentals | Majic Wheels | Peer Average |
| Operating Margin | (1.47) % | (5.51) % |
| Current Valuation | 390.67 K | 16.62 B |
| Shares Outstanding | 1.95 B | 571.82 M |
| Price To Earning | (0.01) X | 28.72 X |
| Price To Sales | 1.11 X | 11.42 X |
| EBITDA | (39.26 K) | 3.9 B |
| Net Income | (1.46 M) | 570.98 M |
| Cash And Equivalents | 8.3 K | 2.7 B |
| Total Debt | 290.12 K | 5.32 B |
| Current Ratio | 0.02 X | 2.16 X |
| Book Value Per Share | (0.01) X | 1.93 K |
| Cash Flow From Operations | (80.29 K) | 971.22 M |
| Earnings Per Share | (0.01) X | 3.12 X |
| Price To Earnings To Growth | 0.91 X | 4.89 X |
| Number Of Employees | 2 | 18.84 K |
| Beta | 24.9 | -0.15 |
| Market Capitalization | 390.67 K | 19.03 B |
Majic Wheels Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Majic . 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.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
About Majic Wheels Buy or Sell Advice
When is the right time to buy or sell Majic Wheels Corp? Buying financial instruments such as Majic Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Majic Wheels Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Environmental & Facilities Services 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 Majic Wheels. If investors know Majic 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 Majic Wheels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) | Revenue Per Share 0.001 | Quarterly Revenue Growth 0.558 |
The market value of Majic Wheels Corp is measured differently than its book value, which is the value of Majic that is recorded on the company's balance sheet. Investors also form their own opinion of Majic Wheels' value that differs from its market value or its book value, called intrinsic value, which is Majic Wheels' 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 Majic Wheels' market value can be influenced by many factors that don't directly affect Majic Wheels' 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 Majic Wheels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Majic Wheels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Majic Wheels' 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.