Mgic Investment Corp Stock Buy Hold or Sell Recommendation
| MTG Stock | USD 24.46 0.12 0.49% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding MGIC Investment Corp is 'Hold'. Macroaxis provides MGIC Investment buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MTG positions.
Check out MGIC Investment 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 MGIC and provide practical buy, sell, or hold advice based on investors' constraints. MGIC Investment 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 estimate.
MGIC |
Execute MGIC Investment Buy or Sell Advice
The MGIC recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on MGIC Investment Corp. Macroaxis does not own or have any residual interests in MGIC Investment Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute MGIC Investment's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
MGIC Investment Trading Alerts and Improvement Suggestions
| MGIC Investment Corp generated a negative expected return over the last 90 days | |
| Over 98.0% of the company shares are owned by institutional investors | |
| On 21st of November 2024 MGIC Investment paid $ 0.13 per share dividend to its current shareholders |
MGIC Investment Returns Distribution Density
The distribution of MGIC Investment's historical returns is an attempt to chart the uncertainty of MGIC Investment's future price movements. The chart of the probability distribution of MGIC Investment daily returns describes the distribution of returns around its average expected value. We use MGIC Investment Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of MGIC Investment returns is essential to provide solid investment advice for MGIC Investment.
| Mean Return | -0.04 | Value At Risk | -3.13 | Potential Upside | 2.12 | Standard Deviation | 1.58 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of MGIC Investment 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.
MGIC Investment 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 MGIC Investment or Financial Services 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 MGIC Investment'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 MGIC 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 | -0.06 | |
β | Beta against Dow Jones | 0.80 | |
σ | Overall volatility | 1.58 | |
Ir | Information ratio | -0.04 |
MGIC Investment Volatility Alert
MGIC Investment Corp exhibits very low volatility with skewness of -0.87 and kurtosis of 3.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure MGIC Investment's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact MGIC Investment's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.MGIC Investment Fundamentals Vs Peers
Comparing MGIC Investment's 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 MGIC Investment's direct or indirect competition across all of the common fundamentals between MGIC Investment and the related equities. This way, we can detect undervalued stocks with similar characteristics as MGIC Investment or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of MGIC Investment's fundamental indicators could also be used in its relative valuation, which is a method of valuing MGIC Investment by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare MGIC Investment to competition |
| Fundamentals | MGIC Investment | Peer Average |
| Return On Equity | 0.15 | -0.31 |
| Return On Asset | 0.096 | -0.14 |
| Profit Margin | 0.64 % | (1.27) % |
| Operating Margin | 0.86 % | (5.51) % |
| Current Valuation | 6.45 B | 16.62 B |
| Shares Outstanding | 253.36 M | 571.82 M |
| Shares Owned By Insiders | 1.40 % | 10.09 % |
| Shares Owned By Institutions | 97.87 % | 39.21 % |
| Number Of Shares Shorted | 10.38 M | 4.71 M |
| Price To Earning | 10.50 X | 28.72 X |
| Price To Book | 1.15 X | 9.51 X |
| Price To Sales | 5.18 X | 11.42 X |
| Revenue | 1.16 B | 9.43 B |
| Gross Profit | 1.03 B | 27.38 B |
| EBITDA | 902.23 M | 3.9 B |
| Net Income | 712.95 M | 570.98 M |
| Cash And Equivalents | 327.38 M | 2.7 B |
| Cash Per Share | 1.35 X | 5.01 X |
| Total Debt | 643.2 M | 5.32 B |
| Debt To Equity | 0.20 % | 48.70 % |
| Current Ratio | 2.68 X | 2.16 X |
| Book Value Per Share | 20.66 X | 1.93 K |
| Cash Flow From Operations | 712.96 M | 971.22 M |
| Short Ratio | 6.52 X | 4.00 X |
| Earnings Per Share | 2.83 X | 3.12 X |
| Price To Earnings To Growth | 1.54 X | 4.89 X |
| Target Price | 26.29 | |
| Number Of Employees | 627 | 18.84 K |
| Beta | 1.27 | -0.15 |
| Market Capitalization | 6.17 B | 19.03 B |
| Total Asset | 6.54 B | 29.47 B |
| Retained Earnings | 4.59 B | 9.33 B |
| Annual Yield | 0.02 % |
Note: Acquisition by Curt Culver of tradable shares of MGIC Investment subject to Rule 16b-3 [view details]
MGIC Investment Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as MGIC . 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.
About MGIC Investment Buy or Sell Advice
When is the right time to buy or sell MGIC Investment Corp? Buying financial instruments such as MGIC 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.
Use Investing Ideas to Build Portfolios
In addition to having MGIC Investment 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 Corporate Bonds Funds Thematic Idea Now
Corporate Bonds Funds
Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds Funds theme has 45 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 Corporate Bonds Funds Theme or any other thematic opportunities.
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Check out MGIC Investment 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Commercial & Residential Mortgage Finance 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 MGIC Investment. If investors know MGIC 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 MGIC Investment 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 MGIC Investment Corp is measured differently than its book value, which is the value of MGIC that is recorded on the company's balance sheet. Investors also form their own opinion of MGIC Investment's value that differs from its market value or its book value, called intrinsic value, which is MGIC Investment'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 MGIC Investment's market value can be influenced by many factors that don't directly affect MGIC Investment'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 MGIC Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGIC Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGIC Investment'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.