Magellan Midstream Partners Alpha and Beta Analysis
| MMPDelisted Stock | USD 65.51 0.11 0.17% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Magellan Midstream Partners. It also helps investors analyze the systematic and unsystematic risks associated with investing in Magellan Midstream over a specified time horizon. Remember, high Magellan Midstream's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Magellan Midstream's market risk premium analysis include:
Beta 0.33 | Alpha 0.23 | Risk 0.0 | Sharpe Ratio 0.0 | Expected Return 0.0 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Magellan |
Magellan Midstream Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Magellan Midstream market risk premium is the additional return an investor will receive from holding Magellan Midstream long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Magellan Midstream. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Magellan Midstream's performance over market.| α | 0.23 | β | 0.33 |
Magellan Midstream Fundamentals Vs Peers
Comparing Magellan Midstream'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 Magellan Midstream's direct or indirect competition across all of the common fundamentals between Magellan Midstream and the related equities. This way, we can detect undervalued stocks with similar characteristics as Magellan Midstream or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Magellan Midstream's fundamental indicators could also be used in its relative valuation, which is a method of valuing Magellan Midstream by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Magellan Midstream to competition |
| Fundamentals | Magellan Midstream | Peer Average |
| Return On Equity | 0.59 | -0.31 |
| Return On Asset | 0.092 | -0.14 |
| Profit Margin | 0.30 % | (1.27) % |
| Operating Margin | 0.33 % | (5.51) % |
| Current Valuation | 18.81 B | 16.62 B |
| Shares Outstanding | 202.1 M | 571.82 M |
| Shares Owned By Insiders | 0.38 % | 10.09 % |
Magellan Midstream Opportunities
Magellan Midstream Return and Market Media
The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
| Magellan Midstream dividend paid on 15th of May 2023 | 05/15/2023 |
1 | Missing Titanic submarine Timeline of how the deep-sea tragedy unfolded | 06/30/2023 |
About Magellan Midstream Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Magellan or other delisted stocks. Alpha measures the amount that position in Magellan Midstream has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Magellan Midstream Upcoming Company Events
As portrayed in its financial statements, the presentation of Magellan Midstream's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Magellan Midstream's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Magellan Midstream's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Magellan Midstream. Please utilize our Beneish M Score to check the likelihood of Magellan Midstream's management manipulating its earnings.
| 26th of October 2023 Upcoming Quarterly Report | View | |
| 1st of February 2024 Next Financial Report | View | |
| 30th of September 2023 Next Fiscal Quarter End | View | |
| 1st of February 2024 Next Fiscal Year End | View | |
| 30th of June 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Magellan Midstream
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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 population. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in Magellan Stock
If you are still planning to invest in Magellan Midstream check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Magellan Midstream's history and understand the potential risks before investing.
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