Magnum Goldcorp Stock Forecast - Day Typical Price

MGI Stock  CAD 0.05  0.02  28.57%   
Magnum Stock Forecast is based on your current time horizon.
  
At this time, Magnum Goldcorp's Other Current Liabilities is fairly stable compared to the past year. Total Current Liabilities is likely to climb to about 173.4 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.7 M in 2024.
On November 26, 2024 Magnum Goldcorp had Day Typical Price of 0.05. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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Magnum Goldcorp Trading Date Momentum

On November 27 2024 Magnum Goldcorp was traded for  0.05  at the closing time. The highest daily price throughout the period was 0.05  and the lowest price was  0.05 . There was no trading activity during the period 1.0. Lack of trading volume on 11/27/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for Magnum Goldcorp

For every potential investor in Magnum, whether a beginner or expert, Magnum Goldcorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Magnum Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Magnum. Basic forecasting techniques help filter out the noise by identifying Magnum Goldcorp's price trends.

Magnum Goldcorp 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 Magnum Goldcorp stock to make a market-neutral strategy. Peer analysis of Magnum Goldcorp could also be used in its relative valuation, which is a method of valuing Magnum Goldcorp by comparing valuation metrics with similar companies.
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Magnum Goldcorp 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 Magnum Goldcorp'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 Magnum Goldcorp's current price.

Magnum Goldcorp Market Strength Events

Market strength indicators help investors to evaluate how Magnum Goldcorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magnum Goldcorp shares will generate the highest return on investment. By undertsting and applying Magnum Goldcorp stock market strength indicators, traders can identify Magnum Goldcorp entry and exit signals to maximize returns.

Magnum Goldcorp Risk Indicators

The analysis of Magnum Goldcorp'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 Magnum Goldcorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting magnum 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.
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.

Thematic Opportunities

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Additional Tools for Magnum Stock Analysis

When running Magnum Goldcorp's price analysis, check to measure Magnum Goldcorp'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 Magnum Goldcorp is operating at the current time. Most of Magnum Goldcorp's value examination focuses on studying past and present price action to predict the probability of Magnum Goldcorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnum Goldcorp's price. Additionally, you may evaluate how the addition of Magnum Goldcorp to your portfolios can decrease your overall portfolio volatility.