Mag Silver Corp Stock Price on March 22, 2024

MAG Stock  USD 15.35  0.01  0.07%   
Below is the normalized historical share price chart for MAG Silver Corp extending back to July 09, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of MAG Silver stands at 15.35, as last reported on the 29th of November, with the highest price reaching 15.59 and the lowest price hitting 15.27 during the day.
IPO Date
30th of June 1989
200 Day MA
12.9216
50 Day MA
15.7552
Beta
1.131
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in MAG Stock, it is important to understand the factors that can impact its price. MAG Silver appears to be not too volatile, given 3 months investment horizon. MAG Silver Corp has Sharpe Ratio of 0.15, which conveys that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MAG Silver, which you can use to evaluate the volatility of the entity. Please exercise MAG Silver's Semi Deviation of 2.49, downside deviation of 2.75, and Mean Deviation of 2.16 to check out if our risk estimates are consistent with your expectations.
  
At this time, MAG Silver's Common Stock is most likely to increase significantly in the upcoming years. The MAG Silver's current Common Stock Total Equity is estimated to increase to about 599.6 M, while Other Stockholder Equity is forecasted to increase to (950.00). . The MAG Silver's current Price Earnings Ratio is estimated to increase to 23.26, while Price Book Value Ratio is projected to decrease to 2.02. MAG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1462

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Estimated Market Risk

 2.78
  actual daily
24
76% of assets are more volatile

Expected Return

 0.41
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average MAG Silver is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MAG Silver by adding it to a well-diversified portfolio.
Price Book
2.7751
Book Value
5.531
Enterprise Value
1.5 B
Enterprise Value Ebitda
104.1282
Shares Float
93.5 M

MAG Silver Valuation on March 22, 2024

It is possible to determine the worth of MAG Silver on a given historical date. On March 22, 2024 MAG was worth 9.27 at the beginning of the trading date compared to the closed value of 9.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MAG Silver stock. Still, in general, we apply an absolute valuation method to find MAG Silver's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of MAG Silver where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MAG Silver's related companies.
 Open High Low Close Volume
  9.76    9.81    9.23    9.26    1,290,468  
03/22/2024
  9.27    9.30    9.14    9.18    698,659  
  9.30    9.44    9.20    9.21    496,042  
Backtest MAG Silver  |  MAG Silver History  |  MAG Silver Valuation   PreviousNext  
Open Value
9.27
9.18
Closing Value
17.62
Upside

MAG Silver Trading Date Momentum on March 22, 2024

On March 25 2024 MAG Silver Corp was traded for  9.21  at the closing time. Highest MAG Silver's price during the trading hours was 9.44  and the lowest price during the day was  9.20 . The net volume was 496 K. The overall trading history on the 25th of March contributed to the next trading period price rise. The trading delta at closing time to the next next day price was 0.33% . The trading delta at closing time to current price is 18.95% .

MAG Silver Corp Fundamentals Correlations and Trends

By evaluating MAG Silver's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MAG Silver's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MAG financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About MAG Silver Stock history

MAG Silver investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for MAG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MAG Silver Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing MAG Silver stock prices may prove useful in developing a viable investing in MAG Silver
Last ReportedProjected for Next Year
Common Stock Shares Outstanding102.6 M63.6 M
Net Income Applicable To Common Shares15.9 M16.7 M

MAG Silver Quarterly Net Working Capital

113.66 Million

MAG Silver Stock Technical Analysis

MAG Silver technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of MAG Silver technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MAG Silver trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

MAG Silver Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

MAG Silver Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

MAG Silver November 29, 2024 Market Strength

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

MAG Silver Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MAG Silver's price direction in advance. Along with the technical and fundamental analysis of MAG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MAG to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for MAG Stock analysis

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