Magnera Corp Placeholder Stock Price on November 27, 2024
| MAGN Stock | 20.58 1.16 5.97% |
Below is the normalized historical share price chart for Magnera Corp placeholder extending back to March 17, 1980. 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 Magnera Corp stands at 20.58, as last reported on the 11th of December 2024, with the highest price reaching 20.58 and the lowest price hitting 19.42 during the day.
If you're considering investing in Magnera Stock, it is important to understand the factors that can impact its price. As of now, Magnera Stock is not too volatile. Magnera Corp placeholder has Sharpe Ratio of 0.0407, which conveys that the firm had a 0.0407% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Magnera Corp, which you can use to evaluate the volatility of the firm. Please verify Magnera Corp's Risk Adjusted Performance of 0.0066, mean deviation of 3.01, and Standard Deviation of 3.72 to check out if the risk estimate we provide is consistent with the expected return of 0.16%.
Magnera Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 16th of May 1984 |
Magnera |
Sharpe Ratio = 0.0407
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Estimated Market Risk
| 3.81 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Magnera Corp is performing at about 3% 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 Magnera Corp by adding it to a well-diversified portfolio.
Related Headline
Clearwater Paper Headline on 27th of November 2024
Disposition of tradable shares by Michael Urlick of Clearwat... by Michael Urlick
Filed transaction by Clearwater Paper Officer Svp, Gm Cpd. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Magnera Corp Valuation on November 27, 2024
It is possible to determine the worth of Magnera Corp on a given historical date. On November 27, 2024 Magnera was worth 19.65 at the beginning of the trading date compared to the closed value of 20.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magnera Corp stock. Still, in general, we apply an absolute valuation method to find Magnera Corp'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 Magnera Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magnera Corp's related companies.
| Open | High | Low | Close | Volume | |
| 20.38 | 20.38 | 19.19 | 19.56 | 1,017,809 | |
11/27/2024 | 19.65 | 20.53 | 19.61 | 20.42 | 414,151 |
| 20.49 | 21.13 | 20.46 | 20.48 | 624,328 |
| Backtest Magnera Corp | | | Magnera Corp History | | | Magnera Corp Valuation | Previous | Next |
Magnera Corp Trading Date Momentum on November 27, 2024
| On November 29 2024 Magnera Corp placeholder was traded for 20.48 at the closing time. The top price for the day was 21.13 and the lowest listed price was 20.46 . The trading volume for the day was 624.3 K. The trading history from November 29, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.29% . The trading delta at closing time against the current closing price is 2.55% . |
About Magnera Corp Stock history
Magnera Corp 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 Magnera is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magnera Corp placeholder 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 Magnera Corp stock prices may prove useful in developing a viable investing in Magnera Corp
Magnera Corp Stock Technical Analysis
Magnera Corp 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.
Price Boundaries
Magnera Corp Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Magnera Corp December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Magnera Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magnera Corp shares will generate the highest return on investment. By undertsting and applying Magnera Corp stock market strength indicators, traders can identify Magnera Corp placeholder entry and exit signals to maximize returns
Magnera Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Magnera Corp's price direction in advance. Along with the technical and fundamental analysis of Magnera Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magnera 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.
| Risk Adjusted Performance | 0.0066 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | 0.3049 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magnera Corp placeholder. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Business Supplies 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 Magnera Corp. If investors know Magnera 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 Magnera Corp 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 Magnera Corp placeholder is measured differently than its book value, which is the value of Magnera that is recorded on the company's balance sheet. Investors also form their own opinion of Magnera Corp's value that differs from its market value or its book value, called intrinsic value, which is Magnera Corp'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 Magnera Corp's market value can be influenced by many factors that don't directly affect Magnera Corp'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 Magnera Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnera Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnera Corp'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.