Magna International Stock Price on February 5, 2024
| MG Stock | CAD 65.05 2.00 3.17% |
Below is the normalized historical share price chart for Magna International extending back to December 18, 1989. 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 Magna International stands at 65.05, as last reported on the 25th of November, with the highest price reaching 65.78 and the lowest price hitting 63.35 during the day.
If you're considering investing in Magna Stock, it is important to understand the factors that can impact its price. Magna International appears to be very steady, given 3 months investment horizon. Magna International has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Magna International, which you can use to evaluate the volatility of the firm. Please exercise Magna International's Mean Deviation of 1.49, risk adjusted performance of 0.0825, and Downside Deviation of 2.29 to check out if our risk estimates are consistent with your expectations.
At this time, Magna International's Common Stock Shares Outstanding is very stable compared to the past year. As of the 25th of November 2024, Liabilities And Stockholders Equity is likely to grow to about 33.9 B, while Total Stockholder Equity is likely to drop about 6.4 B. . At this time, Magna International's Price To Operating Cash Flows Ratio is very stable compared to the past year. As of the 25th of November 2024, Price To Free Cash Flows Ratio is likely to grow to 41.59, while Price To Sales Ratio is likely to drop 0.38. Magna Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 62.3969 | 50 Day MA 58.0086 | Beta 1.604 |
Magna |
Sharpe Ratio = 0.1142
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Estimated Market Risk
| 2.11 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Magna International is performing at about 8% 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 Magna International by adding it to a well-diversified portfolio.
Price Book 1.0558 | Enterprise Value Ebitda 5.7473 | Price Sales 0.4247 | Shares Float 286.8 M | Dividend Share 1.9 |
Magna International Valuation on February 5, 2024
It is possible to determine the worth of Magna International on a given historical date. On February 5, 2024 Magna was worth 73.76 at the beginning of the trading date compared to the closed value of 74.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magna International stock. Still, in general, we apply an absolute valuation method to find Magna International'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 Magna International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magna International's related companies.
| Open | High | Low | Close | Volume | |
| 74.43 | 74.79 | 73.60 | 74.41 | 562,334 | |
02/05/2024 | 73.76 | 74.80 | 73.56 | 74.53 | 939,610 |
| 74.38 | 76.63 | 74.31 | 76.45 | 948,305 |
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Magna International Trading Date Momentum on February 5, 2024
| On February 06 2024 Magna International was traded for 76.45 at the closing time. The highest daily price throughout the period was 76.63 and the lowest price was 74.31 . The daily volume was 948.3 K. The net trading volume on 02/06/2024 added to the next day price boost. The trading delta at closing time to closing price of the next trading day was 2.58% . The trading delta at closing time to current closing price is 3.98% . |
Magna International Fundamentals Correlations and Trends
By evaluating Magna International'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 Magna International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Magna financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Magna International Stock history
Magna International 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 Magna is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magna International 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 Magna International stock prices may prove useful in developing a viable investing in Magna International
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 286.6 M | 356.6 M | |
| Net Income Applicable To Common Shares | 532.8 M | 506.2 M |
Magna International Quarterly Net Working Capital |
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Magna International Stock Technical Analysis
Magna International 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
Magna International Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Magna International cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Magna International November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Magna International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magna International shares will generate the highest return on investment. By undertsting and applying Magna International stock market strength indicators, traders can identify Magna International entry and exit signals to maximize returns
Magna International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Magna International's price direction in advance. Along with the technical and fundamental analysis of Magna Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magna 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 | 0.0825 | |||
| Jensen Alpha | 0.1492 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0324 | |||
| Treynor Ratio | 0.5157 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. 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. To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.