MAGNA INTL (Germany) Price on April 25, 2024
| MGA Stock | EUR 43.18 0.47 1.10% |
If you're considering investing in MAGNA Stock, it is important to understand the factors that can impact its price. As of today, the current price of MAGNA INTL stands at 43.18, as last reported on the 11th of December 2024, with the highest price reaching 43.18 and the lowest price hitting 43.18 during the day. MAGNA INTL appears to be very steady, given 3 months investment horizon. MAGNA INTL has Sharpe Ratio of 0.2, which conveys that the company had a 0.2% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for MAGNA INTL, which you can use to evaluate the volatility of the entity. Please exercise MAGNA INTL's Semi Deviation of 1.53, downside deviation of 2.11, and Mean Deviation of 1.22 to check out if our risk estimates are consistent with your expectations.
MAGNA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MAGNA |
Sharpe Ratio = 0.2024
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Estimated Market Risk
| 1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average MAGNA INTL is performing at about 15% 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 INTL by adding it to a well-diversified portfolio.
MAGNA INTL Valuation on April 25, 2024
It is possible to determine the worth of MAGNA INTL on a given historical date. On April 25, 2024 MAGNA was worth 44.17 at the beginning of the trading date compared to the closed value of 44.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MAGNA INTL stock. Still, in general, we apply an absolute valuation method to find MAGNA INTL'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 INTL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MAGNA INTL's related companies.
| Open | High | Low | Close | Volume | |
| 44.91 | 44.91 | 44.91 | 44.91 | 1.00 | |
04/25/2024 | 44.17 | 44.17 | 44.17 | 44.17 | 1.00 |
| 44.06 | 44.06 | 44.06 | 44.06 | 1.00 |
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MAGNA INTL Trading Date Momentum on April 25, 2024
| On April 26 2024 MAGNA INTL was traded for 44.06 at the closing time. The maximum traded price for the trading interval was 44.06 and the lowest daily price was 44.06 . There was no trading activity during the period 1.0. Lack of trading volume on 26th of April 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.25% . The trading delta at closing time to the closing price today is 4.78% . |
MAGNA INTL Fundamentals Correlations and Trends
By evaluating MAGNA INTL'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 INTL'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 INTL Stock history
MAGNA INTL 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 INTL 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 INTL stock prices may prove useful in developing a viable investing in MAGNA INTL
MAGNA INTL Stock Technical Analysis
MAGNA INTL 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 INTL Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
MAGNA INTL cannot be verified against its exchange. Please verify the symbol is currently traded on Munich 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 INTL December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how MAGNA INTL 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 INTL shares will generate the highest return on investment. By undertsting and applying MAGNA INTL stock market strength indicators, traders can identify MAGNA INTL entry and exit signals to maximize returns
MAGNA INTL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MAGNA INTL'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 | 0.1416 | |||
| Jensen Alpha | 0.2239 | |||
| Total Risk Alpha | 0.0396 | |||
| Sortino Ratio | 0.0898 | |||
| Treynor Ratio | 0.4347 |
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Additional Tools for MAGNA Stock Analysis
When running MAGNA INTL's price analysis, check to measure MAGNA INTL'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 MAGNA INTL is operating at the current time. Most of MAGNA INTL's value examination focuses on studying past and present price action to predict the probability of MAGNA INTL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAGNA INTL's price. Additionally, you may evaluate how the addition of MAGNA INTL to your portfolios can decrease your overall portfolio volatility.