Magnum Goldcorp Stock Price on November 22, 2024

MGI Stock  CAD 0.05  0.02  28.57%   
Below is the normalized historical share price chart for Magnum Goldcorp extending back to February 09, 2012. 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 Magnum Goldcorp stands at 0.05, as last reported on the 28th of November, with the highest price reaching 0.05 and the lowest price hitting 0.05 during the day.
200 Day MA
0.0572
50 Day MA
0.065
Beta
(0.28)
 
Yuan Drop
 
Covid
If you're considering investing in Magnum Stock, it is important to understand the factors that can impact its price. Magnum Goldcorp is out of control given 3 months investment horizon. Magnum Goldcorp 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 were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.64% are justified by taking the suggested risk. Use Magnum Goldcorp Risk Adjusted Performance of 0.1259, downside deviation of 31.3, and Mean Deviation of 13.8 to evaluate company specific risk that cannot be diversified away.
  
Other Stockholder Equity is likely to climb to about 344.8 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.7 M in 2024. . Magnum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1095

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Estimated Market Risk

 24.16
  actual daily
96
96% of assets are less volatile

Expected Return

 2.64
  actual daily
52
52% of assets have lower returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Magnum Goldcorp 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 Magnum Goldcorp by adding it to a well-diversified portfolio.
Price Book
0.1401
Book Value
0.089
Enterprise Value
486.9 K
Enterprise Value Ebitda
(6.42)
Shares Float
26.3 M

Magnum Goldcorp Valuation on November 22, 2024

It is possible to determine the worth of Magnum Goldcorp on a given historical date. On November 22, 2024 Magnum was worth 0.055 at the beginning of the trading date compared to the closed value of 0.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magnum Goldcorp stock. Still, in general, we apply an absolute valuation method to find Magnum Goldcorp'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 Magnum Goldcorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magnum Goldcorp's related companies.
 Open High Low Close Volume
  0.07    0.07    0.07    0.07    2,250  
11/22/2024
  0.06    0.06    0.05    0.05    21,000  
  0.05    0.05    0.05    0.05    1.00  
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Open Value
0.055
0.0005
Downside
0.05
Closing Value
72.52
Upside

Magnum Goldcorp Trading Date Momentum on November 22, 2024

On November 25 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 11/25/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% .

Magnum Goldcorp Fundamentals Correlations and Trends

By evaluating Magnum Goldcorp'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 Magnum Goldcorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Magnum financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Magnum Goldcorp Stock history

Magnum Goldcorp 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 Magnum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magnum Goldcorp 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 Magnum Goldcorp stock prices may prove useful in developing a viable investing in Magnum Goldcorp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding38.6 M22.8 M
Net Loss-98.8 K-103.7 K

Magnum Goldcorp Stock Technical Analysis

Magnum Goldcorp 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 Magnum Goldcorp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Magnum Goldcorp 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

Magnum Goldcorp Period Price Range

Low
November 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Magnum Goldcorp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

Magnum Goldcorp November 28, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Magnum Goldcorp's price direction in advance. Along with the technical and fundamental analysis of Magnum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magnum 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.

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.