Magnolia Oil Gas Stock Price on November 21, 2024
| MGY Stock | USD 28.79 0.56 1.98% |
Below is the normalized historical share price chart for Magnolia Oil Gas extending back to June 29, 2017. 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 Magnolia Oil stands at 28.79, as last reported on the 22nd of November, with the highest price reaching 29.02 and the lowest price hitting 28.11 during the day.
If you're considering investing in Magnolia Stock, it is important to understand the factors that can impact its price. Magnolia Oil appears to be very steady, given 3 months investment horizon. Magnolia Oil Gas has Sharpe Ratio of 0.0994, which conveys that the firm had a 0.0994% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Magnolia Oil, which you can use to evaluate the volatility of the firm. Please exercise Magnolia Oil's Risk Adjusted Performance of 0.0931, mean deviation of 1.56, and Downside Deviation of 2.13 to check out if our risk estimates are consistent with your expectations.
Other Stockholder Equity is likely to rise to about 1.3 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.3 B in 2024. . At this time, Magnolia Oil's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to rise to 13.01 in 2024, whereas Price Book Value Ratio is likely to drop 1.66 in 2024. Magnolia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of May 2017 | 200 Day MA 25.1055 | 50 Day MA 25.9432 | Beta 2.002 |
Magnolia |
Sharpe Ratio = 0.0994
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Estimated Market Risk
| 2.05 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Magnolia Oil is performing at about 7% 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 Magnolia Oil by adding it to a well-diversified portfolio.
Price Book 2.7743 | Enterprise Value Ebitda 5.7902 | Price Sales 4.2296 | Shares Float 188.4 M | Dividend Share 0.52 |
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Magnolia Oil Valuation on November 21, 2024
It is possible to determine the worth of Magnolia Oil on a given historical date. On November 21, 2024 Magnolia was worth 28.0 at the beginning of the trading date compared to the closed value of 28.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magnolia Oil stock. Still, in general, we apply an absolute valuation method to find Magnolia Oil'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 Magnolia Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magnolia Oil's related companies.
| Open | High | Low | Close | Volume | |
| 27.31 | 27.85 | 27.31 | 27.71 | 973,013 | |
11/21/2024 | 28.00 | 28.32 | 27.89 | 28.23 | 1,498,374 |
| 28.17 | 29.02 | 28.11 | 28.79 | 2,462,927 |
| Backtest Magnolia Oil | | | Magnolia Oil History | | | Magnolia Oil Valuation | Previous | Next |
Magnolia Oil Trading Date Momentum on November 21, 2024
| On November 22 2024 Magnolia Oil Gas was traded for 28.79 at the closing time. Highest Magnolia Oil's price during the trading hours was 29.02 and the lowest price during the day was 28.11 . The net volume was 2.5 M. The overall trading history on the 22nd of November contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 1.98% . The trading delta at closing time to current price is 0.21% . |
Magnolia Oil Gas Fundamentals Correlations and Trends
By evaluating Magnolia Oil'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 Magnolia Oil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Magnolia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Magnolia Oil Stock history
Magnolia Oil 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 Magnolia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magnolia Oil Gas 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 Magnolia Oil stock prices may prove useful in developing a viable investing in Magnolia Oil
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 188.4 M | 164.9 M | |
| Net Income Applicable To Common Shares | 1 B | 1.1 B |
Magnolia Oil Quarterly Net Working Capital |
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Magnolia Oil Stock Technical Analysis
Magnolia Oil 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
Magnolia Oil Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
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Magnolia Oil November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Magnolia Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magnolia Oil shares will generate the highest return on investment. By undertsting and applying Magnolia Oil stock market strength indicators, traders can identify Magnolia Oil Gas entry and exit signals to maximize returns
Magnolia Oil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Magnolia Oil's price direction in advance. Along with the technical and fundamental analysis of Magnolia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magnolia 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 | 0.0931 | |||
| Jensen Alpha | 0.0852 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0574 | |||
| Treynor Ratio | 0.1616 |
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Additional Tools for Magnolia Stock Analysis
When running Magnolia Oil's price analysis, check to measure Magnolia Oil'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 Magnolia Oil is operating at the current time. Most of Magnolia Oil's value examination focuses on studying past and present price action to predict the probability of Magnolia Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnolia Oil's price. Additionally, you may evaluate how the addition of Magnolia Oil to your portfolios can decrease your overall portfolio volatility.