Magyar Bancorp Stock Price on November 6, 2024
| MGYR Stock | USD 13.25 0.01 0.08% |
Below is the normalized historical share price chart for Magyar Bancorp extending back to January 24, 2006. 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 Magyar Bancorp stands at 13.25, as last reported on the 26th of November, with the highest price reaching 13.65 and the lowest price hitting 12.10 during the day.
If you're considering investing in Magyar Stock, it is important to understand the factors that can impact its price. Currently, Magyar Bancorp is very steady. Magyar Bancorp has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Magyar Bancorp, which you can use to evaluate the volatility of the firm. Please verify Magyar Bancorp's Mean Deviation of 0.6223, downside deviation of 0.8187, and Risk Adjusted Performance of 0.1197 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
At this time, Magyar Bancorp's Total Stockholder Equity is relatively stable compared to the past year. As of 11/26/2024, Common Stock Shares Outstanding is likely to grow to about 6.5 M, while Common Stock Total Equity is likely to drop slightly above 65.8 K. . At this time, Magyar Bancorp's Price Book Value Ratio is relatively stable compared to the past year. As of 11/26/2024, Price Earnings To Growth Ratio is likely to grow to 4.21, while Price Earnings Ratio is likely to drop 9.52. Magyar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of January 2006 | 200 Day MA 11.7096 | 50 Day MA 12.4284 | Beta 0.276 |
Magyar |
Sharpe Ratio = 0.1539
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | MGYR | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Magyar Bancorp is performing at about 12% 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 Magyar Bancorp by adding it to a well-diversified portfolio.
Price Book 0.7785 | Price Sales 2.7323 | Shares Float 5.2 M | Dividend Share 0.2 | Wall Street Target Price 13 |
Related Headline
HMN Financial Headline on 9th of October 2024
Disposition of 109464 shares by Hmn Financial Inc Employee S... by businesswire.com
Filed transaction by HMN Financial Other: Esop Trustee. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Magyar Bancorp Valuation on November 6, 2024
It is possible to determine the worth of Magyar Bancorp on a given historical date. On November 6, 2024 Magyar was worth 12.24 at the beginning of the trading date compared to the closed value of 12.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magyar Bancorp stock. Still, in general, we apply an absolute valuation method to find Magyar Bancorp'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 Magyar Bancorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magyar Bancorp's related companies.
| Open | High | Low | Close | Volume | |
| 12.25 | 12.45 | 12.15 | 12.19 | 7,150 | |
11/06/2024 | 12.24 | 12.30 | 12.15 | 12.23 | 5,822 |
| 12.70 | 12.70 | 12.23 | 12.38 | 6,221 |
| Backtest Magyar Bancorp | | | Magyar Bancorp History | | | Magyar Bancorp Valuation | Previous | Next |
Magyar Bancorp Trading Date Momentum on November 6, 2024
| On November 07 2024 Magyar Bancorp was traded for 12.38 at the closing time. The top price for the day was 12.70 and the lowest listed price was 12.23 . The trading volume for the day was 6.2 K. The trading history from November 7, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 1.23% . The trading delta at closing time against the current closing price is 6.21% . |
Magyar Bancorp Fundamentals Correlations and Trends
By evaluating Magyar Bancorp'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 Magyar Bancorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Magyar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Magyar Bancorp Stock history
Magyar Bancorp 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 Magyar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magyar Bancorp 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 Magyar Bancorp stock prices may prove useful in developing a viable investing in Magyar Bancorp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 6.3 M | 6.5 M | |
| Net Income Applicable To Common Shares | 9.1 M | 9.6 M |
Magyar Bancorp Stock Technical Analysis
Magyar Bancorp 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
Magyar Bancorp Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Magyar Bancorp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Magyar Bancorp November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Magyar Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magyar Bancorp shares will generate the highest return on investment. By undertsting and applying Magyar Bancorp stock market strength indicators, traders can identify Magyar Bancorp entry and exit signals to maximize returns
Magyar Bancorp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Magyar Bancorp's price direction in advance. Along with the technical and fundamental analysis of Magyar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magyar 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 | 0.1197 | |||
| Jensen Alpha | 0.0994 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.7095 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Magyar Stock Analysis
When running Magyar Bancorp's price analysis, check to measure Magyar Bancorp'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 Magyar Bancorp is operating at the current time. Most of Magyar Bancorp's value examination focuses on studying past and present price action to predict the probability of Magyar Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Bancorp's price. Additionally, you may evaluate how the addition of Magyar Bancorp to your portfolios can decrease your overall portfolio volatility.