Mgic Investment Corp Stock Price on July 25, 2024
| MTG Stock | USD 26.33 0.83 3.25% |
Below is the normalized historical share price chart for MGIC Investment Corp extending back to August 07, 1991. 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 MGIC Investment stands at 26.33, as last reported on the 26th of November, with the highest price reaching 26.56 and the lowest price hitting 25.70 during the day.
If you're considering investing in MGIC Stock, it is important to understand the factors that can impact its price. At this point, MGIC Investment is very steady. MGIC Investment Corp has Sharpe Ratio of 0.0602, which conveys that the firm had a 0.0602% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for MGIC Investment, which you can use to evaluate the volatility of the firm. Please verify MGIC Investment's risk adjusted performance of 0.0562, and Mean Deviation of 1.08 to check out if the risk estimate we provide is consistent with the expected return of 0.0928%.
At this time, MGIC Investment's Stock Based Compensation is most likely to increase significantly in the upcoming years. The MGIC Investment's current Stock Based Compensation To Revenue is estimated to increase to 0.03, while Total Stockholder Equity is projected to decrease to roughly 2.7 B. . At this time, MGIC Investment's Price To Free Cash Flows Ratio is most likely to slightly grow in the upcoming years. The MGIC Investment's current Price To Book Ratio is estimated to increase to 2.10, while Price Earnings Ratio is projected to decrease to 7.56. MGIC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of August 1991 | 200 Day MA 22.5915 | 50 Day MA 25.19 | Beta 1.273 |
MGIC |
Sharpe Ratio = 0.0602
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | MTG | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average MGIC Investment is performing at about 4% 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 MGIC Investment by adding it to a well-diversified portfolio.
Price Book 1.2204 | Price Sales 5.4281 | Shares Float 249.2 M | Dividend Share 0.475 | Wall Street Target Price 26.2143 |
MGIC Investment Valuation on July 25, 2024
It is possible to determine the worth of MGIC Investment on a given historical date. On July 25, 2024 MGIC was worth 23.37 at the beginning of the trading date compared to the closed value of 24.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MGIC Investment stock. Still, in general, we apply an absolute valuation method to find MGIC Investment'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 MGIC Investment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MGIC Investment's related companies.
| Open | High | Low | Close | Volume | |
| 23.29 | 23.45 | 23.07 | 23.11 | 1,616,058 | |
07/25/2024 | 23.37 | 24.24 | 23.23 | 24.17 | 3,953,635 |
| 24.33 | 24.63 | 24.22 | 24.61 | 1,834,506 |
| Backtest MGIC Investment | | | MGIC Investment History | | | MGIC Investment Valuation | Previous | Next |
MGIC Investment Trading Date Momentum on July 25, 2024
| On July 26 2024 MGIC Investment Corp was traded for 24.61 at the closing time. Highest MGIC Investment's price during the trading hours was 24.63 and the lowest price during the day was 24.22 . The net volume was 1.8 M. The overall trading history on the 26th of July contributed to the next trading period price rise. The trading delta at closing time to the next next day price was 1.82% . The trading delta at closing time to current price is 4.34% . |
MGIC Investment Corp Fundamentals Correlations and Trends
By evaluating MGIC Investment'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 MGIC Investment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MGIC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MGIC Investment Stock history
MGIC Investment 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 MGIC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MGIC Investment Corp 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 MGIC Investment stock prices may prove useful in developing a viable investing in MGIC Investment
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 287.2 M | 225.9 M | |
| Net Income Applicable To Common Shares | 995.2 M | 1 B |
MGIC Investment Stock Technical Analysis
MGIC Investment 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
MGIC Investment Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
MGIC Investment Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
MGIC Investment November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how MGIC Investment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MGIC Investment shares will generate the highest return on investment. By undertsting and applying MGIC Investment stock market strength indicators, traders can identify MGIC Investment Corp entry and exit signals to maximize returns
MGIC Investment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MGIC Investment's price direction in advance. Along with the technical and fundamental analysis of MGIC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MGIC 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 | 0.0562 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0923 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for MGIC Stock analysis
When running MGIC Investment's price analysis, check to measure MGIC Investment'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 MGIC Investment is operating at the current time. Most of MGIC Investment's value examination focuses on studying past and present price action to predict the probability of MGIC Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGIC Investment's price. Additionally, you may evaluate how the addition of MGIC Investment to your portfolios can decrease your overall portfolio volatility.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |