Magna Terra Minerals Stock Price on November 6, 2024
MTT Stock | CAD 0.02 0.01 33.33% |
Below is the normalized historical share price chart for Magna Terra Minerals extending back to August 06, 1996. 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 Magna Terra stands at 0.02, as last reported on the 28th of November, with the highest price reaching 0.03 and the lowest price hitting 0.02 during the day.
If you're considering investing in Magna Stock, it is important to understand the factors that can impact its price. Magna Terra is out of control given 3 months investment horizon. Magna Terra Minerals has Sharpe Ratio of 0.0729, which conveys that the firm had a 0.0729% return per unit of risk over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.61% are justified by taking the suggested risk. Use Magna Terra Minerals Downside Deviation of 35.36, mean deviation of 11.75, and Risk Adjusted Performance of 0.0637 to evaluate company specific risk that cannot be diversified away.
At this time, Magna Terra's Common Stock Shares Outstanding is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 1.5 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 197.3 K in 2024. . Price To Sales Ratio is likely to drop to 10.56 in 2024. Price Earnings Ratio is likely to drop to -2.55 in 2024. Magna Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0294 | 50 Day MA 0.0252 | Beta 1.341 |
Magna |
Sharpe Ratio = 0.0729
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Estimated Market Risk
22.12 actual daily | 96 96% of assets are less volatile |
Expected Return
1.61 actual daily | 32 68% of assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Magna Terra is performing at about 5% 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 Terra by adding it to a well-diversified portfolio.
Price Book 90.5905 | Book Value (0.01) | Enterprise Value 2 M | Enterprise Value Ebitda (2.15) | Shares Float 56.6 M |
Magna Terra Valuation on November 6, 2024
It is possible to determine the worth of Magna Terra on a given historical date. On November 6, 2024 Magna was worth 0.03 at the beginning of the trading date compared to the closed value of 0.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magna Terra stock. Still, in general, we apply an absolute valuation method to find Magna Terra'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 Terra where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magna Terra's related companies.
Open | High | Low | Close | Volume | |
0.03 | 0.03 | 0.03 | 0.03 | 5,000 | |
11/06/2024 | 0.03 | 0.03 | 0.03 | 0.03 | 1.00 |
0.02 | 0.02 | 0.02 | 0.02 | 297,429 |
Backtest Magna Terra | | | Magna Terra History | | | Magna Terra Valuation | Previous | Next |
Magna Terra Trading Date Momentum on November 6, 2024
On November 07 2024 Magna Terra Minerals was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.02 . The daily volume was 297.4 K. The net trading volume on 11/07/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 33.33% . The trading delta at closing time to current closing price is 0.00% . |
Magna Terra Minerals Fundamentals Correlations and Trends
By evaluating Magna Terra'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 Terra'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 Terra Stock history
Magna Terra 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 Terra Minerals 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 Terra stock prices may prove useful in developing a viable investing in Magna Terra
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 78.3 M | 82.2 M | |
Net Loss | -1.3 M | -1.3 M |
Magna Terra Stock Technical Analysis
Magna Terra 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 Terra Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Magna Terra Minerals 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.
Magna Terra November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Magna Terra 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 Terra shares will generate the highest return on investment. By undertsting and applying Magna Terra stock market strength indicators, traders can identify Magna Terra Minerals entry and exit signals to maximize returns
Magna Terra Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Magna Terra'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 | 0.0637 | |||
Jensen Alpha | 1.37 | |||
Total Risk Alpha | (1.87) | |||
Sortino Ratio | 0.0392 | |||
Treynor Ratio | 1.37 |
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Additional Tools for Magna Stock Analysis
When running Magna Terra's price analysis, check to measure Magna Terra'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 Terra is operating at the current time. Most of Magna Terra's value examination focuses on studying past and present price action to predict the probability of Magna Terra'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 Terra's price. Additionally, you may evaluate how the addition of Magna Terra to your portfolios can decrease your overall portfolio volatility.