Magnum Opus Acquisition Price on November 28, 2024
OPADelisted Stock | USD 10.49 0.00 0.00% |
If you're considering investing in Magnum Stock, it is important to understand the factors that can impact its price. As of today, the current price of Magnum Opus stands at 10.49, as last reported on the 30th of November, with the highest price reaching 10.49 and the lowest price hitting 10.49 during the day. We have found twenty-five technical indicators for Magnum Opus, which you can use to evaluate the volatility of the firm. Please verify Magnum Opus' Mean Deviation of 0.2269, risk adjusted performance of 0.0558, and Downside Deviation of 0.7255 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
Magnum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Magnum Opus is not performing at its full potential. However, 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 Opus by adding Magnum Opus to a well-diversified portfolio.
Magnum Opus Valuation on November 28, 2024
It is possible to determine the worth of Magnum Opus on a given historical date. On November 28, 2024 Magnum was worth 10.49 at the beginning of the trading date compared to the closed value of 10.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magnum Opus stock. Still, in general, we apply an absolute valuation method to find Magnum Opus' 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 Opus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magnum Opus' related companies.
Open | High | Low | Close | Volume | |
11/30/2024 | 10.49 | 10.49 | 10.49 | 10.49 | 0.00 |
Backtest Magnum Opus | | | Magnum Opus History | | | Magnum Opus Valuation |
Magnum Opus Trading Date Momentum on November 28, 2024
Magnum Opus Acquisition Fundamentals Correlations and Trends
By evaluating Magnum Opus' 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 Opus' 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 Opus Stock history
Magnum Opus 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 Opus Acquisition 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 Opus stock prices may prove useful in developing a viable investing in Magnum Opus
Magnum Opus Acquisition Limited does not have significant operations. The company was founded in 2021 and is based in Central, Hong Kong. Magnum Opus is traded on New York Stock Exchange in the United States.
Magnum Opus Stock Technical Analysis
Magnum Opus 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Magnum Opus Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Magnum Opus Acquisition 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.
Magnum Opus November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Magnum Opus 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 Opus shares will generate the highest return on investment. By undertsting and applying Magnum Opus stock market strength indicators, traders can identify Magnum Opus Acquisition entry and exit signals to maximize returns
Magnum Opus Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Magnum Opus' 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.
Risk Adjusted Performance | 0.0558 | |||
Jensen Alpha | 0.028 | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.14) | |||
Treynor Ratio | 3.04 |
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Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in Magnum Stock
If you are still planning to invest in Magnum Opus Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Magnum Opus' history and understand the potential risks before investing.
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