Magna International Stock Performance
| MG Stock | CAD 65.05 2.00 3.17% |
On a scale of 0 to 100, Magna International holds a performance score of 9. The company secures a Beta (Market Risk) of 0.38, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Magna International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Magna International is expected to be smaller as well. Please check Magna International's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Magna International's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Magna International are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, Magna International displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0425 | Payout Ratio 0.381 | Last Split Factor 2:1 | Forward Dividend Rate 2.68 | Dividend Date 2024-11-29 |
1 | Is Magna International Stock a Buy for its 4.4 percent Dividend Yield - The Motley Fool Canada | 11/19/2024 |
| Begin Period Cash Flow | 1.2 B |
Magna |
Magna International Relative Risk vs. Return Landscape
If you would invest 5,595 in Magna International on August 28, 2024 and sell it today you would earn a total of 910.00 from holding Magna International or generate 16.26% return on investment over 90 days. Magna International is currently producing 0.2654% returns and takes up 2.1154% volatility of returns over 90 trading days. Put another way, 18% of traded stocks are less volatile than Magna, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Magna International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Magna International's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Magna International, and traders can use it to determine the average amount a Magna International's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1254
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.12 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Magna International is performing at about 9% 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 International by adding it to a well-diversified portfolio.
Magna International Fundamentals Growth
Magna Stock prices reflect investors' perceptions of the future prospects and financial health of Magna International, and Magna International fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Magna Stock performance.
| Return On Equity | 0.0949 | ||||
| Return On Asset | 0.0393 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 27.24 B | ||||
| Shares Outstanding | 287.34 M | ||||
| Price To Earning | 26.34 X | ||||
| Price To Book | 1.06 X | ||||
| Price To Sales | 0.42 X | ||||
| Revenue | 42.8 B | ||||
| Gross Profit | 4.65 B | ||||
| EBITDA | 3.98 B | ||||
| Net Income | 1.29 B | ||||
| Cash And Equivalents | 720 M | ||||
| Cash Per Share | 5.76 X | ||||
| Total Debt | 7.22 B | ||||
| Debt To Equity | 0.45 % | ||||
| Current Ratio | 1.30 X | ||||
| Book Value Per Share | 42.72 X | ||||
| Cash Flow From Operations | 3.15 B | ||||
| Earnings Per Share | 5.25 X | ||||
| Market Capitalization | 18.12 B | ||||
| Total Asset | 32.26 B | ||||
| Retained Earnings | 9.3 B | ||||
| Working Capital | 803 M | ||||
About Magna International Performance
By examining Magna International's fundamental ratios, stakeholders can obtain critical insights into Magna International's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Magna International is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 42.77 | 43.66 | |
| Return On Tangible Assets | 0.04 | 0.05 | |
| Return On Capital Employed | 0.14 | 0.17 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.10 | 0.07 |
Things to note about Magna International performance evaluation
Checking the ongoing alerts about Magna International for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Magna International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 77.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Is Magna International Stock a Buy for its 4.4 percent Dividend Yield - The Motley Fool Canada |
- Analyzing Magna International's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Magna International's stock is overvalued or undervalued compared to its peers.
- Examining Magna International's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Magna International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Magna International's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Magna International's stock. These opinions can provide insight into Magna International's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.