Magplane Technology Stock Fundamentals
| MAGP Stock | USD 0.0001 0.00 0.00% |
Magplane Technology fundamentals help investors to digest information that contributes to Magplane Technology's financial success or failures. It also enables traders to predict the movement of Magplane Stock. The fundamental analysis module provides a way to measure Magplane Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Magplane Technology stock.
As of 11/25/2024, Selling General Administrative is likely to drop to about 131 K. In addition to that, Other Operating Expenses is likely to drop to 1,264. Magplane | Select Account or Indicator |
Magplane Technology Company Current Valuation Analysis
Magplane Technology's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Magplane Technology Current Valuation | 152 |
Most of Magplane Technology's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Magplane Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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In accordance with the recently published financial statements, Magplane Technology has a Current Valuation of 152. This is 100.0% lower than that of the Ground Transportation sector and 100.0% lower than that of the Industrials industry. The current valuation for all United States stocks is 100.0% higher than that of the company.
Magplane Technology Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Magplane Technology's current stock value. Our valuation model uses many indicators to compare Magplane Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magplane Technology competition to find correlations between indicators driving Magplane Technology's intrinsic value. More Info.Magplane Technology is considered to be number one stock in return on asset category among its peers. It also is rated top company in current valuation category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Magplane Technology by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Magplane Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Magplane Technology's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Magplane Technology could also be used in its relative valuation, which is a method of valuing Magplane Technology by comparing valuation metrics of similar companies.Magplane Technology is currently under evaluation in current valuation category among its peers.
Magplane Fundamentals
| Return On Asset | -0.82 | ||||
| Current Valuation | 152 | ||||
| Shares Outstanding | 187 M | ||||
| Net Income | (203.48 K) | ||||
| Current Ratio | 0.14 X | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (82.52 K) | ||||
| Beta | 0.52 | ||||
| Market Capitalization | 18.7 K |
About Magplane Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Magplane Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magplane Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magplane Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year |
Pair Trading with Magplane Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Magplane Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Magplane Technology will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Magplane Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magplane Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Magplane Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Magplane Technology to buy it.
The correlation of Magplane Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Magplane Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magplane Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Magplane Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Magplane Stock Analysis
When running Magplane Technology's price analysis, check to measure Magplane Technology'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 Magplane Technology is operating at the current time. Most of Magplane Technology's value examination focuses on studying past and present price action to predict the probability of Magplane Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magplane Technology's price. Additionally, you may evaluate how the addition of Magplane Technology to your portfolios can decrease your overall portfolio volatility.