Magplane Technology Stock Market Capitalization

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.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Magplane Technology Company Market Capitalization Analysis

Magplane Technology's Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.

Market Cap

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Shares Outstanding

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Share Price

More About Market Capitalization | All Equity Analysis

Current Magplane Technology Market Capitalization

    
  18.7 K  
Most of Magplane Technology's fundamental indicators, such as Market Capitalization, 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.
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Competition

Based on the recorded statements, the market capitalization of Magplane Technology is about 18.7 K. This is 100.0% lower than that of the Ground Transportation sector and 100.0% lower than that of the Industrials industry. The market capitalization for all United States stocks is 100.0% higher than that of the company.

Magplane Market Capitalization 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 Market Capitalization 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 market capitalization category among its peers.

Magplane Fundamentals

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.

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.
Pair CorrelationCorrelation Matching

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.