Are Basic Materials Stocks Lagging MAG Silver This Year?
MAG Stock | USD 15.35 0.01 0.07% |
Roughly 53% of MAG Silver's investor base is interested to short. The analysis of overall sentiment of trading MAG Silver Corp stock suggests that many investors are impartial at this time. The current market sentiment, together with MAG Silver's historical and current headlines, can help investors time the market. In addition, many technical investors use MAG Silver Corp stock news signals to limit their universe of possible portfolio assets.
MAG |
Here is how MAG Silver and Metals Acquisition Ltd have performed compared to their sector so far this year.
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MAG Silver Fundamental Analysis
We analyze MAG Silver's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MAG Silver using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MAG Silver 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.
Cash Flow From Operations
Cash Flow From Operations Comparative Analysis
MAG Silver is currently under evaluation in cash flow from operations category among its peers. Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
MAG Silver Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with MAG Silver stock to make a market-neutral strategy. Peer analysis of MAG Silver could also be used in its relative valuation, which is a method of valuing MAG Silver by comparing valuation metrics with similar companies.
Peers
MAG Silver Related Equities
ISVLF | IMPACT Silver | 6.25 | ||||
ANPMF | Andean Precious | 6.02 | ||||
BADEF | Bald Eagle | 5.13 | ||||
AYASF | Aya Gold | 2.87 | ||||
KOOYF | Kootenay Silver | 1.33 | ||||
DOLLF | Dolly Varden | 1.30 | ||||
SVM | Silvercorp Metals | 1.81 | ||||
GSVRF | Guanajuato Silver | 6.67 | ||||
SLVRF | Silver One | 16.67 |
Complementary Tools for MAG Stock analysis
When running MAG Silver's price analysis, check to measure MAG Silver'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 MAG Silver is operating at the current time. Most of MAG Silver's value examination focuses on studying past and present price action to predict the probability of MAG Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAG Silver's price. Additionally, you may evaluate how the addition of MAG Silver to your portfolios can decrease your overall portfolio volatility.
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