Magna International Inc. is a favorite amongst institutional investors who own 70 percent - Yahoo Finance
| MG Stock | CAD 62.78 0.26 0.41% |
About 62% of Magna International's investor base is looking to short. The analysis of current outlook of investing in Magna International suggests that many traders are alarmed regarding Magna International's prospects. Magna International's investing sentiment overview a quick insight into current market opportunities from investing in Magna International. Many technical investors use Magna International stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Magna International Inc. is a favorite amongst institutional investors who own 70 Yahoo Finance
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Magna International Fundamental Analysis
We analyze Magna International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magna International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magna International 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.
Return On Asset
Return On Asset Comparative Analysis
Magna International is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Magna International 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 Magna International stock to make a market-neutral strategy. Peer analysis of Magna International could also be used in its relative valuation, which is a method of valuing Magna International by comparing valuation metrics with similar companies.
Peers
Magna International Related Equities
| NTR | Nutrien | 1.13 | ||||
| CP | Canadian Pacific | 0.60 | ||||
| CNR | Canadian National | 0.17 | ||||
| QSR | Restaurant Brands | 0.22 | ||||
| FTS | Fortis | 0.32 |
Check out Magna International Hype Analysis, Magna International Correlation and Magna International Performance. To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.