Short sales on the TSX What bearish investors are betting against - The Globe and Mail
| MGA Stock | EUR 39.30 0.08 0.20% |
About 55% of MAGNA INTL's investor base is interested to short. The analysis of current outlook of investing in MAGNA INTL suggests that many traders are impartial regarding MAGNA INTL's prospects. The current market sentiment, together with MAGNA INTL's historical and current headlines, can help investors time the market. In addition, many technical investors use MAGNA INTL stock news signals to limit their universe of possible portfolio assets.
MAGNA INTL stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of MAGNA daily returns and investor perception about the current price of MAGNA INTL as well as its diversification or hedging effects on your existing portfolios.
MAGNA |
Short sales on the TSX What bearish investors are betting against The Globe and Mail
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MAGNA INTL Fundamental Analysis
We analyze MAGNA INTL's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MAGNA INTL using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MAGNA INTL 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.
Current Valuation
Current Valuation Comparative Analysis
MAGNA INTL is currently under evaluation in current valuation category among its peers. 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.
MAGNA INTL 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 INTL stock to make a market-neutral strategy. Peer analysis of MAGNA INTL could also be used in its relative valuation, which is a method of valuing MAGNA INTL by comparing valuation metrics with similar companies.
Peers
MAGNA INTL Related Equities
| 9XJ | DETALION GAMES | 4.35 | ||||
| 8PM | PennyMac Mortgage | 3.39 | ||||
| 14N1 | New Residential | 0.46 | ||||
| 55O1 | Apollo Investment | 0.75 | ||||
| 4I3 | ECHO INVESTMENT | 0.96 | ||||
| KEC | Keck Seng | 3.85 |
Complementary Tools for MAGNA Stock analysis
When running MAGNA INTL's price analysis, check to measure MAGNA INTL'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 MAGNA INTL is operating at the current time. Most of MAGNA INTL's value examination focuses on studying past and present price action to predict the probability of MAGNA INTL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAGNA INTL's price. Additionally, you may evaluate how the addition of MAGNA INTL to your portfolios can decrease your overall portfolio volatility.
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