Formula Systems Reports First Quarter 2023 Financial Results ... - Marketscreener.com
| MGIC Stock | ILA 4,374 294.00 7.21% |
About 55% of Magic Software's investors are presently thinking to get in. The analysis of current outlook of investing in Magic Software Enterprises suggests that some traders are interested regarding Magic Software's prospects. The current market sentiment, together with Magic Software's historical and current headlines, can help investors time the market. In addition, many technical investors use Magic Software Enter stock news signals to limit their universe of possible portfolio assets.
Magic |
Formula Systems Reports First Quarter 2023 Financial Results ... Marketscreener.com
Read at news.google.com
 |
Magic Software Fundamental Analysis
We analyze Magic Software's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magic Software using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magic Software 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
Magic Software 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.
Magic Software Enter 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 Magic Software stock to make a market-neutral strategy. Peer analysis of Magic Software could also be used in its relative valuation, which is a method of valuing Magic Software by comparing valuation metrics with similar companies.
Peers
Magic Software Related Equities
| NVMI | Nova | 5.22 | ||||
| MTRX | Matrix | 0.60 | ||||
| SPNS | Sapiens International | 1.49 | ||||
| TSEM | Tower Semiconductor | 3.11 |
Complementary Tools for Magic Stock analysis
When running Magic Software's price analysis, check to measure Magic Software'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 Magic Software is operating at the current time. Most of Magic Software's value examination focuses on studying past and present price action to predict the probability of Magic Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magic Software's price. Additionally, you may evaluate how the addition of Magic Software to your portfolios can decrease your overall portfolio volatility.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |