Magnolia Oil Gas Corp Stock Price Up 3.27 percent on Oct 3
MGY Stock | USD 23.20 0.12 0.51% |
Slightly above 60% of Magnolia Oil's investor base is looking to short. The current sentiment of investing in Magnolia Oil Gas suggests that many traders are alarmed. Magnolia Oil's investing sentiment can be driven by a variety of factors including economic data, Magnolia Oil's earnings reports, geopolitical events, and overall market trends.
Shares of Magnolia Oil Gas Corp surged 3.27 percent in mid-day trading on Oct 3. The stock reached an intraday high of 26.04, before settling at 26.03, u
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Magnolia Oil Gas Current Investor Sentiment
Comfort Level 40
Impartial
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Magnolia Oil's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Magnolia Oil Gas.
News SentimentBullish | Hype SentimentBearish | Insider SentimentDisposing |
Magnolia Oil Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Magnolia Oil can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Magnolia Oil Gas Historical Investor Sentiment
Investor biases related to Magnolia Oil's public news can be used to forecast risks associated with an investment in Magnolia. The trend in average sentiment can be used to explain how an investor holding Magnolia can time the market purely based on public headlines and social activities around Magnolia Oil Gas. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Magnolia Oil's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Magnolia Oil and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Magnolia Oil news discussions. The higher the estimate score, the more favorable the investor's outlook on Magnolia Oil.
Magnolia Oil Fundamental Analysis
We analyze Magnolia Oil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magnolia Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magnolia Oil 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
Magnolia Oil 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.
Magnolia Oil Gas 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 Magnolia Oil stock to make a market-neutral strategy. Peer analysis of Magnolia Oil could also be used in its relative valuation, which is a method of valuing Magnolia Oil by comparing valuation metrics with similar companies.
Peers
Magnolia Oil Related Equities
SM | SM Energy | 0.16 | ||||
RRC | Range Resources | 0.1 | ||||
CRK | Comstock Resources | 0.34 | ||||
PR | Permian Resources | 0.57 | ||||
HES | Hess | 0.68 | ||||
VTLE | Vital Energy | 0.71 | ||||
MTDR | Matador Resources | 1.10 | ||||
CIVI | Civitas Resources | 1.42 | ||||
CHRD | Chord Energy | 1.75 | ||||
OBE | Obsidian Energy | 2.14 | ||||
REI | Ring Energy | 4.08 |
Additional Tools for Magnolia Stock Analysis
When running Magnolia Oil's price analysis, check to measure Magnolia Oil'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 Magnolia Oil is operating at the current time. Most of Magnolia Oil's value examination focuses on studying past and present price action to predict the probability of Magnolia Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnolia Oil's price. Additionally, you may evaluate how the addition of Magnolia Oil to your portfolios can decrease your overall portfolio volatility.