Magna Mining's market value is the price at which a share of Magna Mining trades on a public exchange. It measures the collective expectations of Magna Mining investors about its performance. Magna Mining is trading at 2.10 as of the 14th of January 2026. This is a 2.94% up since the beginning of the trading day. The stock's lowest day price was 2.1. With this module, you can estimate the performance of a buy and hold strategy of Magna Mining and determine expected loss or profit from investing in Magna Mining over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Symbol
Magna
Magna Mining 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Magna Mining's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Magna Mining.
0.00
07/23/2024
No Change 0.00
0.0
In 1 year 5 months and 25 days
01/14/2026
0.00
If you would invest 0.00 in Magna Mining on July 23, 2024 and sell it all today you would earn a total of 0.00 from holding Magna Mining or generate 0.0% return on investment in Magna Mining over 540 days.
Magna Mining Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Magna Mining's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Magna Mining upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Magna Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Magna Mining's standard deviation. In reality, there are many statistical measures that can use Magna Mining historical prices to predict the future Magna Mining's volatility.
Magna Mining is dangerous given 3 months investment horizon. Magna Mining has Sharpe Ratio of 0.23, which conveys that the firm had a 0.23 % return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.01% are justified by taking the suggested risk. Use Magna Mining Mean Deviation of 3.1, downside deviation of 2.71, and Risk Adjusted Performance of 0.1838 to evaluate company specific risk that cannot be diversified away. Magna Mining holds a performance score of 18 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.62, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Magna Mining are expected to decrease at a much lower rate. During the bear market, Magna Mining is likely to outperform the market. Use Magna Mining mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to analyze future returns on Magna Mining.
Auto-correlation
0.00
No correlation between past and present
Magna Mining has no correlation between past and present. Overlapping area represents the amount of predictability between Magna Mining time series from 23rd of July 2024 to 19th of April 2025 and 19th of April 2025 to 14th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Magna Mining price movement. The serial correlation of 0.0 indicates that just 0.0% of current Magna Mining price fluctuation can be explain by its past prices.
Correlation Coefficient
0.0
Spearman Rank Test
0.0
Residual Average
0.0
Price Variance
0.0
Magna Mining lagged returns against current returns
Autocorrelation, which is Magna Mining stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Magna Mining's stock expected returns. We can calculate the autocorrelation of Magna Mining returns to help us make a trade decision. For example, suppose you find that Magna Mining has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Magna Mining regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Magna Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Magna Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Magna Mining stock over time.
Current vs Lagged Prices
Timeline
Magna Mining Lagged Returns
When evaluating Magna Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Magna Mining stock have on its future price. Magna Mining autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Magna Mining autocorrelation shows the relationship between Magna Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Magna Mining.