Magellan Energy Stock Market Value
Magellan Energy's market value is the price at which a share of Magellan Energy trades on a public exchange. It measures the collective expectations of Magellan Energy investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Magellan Energy and determine expected loss or profit from investing in Magellan Energy over a given investment horizon. Check out Magellan Energy Correlation, Magellan Energy Volatility and Magellan Energy Alpha and Beta module to complement your research on Magellan Energy. For more detail on how to invest in Magellan Stock please use our How to Invest in Magellan Energy guide.
| Symbol | Magellan |
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magellan Energy. If investors know Magellan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magellan Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Revenue Growth (0.32) | Return On Assets (0.05) | Return On Equity (0.99) |
The market value of Magellan Energy is measured differently than its book value, which is the value of Magellan that is recorded on the company's balance sheet. Investors also form their own opinion of Magellan Energy's value that differs from its market value or its book value, called intrinsic value, which is Magellan Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magellan Energy's market value can be influenced by many factors that don't directly affect Magellan Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magellan Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magellan Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magellan Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Magellan Energy '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 Magellan Energy'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 Magellan Energy.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Magellan Energy on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Magellan Energy or generate 0.0% return on investment in Magellan Energy over 30 days. Magellan Energy is related to or competes with ConocoPhillips, Occidental Petroleum, EOG Resources, and Coterra Energy. Magellan Energy, Ltd. focuses on the development, acquisition, stimulation, and rehabilitation of small to medium-sized ... More
Magellan Energy 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 Magellan Energy'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 Magellan Energy upside and downside potential and time the market with a certain degree of confidence.
Magellan Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Magellan Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Magellan Energy's standard deviation. In reality, there are many statistical measures that can use Magellan Energy historical prices to predict the future Magellan Energy's volatility.Magellan Energy Backtested Returns
We have found zero technical indicators for Magellan Energy, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Magellan Energy are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Magellan Energy has no correlation between past and present. Overlapping area represents the amount of predictability between Magellan Energy time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Magellan Energy price movement. The serial correlation of 0.0 indicates that just 0.0% of current Magellan Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Magellan Energy lagged returns against current returns
Autocorrelation, which is Magellan Energy 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 Magellan Energy's stock expected returns. We can calculate the autocorrelation of Magellan Energy returns to help us make a trade decision. For example, suppose you find that Magellan Energy 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 |
Magellan Energy 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 Magellan Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Magellan Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Magellan Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Magellan Energy Lagged Returns
When evaluating Magellan Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Magellan Energy stock have on its future price. Magellan Energy 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, Magellan Energy autocorrelation shows the relationship between Magellan Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Magellan Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Magellan Energy is a strong investment it is important to analyze Magellan Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Magellan Energy's future performance. For an informed investment choice regarding Magellan Stock, refer to the following important reports:Check out Magellan Energy Correlation, Magellan Energy Volatility and Magellan Energy Alpha and Beta module to complement your research on Magellan Energy. For more detail on how to invest in Magellan Stock please use our How to Invest in Magellan Energy guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Magellan Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.