Mag Silver Corp Stock Performance
| MAG Stock | CAD 23.22 1.03 4.25% |
MAG Silver has a performance score of 3 on a scale of 0 to 100. The firm secures a Beta (Market Risk) of 0.56, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MAG Silver's returns are expected to increase less than the market. However, during the bear market, the loss of holding MAG Silver is expected to be smaller as well. MAG Silver Corp at this time secures a risk of 2.55%. Please verify MAG Silver Corp value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to decide if MAG Silver Corp will be following its current price movements.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in MAG Silver Corp are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of very weak technical and fundamental indicators, MAG Silver may actually be approaching a critical reversion point that can send shares even higher in March 2025. ...more
1 | MAG Silver Corp. Given Consensus Recommendation of Moderate Buy by Analysts - MarketBeat | 11/21/2024 |
2 | Scotiabank Estimates MAG Silvers FY2024 Earnings - MarketBeat | 01/10/2025 |
3 | MAG Silver Corp. Reports Production Results from Juanicipio for the Fourth Quarter and Year Ended December 31, 2024 - Marketscreener.com | 01/29/2025 |
4 | Q4 Earnings Forecast for MAG Silver Issued By Raymond James - MarketBeat | 02/04/2025 |
5 | Van ECK Associates Corp Decreases Stock Holdings in MAG Silver Corp. - MarketBeat | 02/14/2025 |
| Begin Period Cash Flow | 30 M |
MAG |
MAG Silver Relative Risk vs. Return Landscape
If you would invest 2,210 in MAG Silver Corp on November 18, 2024 and sell it today you would earn a total of 112.00 from holding MAG Silver Corp or generate 5.07% return on investment over 90 days. MAG Silver Corp is generating 0.1102% of daily returns assuming 2.5518% volatility of returns over the 90 days investment horizon. Simply put, 22% of all stocks have less volatile historical return distribution than MAG Silver, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
MAG Silver Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MAG Silver's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MAG Silver Corp, and traders can use it to determine the average amount a MAG Silver's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0432
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Estimated Market Risk
| 2.55 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average MAG Silver is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MAG Silver by adding it to a well-diversified portfolio.
MAG Silver Fundamentals Growth
MAG Stock prices reflect investors' perceptions of the future prospects and financial health of MAG Silver, and MAG Silver fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on MAG Stock performance.
| Return On Equity | 0.14 | ||||
| Return On Asset | -0.0169 | ||||
| Current Valuation | 2.24 B | ||||
| Shares Outstanding | 103.31 M | ||||
| Price To Earning | (20.66) X | ||||
| Price To Book | 2.96 X | ||||
| EBITDA | (13.98 M) | ||||
| Net Income | 48.66 M | ||||
| Cash And Equivalents | 29.95 M | ||||
| Cash Per Share | 0.93 X | ||||
| Total Debt | 154 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 116.52 X | ||||
| Book Value Per Share | 5.53 X | ||||
| Cash Flow From Operations | (8.95 M) | ||||
| Earnings Per Share | 1.02 X | ||||
| Market Capitalization | 2.4 B | ||||
| Total Asset | 520.53 M | ||||
| Retained Earnings | (129.15 M) | ||||
| Working Capital | 67.26 M | ||||
| Current Asset | 96.37 M | ||||
| Current Liabilities | 1.66 M | ||||
About MAG Silver Performance
By examining MAG Silver's fundamental ratios, stakeholders can obtain critical insights into MAG Silver's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that MAG Silver is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 1.80 | 1.84 | |
| Return On Tangible Assets | 0.08 | 0.09 | |
| Return On Capital Employed | 0.09 | 0.09 | |
| Return On Assets | 0.08 | 0.09 | |
| Return On Equity | 0.09 | 0.09 |
Things to note about MAG Silver Corp performance evaluation
Checking the ongoing alerts about MAG Silver for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MAG Silver Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| MAG Silver Corp has accumulated about 29.95 M in cash with (8.95 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.93. | |
| Roughly 56.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Van ECK Associates Corp Decreases Stock Holdings in MAG Silver Corp. - MarketBeat |
- Analyzing MAG Silver's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether MAG Silver's stock is overvalued or undervalued compared to its peers.
- Examining MAG Silver's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating MAG Silver's management team can have a significant impact on its success or failure. Reviewing the track record and experience of MAG Silver's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MAG Silver's stock. These opinions can provide insight into MAG Silver's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.