Magnum Goldcorp Stock Performance
| MGI Stock | CAD 0.05 0.02 28.57% |
Magnum Goldcorp holds a performance score of 12 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, Magnum Goldcorp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Magnum Goldcorp is expected to be smaller as well. Use Magnum Goldcorp semi variance, day typical price, and the relationship between the maximum drawdown and accumulation distribution , to analyze future returns on Magnum Goldcorp.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Magnum Goldcorp are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Magnum Goldcorp showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:4 | Dividend Date 2020-03-06 | Last Split Date 2024-11-15 |
1 | Entourage Health Hits New 1-Year Low at 0.01 - Defense World | 09/18/2024 |
2 | Magnum Goldcorp to Consolidate Shares for Growth - TipRanks | 11/12/2024 |
| Begin Period Cash Flow | 9558.00 |
Magnum |
Magnum Goldcorp Relative Risk vs. Return Landscape
If you would invest 2.00 in Magnum Goldcorp on August 26, 2024 and sell it today you would earn a total of 3.00 from holding Magnum Goldcorp or generate 150.0% return on investment over 90 days. Magnum Goldcorp is currently producing 4.1239% returns and takes up 26.7074% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Magnum, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Magnum Goldcorp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Magnum Goldcorp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Magnum Goldcorp, and traders can use it to determine the average amount a Magnum Goldcorp'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 = 0.1544
| Best Portfolio | Best Equity | MGI | ||
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Estimated Market Risk
| 26.71 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.12 actual daily | 82 82% of assets have lower returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Magnum Goldcorp is performing at about 12% 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 Magnum Goldcorp by adding it to a well-diversified portfolio.
Magnum Goldcorp Fundamentals Growth
Magnum Stock prices reflect investors' perceptions of the future prospects and financial health of Magnum Goldcorp, and Magnum Goldcorp 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 Magnum Stock performance.
| Return On Equity | -0.0212 | ||||
| Return On Asset | -0.0092 | ||||
| Current Valuation | 680 K | ||||
| Shares Outstanding | 9.65 M | ||||
| Price To Earning | (5.71) X | ||||
| Price To Book | 0.20 X | ||||
| EBITDA | (291.26 K) | ||||
| Net Income | (76.84 K) | ||||
| Cash And Equivalents | 333 | ||||
| Total Debt | 3 K | ||||
| Debt To Equity | 3.30 % | ||||
| Book Value Per Share | 0.09 X | ||||
| Cash Flow From Operations | (23.75 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Total Asset | 3.61 M | ||||
| Retained Earnings | (1.99 M) | ||||
About Magnum Goldcorp Performance
Evaluating Magnum Goldcorp's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Magnum Goldcorp has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Magnum Goldcorp has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Magnum Goldcorp Inc. engages in the acquisition and exploration of mineral resource properties in Canada. Magnum Goldcorp Inc. was incorporated in 2011 and is based in West Vancouver, Canada. MAGNUM GOLDCORP operates under Gold classification in Canada and is traded on TSX Venture Exchange.Things to note about Magnum Goldcorp performance evaluation
Checking the ongoing alerts about Magnum Goldcorp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Magnum Goldcorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Magnum Goldcorp is way too risky over 90 days horizon | |
| Magnum Goldcorp has some characteristics of a very speculative penny stock | |
| Magnum Goldcorp appears to be risky and price may revert if volatility continues | |
| Magnum Goldcorp has accumulated 3 K in total debt with debt to equity ratio (D/E) of 3.3, implying the company greatly relies on financing operations through barrowing. Magnum Goldcorp has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Magnum Goldcorp until it has trouble settling it off, either with new capital or with free cash flow. So, Magnum Goldcorp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Magnum Goldcorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Magnum to invest in growth at high rates of return. When we think about Magnum Goldcorp's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (76.84 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Magnum Goldcorp has accumulated about 333 in cash with (23.75 K) of positive cash flow from operations. | |
| Roughly 35.0% of Magnum Goldcorp outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Magnum Goldcorp to Consolidate Shares for Growth - TipRanks |
- Analyzing Magnum Goldcorp'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 Magnum Goldcorp's stock is overvalued or undervalued compared to its peers.
- Examining Magnum Goldcorp'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 Magnum Goldcorp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Magnum Goldcorp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Magnum Goldcorp's stock. These opinions can provide insight into Magnum Goldcorp's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Magnum Stock Analysis
When running Magnum Goldcorp's price analysis, check to measure Magnum Goldcorp'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 Magnum Goldcorp is operating at the current time. Most of Magnum Goldcorp's value examination focuses on studying past and present price action to predict the probability of Magnum Goldcorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnum Goldcorp's price. Additionally, you may evaluate how the addition of Magnum Goldcorp to your portfolios can decrease your overall portfolio volatility.