Magna Mining Stock Performance
| MGMNF Stock | 1.02 0.03 2.86% |
On a scale of 0 to 100, Magna Mining holds a performance score of 14. The company secures a Beta (Market Risk) of 1.65, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Magna Mining will likely underperform. Please check Magna Mining's jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Magna Mining's current price movements will revert.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Magna Mining are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Magna Mining reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.5 M | |
| Total Cashflows From Investing Activities | 320 K |
Magna |
Magna Mining Relative Risk vs. Return Landscape
If you would invest 60.00 in Magna Mining on August 30, 2024 and sell it today you would earn a total of 42.00 from holding Magna Mining or generate 70.0% return on investment over 90 days. Magna Mining is currently producing 0.9566% returns and takes up 5.2143% volatility of returns over 90 trading days. Put another way, 46% of traded pink sheets are less volatile than Magna, and 81% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Magna Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Magna Mining's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Magna Mining, and traders can use it to determine the average amount a Magna Mining'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 = 0.1834
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Estimated Market Risk
| 5.21 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.96 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Magna Mining is performing at about 14% 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 Magna Mining by adding it to a well-diversified portfolio.
Magna Mining Fundamentals Growth
Magna Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Magna Mining, and Magna Mining 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 Magna Pink Sheet performance.
| Return On Equity | -2.26 | |||
| Return On Asset | -0.22 | |||
| Current Valuation | 71.3 M | |||
| Shares Outstanding | 157.2 M | |||
| Price To Book | 81.68 X | |||
| EBITDA | (6.82 M) | |||
| Total Debt | 28.71 K | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | (5.77 M) | |||
| Total Asset | 6.99 M | |||
About Magna Mining Performance
By analyzing Magna Mining's fundamental ratios, stakeholders can gain valuable insights into Magna Mining's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Magna Mining 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 Magna Mining has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Magna Mining performance evaluation
Checking the ongoing alerts about Magna Mining for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Magna Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Magna Mining is way too risky over 90 days horizon | |
| Magna Mining has some characteristics of a very speculative penny stock | |
| Magna Mining appears to be risky and price may revert if volatility continues | |
| Magna Mining has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (6.76 M) with loss before overhead, payroll, taxes, and interest of (199.72 K). | |
| Magna Mining generates negative cash flow from operations | |
| About 36.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Magna Mining'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 Magna Mining's stock is overvalued or undervalued compared to its peers.
- Examining Magna Mining'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 Magna Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Magna Mining's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Magna Mining's pink sheet. These opinions can provide insight into Magna Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Magna Pink Sheet analysis
When running Magna Mining's price analysis, check to measure Magna Mining'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 Magna Mining is operating at the current time. Most of Magna Mining's value examination focuses on studying past and present price action to predict the probability of Magna Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna Mining's price. Additionally, you may evaluate how the addition of Magna Mining to your portfolios can decrease your overall portfolio volatility.
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