Magnora ASA (Norway) Performance
| MGN Stock | 23.50 0.20 0.84% |
The company secures a Beta (Market Risk) of -0.29, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Magnora ASA are expected to decrease at a much lower rate. During the bear market, Magnora ASA is likely to outperform the market. At this point, Magnora ASA has a negative expected return of -0.23%. Please make sure to verify Magnora ASA's kurtosis, market facilitation index, and the relationship between the value at risk and rate of daily change , to decide if Magnora ASA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Magnora ASA has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's basic indicators remain quite persistent which may send shares a bit higher in April 2025. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
| Begin Period Cash Flow | 44.8 M | |
| Total Cashflows From Investing Activities | -39.7 M |
Magnora |
Magnora ASA Relative Risk vs. Return Landscape
If you would invest 2,752 in Magnora ASA on December 30, 2024 and sell it today you would lose (402.00) from holding Magnora ASA or give up 14.61% of portfolio value over 90 days. Magnora ASA is producing return of less than zero assuming 2.0094% volatility of returns over the 90 days investment horizon. Simply put, 17% of all stocks have less volatile historical return distribution than Magnora ASA, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Magnora ASA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Magnora ASA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Magnora ASA, and traders can use it to determine the average amount a Magnora ASA'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 = -0.1128
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MGN |
Estimated Market Risk
| 2.01 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Magnora ASA is not performing at its full potential. However, 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 Magnora ASA by adding Magnora ASA to a well-diversified portfolio.
Magnora ASA Fundamentals Growth
Magnora Stock prices reflect investors' perceptions of the future prospects and financial health of Magnora ASA, and Magnora ASA 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 Magnora Stock performance.
| Return On Equity | -0.27 | |||
| Return On Asset | -0.12 | |||
| Operating Margin | (4.23) % | |||
| Current Valuation | 1.31 B | |||
| Shares Outstanding | 66.8 M | |||
| Price To Book | 4.34 X | |||
| Price To Sales | 88.39 X | |||
| Revenue | 15.2 M | |||
| EBITDA | (54.7 M) | |||
| Book Value Per Share | 4.96 X | |||
| Cash Flow From Operations | (23.7 M) | |||
| Earnings Per Share | (1.28) X | |||
| Total Asset | 192.7 M | |||
About Magnora ASA Performance
By examining Magnora ASA's fundamental ratios, stakeholders can obtain critical insights into Magnora ASA'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 Magnora ASA 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.
Things to note about Magnora ASA performance evaluation
Checking the ongoing alerts about Magnora ASA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Magnora ASA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Magnora ASA generated a negative expected return over the last 90 days | |
| Magnora ASA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 15.2 M. Net Loss for the year was (62.8 M) with profit before overhead, payroll, taxes, and interest of 15.2 M. | |
| Magnora ASA generates negative cash flow from operations | |
| About 40.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Magnora ASA'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 Magnora ASA's stock is overvalued or undervalued compared to its peers.
- Examining Magnora ASA'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 Magnora ASA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Magnora ASA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Magnora ASA's stock. These opinions can provide insight into Magnora ASA's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Magnora Stock
Magnora ASA financial ratios help investors to determine whether Magnora Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Magnora with respect to the benefits of owning Magnora ASA security.