MAGNA INTL Number Of Employees vs. Price To Earnings To Growth
| MGA Stock | EUR 42.00 1.22 2.82% |
For MAGNA INTL profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MAGNA INTL to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MAGNA INTL utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MAGNA INTL's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MAGNA INTL over time as well as its relative position and ranking within its peers.
MAGNA |
MAGNA INTL Price To Earnings To Growth vs. Number Of Employees Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MAGNA INTL's current stock value. Our valuation model uses many indicators to compare MAGNA INTL value to that of its competitors to determine the firm's financial worth. MAGNA INTL is considered to be number one stock in number of employees category among its peers. It also is considered to be number one stock in price to earnings to growth category among its peers producing about 0.01 of Price To Earnings To Growth per Number Of Employees. The ratio of Number Of Employees to Price To Earnings To Growth for MAGNA INTL is roughly 72.86 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MAGNA INTL's earnings, one of the primary drivers of an investment's value.MAGNA Number Of Employees vs. Competition
MAGNA INTL is considered to be number one stock in number of employees category among its peers. The total workforce of Other industry is now estimated at about 100,132. MAGNA INTL adds roughly 28.0 in number of employees claiming only tiny portion of all equities under Other industry.
MAGNA Price To Earnings To Growth vs. Number Of Employees
Number of Employees shows the total number of permanent full time and part time employees working for a given company and processed through its payroll.
MAGNA INTL |
| = | 28 |
Employee typically refers to an individual working under a contract of employment, whether oral or written, express or implied, and has recognized his or her rights and duties. Most officers of corporations are included as employees and contractors are generally excluded.
PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
MAGNA INTL |
| = | 0.38 X |
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
MAGNA Price To Earnings To Growth Comparison
MAGNA INTL is currently under evaluation in price to earnings to growth category among its peers.
MAGNA Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MAGNA INTL. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MAGNA INTL position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MAGNA INTL's important profitability drivers and their relationship over time.
Use MAGNA INTL in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MAGNA INTL position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MAGNA INTL will appreciate offsetting losses from the drop in the long position's value.MAGNA INTL Pair Trading
MAGNA INTL Pair Trading Analysis
The ability to find closely correlated positions to MAGNA INTL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MAGNA INTL when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MAGNA INTL - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MAGNA INTL to buy it.
The correlation of MAGNA INTL is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MAGNA INTL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MAGNA INTL moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MAGNA INTL can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your MAGNA INTL position
In addition to having MAGNA INTL in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Developed Markets Basket ETFs Thematic Idea Now
Developed Markets Basket ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Developed Markets Basket ETFs theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Developed Markets Basket ETFs Theme or any other thematic opportunities.
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Other Information on Investing in MAGNA Stock
To fully project MAGNA INTL's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of MAGNA INTL at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include MAGNA INTL's income statement, its balance sheet, and the statement of cash flows.