MAGIC SOFTWARE Total Debt vs. Price To Sales
| MGK Stock | 12.00 1.00 9.09% |
For MAGIC SOFTWARE profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MAGIC SOFTWARE to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MAGIC SOFTWARE ENTR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MAGIC SOFTWARE's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MAGIC SOFTWARE ENTR over time as well as its relative position and ranking within its peers.
MAGIC |
MAGIC SOFTWARE ENTR Price To Sales vs. Total Debt Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MAGIC SOFTWARE's current stock value. Our valuation model uses many indicators to compare MAGIC SOFTWARE value to that of its competitors to determine the firm's financial worth. MAGIC SOFTWARE ENTR is rated top company in total debt category among its peers. It is regarded third in price to sales category among its peers . The ratio of Total Debt to Price To Sales for MAGIC SOFTWARE ENTR is about 14,221,705 . 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 MAGIC SOFTWARE's earnings, one of the primary drivers of an investment's value.MAGIC Total Debt vs. Competition
MAGIC SOFTWARE ENTR is rated top company in total debt category among its peers. Total debt of Other industry is now estimated at about 3.58 Billion. MAGIC SOFTWARE maintains roughly 20.16 Million in total debt contributing less than 1% to all equities under Other industry.
MAGIC Price To Sales vs. Total Debt
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
MAGIC SOFTWARE |
| = | 20.16 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
MAGIC SOFTWARE |
| = | 1.42 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
MAGIC Price To Sales Comparison
MAGIC SOFTWARE is currently under evaluation in price to sales category among its peers.
MAGIC Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MAGIC SOFTWARE. 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 MAGIC SOFTWARE 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 MAGIC SOFTWARE's important profitability drivers and their relationship over time.
Use MAGIC SOFTWARE 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 MAGIC SOFTWARE 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 MAGIC SOFTWARE will appreciate offsetting losses from the drop in the long position's value.MAGIC SOFTWARE Pair Trading
MAGIC SOFTWARE ENTR Pair Trading Analysis
The ability to find closely correlated positions to MAGIC SOFTWARE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MAGIC SOFTWARE 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 MAGIC SOFTWARE - 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 MAGIC SOFTWARE ENTR to buy it.
The correlation of MAGIC SOFTWARE 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 MAGIC SOFTWARE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MAGIC SOFTWARE ENTR 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 MAGIC SOFTWARE 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 MAGIC SOFTWARE position
In addition to having MAGIC SOFTWARE 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 Software Thematic Idea Now
Software
Companies that develop and distribute software and software systems to individuals or business. The Software theme has 42 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 Software Theme or any other thematic opportunities.
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Additional Tools for MAGIC Stock Analysis
When running MAGIC SOFTWARE's price analysis, check to measure MAGIC SOFTWARE'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 MAGIC SOFTWARE is operating at the current time. Most of MAGIC SOFTWARE's value examination focuses on studying past and present price action to predict the probability of MAGIC SOFTWARE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAGIC SOFTWARE's price. Additionally, you may evaluate how the addition of MAGIC SOFTWARE to your portfolios can decrease your overall portfolio volatility.