Magic Empire Global Stock Analysis

Magic Stock Analysis Notes

About 52.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.58. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Magic Empire Global has Price/Earnings (P/E) ratio of 250.0. The entity last dividend was issued on the 13th of October 2023. Magic Empire Global Limited provides initial public offering sponsorship, financial and independent financial advisory, post-listing compliance advisory, and underwriting services to corporations in Hong Kong. The company was incorporated in 2016 and is headquartered in Central, Hong Kong. Magic Empire is traded on NASDAQ Exchange in the United States. To find out more about Magic Empire Global contact Sze Chen at 852 3577 8770 or learn more at https://www.meglmagic.com.

Magic Empire Global Investment Alerts

Magic Empire Global Upcoming and Recent Events

Magic Stock Institutional Investors

Note, although Magic Empire's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Magic Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 10.13 M.

Magic Profitablity

The company has Profit Margin (PM) of (0.04) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.19) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.19.

Management Efficiency

Return On Tangible Assets is expected to rise to -0.0033 this year. Return On Capital Employed is expected to rise to -0.02 this year. At this time, Magic Empire's Non Current Assets Total are quite stable compared to the past year. Non Currrent Assets Other is expected to rise to about 4 M this year, although the value of Net Tangible Assets will most likely fall to about 4.7 M. Magic Empire's management efficiency ratios could be used to measure how well Magic Empire manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 26th of November, Magic Empire secures the Mean Deviation of 4.23, downside deviation of 5.53, and Risk Adjusted Performance of 0.0426. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Magic Empire Global, as well as the relationship between them. Please verify Magic Empire Global variance, as well as the relationship between the maximum drawdown and semi variance to decide if Magic Empire Global is priced some-what accurately, providing market reflects its recent price of 0.53 per share. As Magic Empire Global is a penny stock we also strongly advise to check its total risk alpha numbers.

Magic Empire Global Price Movement Analysis

Magic Empire Predictive Daily Indicators

Magic Empire Forecast Models

Magic Empire's time-series forecasting models are one of many Magic Empire's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Magic Empire's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Magic Empire prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Magic shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Magic Empire. By using and applying Magic Stock analysis, traders can create a robust methodology for identifying Magic entry and exit points for their positions.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Empire Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magic Empire. If investors know Magic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magic Empire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Magic Empire Global is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Empire's value that differs from its market value or its book value, called intrinsic value, which is Magic Empire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magic Empire's market value can be influenced by many factors that don't directly affect Magic Empire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Magic Empire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Empire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Empire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.