Magna Mining Stock Analysis

MGMNF Stock   1.02  0.01  0.97%   
Magna Mining is overvalued with Real Value of 0.92 and Hype Value of 1.03. The main objective of Magna Mining pink sheet analysis is to determine its intrinsic value, which is an estimate of what Magna Mining is worth, separate from its market price. There are two main types of Magna Mining's stock analysis: fundamental analysis and technical analysis.
The Magna Mining pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Magna Mining's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Magna Pink Sheet Analysis Notes

About 36.0% of the company outstanding shares are owned by corporate insiders. The company had not issued any dividends in recent years. The quote for Magna Mining is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Magna Mining learn more at https://magnamining.com.

Magna Mining Investment Alerts

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

Magna Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 141.48 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Magna Mining's market, we take the total number of its shares issued and multiply it by Magna Mining's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 24th of November, Magna Mining secures the Mean Deviation of 3.88, downside deviation of 3.57, and Risk Adjusted Performance of 0.1484. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Magna Mining, as well as the relationship between them. Please verify Magna Mining variance, as well as the relationship between the maximum drawdown and semi variance to decide if Magna Mining is priced some-what accurately, providing market reflects its recent price of 1.02 per share. Given that Magna Mining is a hitting penny stock territory we strongly suggest to closely look at its total risk alpha.

Magna Mining Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Magna Mining middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Magna Mining. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Magna Mining Predictive Daily Indicators

Magna Mining intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Magna Mining pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Magna Mining Forecast Models

Magna Mining's time-series forecasting models are one of many Magna Mining's pink sheet 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 Magna Mining'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.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Magna Mining to your portfolios without increasing risk or reducing expected return.

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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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