Magna International Stock Math Operators Price Series Summation

MG Stock  CAD 61.64  1.96  3.28%   
Magna International math operators tool provides the execution environment for running the Price Series Summation operator and other technical functions against Magna International. Magna International value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of math operators indicators. As with most other technical indicators, the Price Series Summation operator function is designed to identify and follow existing trends. Math Operators module provides interface to determine different price movement patterns of similar pairs of equity instruments such as null and Magna International.

Operator
The output start index for this execution was zero with a total number of output elements of sixty-one. Magna International Price Series Summation is a cross summation of Magna International price series and its benchmark/peer.

Magna International Technical Analysis Modules

Most technical analysis of Magna International help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Magna from various momentum indicators to cycle indicators. When you analyze Magna charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Magna International Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Magna International. We use our internally-developed statistical techniques to arrive at the intrinsic value of Magna International based on widely used predictive technical indicators. In general, we focus on analyzing Magna Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Magna International's daily price indicators and compare them against related drivers, such as math operators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Magna International's intrinsic value. In addition to deriving basic predictive indicators for Magna International, we also check how macroeconomic factors affect Magna International price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 (projected)
Dividend Yield0.02090.03030.0309
Price To Sales Ratio0.670.430.4
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Magna International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
59.5861.6463.70
Details
Intrinsic
Valuation
LowRealHigh
57.2859.3467.80
Details
Naive
Forecast
LowNextHigh
58.6260.6862.74
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.261.311.35
Details

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When determining whether Magna International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magna International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magna International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magna International Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Please note, there is a significant difference between Magna International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magna International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magna International'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.