Mag Silver Corp Stock Technical Analysis
MAG Stock | USD 16.28 1.03 6.75% |
As of the 31st of January, MAG Silver secures the Coefficient Of Variation of (2,560), mean deviation of 2.01, and Standard Deviation of 2.69. Compared to fundamental indicators, the technical analysis model lets you check possible technical drivers of MAG Silver Corp, as well as the relationship between them. Please verify MAG Silver Corp information ratio, as well as the relationship between the value at risk and kurtosis to decide if MAG Silver Corp is priced fairly, providing market reflects its recent price of 16.28 per share. Given that MAG Silver Corp has information ratio of (0.08), we recommend you to check MAG Silver's last-minute market performance to make sure the company can sustain itself in the future.
MAG Silver Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MAG, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MAGMAG |
MAG Silver Analyst Consensus
Target Price | Advice | # of Analysts | |
17.67 | Strong Buy | 12 | Odds |
Most MAG analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand MAG stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of MAG Silver Corp, talking to its executives and customers, or listening to MAG conference calls.
MAG Silver technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
MAG Silver Corp Technical Analysis
The output start index for this execution was fourty-five with a total number of output elements of sixteen. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of MAG Silver Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MAG Silver Corp Trend Analysis
Use this graph to draw trend lines for MAG Silver Corp. You can use it to identify possible trend reversals for MAG Silver as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual MAG Silver price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MAG Silver Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MAG Silver Corp applied against its price change over selected period. The best fit line has a slop of 0.03 , which may imply that the returns on investment in MAG Silver Corp will continue to fail. It has 122 observation points and a regression sum of squares at 30.17, which is the sum of squared deviations for the predicted MAG Silver price change compared to its average price change.About MAG Silver Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of MAG Silver Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of MAG Silver Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MAG Silver Corp price pattern first instead of the macroeconomic environment surrounding MAG Silver Corp. By analyzing MAG Silver's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of MAG Silver's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to MAG Silver specific price patterns or momentum indicators. Please read more on our technical analysis page.
2022 | 2023 | 2024 | 2025 (projected) | PB Ratio | 3.83 | 2.13 | 2.45 | 2.32 | Capex To Depreciation | 0.26 | 43.24 | 49.72 | 99.0 |
MAG Silver January 31, 2025 Technical Indicators
Most technical analysis of MAG 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 MAG from various momentum indicators to cycle indicators. When you analyze MAG charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.03) | |||
Market Risk Adjusted Performance | (0.43) | |||
Mean Deviation | 2.01 | |||
Coefficient Of Variation | (2,560) | |||
Standard Deviation | 2.69 | |||
Variance | 7.21 | |||
Information Ratio | (0.08) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.40) | |||
Treynor Ratio | (0.44) | |||
Maximum Drawdown | 11.94 | |||
Value At Risk | (3.95) | |||
Potential Upside | 5.5 | |||
Skewness | 0.4587 | |||
Kurtosis | 0.5906 |
MAG Silver January 31, 2025 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as MAG stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 44,451 | ||
Daily Balance Of Power | 0.96 | ||
Rate Of Daily Change | 1.07 | ||
Day Median Price | 16.22 | ||
Day Typical Price | 16.24 | ||
Price Action Indicator | 0.58 |
Complementary Tools for MAG Stock analysis
When running MAG Silver's price analysis, check to measure MAG Silver'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 MAG Silver is operating at the current time. Most of MAG Silver's value examination focuses on studying past and present price action to predict the probability of MAG Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAG Silver's price. Additionally, you may evaluate how the addition of MAG Silver to your portfolios can decrease your overall portfolio volatility.
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Stocks Directory Find actively traded stocks across global markets | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
Commodity Directory Find actively traded commodities issued by global exchanges |