MAGNA INTL (Germany) Technical Analysis
| MGA Stock | EUR 42.50 0.64 1.53% |
As of the 30th of November, MAGNA INTL secures the Semi Deviation of 2.18, downside deviation of 2.44, and Mean Deviation of 1.79. Compared to fundamental indicators, the technical analysis model lets you check possible technical drivers of MAGNA INTL, as well as the relationship between them. Please verify MAGNA INTL downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if MAGNA INTL is priced fairly, providing market reflects its recent price of 42.5 per share.
MAGNA INTL Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as MAGNA, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MAGNAMAGNA |
MAGNA INTL 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.
MAGNA INTL Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. 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 MAGNA INTL volatility. High ATR values indicate high volatility, and low values indicate low volatility.
MAGNA INTL Trend Analysis
Use this graph to draw trend lines for MAGNA INTL. You can use it to identify possible trend reversals for MAGNA INTL 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 MAGNA INTL price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.MAGNA INTL Best Fit Change Line
The following chart estimates an ordinary least squares regression model for MAGNA INTL applied against its price change over selected period. The best fit line has a slop of 0.12 , which means MAGNA INTL will continue generating value for investors. It has 122 observation points and a regression sum of squares at 506.67, which is the sum of squared deviations for the predicted MAGNA INTL price change compared to its average price change.About MAGNA INTL 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 MAGNA INTL 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 MAGNA INTL based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on MAGNA INTL price pattern first instead of the macroeconomic environment surrounding MAGNA INTL. By analyzing MAGNA INTL'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 MAGNA INTL'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 MAGNA INTL specific price patterns or momentum indicators. Please read more on our technical analysis page.
MAGNA INTL November 30, 2024 Technical Indicators
Most technical analysis of MAGNA 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 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 | 0.0835 | |||
| Market Risk Adjusted Performance | 1.14 | |||
| Mean Deviation | 1.79 | |||
| Semi Deviation | 2.18 | |||
| Downside Deviation | 2.44 | |||
| Coefficient Of Variation | 995.28 | |||
| Standard Deviation | 2.32 | |||
| Variance | 5.38 | |||
| Information Ratio | 0.0411 | |||
| Jensen Alpha | 0.1978 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0391 | |||
| Treynor Ratio | 1.13 | |||
| Maximum Drawdown | 10.77 | |||
| Value At Risk | (3.72) | |||
| Potential Upside | 4.24 | |||
| Downside Variance | 5.94 | |||
| Semi Variance | 4.75 | |||
| Expected Short fall | (1.78) | |||
| Skewness | (0.05) | |||
| Kurtosis | (0.04) |
Complementary Tools for MAGNA Stock analysis
When running MAGNA INTL's price analysis, check to measure MAGNA INTL'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 INTL is operating at the current time. Most of MAGNA INTL's value examination focuses on studying past and present price action to predict the probability of MAGNA INTL'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 INTL's price. Additionally, you may evaluate how the addition of MAGNA INTL to your portfolios can decrease your overall portfolio volatility.
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