Magnora ASA (Norway) Technical Analysis
| MGN Stock | 20.70 0.40 1.90% |
As of the 17th of February 2026, Magnora ASA secures the Risk Adjusted Performance of 0.0546, mean deviation of 1.37, and Downside Deviation of 1.63. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Magnora ASA, as well as the relationship between them. Please verify Magnora ASA standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Magnora ASA is priced some-what accurately, providing market reflects its recent price of 20.7 per share.
Magnora ASA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Magnora, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MagnoraMagnora |
Magnora ASA 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Magnora ASA's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Magnora ASA.
| 11/19/2025 |
| 02/17/2026 |
If you would invest 0.00 in Magnora ASA on November 19, 2025 and sell it all today you would earn a total of 0.00 from holding Magnora ASA or generate 0.0% return on investment in Magnora ASA over 90 days. Magnora ASA is related to or competes with REC Silicon, Vow ASA, Saga Pure, and Kitron ASA. More
Magnora ASA Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Magnora ASA's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Magnora ASA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | 0.0321 | |||
| Maximum Drawdown | 9.96 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 3.56 |
Magnora ASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Magnora ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Magnora ASA's standard deviation. In reality, there are many statistical measures that can use Magnora ASA historical prices to predict the future Magnora ASA's volatility.| Risk Adjusted Performance | 0.0546 | |||
| Jensen Alpha | 0.097 | |||
| Total Risk Alpha | 0.0035 | |||
| Sortino Ratio | 0.0353 | |||
| Treynor Ratio | 1.19 |
Magnora ASA February 17, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0546 | |||
| Market Risk Adjusted Performance | 1.2 | |||
| Mean Deviation | 1.37 | |||
| Semi Deviation | 1.43 | |||
| Downside Deviation | 1.63 | |||
| Coefficient Of Variation | 1621.54 | |||
| Standard Deviation | 1.79 | |||
| Variance | 3.22 | |||
| Information Ratio | 0.0321 | |||
| Jensen Alpha | 0.097 | |||
| Total Risk Alpha | 0.0035 | |||
| Sortino Ratio | 0.0353 | |||
| Treynor Ratio | 1.19 | |||
| Maximum Drawdown | 9.96 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 3.56 | |||
| Downside Variance | 2.66 | |||
| Semi Variance | 2.06 | |||
| Expected Short fall | (1.67) | |||
| Skewness | 0.3055 | |||
| Kurtosis | 0.814 |
Magnora ASA Backtested Returns
As of now, Magnora Stock is not too volatile. Magnora ASA has Sharpe Ratio of 0.0979, which conveys that the firm had a 0.0979 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Magnora ASA, which you can use to evaluate the volatility of the firm. Please verify Magnora ASA's Risk Adjusted Performance of 0.0546, downside deviation of 1.63, and Mean Deviation of 1.37 to check out if the risk estimate we provide is consistent with the expected return of 0.18%. Magnora ASA has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0843, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Magnora ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Magnora ASA is expected to be smaller as well. Magnora ASA right now secures a risk of 1.85%. Please verify Magnora ASA information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to decide if Magnora ASA will be following its current price movements.
Auto-correlation | 0.36 |
Below average predictability
Magnora ASA has below average predictability. Overlapping area represents the amount of predictability between Magnora ASA time series from 19th of November 2025 to 3rd of January 2026 and 3rd of January 2026 to 17th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Magnora ASA price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Magnora ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.38 |
Magnora ASA 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.
Magnora ASA Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Magnora ASA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Magnora ASA 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 Magnora ASA 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 Magnora ASA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Magnora ASA price pattern first instead of the macroeconomic environment surrounding Magnora ASA. By analyzing Magnora ASA'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 Magnora ASA'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 Magnora ASA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Magnora ASA February 17, 2026 Technical Indicators
Most technical analysis of Magnora 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 Magnora from various momentum indicators to cycle indicators. When you analyze Magnora 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 | 0.0546 | |||
| Market Risk Adjusted Performance | 1.2 | |||
| Mean Deviation | 1.37 | |||
| Semi Deviation | 1.43 | |||
| Downside Deviation | 1.63 | |||
| Coefficient Of Variation | 1621.54 | |||
| Standard Deviation | 1.79 | |||
| Variance | 3.22 | |||
| Information Ratio | 0.0321 | |||
| Jensen Alpha | 0.097 | |||
| Total Risk Alpha | 0.0035 | |||
| Sortino Ratio | 0.0353 | |||
| Treynor Ratio | 1.19 | |||
| Maximum Drawdown | 9.96 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 3.56 | |||
| Downside Variance | 2.66 | |||
| Semi Variance | 2.06 | |||
| Expected Short fall | (1.67) | |||
| Skewness | 0.3055 | |||
| Kurtosis | 0.814 |
Magnora ASA February 17, 2026 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 Magnora 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 | 2,818 | ||
| Daily Balance Of Power | (0.80) | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 20.75 | ||
| Day Typical Price | 20.73 | ||
| Price Action Indicator | (0.25) |
Other Information on Investing in Magnora Stock
Magnora ASA financial ratios help investors to determine whether Magnora Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Magnora with respect to the benefits of owning Magnora ASA security.