You can make use of Magellan Aerospace fundamental data analysis to find out if markets are presently mispricing the entity. We were able to break down and interpolate fourty available fundamentals for Magellan Aerospace, which can be compared to its peers in the industry. The stock experiences a normal downward trend and little activity. Check odds of Magellan Aerospace to be traded at C$10.7 in 90 days. Key indicators impacting Magellan Aerospace's financial strength include:
Magellan Aerospace competes with Quisitive Technology, Rubicon Organics, Renoworks Software, Canso Select, and Metalero Mining. Magellan Aerospace Corporation, through its subsidiaries, designs, engineers, and manufactures aero engine, and aero structure assemblies and components for aerospace markets in Canada, the United States, Europe, and Asia. Magellan Aerospace Corporation was founded in 1994 and is headquartered in Mississauga, Canada. MAGELLAN AERO operates under Aerospace Defense classification in Canada and is traded on Toronto Stock Exchange. It employs 4200 people.
You should never invest in Magellan Aerospace without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Magellan Stock, because this is throwing your money away. Analyzing the key information contained in Magellan Aerospace's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Magellan Aerospace Key Financial Ratios
Magellan Aerospace's financial ratios allow both analysts and investors to convert raw data from Magellan Aerospace's financial statements into concise, actionable information that can be used to evaluate the performance of Magellan Aerospace over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Magellan Aerospace's current stock value. Our valuation model uses many indicators to compare Magellan Aerospace value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magellan Aerospace competition to find correlations between indicators driving Magellan Aerospace's intrinsic value. More Info.
Magellan Aerospace is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.98 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Magellan Aerospace is roughly 1.02 . At this time, Magellan Aerospace's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Magellan Aerospace by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Magellan Aerospace's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Magellan Aerospace Systematic Risk
Magellan Aerospace's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Magellan Aerospace volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Magellan Aerospace correlated with the market. If Beta is less than 0 Magellan Aerospace generally moves in the opposite direction as compared to the market. If Magellan Aerospace Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Magellan Aerospace is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Magellan Aerospace is generally in the same direction as the market. If Beta > 1 Magellan Aerospace moves generally in the same direction as, but more than the movement of the benchmark.
Magellan Aerospace Total Assets Over Time
Today, most investors in Magellan Aerospace Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Magellan Aerospace's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Magellan Aerospace growth as a starting point in their analysis.
Magellan Aerospace December 11, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Magellan Aerospace help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Magellan Aerospace. We use our internally-developed statistical techniques to arrive at the intrinsic value of Magellan Aerospace based on widely used predictive technical indicators. In general, we focus on analyzing Magellan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Magellan Aerospace's daily price indicators and compare them against related drivers.
Magellan Aerospace financial ratios help investors to determine whether Magellan 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 Magellan with respect to the benefits of owning Magellan Aerospace security.