Magna International Financials
| MGA Stock | EUR 41.90 1.77 4.05% |
Magna |
Understanding current and past Magna International Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Magna International's financial statements are interrelated, with each one affecting the others. For example, an increase in Magna International's assets may result in an increase in income on the income statement.
Magna International Stock Summary
Magna International competes with Wizz Air, Alaska Air, Aedas Homes, Enter Air, and DFS Furniture. Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada. MAGNA INTL operates under Auto Parts classification in Germany and is traded on Frankfurt Stock Exchange. It employs 158000 people.| Foreign Associate | USA |
| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | CA5592224011 |
| Business Address | 337 Magna Drive, |
| Sector | Consumer Cyclical |
| Industry | Auto Parts |
| Benchmark | Dow Jones Industrial |
| Website | www.magna.com |
| Phone | 905 726 2462 |
| Currency | EUR - Euro |
You should never invest in Magna International without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Magna Stock, because this is throwing your money away. Analyzing the key information contained in Magna International's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Magna International Key Financial Ratios
There are many critical financial ratios that Magna International's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Magna International reports annually and quarterly.| Return On Equity | 0.0544 | |||
| Return On Asset | 0.0346 | |||
| Target Price | 107.0 | |||
| Beta | 1.59 | |||
| Z Score | 4.0 |
Magna Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Magna International's current stock value. Our valuation model uses many indicators to compare Magna International value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magna International competition to find correlations between indicators driving Magna International's intrinsic value. More Info.Magna International 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 0.64 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Magna International is roughly 1.57 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Magna International's earnings, one of the primary drivers of an investment's value.Magna International Systematic Risk
Magna International's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Magna International 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.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Magna International correlated with the market. If Beta is less than 0 Magna International generally moves in the opposite direction as compared to the market. If Magna International Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Magna International is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Magna International is generally in the same direction as the market. If Beta > 1 Magna International moves generally in the same direction as, but more than the movement of the benchmark.
Magna International November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Magna International help investors to analyze its daily demand and supply, volume, patterns, and price 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.
| Downside Deviation | 2.25 | |||
| Information Ratio | 0.0272 | |||
| Maximum Drawdown | 11.4 | |||
| Value At Risk | (3.64) | |||
| Potential Upside | 5.21 |
Complementary Tools for Magna Stock analysis
When running Magna International's price analysis, check to measure Magna International'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 International is operating at the current time. Most of Magna International's value examination focuses on studying past and present price action to predict the probability of Magna International'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 International's price. Additionally, you may evaluate how the addition of Magna International to your portfolios can decrease your overall portfolio volatility.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |