Magna Mining Stock Buy Hold or Sell Recommendation
| NICU Stock | 1.42 0.01 0.71% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Magna Mining is 'Strong Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Magna Mining given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Magna Mining, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Magna Mining Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Magna and provide practical buy, sell, or hold advice based on investors' constraints. Magna Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Magna |
Execute Magna Mining Buy or Sell Advice
The Magna recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Magna Mining. Macroaxis does not own or have any residual interests in Magna Mining or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Magna Mining's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Magna Mining Trading Alerts and Improvement Suggestions
| Magna Mining may become a speculative penny stock | |
| Magna Mining had very high historical volatility over the last 90 days | |
| Net Loss for the year was (9.86 M) with loss before overhead, payroll, taxes, and interest of (199.72 K). | |
| Magna Mining generates negative cash flow from operations | |
| About 31.0% of the company outstanding shares are owned by corporate insiders |
Magna Mining Returns Distribution Density
The distribution of Magna Mining's historical returns is an attempt to chart the uncertainty of Magna Mining's future price movements. The chart of the probability distribution of Magna Mining daily returns describes the distribution of returns around its average expected value. We use Magna Mining price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Magna Mining returns is essential to provide solid investment advice for Magna Mining.
| Mean Return | 0.38 | Value At Risk | -4.76 | Potential Upside | 7.50 | Standard Deviation | 3.78 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Magna Mining historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Magna Mining Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (515.1K) | 1.4M | 4.2M | 492.8K | 4.7M | 5.0M | |
| Depreciation | 21.9K | 19.4K | 33.0K | 32.4K | 62.1K | 65.2K | |
| Net Income | (46.8K) | (1.1M) | (6.8M) | (22.0M) | (9.9M) | (10.4M) |
Magna Mining Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Magna Mining or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Magna Mining's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Magna stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | 0.44 | |
σ | Overall volatility | 3.68 | |
Ir | Information ratio | 0.09 |
Magna Mining Volatility Alert
Magna Mining currently demonstrates below-average downside deviation. It has Information Ratio of 0.09 and Jensen Alpha of 0.36. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Magna Mining's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Magna Mining's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Magna Mining Fundamentals Vs Peers
Comparing Magna Mining's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Magna Mining's direct or indirect competition across all of the common fundamentals between Magna Mining and the related equities. This way, we can detect undervalued stocks with similar characteristics as Magna Mining or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Magna Mining's fundamental indicators could also be used in its relative valuation, which is a method of valuing Magna Mining by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Magna Mining to competition |
| Fundamentals | Magna Mining | Peer Average |
| Return On Equity | -0.84 | -0.31 |
| Return On Asset | -0.44 | -0.14 |
| Current Valuation | 270.34 M | 16.62 B |
| Shares Outstanding | 194.51 M | 571.82 M |
| Shares Owned By Insiders | 31.15 % | 10.09 % |
| Shares Owned By Institutions | 19.20 % | 39.21 % |
| Number Of Shares Shorted | 329.43 K | 4.71 M |
| Price To Book | 14.80 X | 9.51 X |
| Gross Profit | (199.72 K) | 27.38 B |
| EBITDA | (15.74 M) | 3.9 B |
| Net Income | (9.86 M) | 570.98 M |
| Total Debt | 5.43 M | 5.32 B |
| Book Value Per Share | 0.04 X | 1.93 K |
| Cash Flow From Operations | (10.58 M) | 971.22 M |
| Short Ratio | 1.21 X | 4.00 X |
| Earnings Per Share | (0.08) X | 3.12 X |
| Target Price | 2.63 | |
| Beta | 2.29 | -0.15 |
| Market Capitalization | 274.26 M | 19.03 B |
| Total Asset | 12.77 M | 29.47 B |
| Retained Earnings | (42.86 M) | 9.33 B |
| Working Capital | 7.35 M | 1.48 B |
| Net Asset | 12.77 M |
Magna Mining Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Magna . With many 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.
About Magna Mining Buy or Sell Advice
When is the right time to buy or sell Magna Mining? Buying financial instruments such as Magna Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Magna Stock Analysis
When running Magna Mining's price analysis, check to measure Magna Mining'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 Mining is operating at the current time. Most of Magna Mining's value examination focuses on studying past and present price action to predict the probability of Magna Mining'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 Mining's price. Additionally, you may evaluate how the addition of Magna Mining to your portfolios can decrease your overall portfolio volatility.