Magnite Stock Forecast - Accumulation Distribution
| MGNI Stock | USD 16.10 0.18 1.13% |
Magnite Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Magnite's historical fundamentals, such as revenue growth or operating cash flow patterns.
Magnite |
Open Interest Against 2025-01-17 Magnite Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Magnite's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Magnite's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Magnite stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Magnite's open interest, investors have to compare it to Magnite's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Magnite is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Magnite. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 79906.77 | 192926.0 |
| Check Magnite Volatility | Backtest Magnite | Trend Details |
Magnite Trading Date Momentum
| On December 23 2024 Magnite was traded for 16.17 at the closing time. The top price for the day was 16.62 and the lowest listed price was 15.92 . The trading volume for the day was 1.2 M. The trading history from December 23, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.04% . The trading delta at closing time against the current closing price is 0.12% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Magnite to competition |
Other Forecasting Options for Magnite
For every potential investor in Magnite, whether a beginner or expert, Magnite's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Magnite Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Magnite. Basic forecasting techniques help filter out the noise by identifying Magnite's price trends.Magnite Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Magnite stock to make a market-neutral strategy. Peer analysis of Magnite could also be used in its relative valuation, which is a method of valuing Magnite by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Magnite Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Magnite's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Magnite's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Magnite Market Strength Events
Market strength indicators help investors to evaluate how Magnite stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magnite shares will generate the highest return on investment. By undertsting and applying Magnite stock market strength indicators, traders can identify Magnite entry and exit signals to maximize returns.
| Accumulation Distribution | 52415.39 | |||
| Daily Balance Of Power | 0.2687 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 16.24 | |||
| Day Typical Price | 16.19 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | 0.18 | |||
| Relative Strength Index | 53.83 |
Magnite Risk Indicators
The analysis of Magnite's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Magnite's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting magnite stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.25 | |||
| Semi Deviation | 2.89 | |||
| Standard Deviation | 3.36 | |||
| Variance | 11.31 | |||
| Downside Variance | 10.21 | |||
| Semi Variance | 8.38 | |||
| Expected Short fall | (2.34) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether Magnite offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magnite's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magnite Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magnite Stock:Check out Historical Fundamental Analysis of Magnite to cross-verify your projections. For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Advertising space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magnite. If investors know Magnite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magnite listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Earnings Share 0.13 | Revenue Per Share | Quarterly Revenue Growth 0.079 | Return On Assets |
The market value of Magnite is measured differently than its book value, which is the value of Magnite that is recorded on the company's balance sheet. Investors also form their own opinion of Magnite's value that differs from its market value or its book value, called intrinsic value, which is Magnite's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magnite's market value can be influenced by many factors that don't directly affect Magnite's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magnite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnite's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.