Magna Polonia (Poland) Price on February 22, 2024
| 06N Stock | 2.70 0.02 0.74% |
If you're considering investing in Magna Stock, it is important to understand the factors that can impact its price. As of today, the current price of Magna Polonia stands at 2.70, as last reported on the 9th of January, with the highest price reaching 2.72 and the lowest price hitting 2.62 during the day. Magna Polonia SA has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1% return per unit of risk over the last 3 months. Magna Polonia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Magna Polonia's Mean Deviation of 1.2, standard deviation of 1.58, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide.
Magna Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Magna |
Sharpe Ratio = -0.1042
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| Negative Returns | 06N |
Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Magna Polonia is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Magna Polonia by adding Magna Polonia to a well-diversified portfolio.
Magna Polonia Valuation on February 22, 2024
It is possible to determine the worth of Magna Polonia on a given historical date. On February 22, 2024 Magna was worth 3.19 at the beginning of the trading date compared to the closed value of 3.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magna Polonia stock. Still, in general, we apply an absolute valuation method to find Magna Polonia's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Magna Polonia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magna Polonia's related companies.
| Open | High | Low | Close | Volume | |
| 3.22 | 3.22 | 3.11 | 3.17 | 42,096 | |
02/22/2024 | 3.19 | 3.25 | 3.09 | 3.25 | 56,444 |
| 3.25 | 3.30 | 3.19 | 3.27 | 47,679 |
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Magna Polonia Trading Date Momentum on February 22, 2024
| On February 23 2024 Magna Polonia SA was traded for 3.27 at the closing time. The highest price during the trading period was 3.30 and the lowest recorded bid was listed for 3.19 . The volume for the day was 47.7 K. This history from February 23, 2024 contributed to the next trading day price gain. The daily price change to the next closing price was 0.62% . The trading delta at closing time to the current price is 1.85% . |
Magna Polonia SA Fundamentals Correlations and Trends
By evaluating Magna Polonia's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Magna Polonia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Magna financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Magna Polonia Stock history
Magna Polonia investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Magna is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magna Polonia SA will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Magna Polonia stock prices may prove useful in developing a viable investing in Magna Polonia
Magna Polonia Stock Technical Analysis
Magna Polonia 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.
Price Boundaries
Magna Polonia Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
Magna Polonia SA cannot be verified against its exchange. Please verify the symbol is currently traded on Warsaw Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Magna Polonia January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Magna Polonia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magna Polonia shares will generate the highest return on investment. By undertsting and applying Magna Polonia stock market strength indicators, traders can identify Magna Polonia SA entry and exit signals to maximize returns
Magna Polonia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Magna Polonia's price direction in advance. Along with the technical and fundamental analysis of Magna Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magna to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.4304 |
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Additional Tools for Magna Stock Analysis
When running Magna Polonia's price analysis, check to measure Magna Polonia'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 Polonia is operating at the current time. Most of Magna Polonia's value examination focuses on studying past and present price action to predict the probability of Magna Polonia'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 Polonia's price. Additionally, you may evaluate how the addition of Magna Polonia to your portfolios can decrease your overall portfolio volatility.