Mag Silver Corp Stock Price on March 11, 2024

MAG Stock  CAD 20.33  0.07  0.35%   
Below is the normalized historical share price chart for MAG Silver Corp extending back to April 19, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of MAG Silver stands at 20.33, as last reported on the 7th of January, with the highest price reaching 21.09 and the lowest price hitting 20.18 during the day.
200 Day MA
18.745
50 Day MA
21.8498
Beta
1.131
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in MAG Stock, it is important to understand the factors that can impact its price. As of now, MAG Stock is not too volatile. MAG Silver Corp has Sharpe Ratio of 0.0055, which conveys that the company had a 0.0055% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for MAG Silver, which you can use to evaluate the volatility of the entity. Please verify MAG Silver's Semi Deviation of 2.07, downside deviation of 2.21, and Mean Deviation of 1.86 to check out if the risk estimate we provide is consistent with the expected return of 0.014%.
  
At this time, MAG Silver's Total Stockholder Equity is very stable compared to the past year. As of the 7th of January 2025, Common Stock Total Equity is likely to grow to about 599.6 M, while Common Stock Shares Outstanding is likely to drop about 63.6 M. . At this time, MAG Silver's Price Earnings Ratio is very stable compared to the past year. As of the 7th of January 2025, Price Earnings To Growth Ratio is likely to grow to 0.14, while Price Book Value Ratio is likely to drop 2.32. MAG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0055

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Negative ReturnsMAG

Estimated Market Risk

 2.55
  actual daily
22
78% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average MAG Silver 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 MAG Silver by adding MAG Silver to a well-diversified portfolio.
Price Book
2.5503
Book Value
5.531
Enterprise Value
1.9 B
Enterprise Value Ebitda
94.9012
Shares Float
93.5 M

MAG Silver Main Headline on 11th of March 2024

MAG Silver Stock Price Up 7.2 MarketBeat

MAG Silver Valuation on March 11, 2024

It is possible to determine the worth of MAG Silver on a given historical date. On March 11, 2024 MAG was worth 12.27 at the beginning of the trading date compared to the closed value of 12.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MAG Silver stock. Still, in general, we apply an absolute valuation method to find MAG Silver'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 MAG Silver where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MAG Silver's related companies.
 Open High Low Close Volume
  12.45    12.45    12.16    12.17    207,200  
03/11/2024
  12.27    13.08    12.25    12.45    454,400  
  12.30    12.45    12.12    12.40    149,600  
Backtest MAG Silver  |  MAG Silver History  |  MAG Silver Valuation   PreviousNext  
Open Value
12.27
12.45
Closing Value
19.91
Upside

MAG Silver Trading Date Momentum on March 11, 2024

On March 12 2024 MAG Silver Corp was traded for  12.40  at the closing time. The maximum traded price for the trading interval was 12.45  and the lowest daily price was  12.12 . The daily volume was recorded at 149.6 K. The volume of trading on 12th of March 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.40% . The trading delta at closing time to the closing price today is 5.86% .

MAG Silver Corp Fundamentals Correlations and Trends

By evaluating MAG Silver'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 MAG Silver's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MAG financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About MAG Silver Stock history

MAG Silver 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 MAG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MAG Silver Corp 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 MAG Silver stock prices may prove useful in developing a viable investing in MAG Silver
Last ReportedProjected for Next Year
Common Stock Shares Outstanding118 M63.6 M
Net Income Applicable To Common Shares20.3 M21.3 M

MAG Silver Quarterly Net Working Capital

96.46 Million

MAG Silver Stock Technical Analysis

MAG Silver 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.
A focus of MAG Silver technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MAG Silver trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

MAG Silver Period Price Range

Low
January 7, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

MAG Silver Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

MAG Silver January 7, 2025 Market Strength

Market strength indicators help investors to evaluate how MAG Silver stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MAG Silver shares will generate the highest return on investment. By undertsting and applying MAG Silver stock market strength indicators, traders can identify MAG Silver Corp entry and exit signals to maximize returns

MAG Silver Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MAG Silver's price direction in advance. Along with the technical and fundamental analysis of MAG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MAG 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.
When determining whether MAG Silver Corp is a strong investment it is important to analyze MAG Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MAG Silver's future performance. For an informed investment choice regarding MAG Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Please note, there is a significant difference between MAG Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAG Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAG Silver'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.