MAG Interactive (Sweden) Price on December 19, 2024
| MAGI Stock | SEK 9.62 0.12 1.26% |
If you're considering investing in MAG Stock, it is important to understand the factors that can impact its price. As of today, the current price of MAG Interactive stands at 9.62, as last reported on the 28th of December, with the highest price reaching 9.80 and the lowest price hitting 9.60 during the day. MAG Interactive appears to be somewhat reliable, given 3 months investment horizon. MAG Interactive AB has Sharpe Ratio of 0.0911, which conveys that the company had a 0.0911% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MAG Interactive, which you can use to evaluate the volatility of the entity. Please exercise MAG Interactive's Mean Deviation of 2.49, downside deviation of 3.0, and Semi Deviation of 2.7 to check out if our risk estimates are consistent with your expectations.
MAG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MAG |
Sharpe Ratio = 0.0911
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Estimated Market Risk
| 3.34 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average MAG Interactive is performing at about 7% of its full potential. 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 Interactive by adding it to a well-diversified portfolio.
MAG Interactive Valuation on December 19, 2024
It is possible to determine the worth of MAG Interactive on a given historical date. On December 19, 2024 MAG was worth 9.98 at the beginning of the trading date compared to the closed value of 9.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MAG Interactive stock. Still, in general, we apply an absolute valuation method to find MAG Interactive'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 Interactive where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MAG Interactive's related companies.
| Open | High | Low | Close | Volume | |
| 9.32 | 9.46 | 8.48 | 9.22 | 21,081 | |
12/19/2024 | 9.98 | 9.98 | 8.96 | 9.50 | 12,742 |
| 9.20 | 9.64 | 9.14 | 9.64 | 7,547 |
| Backtest MAG Interactive | | | MAG Interactive History | | | MAG Interactive Valuation | Previous | Next |
MAG Interactive Trading Date Momentum on December 19, 2024
| On December 20 2024 MAG Interactive AB was traded for 9.64 at the closing time. The highest price during the trading period was 9.64 and the lowest recorded bid was listed for 9.14 . The volume for the day was 7.5 K. This history from December 20, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.47% . The trading delta at closing time to the current price is 1.05% . |
MAG Interactive AB Fundamentals Correlations and Trends
By evaluating MAG Interactive'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 Interactive'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 Interactive Stock history
MAG Interactive 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 Interactive AB 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 Interactive stock prices may prove useful in developing a viable investing in MAG Interactive
MAG Interactive AB develops and publishes mobile games worldwide. The company was founded in 2010 and is headquartered in Stockholm, Sweden. MAG Interactive is traded on Stockholm Stock Exchange in Sweden.
MAG Interactive Stock Technical Analysis
MAG Interactive 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
MAG Interactive Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
MAG Interactive AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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 Interactive December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how MAG Interactive 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 Interactive shares will generate the highest return on investment. By undertsting and applying MAG Interactive stock market strength indicators, traders can identify MAG Interactive AB entry and exit signals to maximize returns
MAG Interactive Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MAG Interactive'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.
| Risk Adjusted Performance | 0.0555 | |||
| Jensen Alpha | 0.1827 | |||
| Total Risk Alpha | 0.0967 | |||
| Sortino Ratio | 0.0556 | |||
| Treynor Ratio | 0.6884 |
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Additional Tools for MAG Stock Analysis
When running MAG Interactive's price analysis, check to measure MAG Interactive'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 MAG Interactive is operating at the current time. Most of MAG Interactive's value examination focuses on studying past and present price action to predict the probability of MAG Interactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAG Interactive's price. Additionally, you may evaluate how the addition of MAG Interactive to your portfolios can decrease your overall portfolio volatility.