Magellan Aerospace Stock Price on June 27, 2024
| MAL Stock | CAD 10.81 0.04 0.37% |
Below is the normalized historical share price chart for Magellan Aerospace extending back to March 17, 1980. 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 Magellan Aerospace stands at 10.81, as last reported on the 11th of December 2024, with the highest price reaching 10.89 and the lowest price hitting 10.74 during the day.
If you're considering investing in Magellan Stock, it is important to understand the factors that can impact its price. Magellan Aerospace appears to be not too volatile, given 3 months investment horizon. Magellan Aerospace has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Magellan Aerospace, which you can use to evaluate the volatility of the firm. Please exercise Magellan Aerospace's Downside Deviation of 1.3, risk adjusted performance of 0.1212, and Mean Deviation of 1.35 to check out if our risk estimates are consistent with your expectations.
At this time, Magellan Aerospace's Stock Based Compensation is very stable compared to the past year. As of the 11th of December 2024, Stock Based Compensation To Revenue is likely to grow to 0.0004, while Total Stockholder Equity is likely to drop about 410.4 M. . At this time, Magellan Aerospace's Price Earnings Ratio is very stable compared to the past year. As of the 11th of December 2024, Price Book Value Ratio is likely to grow to 1.06, while Price To Sales Ratio is likely to drop 0.46. Magellan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 8.929 | 50 Day MA 10.4026 | Beta 1.127 |
Magellan |
Sharpe Ratio = 0.1317
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Estimated Market Risk
| 1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Magellan Aerospace is performing at about 10% 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 Magellan Aerospace by adding it to a well-diversified portfolio.
Price Book 0.8074 | Enterprise Value Ebitda 8.3738 | Price Sales 0.6701 | Shares Float 11.8 M | Dividend Share 0.1 |
Magellan Aerospace Valuation on June 27, 2024
It is possible to determine the worth of Magellan Aerospace on a given historical date. On June 27, 2024 Magellan was worth 8.2 at the beginning of the trading date compared to the closed value of 8.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magellan Aerospace stock. Still, in general, we apply an absolute valuation method to find Magellan Aerospace'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 Magellan Aerospace where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magellan Aerospace's related companies.
| Open | High | Low | Close | Volume | |
| 7.97 | 8.17 | 7.97 | 8.16 | 5,710 | |
06/27/2024 | 8.20 | 8.21 | 8.09 | 8.17 | 1,234 |
| 8.17 | 8.17 | 8.07 | 8.11 | 1,333 |
| Backtest Magellan Aerospace | | | Magellan Aerospace History | | | Magellan Aerospace Valuation | Previous | Next |
Magellan Aerospace Trading Date Momentum on June 27, 2024
| On June 28 2024 Magellan Aerospace was traded for 8.11 at the closing time. The maximum traded price for the trading interval was 8.17 and the lowest daily price was 8.07 . The daily volume was recorded at 1.3 K. The volume of trading on 28th of June 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.73% . The trading delta at closing time to the closing price today is 1.47% . |
Magellan Aerospace Fundamentals Correlations and Trends
By evaluating Magellan Aerospace'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 Magellan Aerospace's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Magellan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Magellan Aerospace Stock history
Magellan Aerospace 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 Magellan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magellan Aerospace 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 Magellan Aerospace stock prices may prove useful in developing a viable investing in Magellan Aerospace
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 57.4 M | 36.2 M | |
| Net Loss | -19.5 M | -18.5 M |
Magellan Aerospace Quarterly Net Working Capital |
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Magellan Aerospace Stock Technical Analysis
Magellan Aerospace 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
Magellan Aerospace Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Magellan Aerospace 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.
Magellan Aerospace December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Magellan Aerospace stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magellan Aerospace shares will generate the highest return on investment. By undertsting and applying Magellan Aerospace stock market strength indicators, traders can identify Magellan Aerospace entry and exit signals to maximize returns
Magellan Aerospace Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Magellan Aerospace's price direction in advance. Along with the technical and fundamental analysis of Magellan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magellan 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 | 0.1212 | |||
| Jensen Alpha | 0.2409 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1283 | |||
| Treynor Ratio | 0.804 |
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Other Information on Investing in Magellan Stock
Magellan Aerospace financial ratios help investors to determine whether Magellan Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Magellan with respect to the benefits of owning Magellan Aerospace security.