Magna International Stock Price on May 31, 2024
| MG Stock | CAD 53.61 2.65 4.71% |
Below is the normalized historical share price chart for Magna International extending back to December 18, 1989. 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 Magna International stands at 53.61, as last reported on the 18th of February 2025, with the highest price reaching 56.30 and the lowest price hitting 53.06 during the day.
If you're considering investing in Magna Stock, it is important to understand the factors that can impact its price. Magna International has Sharpe Ratio of -0.0855, which conveys that the firm had a -0.0855 % return per unit of risk over the last 3 months. Magna International exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Magna International's Standard Deviation of 1.81, mean deviation of 1.26, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide.
At this time, Magna International's Total Stockholder Equity is very stable compared to the past year. As of the 18th of February 2025, Common Stock Shares Outstanding is likely to grow to about 356.6 M, while Other Stockholder Equity is likely to drop about 106.9 M. . At this time, Magna International's Price To Sales Ratio is very stable compared to the past year. As of the 18th of February 2025, Price To Operating Cash Flows Ratio is likely to grow to 7.36, while Price Earnings Ratio is likely to drop 10.26. Magna Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 59.0067 | 50 Day MA 59.2432 | Beta 1.618 |
Magna |
Sharpe Ratio = -0.0855
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| Negative Returns | MG |
Estimated Market Risk
| 1.85 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Magna International 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 International by adding Magna International to a well-diversified portfolio.
Price Book 0.9273 | Enterprise Value Ebitda 4.8903 | Price Sales 0.354 | Shares Float 281.8 M | Dividend Share 1.91 |
Magna International Main Headline on 31st of May 2024
Magna International dividend paid on 31st of May 2024 |
Magna International Valuation on May 31, 2024
It is possible to determine the worth of Magna International on a given historical date. On May 31, 2024 Magna was worth 59.68 at the beginning of the trading date compared to the closed value of 60.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magna International stock. Still, in general, we apply an absolute valuation method to find Magna International'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 International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magna International's related companies.
| Open | High | Low | Close | Volume | |
| 59.78 | 60.13 | 59.58 | 60.03 | 993,874 | |
05/31/2024 | 59.68 | 60.68 | 59.38 | 60.66 | 2,507,049 |
| 60.88 | 61.09 | 59.84 | 60.58 | 1,379,872 |
| Backtest Magna International | | | Magna International History | | | Magna International Valuation | Previous | Next |
Magna International Trading Date Momentum on May 31, 2024
| On June 03 2024 Magna International was traded for 60.58 at the closing time. The highest daily price throughout the period was 61.09 and the lowest price was 59.84 . The daily volume was 1.4 M. The net trading volume on 06/03/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 0.13% . The trading delta at closing time to current closing price is 3.21% . |
Magna International Fundamentals Correlations and Trends
By evaluating Magna International'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 International'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 International Stock history
Magna International 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 International 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 International stock prices may prove useful in developing a viable investing in Magna International
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 329.6 M | 356.6 M | |
| Net Income Applicable To Common Shares | 532.8 M | 506.2 M |
Magna International Quarterly Net Working Capital |
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Magna International Stock Technical Analysis
Magna International 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 International Period Price Range
Low | February 18, 2025
| High |
0.00 | 0.00 |
Magna International 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.
Magna International February 18, 2025 Market Strength
Market strength indicators help investors to evaluate how Magna International 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 International shares will generate the highest return on investment. By undertsting and applying Magna International stock market strength indicators, traders can identify Magna International entry and exit signals to maximize returns
Magna International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Magna International'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 | (0.06) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.27) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Magna Stock, please use our How to Invest in Magna International guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.