Magellan Energy Stock Price on November 11, 2024
If you're considering investing in Magellan Stock, it is important to understand the factors that can impact its price. Magellan Energy is out of control given 3 months investment horizon. Magellan Energy 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 were able to break down and interpolate twelve different technical indicators, which can help you to evaluate if expected returns of 16.95% are justified by taking the suggested risk. Use Magellan Energy Risk Adjusted Performance of 0.1207, standard deviation of 130.19, and Mean Deviation of 33.32 to evaluate company specific risk that cannot be diversified away.
Magellan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Magellan |
Sharpe Ratio = 0.1302
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Estimated Market Risk
| 130.19 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Magellan Energy 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 Energy by adding it to a well-diversified portfolio.
Magellan Energy Valuation on November 11, 2024
It is possible to determine the worth of Magellan Energy on a given historical date. On November 11, 2024 Magellan was worth 0.0 at the beginning of the trading date compared to the closed value of 0.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magellan Energy stock. Still, in general, we apply an absolute valuation method to find Magellan Energy'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 Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magellan Energy's related companies.
| Open | High | Low | Close | Volume | |
| 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | |
11/11/2024 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
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Magellan Energy Trading Date Momentum on November 11, 2024
| On November 12 2024 Magellan Energy was traded for 0.00 at the closing time. The top price for the day was 0.00 and the lowest listed price was 0.00 . There was no trading activity during the period 1.0. Lack of trading volume on November 12, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.00% . |
Magellan Energy Fundamentals Correlations and Trends
By evaluating Magellan Energy'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 Energy'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 Energy Stock history
Magellan Energy 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 Energy 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 Energy stock prices may prove useful in developing a viable investing in Magellan Energy
Magellan Energy, Ltd. focuses on the development, acquisition, stimulation, and rehabilitation of small to medium-sized oil and gas properties. The company was founded in 2005 and is based in Mississauga, Canada. MAGELLAN ENERGY operates under Oil Gas EP classification in the United States and is traded on PNK Exchange. It employs 377 people.
Magellan Energy Stock Technical Analysis
Magellan Energy 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 Energy Period Price Range
Low | January 23, 2025
| High |
0.00 | 0.00 |
Magellan Energy cannot be verified against its exchange. Please verify the symbol is currently traded on OTCCE 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 Energy January 23, 2025 Market Strength
Market strength indicators help investors to evaluate how Magellan Energy 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 Energy shares will generate the highest return on investment. By undertsting and applying Magellan Energy stock market strength indicators, traders can identify Magellan Energy entry and exit signals to maximize returns
Magellan Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Magellan Energy'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 | 0.1207 | |||
| Jensen Alpha | 18.17 | |||
| Total Risk Alpha | 11.12 | |||
| Treynor Ratio | (0.52) |
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Complementary Tools for Magellan Stock analysis
When running Magellan Energy's price analysis, check to measure Magellan Energy'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 Magellan Energy is operating at the current time. Most of Magellan Energy's value examination focuses on studying past and present price action to predict the probability of Magellan Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magellan Energy's price. Additionally, you may evaluate how the addition of Magellan Energy to your portfolios can decrease your overall portfolio volatility.
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