Magna Mining Stock Price on December 2, 2024
| MGMNF Stock | 1.11 0.09 7.50% |
If you're considering investing in Magna Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Magna Mining stands at 1.11, as last reported on the 30th of March, with the highest price reaching 1.14 and the lowest price hitting 1.11 during the day. Magna Mining appears to be dangerous, given 3 months investment horizon. Magna Mining has Sharpe Ratio of 0.0823, which conveys that the firm had a 0.0823 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Magna Mining, which you can use to evaluate the volatility of the firm. Please exercise Magna Mining's Mean Deviation of 3.08, downside deviation of 3.72, and Risk Adjusted Performance of 0.0655 to check out if our risk estimates are consistent with your expectations.
Magna Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Magna |
Sharpe Ratio = 0.0823
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MGMNF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.01 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Magna Mining is performing at about 6% 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 Magna Mining by adding it to a well-diversified portfolio.
Magna Mining Valuation on December 2, 2024
It is possible to determine the worth of Magna Mining on a given historical date. On December 2, 2024 Magna was worth 1.04 at the beginning of the trading date compared to the closed value of 1.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magna Mining pink sheet. Still, in general, we apply an absolute valuation method to find Magna Mining'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 Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magna Mining's related companies.
| Open | High | Low | Close | Volume | |
| 1.02 | 1.06 | 1.02 | 1.02 | 49,334 | |
12/02/2024 | 1.04 | 1.06 | 1.03 | 1.06 | 97,156 |
| 1.09 | 1.20 | 1.09 | 1.18 | 131,935 |
| Backtest Magna Mining | | | Magna Mining History | | | Magna Mining Valuation | Previous | Next |
Magna Mining Trading Date Momentum on December 2, 2024
| On December 03 2024 Magna Mining was traded for 1.18 at the closing time. The highest daily price throughout the period was 1.20 and the lowest price was 1.09 . The daily volume was 131.9 K. The net trading volume on 12/03/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 11.32% . The trading delta at closing time to current closing price is 4.72% . |
Magna Mining Fundamentals Correlations and Trends
By evaluating Magna Mining'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 Mining'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 Mining Pink Sheet history
Magna Mining 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 Mining 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 Mining stock prices may prove useful in developing a viable investing in Magna Mining
Magna Mining Pink Sheet Technical Analysis
Magna Mining technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Magna Mining Period Price Range
Low | March 30, 2025
| High |
0.00 | 0.00 |
Magna Mining cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 Mining March 30, 2025 Market Strength
Market strength indicators help investors to evaluate how Magna Mining pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magna Mining shares will generate the highest return on investment. By undertsting and applying Magna Mining pink sheet market strength indicators, traders can identify Magna Mining entry and exit signals to maximize returns
Magna Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Magna Mining's price direction in advance. Along with the technical and fundamental analysis of Magna Pink Sheet 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 | 0.0655 | |||
| Jensen Alpha | 0.334 | |||
| Total Risk Alpha | 0.501 | |||
| Sortino Ratio | 0.0828 | |||
| Treynor Ratio | 0.1718 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Magna Pink Sheet analysis
When running Magna Mining's price analysis, check to measure Magna Mining'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 Magna Mining is operating at the current time. Most of Magna Mining's value examination focuses on studying past and present price action to predict the probability of Magna Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna Mining's price. Additionally, you may evaluate how the addition of Magna Mining to your portfolios can decrease your overall portfolio volatility.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |