Magnite Stock Price on December 31, 2022

MGNI Stock  USD 12.30  0.44  3.45%   
Below is the normalized historical share price chart for Magnite extending back to April 02, 2014. 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 Magnite stands at 12.30, as last reported on the 29th of March, with the highest price reaching 12.99 and the lowest price hitting 12.27 during the day.
IPO Date
2nd of April 2014
200 Day MA
14.648
50 Day MA
15.9782
Beta
2.792
 
Yuan Drop
 
Covid
If you're considering investing in Magnite Stock, it is important to understand the factors that can impact its price. Magnite has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11 % return per unit of risk over the last 3 months. Magnite exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Magnite's Standard Deviation of 3.67, mean deviation of 2.87, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide.
  
As of now, Magnite's Common Stock is increasing as compared to previous years. The Magnite's current Stock Based Compensation is estimated to increase to about 80.3 M, while Common Stock Shares Outstanding is projected to decrease to under 79.1 M. . As of now, Magnite's Price Cash Flow Ratio is decreasing as compared to previous years. The Magnite's current Price Sales Ratio is estimated to increase to 5.48, while Price Earnings Ratio is projected to decrease to 93.29. Magnite Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1069

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Estimated Market Risk

 3.76
  actual daily
33
67% of assets are more volatile

Expected Return

 -0.4
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Magnite 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 Magnite by adding Magnite to a well-diversified portfolio.
Price Book
2.1576
Enterprise Value Ebitda
15.917
Price Sales
2.4807
Shares Float
140.6 M
Wall Street Target Price
20.625

Related Headline

Deluxe Headline on 9th of March 2023

Filed transaction by Deluxe Corp officer. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3

Magnite Valuation on December 31, 2022

It is possible to determine the worth of Magnite on a given historical date. On December 31, 2022 Magnite was worth 9.94 at the beginning of the trading date compared to the closed value of 9.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magnite stock. Still, in general, we apply an absolute valuation method to find Magnite'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 Magnite where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magnite's related companies.
 Open High Low Close Volume
03/09/2023
  9.94    9.96    9.20    9.30    1,794,500  
  9.27    9.27    8.68    8.75    1,683,500  
Backtest Magnite  |  Magnite History  |  Magnite Valuation Next  
Open Value
9.94
9.3
Closing Value
21.23
Upside

Magnite Trading Date Momentum on December 31, 2022

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Magnite Fundamentals Correlations and Trends

By evaluating Magnite'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 Magnite's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Magnite financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Magnite Stock history

Magnite 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 Magnite is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magnite 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 Magnite stock prices may prove useful in developing a viable investing in Magnite
Last ReportedProjected for Next Year
Common Stock Shares Outstanding146.8 M79.1 M
Net Loss-117.3 M-111.4 M

Magnite Quarterly Net Working Capital

207.2 Million

Magnite Stock Technical Analysis

Magnite 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.
A focus of Magnite technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Magnite trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Magnite Period Price Range

Low
March 29, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Magnite cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Magnite March 29, 2025 Market Strength

Market strength indicators help investors to evaluate how Magnite stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magnite shares will generate the highest return on investment. By undertsting and applying Magnite stock market strength indicators, traders can identify Magnite entry and exit signals to maximize returns

Magnite Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Magnite's price direction in advance. Along with the technical and fundamental analysis of Magnite Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magnite 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.

Complementary Tools for Magnite Stock analysis

When running Magnite's price analysis, check to measure Magnite'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 Magnite is operating at the current time. Most of Magnite's value examination focuses on studying past and present price action to predict the probability of Magnite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnite's price. Additionally, you may evaluate how the addition of Magnite to your portfolios can decrease your overall portfolio volatility.
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