Magnachip Semiconductor (Germany) Price on November 26, 2024
| SMG Stock | EUR 4.16 0.06 1.42% |
If you're considering investing in Magnachip Stock, it is important to understand the factors that can impact its price. As of today, the current price of Magnachip Semiconductor stands at 4.16, as last reported on the 4th of December, with the highest price reaching 4.20 and the lowest price hitting 3.96 during the day. At this point, Magnachip Semiconductor is relatively risky. Magnachip Semiconductor has Sharpe Ratio of 0.0398, which conveys that the firm had a 0.0398% return per unit of risk over the last 3 months. We have found thirty technical indicators for Magnachip Semiconductor, which you can use to evaluate the volatility of the firm. Please verify Magnachip Semiconductor's Risk Adjusted Performance of 0.0433, mean deviation of 2.13, and Downside Deviation of 3.4 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
Magnachip Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Magnachip |
Sharpe Ratio = 0.0398
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Estimated Market Risk
| 3.17 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Magnachip Semiconductor is performing at about 3% 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 Magnachip Semiconductor by adding it to a well-diversified portfolio.
Magnachip Semiconductor Valuation on November 26, 2024
It is possible to determine the worth of Magnachip Semiconductor on a given historical date. On November 26, 2024 Magnachip was worth 3.76 at the beginning of the trading date compared to the closed value of 3.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magnachip Semiconductor stock. Still, in general, we apply an absolute valuation method to find Magnachip Semiconductor'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 Magnachip Semiconductor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magnachip Semiconductor's related companies.
| Open | High | Low | Close | Volume | |
| 3.66 | 3.66 | 3.50 | 3.56 | 1.00 | |
11/26/2024 | 3.76 | 3.76 | 3.56 | 3.66 | 1.00 |
| 3.88 | 3.88 | 3.66 | 3.78 | 1.00 |
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Magnachip Semiconductor Trading Date Momentum on November 26, 2024
| On November 27 2024 Magnachip Semiconductor was traded for 3.78 at the closing time. The highest daily price throughout the period was 3.88 and the lowest price was 3.66 . There was no trading activity during the period 1.0. Lack of trading volume on 11/27/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 3.28% . The trading delta at closing time to current closing price is 14.75% . |
Magnachip Semiconductor Fundamentals Correlations and Trends
By evaluating Magnachip Semiconductor'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 Magnachip Semiconductor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Magnachip financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Magnachip Semiconductor Stock history
Magnachip Semiconductor 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 Magnachip is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magnachip Semiconductor 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 Magnachip Semiconductor stock prices may prove useful in developing a viable investing in Magnachip Semiconductor
MagnaChip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and sells analog and mixed-signal semiconductor platform solutions for communications, Internet of Things, consumer, industrial, and automotive applications. MagnaChip Semiconductor Corporation is based in Luxembourg City, Luxembourg. MAGNACHIP SEMIC is traded on Frankfurt Stock Exchange in Germany.
Magnachip Semiconductor Stock Technical Analysis
Magnachip Semiconductor 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
Magnachip Semiconductor Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Magnachip Semiconductor cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Magnachip Semiconductor December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Magnachip Semiconductor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magnachip Semiconductor shares will generate the highest return on investment. By undertsting and applying Magnachip Semiconductor stock market strength indicators, traders can identify Magnachip Semiconductor entry and exit signals to maximize returns
Magnachip Semiconductor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Magnachip Semiconductor's price direction in advance. Along with the technical and fundamental analysis of Magnachip Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magnachip 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 | 0.0433 | |||
| Jensen Alpha | 0.0948 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0101 | |||
| Treynor Ratio | 0.3315 |
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Complementary Tools for Magnachip Stock analysis
When running Magnachip Semiconductor's price analysis, check to measure Magnachip Semiconductor'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 Magnachip Semiconductor is operating at the current time. Most of Magnachip Semiconductor's value examination focuses on studying past and present price action to predict the probability of Magnachip Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnachip Semiconductor's price. Additionally, you may evaluate how the addition of Magnachip Semiconductor to your portfolios can decrease your overall portfolio volatility.
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