Magnis Energy Technologies Stock Performance
| MNSEF Stock | USD 0.03 0.00 0.00% |
Magnis Energy holds a performance score of 10 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.61, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Magnis Energy are expected to decrease by larger amounts. On the other hand, during market turmoil, Magnis Energy is expected to outperform it. Use Magnis Energy Techno jensen alpha and the relationship between the maximum drawdown and rate of daily change , to analyze future returns on Magnis Energy Techno.
Risk-Adjusted Performance
10 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Magnis Energy Technologies are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak technical and fundamental indicators, Magnis Energy reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 72.9 M | |
| Total Cashflows From Investing Activities | -51.3 M | |
| Free Cash Flow | -81.2 M |
Magnis |
Magnis Energy Relative Risk vs. Return Landscape
If you would invest 2.00 in Magnis Energy Technologies on September 2, 2024 and sell it today you would earn a total of 1.00 from holding Magnis Energy Technologies or generate 50.0% return on investment over 90 days. Magnis Energy Technologies is currently producing 3.1186% returns and takes up 23.3043% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Magnis, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Magnis Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Magnis Energy's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Magnis Energy Technologies, and traders can use it to determine the average amount a Magnis Energy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1338
| Best Portfolio | Best Equity | |||
| Good Returns | MNSEF | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 23.3 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.12 actual daily | 62 62% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Magnis 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 Magnis Energy by adding it to a well-diversified portfolio.
Magnis Energy Fundamentals Growth
Magnis Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Magnis Energy, and Magnis Energy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Magnis Pink Sheet performance.
| Return On Equity | -1.17 | |||
| Return On Asset | -0.0952 | |||
| Current Valuation | 329.02 M | |||
| Shares Outstanding | 970.33 M | |||
| Price To Book | 8.49 X | |||
| Price To Sales | 1,000,000 X | |||
| Revenue | 2 | |||
| EBITDA | (50.86 M) | |||
| Cash And Equivalents | 100.24 M | |||
| Cash Per Share | 0.10 X | |||
| Total Debt | 145.11 M | |||
| Debt To Equity | 3.83 % | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | (47.11 M) | |||
| Earnings Per Share | (0.02) X | |||
| Total Asset | 228.64 M | |||
About Magnis Energy Performance
By analyzing Magnis Energy's fundamental ratios, stakeholders can gain valuable insights into Magnis Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Magnis Energy has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Magnis Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Magnis Energy Technologies Limited engages in the exploration and development of mineral properties in the United States, Australia, and Tanzania. Magnis Energy Technologies Limited was incorporated in 2005 and is based in Sydney, Australia. Magnis Energy operates under Electrical Equipment Parts classification in the United States and is traded on OTC Exchange. It employs 20 people.Things to note about Magnis Energy Techno performance evaluation
Checking the ongoing alerts about Magnis Energy for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Magnis Energy Techno help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Magnis Energy Techno is way too risky over 90 days horizon | |
| Magnis Energy Techno has some characteristics of a very speculative penny stock | |
| Magnis Energy Techno appears to be risky and price may revert if volatility continues | |
| Magnis Energy Techno has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 2. Net Loss for the year was (40.82 M) with loss before overhead, payroll, taxes, and interest of (1.1 M). | |
| Magnis Energy Technologies has accumulated about 100.24 M in cash with (47.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 20.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Magnis Energy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Magnis Energy's stock is overvalued or undervalued compared to its peers.
- Examining Magnis Energy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Magnis Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Magnis Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Magnis Energy's pink sheet. These opinions can provide insight into Magnis Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Magnis Pink Sheet analysis
When running Magnis Energy's price analysis, check to measure Magnis 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 Magnis Energy is operating at the current time. Most of Magnis Energy's value examination focuses on studying past and present price action to predict the probability of Magnis 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 Magnis Energy's price. Additionally, you may evaluate how the addition of Magnis Energy to your portfolios can decrease your overall portfolio volatility.
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |