Magna International Maintained at Outperform at BMO Ahead of Q4 Results Price Target Kept at US67.00 - Marketscreener.com
MGA Stock | EUR 43.29 1.09 2.58% |
Roughly 55% of Magna International's stockholders are presently thinking to get in. The analysis of current outlook of investing in Magna International suggests that some traders are interested regarding Magna International's prospects. The current market sentiment, together with Magna International's historical and current headlines, can help investors time the market. In addition, many technical investors use Magna International stock news signals to limit their universe of possible portfolio assets.
Magna International stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Magna daily returns and investor perception about the current price of Magna International as well as its diversification or hedging effects on your existing portfolios.
Magna |
Magna International Maintained at Outperform at BMO Ahead of Q4 Results Price Target Kept at US67.00 Marketscreener.com
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Magna International Fundamental Analysis
We analyze Magna International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magna International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magna International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Magna International Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Magna International stock to make a market-neutral strategy. Peer analysis of Magna International could also be used in its relative valuation, which is a method of valuing Magna International by comparing valuation metrics with similar companies.
Peers
Magna International Related Equities
VNX | NXP Semiconductors | 1.40 | ||||
BSI | BE Semiconductor | 1.36 | ||||
ELG | ELMOS SEMICONDUCTOR | 0.65 | ||||
7JZ | ARDAGH METAL | 0.58 | ||||
KLU1 | Kaiser Aluminum | 0.67 | ||||
5PMA | GREENX METALS | 4.88 |
Complementary Tools for Magna Stock analysis
When running Magna International's price analysis, check to measure Magna International'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 International is operating at the current time. Most of Magna International's value examination focuses on studying past and present price action to predict the probability of Magna International'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 International's price. Additionally, you may evaluate how the addition of Magna International to your portfolios can decrease your overall portfolio volatility.
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