MGIH Surges Over 245 percent Amid Strong Market Performance

MTG Stock  USD 23.69  0.31  1.29%   
Roughly 54% of MGIC Investment's investor base is interested to short. The analysis of the overall prospects from investing in MGIC Investment Corp suggests that many traders are, at the present time, impartial. The current market sentiment, together with MGIC Investment's historical and current headlines, can help investors time the market. In addition, many technical investors use MGIC Investment Corp stock news signals to limit their universe of possible portfolio assets.
  
On Thursday, shares of MGIC Investment Corporation skyrocketed by more than 245, reaching 5.29. Established in 1978, the company operates in China and

Read at gurufocus.com
Gurufocus Stories at Macroaxis
  

MGIC Investment Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards MGIC Investment can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

MGIC Investment Fundamental Analysis

We analyze MGIC Investment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MGIC Investment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MGIC Investment 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.

Current Ratio

Current Ratio Comparative Analysis

MGIC Investment is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

MGIC Investment Corp 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 MGIC Investment stock to make a market-neutral strategy. Peer analysis of MGIC Investment could also be used in its relative valuation, which is a method of valuing MGIC Investment by comparing valuation metrics with similar companies.

Peers

MGIC Investment Related Equities

JRVRJames River   1.47   
0%
60.0%
NMIHNMI Holdings   0.73   
0%
29.0%
ICCHICC Holdings   0.21   
0%
8.0%
MBIMBIA   0.16   
0%
6.0%
AGOAssured Guaranty   0.07   
2.0%
0%
AMBCAmbac Financial   0.64   
26.0%
0%
ESNTEssent   0.66   
27.0%
0%
RDNRadian   0.87   
35.0%
0%
AMSFAMERISAFE   0.98   
40.0%
0%
EIGEmployers Holdings   1.01   
41.0%
0%
ITICInvestors Title   2.44   
100.0%
0%

Complementary Tools for MGIC Stock analysis

When running MGIC Investment's price analysis, check to measure MGIC Investment'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 MGIC Investment is operating at the current time. Most of MGIC Investment's value examination focuses on studying past and present price action to predict the probability of MGIC Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGIC Investment's price. Additionally, you may evaluate how the addition of MGIC Investment to your portfolios can decrease your overall portfolio volatility.
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets