Yara Northern Lights Ink CO2 Transport Storage Deal - Nasdaq
| U1P Stock | EUR 0.04 0.00 0.00% |
Slightly above 56% of Magnis Resources' investor base is looking to short. The analysis of current outlook of investing in Magnis Resources Limited suggests that many traders are alarmed regarding Magnis Resources' prospects. Magnis Resources' investing sentiment can be driven by a variety of factors including economic data, Magnis Resources' earnings reports, geopolitical events, and overall market trends.
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Yara Northern Lights Ink CO2 Transport Storage Deal Nasdaq
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Magnis Resources Fundamental Analysis
We analyze Magnis Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magnis Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magnis Resources 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Magnis Resources is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Magnis Resources 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 Magnis Resources stock to make a market-neutral strategy. Peer analysis of Magnis Resources could also be used in its relative valuation, which is a method of valuing Magnis Resources by comparing valuation metrics with similar companies.
Peers
Magnis Resources Related Equities
| 7IG | International Game | 1.21 | ||||
| QBE | QBE Insurance | 0.85 | ||||
| SFN | Safety Insurance | 0.63 | ||||
| H3M | Hochschild Mining | 0.74 | ||||
| H0O | REVO INSURANCE | 2.15 | ||||
| AF4 | HANOVER INSURANCE | 2.72 |
Additional Tools for Magnis Stock Analysis
When running Magnis Resources' price analysis, check to measure Magnis Resources' 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 Resources is operating at the current time. Most of Magnis Resources' value examination focuses on studying past and present price action to predict the probability of Magnis Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnis Resources' price. Additionally, you may evaluate how the addition of Magnis Resources to your portfolios can decrease your overall portfolio volatility.