Magic Empire Global Stock Performance
| MEGL Stock | USD 1.66 0.05 3.11% |
The company secures a Beta (Market Risk) of -0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Magic Empire are expected to decrease at a much lower rate. During the bear market, Magic Empire is likely to outperform the market. At this point, Magic Empire Global has a negative expected return of -0.0082%. Please make sure to verify Magic Empire's jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if Magic Empire Global performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Magic Empire Global has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent technical and fundamental indicators, Magic Empire is not utilizing all of its potentials. The latest stock price mess, may contribute to short-term losses for the institutional investors. ...more
Last Split Factor 1:4 | Dividend Date 2023-11-22 | Ex Dividend Date 2023-10-13 | Last Split Date 2025-02-18 |
1 | Magic Empire Global Ltd. Restructures Share Classes and Leadership - TipRanks | 12/03/2024 |
2 | U.S. stocks higher at close of trade Dow Jones Industrial Average up 0.02 percent - Investing.com | 02/18/2025 |
| Begin Period Cash Flow | 121.8 M |
Magic |
Magic Empire Relative Risk vs. Return Landscape
If you would invest 210.00 in Magic Empire Global on November 28, 2024 and sell it today you would lose (44.00) from holding Magic Empire Global or give up 20.95% of portfolio value over 90 days. Magic Empire Global is currently does not generate positive expected returns and assumes 9.7519% risk (volatility on return distribution) over the 90 days horizon. In different words, 86% of stocks are less volatile than Magic, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Magic Empire Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Magic Empire's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Magic Empire Global, and traders can use it to determine the average amount a Magic Empire'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 = -8.0E-4
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MEGL |
Estimated Market Risk
| 9.75 actual daily | 86 86% of assets are less volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Magic Empire is not performing at its full potential. However, 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 Magic Empire by adding Magic Empire to a well-diversified portfolio.
Magic Empire Fundamentals Growth
Magic Stock prices reflect investors' perceptions of the future prospects and financial health of Magic Empire, and Magic Empire 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 Magic Stock performance.
| Return On Equity | -0.0043 | ||||
| Return On Asset | -0.0042 | ||||
| Profit Margin | (0.04) % | ||||
| Operating Margin | (0.20) % | ||||
| Current Valuation | (3.94 M) | ||||
| Shares Outstanding | 4.06 M | ||||
| Price To Earning | 250.00 X | ||||
| Price To Book | 0.45 X | ||||
| Price To Sales | 0.42 X | ||||
| Revenue | 13.79 M | ||||
| Gross Profit | 11.14 M | ||||
| EBITDA | 1.76 M | ||||
| Net Income | (483.81 K) | ||||
| Cash And Equivalents | 11.69 M | ||||
| Cash Per Share | 0.78 X | ||||
| Total Debt | 1.75 M | ||||
| Debt To Equity | 2.97 % | ||||
| Current Ratio | 1.20 X | ||||
| Book Value Per Share | 26.64 X | ||||
| Cash Flow From Operations | 94.49 K | ||||
| Earnings Per Share | (0.02) X | ||||
| Market Capitalization | 6.54 M | ||||
| Total Asset | 138.26 M | ||||
| Retained Earnings | (4.41 M) | ||||
| Working Capital | 92.27 M | ||||
About Magic Empire Performance
By examining Magic Empire's fundamental ratios, stakeholders can obtain critical insights into Magic Empire's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Magic Empire is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (172.60) | (181.23) | |
| Return On Capital Employed | (0.02) | (0.02) |
Things to note about Magic Empire Global performance evaluation
Checking the ongoing alerts about Magic Empire for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Magic Empire Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Magic Empire Global generated a negative expected return over the last 90 days | |
| Magic Empire Global has high historical volatility and very poor performance | |
| Magic Empire Global may become a speculative penny stock | |
| Magic Empire Global has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 13.79 M. Net Loss for the year was (483.81 K) with profit before overhead, payroll, taxes, and interest of 11.14 M. | |
| Magic Empire Global has a strong financial position based on the latest SEC filings | |
| About 65.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: U.S. stocks higher at close of trade Dow Jones Industrial Average up 0.02 percent - Investing.com |
- Analyzing Magic Empire'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 Magic Empire's stock is overvalued or undervalued compared to its peers.
- Examining Magic Empire'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 Magic Empire's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Magic Empire's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Magic Empire's stock. These opinions can provide insight into Magic Empire's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Empire Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magic Empire. If investors know Magic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magic Empire listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Earnings Share (0.02) | Revenue Per Share | Quarterly Revenue Growth 0.269 | Return On Assets |
The market value of Magic Empire Global is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Empire's value that differs from its market value or its book value, called intrinsic value, which is Magic Empire's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magic Empire's market value can be influenced by many factors that don't directly affect Magic Empire's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magic Empire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Empire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Empire's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.