MAG Interactive Return On Equity vs. Revenue
| MAGI Stock | SEK 9.62 0.12 1.26% |
For MAG Interactive profitability analysis, we use financial ratios and fundamental drivers that measure the ability of MAG Interactive to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well MAG Interactive AB utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between MAG Interactive's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of MAG Interactive AB over time as well as its relative position and ranking within its peers.
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MAG Interactive AB Revenue vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining MAG Interactive's current stock value. Our valuation model uses many indicators to compare MAG Interactive value to that of its competitors to determine the firm's financial worth. MAG Interactive AB is considered to be number one stock in return on equity category among its peers. It is regarded fourth in revenue category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the MAG Interactive's earnings, one of the primary drivers of an investment's value.MAG Revenue vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
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| = | -0.0111 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
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| = | 327.77 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
MAG Revenue vs Competition
MAG Interactive AB is regarded fourth in revenue category among its peers. Market size based on revenue of Electronic Gaming & Multimedia industry is now estimated at about 9.3 Billion. MAG Interactive holds roughly 327.77 Million in revenue claiming about 4% of equities under Electronic Gaming & Multimedia industry.
MAG Interactive Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in MAG Interactive, profitability is also one of the essential criteria for including it into their portfolios because, without profit, MAG Interactive will eventually generate negative long term returns. The profitability progress is the general direction of MAG Interactive's change in net profit over the period of time. It can combine multiple indicators of MAG Interactive, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
MAG Interactive AB develops and publishes mobile games worldwide. The company was founded in 2010 and is headquartered in Stockholm, Sweden. MAG Interactive is traded on Stockholm Stock Exchange in Sweden.
MAG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on MAG Interactive. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of MAG Interactive position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the MAG Interactive's important profitability drivers and their relationship over time.
Use MAG Interactive in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MAG Interactive position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MAG Interactive will appreciate offsetting losses from the drop in the long position's value.MAG Interactive Pair Trading
MAG Interactive AB Pair Trading Analysis
The ability to find closely correlated positions to MAG Interactive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MAG Interactive when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MAG Interactive - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MAG Interactive AB to buy it.
The correlation of MAG Interactive is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MAG Interactive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MAG Interactive AB moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MAG Interactive can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your MAG Interactive position
In addition to having MAG Interactive in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Banking Thematic Idea Now
Banking
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Banking theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Banking Theme or any other thematic opportunities.
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Additional Tools for MAG Stock Analysis
When running MAG Interactive's price analysis, check to measure MAG Interactive'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 MAG Interactive is operating at the current time. Most of MAG Interactive's value examination focuses on studying past and present price action to predict the probability of MAG Interactive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAG Interactive's price. Additionally, you may evaluate how the addition of MAG Interactive to your portfolios can decrease your overall portfolio volatility.