Magnora ASA (Norway) Analysis
| MGN Stock | 24.30 0.75 2.99% |
Magnora ASA is overvalued with Real Value of 24.01 and Hype Value of 25.05. The main objective of Magnora ASA stock analysis is to determine its intrinsic value, which is an estimate of what Magnora ASA is worth, separate from its market price. There are two main types of Magnora ASA's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Magnora ASA's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Magnora ASA's stock to identify patterns and trends that may indicate its future price movements.
The Magnora ASA stock is traded in Norway on Oslo Stock Exchange, with the market opening at 09:00:00 and closing at 16:20:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Norway.
Magnora |
Magnora Stock Analysis Notes
About 40.0% of the company outstanding shares are owned by corporate insiders. The book value of Magnora ASA was now reported as 4.96. The company recorded a loss per share of 1.28. Magnora ASA last dividend was issued on the 20th of July 2020. The entity had 1:100 split on the 1st of December 2011. To find out more about Magnora ASA learn more at https://www.magnoraasa.com.Magnora ASA Investment Alerts
| Magnora ASA has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 15.2 M. Net Loss for the year was (62.8 M) with profit before overhead, payroll, taxes, and interest of 15.2 M. | |
| Magnora ASA generates negative cash flow from operations | |
| About 40.0% of the company outstanding shares are owned by corporate insiders |
Magnora Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.6 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Magnora ASA's market, we take the total number of its shares issued and multiply it by Magnora ASA's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 2nd of December, Magnora ASA secures the Mean Deviation of 1.51, downside deviation of 1.99, and Risk Adjusted Performance of 0.0431. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Magnora ASA, as well as the relationship between them. Please verify Magnora ASA standard deviation, value at risk, kurtosis, as well as the relationship between the jensen alpha and semi variance to decide if Magnora ASA is priced some-what accurately, providing market reflects its recent price of 24.3 per share.Magnora ASA Price Movement Analysis
The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Magnora ASA middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Magnora ASA. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Magnora ASA Outstanding Bonds
Magnora ASA issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Magnora ASA uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Magnora bonds can be classified according to their maturity, which is the date when Magnora ASA has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Magnora ASA Predictive Daily Indicators
Magnora ASA intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Magnora ASA stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 2423.6 | |||
| Daily Balance Of Power | (1.15) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 24.63 | |||
| Day Typical Price | 24.52 | |||
| Price Action Indicator | (0.70) | |||
| Period Momentum Indicator | (0.75) |
Magnora ASA Forecast Models
Magnora ASA's time-series forecasting models are one of many Magnora ASA's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Magnora ASA's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Magnora ASA to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Information on Investing in Magnora Stock
Magnora ASA financial ratios help investors to determine whether Magnora Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Magnora with respect to the benefits of owning Magnora ASA security.