MGIC Investment Financials
MGC Stock | EUR 22.40 0.60 2.61% |
MGIC |
MGIC Investment Stock Summary
MGIC Investment competes with Mapfre SA, First American, Assured Guaranty, and Radian. MGIC Investment Corporation, through its subsidiaries, provides private mortgage insurance, other mortgage credit risk management solutions, and ancillary services to lenders and government sponsored entities in the United States. MGIC Investment Corporation was founded in 1957 and is headquartered in Milwaukee, Wisconsin. MGIC INV operates under Insurance - Specialty classification in Germany and is traded on Frankfurt Stock Exchange. It employs 793 people.Foreign Associate | USA |
Instrument | Germany Stock View All |
Exchange | Frankfurt Exchange |
ISIN | US5528481030 |
Business Address | MGIC Plaza, Milwaukee, |
Sector | Financial Services |
Industry | Insurance - Specialty |
Benchmark | Dow Jones Industrial |
Website | mtg.mgic.com |
Phone | 414 347 6480 |
Currency | EUR - Euro |
You should never invest in MGIC Investment without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of MGIC Stock, because this is throwing your money away. Analyzing the key information contained in MGIC Investment's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
MGIC Investment Key Financial Ratios
There are many critical financial ratios that MGIC Investment's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that MGIC Investment reports annually and quarterly.MGIC Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining MGIC Investment's current stock value. Our valuation model uses many indicators to compare MGIC Investment value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across MGIC Investment competition to find correlations between indicators driving MGIC Investment's intrinsic value. More Info.MGIC Investment is regarded second in return on equity category among its peers. It also is regarded second in return on asset category among its peers reporting about 0.60 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for MGIC Investment is roughly 1.67 . 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 MGIC Investment's earnings, one of the primary drivers of an investment's value.MGIC Investment Systematic Risk
MGIC Investment's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. MGIC Investment volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on MGIC Investment correlated with the market. If Beta is less than 0 MGIC Investment generally moves in the opposite direction as compared to the market. If MGIC Investment Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MGIC Investment is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MGIC Investment is generally in the same direction as the market. If Beta > 1 MGIC Investment moves generally in the same direction as, but more than the movement of the benchmark.
MGIC Investment December 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of MGIC Investment help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of MGIC Investment. We use our internally-developed statistical techniques to arrive at the intrinsic value of MGIC Investment based on widely used predictive technical indicators. In general, we focus on analyzing MGIC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MGIC Investment's daily price indicators and compare them against related drivers.
Information Ratio | (0.02) | |||
Maximum Drawdown | 8.72 | |||
Value At Risk | (2.61) | |||
Potential Upside | 2.52 |
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.
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