Magnora ASA Financials
| MGN Stock | 25.90 1.05 4.23% |
Magnora |
| Foreign Associate | USA |
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0010187032 |
| Business Address | Karenslyst All 2, |
| Sector | Utilities |
| Industry | Utilities-Renewable |
| Benchmark | Dow Jones Industrial |
| Website | www.magnoraasa.com |
You should never invest in Magnora ASA without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Magnora Stock, because this is throwing your money away. Analyzing the key information contained in Magnora ASA's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Magnora ASA Key Financial Ratios
There are many critical financial ratios that Magnora ASA's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Magnora ASA reports annually and quarterly.| Return On Equity | -0.27 | |||
| Return On Asset | -0.12 | |||
| Target Price | 44.17 | |||
| Number Of Employees | 10 | |||
| Beta | 1.68 |
Magnora Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Magnora ASA's current stock value. Our valuation model uses many indicators to compare Magnora ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magnora ASA competition to find correlations between indicators driving Magnora ASA's intrinsic value. More Info.Magnora ASA is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset 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 Magnora ASA's earnings, one of the primary drivers of an investment's value.Magnora ASA Systematic Risk
Magnora ASA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Magnora ASA 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Magnora ASA correlated with the market. If Beta is less than 0 Magnora ASA generally moves in the opposite direction as compared to the market. If Magnora ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Magnora ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Magnora ASA is generally in the same direction as the market. If Beta > 1 Magnora ASA moves generally in the same direction as, but more than the movement of the benchmark.
Magnora ASA December 13, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Magnora ASA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Magnora ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Magnora ASA based on widely used predictive technical indicators. In general, we focus on analyzing Magnora Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Magnora ASA's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.78 | |||
| Information Ratio | 0.0372 | |||
| Maximum Drawdown | 8.5 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 4.05 |
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.