Magna International Stock Price on December 2, 2024
| MGA Stock | USD 45.71 0.10 0.22% |
Below is the normalized historical share price chart for Magna International extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Magna International stands at 45.71, as last reported on the 11th of December 2024, with the highest price reaching 46.52 and the lowest price hitting 45.16 during the day.
If you're considering investing in Magna Stock, it is important to understand the factors that can impact its price. Magna International appears to be very steady, given 3 months investment horizon. Magna International has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Magna International, which you can use to evaluate the volatility of the firm. Please exercise Magna International's Downside Deviation of 2.44, risk adjusted performance of 0.0919, and Mean Deviation of 1.5 to check out if our risk estimates are consistent with your expectations.
At present, Magna International's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 33.9 B, whereas Total Stockholder Equity is forecasted to decline to about 6.4 B. . At present, Magna International's Price To Operating Cash Flows Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 41.60, whereas Price To Sales Ratio is forecasted to decline to 0.38. Magna Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 45.0946 | 50 Day MA 42.8778 | Beta 1.604 |
Magna |
Sharpe Ratio = 0.1278
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MGA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.15 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Magna International is performing at about 10% of its full potential. 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 Magna International by adding it to a well-diversified portfolio.
Price Book 1.0724 | Enterprise Value Ebitda 5.815 | Price Sales 0.3091 | Shares Float 286.8 M | Dividend Share 1.9 |
Magna International Main Headline on 2nd of December 2024
Automotive ESP Market to Grow by USD 10.91 Billion , Driven ... by finance.yahoo.com
Report on how AI is redefining market landscape - The global automotive engineering service providers market size is estimated to grow by USD 10.91 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 9.64 percent during the forecast period. Increasing digitization and electrification of automobiles is driving market growth, with a trend towards development of autonomous vehicles. However, evolving regulatory landscape of automotive industry poses a ch
Magna International Valuation on December 2, 2024
It is possible to determine the worth of Magna International on a given historical date. On December 2, 2024 Magna was worth 45.42 at the beginning of the trading date compared to the closed value of 45.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magna International stock. Still, in general, we apply an absolute valuation method to find Magna International's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Magna International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magna International's related companies.
| Open | High | Low | Close | Volume | |
| 45.00 | 45.33 | 44.52 | 45.14 | 924,253 | |
12/02/2024 | 45.42 | 45.71 | 45.13 | 45.28 | 926,769 |
| 45.36 | 46.05 | 45.08 | 45.61 | 1,352,269 |
| Backtest Magna International | | | Magna International History | | | Magna International Valuation | Previous | Next |
Magna International Trading Date Momentum on December 2, 2024
| On December 03 2024 Magna International was traded for 45.61 at the closing time. Highest Magna International's price during the trading hours was 46.05 and the lowest price during the day was 45.08 . The net volume was 1.4 M. The overall trading history on the 3rd of December contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 0.73% . The trading delta at closing time to current price is 1.21% . |
Magna International Fundamentals Correlations and Trends
By evaluating Magna International's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Magna International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Magna financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Magna International Stock history
Magna International investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Magna is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magna International will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Magna International stock prices may prove useful in developing a viable investing in Magna International
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 286.6 M | 356.6 M | |
| Net Income Applicable To Common Shares | 680.8 M | 1.2 B |
Magna International Quarterly Net Working Capital |
|
Magna International Stock Technical Analysis
Magna International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Magna International Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Magna International cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Magna International December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Magna International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magna International shares will generate the highest return on investment. By undertsting and applying Magna International stock market strength indicators, traders can identify Magna International entry and exit signals to maximize returns
Magna International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Magna International's price direction in advance. Along with the technical and fundamental analysis of Magna Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magna to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0919 | |||
| Jensen Alpha | 0.1116 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0524 | |||
| Treynor Ratio | 0.2119 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Magna Stock analysis
When running Magna International's price analysis, check to measure Magna International'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 Magna International is operating at the current time. Most of Magna International's value examination focuses on studying past and present price action to predict the probability of Magna International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna International's price. Additionally, you may evaluate how the addition of Magna International to your portfolios can decrease your overall portfolio volatility.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |