Magellan Energy Stock Price on November 8, 2023
| MGLG Stock | USD 0.00001 0.00 0.00% |
Below is the normalized historical share price chart for Magellan Energy extending back to July 20, 2001. 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 Magellan Energy stands at 0.00001, as last reported on the 16th of December 2024, with the highest price reaching 0.00001 and the lowest price hitting 0.00001 during the day.
If you're considering investing in Magellan Stock, it is important to understand the factors that can impact its price. Magellan Energy 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 were able to break down and interpolate two different technical indicators, which can help you to evaluate if expected returns of 15.63% are justified by taking the suggested risk.
The Magellan Energy's current Other Stockholder Equity is estimated to increase to about 391.3 K, while Total Stockholder Equity is projected to decrease to roughly 3.9 M. . Magellan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Beta (2.82) |
Magellan |
Sharpe Ratio = 0.125
| Best Portfolio | Best Equity | MGLG | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 125.0 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Magellan Energy is performing at about 9% 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 Magellan Energy by adding it to a well-diversified portfolio.
Price Sales 0.0024 | Shares Outstanding 7.8 B | Market Capitalization 78 K |
Magellan Energy Valuation on November 8, 2023
It is possible to determine the worth of Magellan Energy on a given historical date. On November 8, 2023 Magellan was worth 0.0 at the beginning of the trading date compared to the closed value of 0.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magellan Energy stock. Still, in general, we apply an absolute valuation method to find Magellan Energy'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 Magellan Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magellan Energy's related companies.
| Open | High | Low | Close | Volume | |
| 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | |
11/08/2023 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| Backtest Magellan Energy | | | Magellan Energy History | | | Magellan Energy Valuation | Previous | Next |
Magellan Energy Trading Date Momentum on November 8, 2023
| On November 09 2023 Magellan Energy was traded for 0.00 at the closing time. The top price for the day was 0.00 and the lowest listed price was 0.00 . There was no trading activity during the period 1.0. Lack of trading volume on November 9, 2023 did not cause price change. The trading delta at closing time against the current closing price is 0.00% . |
Magellan Energy Fundamentals Correlations and Trends
By evaluating Magellan Energy'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 Magellan Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Magellan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Magellan Energy Stock history
Magellan Energy 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 Magellan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magellan Energy 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 Magellan Energy stock prices may prove useful in developing a viable investing in Magellan Energy
| Last Reported | Projected for Next Year | ||
| Net Loss | -4.1 M | -3.9 M |
Magellan Energy Stock Technical Analysis
Magellan Energy 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
Magellan Energy Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Magellan Energy cannot be verified against its exchange. Please verify the symbol is currently traded on OTCCE 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.
Magellan Energy December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Magellan Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magellan Energy shares will generate the highest return on investment. By undertsting and applying Magellan Energy stock market strength indicators, traders can identify Magellan Energy entry and exit signals to maximize returns
Complementary Tools for Magellan Stock analysis
When running Magellan Energy's price analysis, check to measure Magellan Energy'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 Magellan Energy is operating at the current time. Most of Magellan Energy's value examination focuses on studying past and present price action to predict the probability of Magellan Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magellan Energy's price. Additionally, you may evaluate how the addition of Magellan Energy to your portfolios can decrease your overall portfolio volatility.
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