Magyar Bancorp Stock Price on September 5, 2024

MGYR Stock  USD 14.57  0.09  0.62%   
Below is the normalized historical share price chart for Magyar Bancorp extending back to January 24, 2006. 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 Magyar Bancorp stands at 14.57, as last reported on the 15th of December 2024, with the highest price reaching 14.57 and the lowest price hitting 14.57 during the day.
IPO Date
24th of January 2006
200 Day MA
11.7096
50 Day MA
12.4284
Beta
0.276
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Magyar Stock, it is important to understand the factors that can impact its price. Magyar Bancorp appears to be very steady, given 3 months investment horizon. Magyar Bancorp has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Magyar Bancorp, which you can use to evaluate the volatility of the firm. Please exercise Magyar Bancorp's Risk Adjusted Performance of 0.1506, mean deviation of 0.9313, and Downside Deviation of 1.04 to check out if our risk estimates are consistent with your expectations.
  
At this time, Magyar Bancorp's Total Stockholder Equity is relatively stable compared to the past year. As of 12/15/2024, Common Stock Shares Outstanding is likely to grow to about 6.5 M, while Common Stock Total Equity is likely to drop slightly above 65.8 K. . At this time, Magyar Bancorp's Price Book Value Ratio is relatively stable compared to the past year. As of 12/15/2024, Price Earnings To Growth Ratio is likely to grow to 4.21, while Price Earnings Ratio is likely to drop 9.52. Magyar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2122

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Estimated Market Risk

 1.41
  actual daily
12
88% of assets are more volatile

Expected Return

 0.3
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.21
  actual daily
16
84% of assets perform better
Based on monthly moving average Magyar Bancorp is performing at about 16% 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 Magyar Bancorp by adding it to a well-diversified portfolio.
Price Book
0.8554
Price Sales
3.0022
Shares Float
5.2 M
Dividend Share
0.2
Wall Street Target Price
13

Magyar Bancorp Main Headline on 5th of September 2024

Filed transaction by Magyar Bancorp Director. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Magyar Bancorp Valuation on September 5, 2024

It is possible to determine the worth of Magyar Bancorp on a given historical date. On September 5, 2024 Magyar was worth 12.12 at the beginning of the trading date compared to the closed value of 12.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magyar Bancorp stock. Still, in general, we apply an absolute valuation method to find Magyar Bancorp'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 Magyar Bancorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magyar Bancorp's related companies.
 Open High Low Close Volume
  12.29    12.29    12.08    12.08    5,507  
09/05/2024
  12.12    12.30    12.10    12.13    2,837  
  12.13    12.23    12.13    12.23    490.00  
Backtest Magyar Bancorp  |  Magyar Bancorp History  |  Magyar Bancorp Valuation   PreviousNext  
Open Value
12.12
12.13
Closing Value
16.36
Upside

Magyar Bancorp Trading Date Momentum on September 5, 2024

On September 06 2024 Magyar Bancorp was traded for  12.23  at the closing time. The top price for the day was 12.23  and the lowest listed price was  12.13 . The trading volume for the day was 490. The trading history from September 6, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 0.82% . The trading delta at closing time against the current closing price is 0.49% .

Magyar Bancorp Fundamentals Correlations and Trends

By evaluating Magyar Bancorp'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 Magyar Bancorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Magyar financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Magyar Bancorp Stock history

Magyar Bancorp 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 Magyar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magyar Bancorp 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 Magyar Bancorp stock prices may prove useful in developing a viable investing in Magyar Bancorp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding6.3 M6.5 M
Net Income Applicable To Common Shares9.1 M9.6 M

Magyar Bancorp Stock Technical Analysis

Magyar Bancorp 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.
A focus of Magyar Bancorp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Magyar Bancorp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Magyar Bancorp Period Price Range

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Magyar Bancorp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Magyar Bancorp December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Magyar Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magyar Bancorp shares will generate the highest return on investment. By undertsting and applying Magyar Bancorp stock market strength indicators, traders can identify Magyar Bancorp entry and exit signals to maximize returns

Magyar Bancorp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Magyar Bancorp's price direction in advance. Along with the technical and fundamental analysis of Magyar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magyar 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.

Additional Tools for Magyar Stock Analysis

When running Magyar Bancorp's price analysis, check to measure Magyar Bancorp'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 Magyar Bancorp is operating at the current time. Most of Magyar Bancorp's value examination focuses on studying past and present price action to predict the probability of Magyar Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Bancorp's price. Additionally, you may evaluate how the addition of Magyar Bancorp to your portfolios can decrease your overall portfolio volatility.