Magnis Energy Technologies Stock Price on December 20, 2024
MNSEF Stock | USD 0.02 0.01 33.33% |
If you're considering investing in Magnis Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Magnis Energy stands at 0.02, as last reported on the 22nd of December, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Magnis Energy is out of control given 3 months investment horizon. Magnis Energy Techno has Sharpe Ratio of 0.0809, which conveys that the firm had a 0.0809% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.35% are justified by taking the suggested risk. Use Magnis Energy Techno Risk Adjusted Performance of 0.0786, mean deviation of 11.1, and Downside Deviation of 25.8 to evaluate company specific risk that cannot be diversified away.
Magnis Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Magnis |
Sharpe Ratio = 0.0809
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Estimated Market Risk
16.74 actual daily | 96 96% of assets are less volatile |
Expected Return
1.35 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Magnis Energy is performing at about 6% 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 Magnis Energy by adding it to a well-diversified portfolio.
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Magnis Energy Valuation on December 20, 2024
It is possible to determine the worth of Magnis Energy on a given historical date. On December 20, 2024 Magnis was worth 0.02 at the beginning of the trading date compared to the closed value of 0.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magnis Energy pink sheet. Still, in general, we apply an absolute valuation method to find Magnis 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 Magnis Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magnis Energy's related companies.
Open | High | Low | Close | Volume | |
0.02 | 0.02 | 0.02 | 0.02 | 148,100 | |
12/20/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 5,000 |
0.02 | 0.02 | 0.02 | 0.02 | 0.00 |
Backtest Magnis Energy | | | Magnis Energy History | | | Magnis Energy Valuation | Previous | Next |
Magnis Energy Trading Date Momentum on December 20, 2024
On December 22 2024 Magnis Energy Technologies was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.02 . There was no trading activity during the period 0.0. Lack of trading volume on 12/22/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Magnis Energy Techno Fundamentals Correlations and Trends
By evaluating Magnis 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 Magnis Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Magnis financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Magnis Energy Pink Sheet history
Magnis 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 Magnis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magnis Energy Techno 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 Magnis Energy stock prices may prove useful in developing a viable investing in Magnis Energy
Magnis Energy Technologies Limited engages in the exploration and development of mineral properties in the United States, Australia, and Tanzania. Magnis Energy Technologies Limited was incorporated in 2005 and is based in Sydney, Australia. Magnis Energy operates under Electrical Equipment Parts classification in the United States and is traded on OTC Exchange. It employs 20 people.
Magnis Energy Pink Sheet Technical Analysis
Magnis Energy technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Magnis Energy Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
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Magnis Energy December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Magnis Energy pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magnis Energy shares will generate the highest return on investment. By undertsting and applying Magnis Energy pink sheet market strength indicators, traders can identify Magnis Energy Technologies entry and exit signals to maximize returns
Magnis Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Magnis Energy's price direction in advance. Along with the technical and fundamental analysis of Magnis Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magnis 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 | 0.0786 | |||
Jensen Alpha | 1.54 | |||
Total Risk Alpha | 1.07 | |||
Sortino Ratio | 0.0602 | |||
Treynor Ratio | 1.11 |
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Complementary Tools for Magnis Pink Sheet analysis
When running Magnis Energy's price analysis, check to measure Magnis 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 Magnis Energy is operating at the current time. Most of Magnis Energy's value examination focuses on studying past and present price action to predict the probability of Magnis 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 Magnis Energy's price. Additionally, you may evaluate how the addition of Magnis Energy to your portfolios can decrease your overall portfolio volatility.
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