Magellan Energy Beta vs. Total Debt
| MGLG Stock | USD 0.00001 0.00 0.00% |
For Magellan Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Magellan Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Magellan Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Magellan Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Magellan Energy over time as well as its relative position and ranking within its peers.
Magellan |
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magellan Energy. If investors know Magellan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magellan Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Revenue Growth (0.32) | Return On Assets (0.05) | Return On Equity (0.99) |
The market value of Magellan Energy is measured differently than its book value, which is the value of Magellan that is recorded on the company's balance sheet. Investors also form their own opinion of Magellan Energy's value that differs from its market value or its book value, called intrinsic value, which is Magellan Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magellan Energy's market value can be influenced by many factors that don't directly affect Magellan Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magellan Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magellan Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magellan Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Magellan Energy Total Debt vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Magellan Energy's current stock value. Our valuation model uses many indicators to compare Magellan Energy value to that of its competitors to determine the firm's financial worth. Magellan Energy is rated below average in beta category among its peers. It is rated below average in total debt category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Magellan Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Magellan Total Debt vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Magellan Energy |
| = | -2.82 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Magellan Energy |
| = | 1.24 M |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Magellan Total Debt vs Competition
Magellan Energy is rated below average in total debt category among its peers. Total debt of Energy industry is now estimated at about 27.13 Million. Magellan Energy holds roughly 1.24 Million in total debt claiming about 5% of equities under Energy industry.
Beta Analysis
As returns on the market increase, returns on owning Magellan Energy are expected to decrease by larger amounts. On the other hand, during market turmoil, Magellan Energy is expected to outperform it.
Magellan Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Magellan Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Magellan Energy will eventually generate negative long term returns. The profitability progress is the general direction of Magellan Energy's change in net profit over the period of time. It can combine multiple indicators of Magellan Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -2.3 M | -2.2 M | |
| Net Loss | -4 M | -3.8 M | |
| Income Before Tax | -4.8 M | -4.6 M | |
| Total Other Income Expense Net | -2.5 M | -2.4 M | |
| Net Loss | -4.1 M | -3.9 M | |
| Net Loss | -3.9 M | -3.7 M | |
| Income Tax Expense | -792.9 K | -753.3 K | |
| Change To Netincome | -206 K | -195.7 K |
Magellan Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Magellan Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Magellan Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Magellan Energy's important profitability drivers and their relationship over time.
Use Magellan Energy in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Magellan Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Magellan Energy will appreciate offsetting losses from the drop in the long position's value.Magellan Energy Pair Trading
Magellan Energy Pair Trading Analysis
The ability to find closely correlated positions to Magellan Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magellan Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Magellan Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Magellan Energy to buy it.
The correlation of Magellan Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Magellan Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magellan Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Magellan Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Magellan Energy position
In addition to having Magellan Energy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Correlation Analysis. For more detail on how to invest in Magellan Stock please use our How to Invest in Magellan Energy guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
To fully project Magellan Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Magellan Energy at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Magellan Energy's income statement, its balance sheet, and the statement of cash flows.