Majic Wheels Corp Stock Analysis

Majic Stock Analysis Notes

The company has Price/Earnings To Growth (PEG) ratio of 0.91. Majic Wheels Corp recorded a loss per share of 0.01. The entity had not issued any dividends in recent years. The firm had 2:1 split on the 18th of March 2009. Majic Wheels Corp. focuses on disruptive industries of Fintech and software development by means of acquisitions. The company was incorporated in 2007 and is based in Houston, Texas. Majic Wheels operates under Waste Management classification in the United States and is traded on OTC Exchange. It employs 2 people. To find out more about Majic Wheels Corp contact Sathyanandham Anguswami at 832 240 1099 or learn more at https://majiccorp.co.

Majic Wheels Corp Investment Alerts

Majic Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 390.67 K.

Majic Profitablity

Management Efficiency

The value of Return On Tangible Assets is estimated to slide to -86.48. The value of Return On Capital Employed is expected to slide to 0.36. Net Tangible Assets is expected to rise to about (1.8 M) this year. The value of Return On Tangible Assets is estimated to slide to -86.48Majic Wheels' management efficiency ratios could be used to measure how well Majic Wheels manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 4th of December, Majic Wheels secures the Standard Deviation of 10.16, risk adjusted performance of (0.04), and Mean Deviation of 2.25. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Majic Wheels Corp, as well as the relationship between them. Please verify Majic Wheels Corp standard deviation and skewness to decide if Majic Wheels Corp is priced some-what accurately, providing market reflects its recent price of 1.0E-4 per share. As Majic Wheels Corp appears to be a penny stock we also strongly suggest to check its information ratio numbers.

Majic Wheels Corp Price Movement Analysis

Majic Wheels Outstanding Bonds

Majic Wheels Predictive Daily Indicators

Majic Wheels Forecast Models

Majic Wheels' time-series forecasting models are one of many Majic Wheels' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Majic Wheels' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Majic Wheels prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Majic shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Majic Wheels. By using and applying Majic Stock analysis, traders can create a robust methodology for identifying Majic entry and exit points for their positions.

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Is Environmental & Facilities Services 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 Majic Wheels. If investors know Majic 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 Majic Wheels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Majic Wheels Corp is measured differently than its book value, which is the value of Majic that is recorded on the company's balance sheet. Investors also form their own opinion of Majic Wheels' value that differs from its market value or its book value, called intrinsic value, which is Majic Wheels' 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 Majic Wheels' market value can be influenced by many factors that don't directly affect Majic Wheels' 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 Majic Wheels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Majic Wheels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Majic Wheels' 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.