Mgic Investment Corp Stock Statistic Functions Beta
| MTG Stock | USD 26.11 0.22 0.84% |
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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on MGIC Investment Corp correlated with the market. If Beta is less than 0 MGIC Investment generally moves in the opposite direction as compared to the market. If MGIC Investment Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one MGIC Investment Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of MGIC Investment is generally in the same direction as the market. If Beta > 1 MGIC Investment moves generally in the same direction as, but more than the movement of the benchmark.
MGIC Investment Technical Analysis Modules
Most technical analysis of MGIC Investment help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for MGIC from various momentum indicators to cycle indicators. When you analyze MGIC charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About MGIC Investment Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MGIC Investment Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of MGIC Investment Corp based on widely used predictive technical indicators. In general, we focus on analyzing MGIC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MGIC Investment's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of MGIC Investment's intrinsic value. In addition to deriving basic predictive indicators for MGIC Investment, we also check how macroeconomic factors affect MGIC Investment price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2021 | 2022 | 2023 (projected) | Dividend Yield | 0.0195 | 0.0279 | 0.0225 | Price To Sales Ratio | 4.07 | 3.39 | 4.74 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MGIC Investment's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MGIC Investment in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MGIC Investment's short interest history, or implied volatility extrapolated from MGIC Investment options trading.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Warren Buffett Holdings Invested few shares | |
 | Investor Favorites Invested few shares | |
 | Adviser Favorites Invested few shares | |
 | Macroaxis Picks Invested few shares | |
 | Hedge Favorites Invested over 50 shares | |
 | Macroaxis Index Invested few shares | |
 | Momentum Invested over 200 shares | |
 | Artificial Intelligence Invested few shares | |
 | Baby Boomer Prospects Invested over 40 shares | |
 | Corona Opportunity Invested few shares | |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGIC Investment Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Commercial & Residential Mortgage Finance 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 MGIC Investment. If investors know MGIC 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 MGIC Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.201 | Dividend Share 0.475 | Earnings Share 2.83 | Revenue Per Share 4.449 | Quarterly Revenue Growth 0.034 |
The market value of MGIC Investment Corp is measured differently than its book value, which is the value of MGIC that is recorded on the company's balance sheet. Investors also form their own opinion of MGIC Investment's value that differs from its market value or its book value, called intrinsic value, which is MGIC Investment'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 MGIC Investment's market value can be influenced by many factors that don't directly affect MGIC Investment'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 MGIC Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if MGIC Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGIC Investment'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.