Mgic Investment Corp Stock Price History
| MTG Stock | USD 20.46 0.34 1.63% |
Below is the normalized historical share price chart for MGIC Investment Corp extending back to August 07, 1991. 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 MGIC Investment stands at 20.46, as last reported on the 11th of June 2024, with the highest price reaching 20.70 and the lowest price hitting 20.42 during the day.
If you're considering investing in MGIC Stock, it is important to understand the factors that can impact its price. We consider MGIC Investment very steady. MGIC Investment Corp has Sharpe Ratio of 0.0036, which conveys that the firm had a 0.0036% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for MGIC Investment, which you can use to evaluate the volatility of the firm. Please verify MGIC Investment's risk adjusted performance of 0.045, and Mean Deviation of 1.1 to check out if the risk estimate we provide is consistent with the expected return of 0.0052%.
At this time, MGIC Investment's Stock Based Compensation is most likely to increase significantly in the upcoming years. The MGIC Investment's current Stock Based Compensation To Revenue is estimated to increase to 0.03, while Total Stockholder Equity is projected to decrease to roughly 2.7 B. . At this time, MGIC Investment's Price To Free Cash Flows Ratio is most likely to slightly grow in the upcoming years. The MGIC Investment's current Price To Book Ratio is estimated to increase to 2.10, while Price Earnings Ratio is projected to decrease to 7.56. MGIC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of August 1991 | 200 Day MA 19.0411 | 50 Day MA 20.6816 | Beta 1.235 |
MGIC |
Sharpe Ratio = 0.0036
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MTG |
Estimated Market Risk
| 1.46 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MGIC Investment is not performing at its full potential. However, 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 MGIC Investment by adding MGIC Investment to a well-diversified portfolio.
Price Book 1.0463 | Price Sales 4.5942 | Shares Float 262.4 M | Dividend Share 0.445 | Wall Street Target Price 22.69 |
MGIC Investment Stock Price History Chart
There are several ways to analyze MGIC Stock price data. The simplest method is using a basic MGIC candlestick price chart, which shows MGIC Investment price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | March 28, 2024 | 22.24 |
| Lowest Price | April 17, 2024 | 19.27 |
MGIC Investment June 11, 2024 Stock Price Synopsis
Various analyses of MGIC Investment's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell MGIC Stock. It can be used to describe the percentage change in the price of MGIC Investment from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of MGIC Stock.| MGIC Investment Price Daily Balance Of Power | (1.21) | |
| MGIC Investment Price Rate Of Daily Change | 0.98 | |
| MGIC Investment Accumulation Distribution | 17,486 | |
| MGIC Investment Price Action Indicator | (0.27) |
MGIC Investment June 11, 2024 Stock Price Analysis
MGIC Stock Price History Data
The price series of MGIC Investment for the period between Wed, Mar 13, 2024 and Tue, Jun 11, 2024 has a statistical range of 2.97 with a coefficient of variation of 3.33. The daily prices for the period are spread out with arithmetic mean of 20.72. The median price for the last 90 days is 20.8. The company underwent 2:1 stock split on 3rd of June 1997. MGIC Investment Corp issued dividends to stockholders on 2024-05-08.| Open | High | Low | Close | Volume | ||
| 06/11/2024 | 20.80 | 20.70 | 20.42 | 20.46 | 1,292,720 | |
| 06/10/2024 | 20.70 | 20.85 | 20.48 | 20.80 | 1,600,126 | |
| 06/07/2024 | 20.97 | 21.10 | 20.81 | 20.94 | 956,940 | |
| 06/06/2024 | 21.30 | 21.45 | 20.88 | 21.07 | 1,903,594 | |
| 06/05/2024 | 21.19 | 21.38 | 21.10 | 21.33 | 2,011,324 | |
| 06/04/2024 | 21.27 | 21.46 | 21.14 | 21.15 | 2,043,599 | |
| 06/03/2024 | 21.44 | 21.57 | 21.14 | 21.36 | 1,297,269 | |
| 05/31/2024 | 20.70 | 21.00 | 20.66 | 21.00 | 1,966,034 | |
| 05/30/2024 | 20.37 | 20.69 | 20.37 | 20.67 | 1,025,081 | |
| 05/29/2024 | 20.21 | 20.35 | 20.11 | 20.23 | 1,368,932 | |
| 05/28/2024 | 20.58 | 20.66 | 20.31 | 20.42 | 1,247,083 | |
| 05/24/2024 | 20.49 | 20.76 | 20.45 | 20.55 | 1,047,516 | |
| 05/23/2024 | 20.88 | 20.89 | 20.39 | 20.39 | 1,912,886 | |
| 05/22/2024 | 20.82 | 20.92 | 20.72 | 20.79 | 1,330,431 | |
| 05/21/2024 | 20.65 | 21.04 | 20.65 | 20.96 | 1,715,336 | |
| 05/20/2024 | 21.21 | 21.27 | 20.61 | 20.66 | 1,991,361 | |
| 05/17/2024 | 21.13 | 21.25 | 21.07 | 21.19 | 1,104,654 | |
| 05/16/2024 | 21.03 | 21.20 | 20.99 | 21.10 | 1,060,050 | |
| 05/15/2024 | 21.01 | 21.10 | 20.84 | 21.06 | 1,364,912 | |
| 05/14/2024 | 21.16 | 21.26 | 20.77 | 20.94 | 1,944,397 | |
| 05/13/2024 | 21.34 | 21.39 | 21.05 | 21.08 | 1,255,078 | |
| 05/10/2024 | 21.28 | 21.32 | 21.17 | 21.25 | 1,088,273 | |
| 05/09/2024 | 20.93 | 21.21 | 20.91 | 21.18 | 1,294,108 | |
| 05/08/2024 | 21.03 | 21.12 | 20.85 | 20.88 | 1,837,511 | |
| 05/07/2024 | 20.99 | 21.33 | 20.92 | 21.07 | 2,179,962 | |
| 05/06/2024 | 20.74 | 20.92 | 20.67 | 20.84 | 1,769,176 | |
| 05/03/2024 | 20.62 | 20.69 | 20.22 | 20.53 | 2,072,463 | |
| 05/02/2024 | 20.15 | 20.70 | 19.91 | 20.40 | 3,151,318 | |
| 05/01/2024 | 20.21 | 20.67 | 20.16 | 20.44 | 1,829,176 | |
| 04/30/2024 | 20.37 | 20.51 | 20.15 | 20.17 | 2,241,510 | |
| 04/29/2024 | 20.44 | 20.62 | 20.39 | 20.45 | 1,940,074 | |
| 04/26/2024 | 20.19 | 20.52 | 20.14 | 20.37 | 1,893,382 | |
| 04/25/2024 | 20.10 | 20.27 | 19.87 | 20.25 | 1,937,640 | |
| 04/24/2024 | 20.13 | 20.29 | 19.97 | 20.24 | 1,930,834 | |
| 04/23/2024 | 19.88 | 20.27 | 19.80 | 20.19 | 1,224,208 | |
| 04/22/2024 | 19.84 | 20.03 | 19.70 | 19.86 | 2,239,456 | |
| 04/19/2024 | 19.46 | 19.73 | 19.46 | 19.72 | 1,660,911 | |
| 04/18/2024 | 19.36 | 19.58 | 19.22 | 19.47 | 1,339,867 | |
| 04/17/2024 | 19.46 | 19.64 | 19.25 | 19.27 | 2,009,401 | |
| 04/16/2024 | 19.38 | 19.52 | 19.16 | 19.39 | 2,819,753 | |
| 04/15/2024 | 19.80 | 19.83 | 19.41 | 19.47 | 1,841,413 | |
| 04/12/2024 | 19.65 | 19.80 | 19.53 | 19.63 | 1,262,761 | |
| 04/11/2024 | 19.81 | 19.89 | 19.66 | 19.79 | 1,633,540 | |
| 04/10/2024 | 20.21 | 20.30 | 19.54 | 19.71 | 2,487,173 | |
| 04/09/2024 | 20.72 | 20.83 | 20.46 | 20.50 | 1,388,369 | |
| 04/08/2024 | 20.62 | 20.81 | 20.61 | 20.69 | 1,349,518 | |
| 04/05/2024 | 20.49 | 20.79 | 20.43 | 20.57 | 1,715,278 | |
| 04/04/2024 | 21.36 | 21.42 | 20.38 | 20.44 | 3,352,119 | |
| 04/03/2024 | 21.72 | 21.90 | 21.54 | 21.56 | 2,458,914 | |
| 04/02/2024 | 21.63 | 21.94 | 21.54 | 21.73 | 1,980,491 | |
| 04/01/2024 | 22.19 | 22.19 | 21.76 | 21.77 | 1,671,018 | |
| 03/28/2024 | 22.02 | 22.31 | 22.02 | 22.24 | 1,809,211 | |
| 03/27/2024 | 21.79 | 22.06 | 21.73 | 22.01 | 2,045,085 | |
| 03/26/2024 | 21.78 | 21.82 | 21.61 | 21.62 | 1,397,720 | |
| 03/25/2024 | 21.67 | 21.92 | 21.59 | 21.72 | 1,467,532 | |
| 03/22/2024 | 21.79 | 21.84 | 21.61 | 21.67 | 2,021,319 | |
| 03/21/2024 | 21.89 | 21.89 | 21.55 | 21.79 | 2,568,780 | |
| 03/20/2024 | 20.86 | 21.90 | 20.80 | 21.84 | 4,161,051 | |
| 03/19/2024 | 20.48 | 20.89 | 20.47 | 20.85 | 1,643,400 | |
| 03/18/2024 | 20.88 | 20.95 | 20.48 | 20.49 | 2,484,106 | |
| 03/15/2024 | 20.78 | 21.06 | 20.66 | 20.88 | 8,290,111 |
About MGIC Investment Stock history
MGIC Investment 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 MGIC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MGIC Investment Corp 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 MGIC Investment stock prices may prove useful in developing a viable investing in MGIC Investment
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 287.2 M | 225.9 M | |
| Net Income Applicable To Common Shares | 995.2 M | 1 B |
MGIC Investment Stock Technical Analysis
MGIC Investment 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.
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MGIC Investment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MGIC Investment's price direction in advance. Along with the technical and fundamental analysis of MGIC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MGIC 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 | 0.045 | |||
| Jensen Alpha | 0.0886 | |||
| Total Risk Alpha | 0.0873 | |||
| Sortino Ratio | 0.0553 | |||
| Treynor Ratio | 0.0631 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for MGIC Stock analysis
When running MGIC Investment's price analysis, check to measure MGIC Investment'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 MGIC Investment is operating at the current time. Most of MGIC Investment's value examination focuses on studying past and present price action to predict the probability of MGIC Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MGIC Investment's price. Additionally, you may evaluate how the addition of MGIC Investment to your portfolios can decrease your overall portfolio volatility.
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