Magna Financial Statements From 2010 to 2024
NICU Stock  0.77 0.08 9.41% 
Gross Profit 199.7 K  Market Capitalization 138.9 M  Earnings Share (0.06) 
Check Magna Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magna main balance sheet or income statement drivers, such as Interest Expense of 375.6 K, Other Operating Expenses of 14.7 K or Net Interest Income of 523.8 K, as well as many exotic indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 12.9. Magna financial statements analysis is a perfect complement when working with Magna Mining Valuation or Volatility modules.
Magna  Select Account or Indicator 
Magna Mining Balance Sheet  
 
Magna Mining Income Statement  
 
Magna Mining Cash Flow Statement  
 
Financial Ratios  
 
Magna Mining Valuation Data  

About Magna Mining Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Magna Mining income statement, its balance sheet, and the statement of cash flows. Magna Mining investors use historical funamental indicators, such as Magna Mining's revenue or net income, to determine how well the company is positioned to perform in the future. Although Magna Mining investors may use each financial statement separately, they are all related. The changes in Magna Mining's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Magna Mining's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Magna Mining Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Magna Mining. Please read more on our technical analysis and fundamental analysis pages.
Last Reported  Projected for Next Year  
Total Revenue  0.00  0.00  
Cost Of Revenue  62.1 K  31.1 K  
Stock Based Compensation To Revenue  0.00  0.00  
Sales General And Administrative To Revenue  0.00  0.00  
Research And Ddevelopement To Revenue  0.00  0.00  
Capex To Revenue  0.00  0.00  
Revenue Per Share  0.00  0.00  
Ebit Per Revenue  0.00  0.00 
Pair Trading with Magna Mining
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 Magna Mining 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 Magna Mining will appreciate offsetting losses from the drop in the long position's value.Moving together with Magna Stock
0.89  IE  Ivanhoe Energy  PairCorr 
0.86  FDY  Faraday Copper Corp  PairCorr 
0.91  RYPS  Royal Bank  PairCorr 
0.7  RY  Royal Bank  PairCorr 
0.85  RYPM  Royal Bank  PairCorr 
Moving against Magna Stock
0.57  TD  Toronto Dominion Bank Earnings Call Today  PairCorr 
The ability to find closely correlated positions to Magna Mining could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Magna Mining 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 Magna Mining  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 Magna Mining to buy it.
The correlation of Magna Mining 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 Magna Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magna Mining 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 Magna Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Check out the analysis of Magna Mining Correlation against competitors. Note that the Magna Mining information on this page should be used as a complementary analysis to other Magna Mining's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and riskadjusted market performance.
Complementary Tools for Magna Stock analysis
When running Magna Mining's price analysis, check to measure Magna Mining'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 Magna Mining is operating at the current time. Most of Magna Mining's value examination focuses on studying past and present price action to predict the probability of Magna Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magna Mining's price. Additionally, you may evaluate how the addition of Magna Mining to your portfolios can decrease your overall portfolio volatility.
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