shares owned by insiders, number of shares shorted, gross profit, as well as the relationship between the shares owned by institutions and price to book . The stock experiences an unexpected upward trend. Watch out for market signals. Check odds of Magna Mining to be traded at 0.516 in 90 days. Key indicators impacting Magna Mining's financial strength include:We recommend to make use of Magna Mining analysis to find out if markets are presently mispricing the entity. We were able to break down twenty-four available fundamentals for Magna Mining, which can be compared to its peers in the industry. To ensure the equity is not overpriced, please verify all Magna Mining financials, including its
Return On Equity
With this module, you can analyze Magna financials for your investing period. You should be able to track the changes in Magna Mining individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Understanding current and past Magna Mining Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Magna Mining's financial statements are interrelated, with each one affecting the others. For example, an increase in Magna Mining's assets may result in an increase in income on the income statement.
Evaluating Magna Mining's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Magna Mining's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Magna Mining's relative financial performance
The data published in Magna Mining's official financial statements usually reflect Magna Mining's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Magna Mining. For example, before you start analyzing numbers published by Magna accountants, it's critical to develop an understanding of what Magna Mining's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of Magna Mining's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Magna Mining's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Magna Mining's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Magna Mining. Please utilize our Beneish M Score to check the likelihood of Magna Mining's management manipulating its earnings.
Magna Mining Company SummaryMagna Mining competes with Canadian Natural, Cathedral Energy, Vecima Networks, Brookfield Infrastructure, and Ceridian HCM. Magna Mining is entity of Canada. It is traded as Stock on V exchange.
You should never invest in Magna Mining without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Magna Stock, because this is throwing your money away. Analyzing the key information contained in Magna Mining's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Magna Mining Key Financial RatiosGenerally speaking, Magna Mining's financial ratios allow both analysts and investors to convert raw data from Magna Mining's financial statements into concise, actionable information that can be used to evaluate the performance of Magna Mining over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Magna Mining reports annually and quarterly.
Magna Financial Ratios RelationshipsComparative valuation techniques use various fundamental indicators to help in determining Magna Mining's current stock value. Our valuation model uses many indicators to compare Magna Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magna Mining competition to find correlations between indicators driving Magna Mining's intrinsic value. More Info. Magna Mining is considered to be number one stock in short ratio category among related companies. It is considered to be number one stock in return on asset category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Magna Mining by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Magna Mining's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Magna Mining's earnings, one of the primary drivers of an investment's value.
Magna Mining Systematic Risk
Magna Mining's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Magna Mining volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
About Magna Mining FinancialsWhat exactly are Magna Mining Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Magna Mining's income statement, its balance sheet, and the statement of cash flows. Potential Magna Mining investors and stakeholders use financial statements 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. Please read more on our technical analysis and fundamental analysis pages.
Steps to analyze Magna Mining Financials for InvestingThere are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Magna Mining is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Magna has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Magna Mining's financials are consistent with your investment objective using the following steps:
- Review Magna Mining's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Magna Mining's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Magna Mining's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Magna Mining's stock is overvalued or undervalued.
Magna Mining February 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Magna Mining help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Magna Mining. We use our internally-developed statistical techniques to arrive at the intrinsic value of Magna Mining based on widely used predictive technical indicators. In general, we focus on analyzing Magna Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Magna Mining's daily price indicators and compare them against related drivers.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna Mining. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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.
Quickly integrate customizable finance content to your own investment portal
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Use Commodity Channel Index to analyze current equity momentum
|Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets