Mag Silver Corp Stock Price on June 27, 2022

MAG Stock  USD 9.88  0.87  9.66%   
Below is the normalized historical share price chart for MAG Silver Corp extending back to July 09, 2007. 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 MAG Silver stands at 9.88, as last reported on the 28th of March, with the highest price reaching 9.91 and the lowest price hitting 9.11 during the day.
IPO Date
30th of June 1989
200 Day MA
10.4318
50 Day MA
8.9886
Beta
0.997
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in MAG Stock, it is important to understand the factors that can impact its price. MAG Silver Corp has Sharpe Ratio of -0.0197, which conveys that the company had a -0.0197% return per unit of risk over the last 3 months. MAG Silver exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MAG Silver's Standard Deviation of 2.56, coefficient of variation of (3,125), and Mean Deviation of 1.84 to check out the risk estimate we provide.
  
At this time, MAG Silver's Common Stock is most likely to increase significantly in the upcoming years. The MAG Silver's current Common Stock Total Equity is estimated to increase to about 599.6 M, while Other Stockholder Equity is projected to decrease to roughly 670.3 K. . The MAG Silver's current Price Earnings Ratio is estimated to increase to 22.61, while Price Book Value Ratio is projected to decrease to 2.01. MAG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0197

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Estimated Market Risk

 2.63
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average MAG Silver 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 MAG Silver by adding MAG Silver to a well-diversified portfolio.
Price Book
1.8914
Book Value
4.921
Enterprise Value
869.2 M
Enterprise Value Ebitda
(58.52)
Shares Float
92.7 M

MAG Silver Valuation on June 27, 2022

It is possible to determine the worth of MAG Silver on a given historical date. On June 27, 2022 MAG was worth 12.93 at the beginning of the trading date compared to the closed value of 13.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MAG Silver stock. Still, in general, we apply an absolute valuation method to find MAG Silver's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of MAG Silver where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MAG Silver's related companies.
 Open High Low Close Volume
  12.25    12.95    12.25    12.93    325,500  
06/27/2022
  12.93    13.21    12.80    13.06    251,300  
  13.17    13.20    12.55    12.63    352,600  
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Open Value
12.93
13.06
Closing Value
20.83
Upside

MAG Silver Trading Date Momentum on June 27, 2022

On June 28 2022 MAG Silver Corp was traded for  12.63  at the closing time. Highest MAG Silver's price during the trading hours was 13.20  and the lowest price during the day was  12.55 . The net volume was 352.6 K. The overall trading history on the 28th of June contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 3.29% . The trading delta at closing time to current price is 14.70% .

MAG Silver Corp Fundamentals Correlations and Trends

By evaluating MAG Silver's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MAG Silver's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MAG financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About MAG Silver Stock history

MAG Silver 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 MAG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MAG Silver 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 MAG Silver stock prices may prove useful in developing a viable investing in MAG Silver
Last ReportedProjected for 2024
Common Stock Shares Outstanding102.6 M63.6 M
Net Income Applicable To Common Shares15.9 M16.7 M

MAG Silver Quarterly Net Working Capital

55.09 Million

MAG Silver Stock Technical Analysis

MAG Silver 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.
A focus of MAG Silver technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MAG Silver trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

MAG Silver Period Price Range

Low
June 27, 2022
High

 12.93 

  

 13.06 

0.131.01%

MAG Silver March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how MAG Silver stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MAG Silver shares will generate the highest return on investment. By undertsting and applying MAG Silver stock market strength indicators, traders can identify MAG Silver Corp entry and exit signals to maximize returns

MAG Silver Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MAG Silver's price direction in advance. Along with the technical and fundamental analysis of MAG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MAG 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.
When determining whether MAG Silver Corp is a strong investment it is important to analyze MAG Silver's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact MAG Silver's future performance. For an informed investment choice regarding MAG Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAG Silver Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the MAG Silver Corp information on this page should be used as a complementary analysis to other MAG Silver'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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for MAG Stock analysis

When running MAG Silver's price analysis, check to measure MAG Silver'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 MAG Silver is operating at the current time. Most of MAG Silver's value examination focuses on studying past and present price action to predict the probability of MAG Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAG Silver's price. Additionally, you may evaluate how the addition of MAG Silver to your portfolios can decrease your overall portfolio volatility.
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Is MAG Silver's industry 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 MAG Silver. If investors know MAG 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 MAG Silver 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
0.076
Earnings Share
0.31
Return On Assets
(0.02)
Return On Equity
0.1071
The market value of MAG Silver Corp is measured differently than its book value, which is the value of MAG that is recorded on the company's balance sheet. Investors also form their own opinion of MAG Silver's value that differs from its market value or its book value, called intrinsic value, which is MAG Silver'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 MAG Silver's market value can be influenced by many factors that don't directly affect MAG Silver'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 MAG Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAG Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAG Silver'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.