Magnolia Oil Gas Stock Price on August 10, 2022
| MGY Stock | USD 25.68 0.14 0.54% |
Below is the normalized historical share price chart for Magnolia Oil Gas extending back to June 29, 2017. 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 Magnolia Oil stands at 25.68, as last reported on the 19th of April, with the highest price reaching 26.13 and the lowest price hitting 25.62 during the day.
If you're considering investing in Magnolia Stock, it is important to understand the factors that can impact its price. Magnolia Oil appears to be very steady, given 3 months investment horizon. Magnolia Oil Gas has Sharpe Ratio of 0.32, which conveys that the firm had a 0.32% return per unit of risk over the last 3 months. We have found thirty technical indicators for Magnolia Oil, which you can use to evaluate the volatility of the firm. Please exercise Magnolia Oil's Risk Adjusted Performance of 0.2043, mean deviation of 0.9852, and Downside Deviation of 1.2 to check out if our risk estimates are consistent with your expectations.
At this time, Magnolia Oil's Other Stockholder Equity is fairly stable compared to the past year. Stock Based Compensation To Revenue is likely to rise to 0.02 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.3 B in 2024. . At this time, Magnolia Oil's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to rise to 12.32 in 2024, whereas Price Book Value Ratio is likely to drop 1.69 in 2024. Magnolia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of May 2017 | 200 Day MA 22.3697 | 50 Day MA 23.9326 | Beta 2.049 |
Magnolia |
Sharpe Ratio = 0.3171
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Estimated Market Risk
| 1.35 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.32 actual daily | 24 76% of assets perform better |
Based on monthly moving average Magnolia Oil is performing at about 24% of its full potential. 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 Magnolia Oil by adding it to a well-diversified portfolio.
Price Book 2.8771 | Enterprise Value Ebitda 5.5552 | Price Sales 4.4413 | Shares Float 179.8 M | Dividend Share 0.475 |
Magnolia Oil Valuation on August 10, 2022
It is possible to determine the worth of Magnolia Oil on a given historical date. On August 10, 2022 Magnolia was worth 22.16 at the beginning of the trading date compared to the closed value of 21.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magnolia Oil stock. Still, in general, we apply an absolute valuation method to find Magnolia Oil'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 Magnolia Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magnolia Oil's related companies.
| Open | High | Low | Close | Volume | |
| 22.64 | 22.90 | 21.38 | 21.38 | 1,258,863 | |
08/10/2022 | 22.16 | 22.76 | 21.57 | 21.88 | 1,092,987 |
| 23.28 | 23.74 | 22.65 | 22.65 | 1,141,580 |
| Backtest Magnolia Oil | | | Magnolia Oil History | | | Magnolia Oil Valuation | Previous | Next |
Magnolia Oil Trading Date Momentum on August 10, 2022
| On August 11 2022 Magnolia Oil Gas was traded for 22.65 at the closing time. Highest Magnolia Oil's price during the trading hours was 23.74 and the lowest price during the day was 22.65 . The net volume was 1.1 M. The overall trading history on the 11th of August 2022 contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 3.52% . The trading delta at closing time to current price is 8.32% . |
Magnolia Oil Gas Fundamentals Correlations and Trends
By evaluating Magnolia Oil'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 Magnolia Oil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Magnolia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Magnolia Oil Stock history
Magnolia Oil 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 Magnolia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magnolia Oil Gas 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 Magnolia Oil stock prices may prove useful in developing a viable investing in Magnolia Oil
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 188.4 M | 164.9 M | |
| Net Income Applicable To Common Shares | 1 B | 1.1 B |
Magnolia Oil Quarterly Net Working Capital |
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Magnolia Oil Stock Technical Analysis
Magnolia Oil 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.
Price Boundaries
Magnolia Oil Period Price Range
Low | August 10, 2022
| High |
22.16 | 21.88 |
Magnolia Oil April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Magnolia Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magnolia Oil shares will generate the highest return on investment. By undertsting and applying Magnolia Oil stock market strength indicators, traders can identify Magnolia Oil Gas entry and exit signals to maximize returns
Magnolia Oil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Magnolia Oil's price direction in advance. Along with the technical and fundamental analysis of Magnolia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magnolia 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 | 0.2043 | |||
| Jensen Alpha | 0.4055 | |||
| Total Risk Alpha | 0.2921 | |||
| Sortino Ratio | 0.2998 | |||
| Treynor Ratio | 1.92 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magnolia Oil Gas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Magnolia Oil Gas information on this page should be used as a complementary analysis to other Magnolia Oil'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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Magnolia Stock analysis
When running Magnolia Oil's price analysis, check to measure Magnolia Oil'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 Magnolia Oil is operating at the current time. Most of Magnolia Oil's value examination focuses on studying past and present price action to predict the probability of Magnolia Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnolia Oil's price. Additionally, you may evaluate how the addition of Magnolia Oil to your portfolios can decrease your overall portfolio volatility.
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Is Magnolia Oil'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 Magnolia Oil. If investors know Magnolia 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 Magnolia Oil 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 (0.56) | Dividend Share 0.475 | Earnings Share 2.04 | Revenue Per Share 6.52 | Quarterly Revenue Growth (0.08) |
The market value of Magnolia Oil Gas is measured differently than its book value, which is the value of Magnolia that is recorded on the company's balance sheet. Investors also form their own opinion of Magnolia Oil's value that differs from its market value or its book value, called intrinsic value, which is Magnolia Oil'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 Magnolia Oil's market value can be influenced by many factors that don't directly affect Magnolia Oil'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 Magnolia Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnolia Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnolia Oil'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.