MAGNA INTL (Germany) Today

MGA Stock  EUR 50.80  1.20  2.42%   

Performance

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Odds Of Distress

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MAGNA INTL is selling for under 50.80 as of the 28th of March 2024; that is 2.42 percent increase since the beginning of the trading day. The stock's last reported lowest price was 50.8. MAGNA INTL has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for MAGNA INTL are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of July 2022 and ending today, the 28th of March 2024. Click here to learn more.

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MAGNA Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. MAGNA INTL's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding MAGNA INTL or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEODonald Walker
Business ConcentrationOther, Other (View all Sectors)
MAGNA INTL (MGA) is traded on Munich Exchange in Germany and employs 28 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 21.15 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MAGNA INTL's market, we take the total number of its shares issued and multiply it by MAGNA INTL's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. MAGNA INTL operates under Other sector and is part of Other industry. The entity has 0 outstanding shares. MAGNA INTL generates positive cash flow from operations, but has no cash available
Check MAGNA INTL Probability Of Bankruptcy

MAGNA Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of MAGNA INTL jumping above the current price in 90 days from now is about 51.07%. The MAGNA INTL probability density function shows the probability of MAGNA INTL stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon MAGNA INTL has a beta of 0.1705. This indicates as returns on the market go up, MAGNA INTL average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding MAGNA INTL will be expected to be much smaller as well. Additionally, mAGNA INTL has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 50.8HorizonTargetOdds Above 50.8
48.55%90 days
 50.80 
51.07%
Based on a normal probability distribution, the odds of MAGNA INTL to move above the current price in 90 days from now is about 51.07 (This MAGNA INTL probability density function shows the probability of MAGNA Stock to fall within a particular range of prices over 90 days) .

MAGNA INTL Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. MAGNA INTL market risk premium is the additional return an investor will receive from holding MAGNA INTL long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MAGNA INTL. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although MAGNA INTL's alpha and beta are two of the key measurements used to evaluate MAGNA INTL's performance over the market, the standard measures of volatility play an important role as well.

MAGNA Stock Against Markets

Picking the right benchmark for MAGNA INTL stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in MAGNA INTL stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for MAGNA INTL is critical whether you are bullish or bearish towards MAGNA INTL at a given time. Please also check how MAGNA INTL's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in MAGNA INTL without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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MAGNA INTL Corporate Directors

MAGNA INTL corporate directors refer to members of a MAGNA INTL board of directors. The board of directors generally takes responsibility for the MAGNA INTL's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of MAGNA INTL's board members must vote for the resolution. The MAGNA INTL board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Peter BowieIndependent DirectorProfile
William RuhIndependent DirectorProfile
Peter HarderIndependent DirectorProfile
V HarderIndependent DirectorProfile

How to buy MAGNA Stock?

Before investing in MAGNA INTL, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in MAGNA INTL. To buy MAGNA INTL stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of MAGNA INTL. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase MAGNA INTL stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located MAGNA INTL stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased MAGNA INTL stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as MAGNA INTL, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in MAGNA INTL?

The danger of trading MAGNA INTL is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of MAGNA INTL is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than MAGNA INTL. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile MAGNA INTL is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MAGNA INTL. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
Note that the MAGNA INTL information on this page should be used as a complementary analysis to other MAGNA INTL'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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for MAGNA Stock analysis

When running MAGNA INTL's price analysis, check to measure MAGNA INTL'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 INTL is operating at the current time. Most of MAGNA INTL's value examination focuses on studying past and present price action to predict the probability of MAGNA INTL'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 INTL's price. Additionally, you may evaluate how the addition of MAGNA INTL to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between MAGNA INTL's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAGNA INTL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAGNA INTL'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.