Magic Software (Israel) Price Prediction

MGIC Stock  ILA 4,244  156.00  3.55%   
At this time, The value of RSI of Magic Software's share price is at 51. This indicates that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Magic Software, making its price go up or down.

Oversold Vs Overbought

51

 
Oversold
 
Overbought
Magic Software Enter stock price prediction is an act of determining the future value of Magic Software shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Magic Software's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Magic Software and does not consider all of the tangible or intangible factors available from Magic Software's fundamental data. We analyze noise-free headlines and recent hype associated with Magic Software Enterprises, which may create opportunities for some arbitrage if properly timed.
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Magic Software based on different types of headlines from major news networks to social media. The Magic stock price prediction module provides an analysis of price elasticity to changes in media outlook on Magic Software over a specific investment horizon. Using Magic Software hype-based prediction, you can estimate the value of Magic Software Enterprises from the perspective of Magic Software response to recently generated media hype and the effects of current headlines on its competitors.
This module is based on analyzing investor sentiment around taking a position in Magic Software. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Magic Software to buy its stock at a price that has no basis in reality. In that case, they are not buying Magic because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Magic Software after-hype prediction price

    
  ILA 4244.0  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Magic Software Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Magic Software's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
3,8204,2494,252
Details
Naive
Forecast
LowNextHigh
4,4374,4404,442
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3,6914,1344,576
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Magic Software. Your research has to be compared to or analyzed against Magic Software's peers to derive any actionable benefits. When done correctly, Magic Software's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Magic Software Enter.

Magic Software After-Hype Price Prediction Density Analysis

As far as predicting the price of Magic Software at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Magic Software or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Magic Software, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Magic Software Estimiated After-Hype Price Volatility

In the context of predicting Magic Software's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Magic Software's historical news coverage. Magic Software's after-hype downside and upside margins for the prediction period are 4,242 and 4,246, respectively. We have considered Magic Software's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
4,244
4,244
After-hype Price
4,246
Upside
Magic Software is very steady at this time. Analysis and calculation of next after-hype price of Magic Software Enter is based on 3 months time horizon.

Magic Software Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Magic Software is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Magic Software backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Magic Software, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.37 
2.44
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Uncertain
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
4,244
4,244
0.00 
0.00  
Notes

Magic Software Hype Timeline

Magic Software Enter is now traded for 4,244on Tel Aviv Stock Exchange of Israel. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Magic is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is now at 0.37%. %. The volatility of related hype on Magic Software is about 0.0%, with the expected price after the next announcement by competition of 4,244. About 48.0% of the company outstanding shares are owned by corporate insiders. The book value of Magic Software was now reported as 5.13. The company has Price/Earnings To Growth (PEG) ratio of 2.31. Magic Software Enter last dividend was issued on the 30th of August 2022. Assuming the 90 days trading horizon the next estimated press release will be uncertain.
Check out Magic Software Basic Forecasting Models to cross-verify your projections.

Magic Software Related Hype Analysis

Having access to credible news sources related to Magic Software's direct competition is more important than ever and may enhance your ability to predict Magic Software's future price movements. Getting to know how Magic Software rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Magic Software may potentially react to the hype associated with one of its peers.

Magic Software Additional Predictive Modules

Most predictive techniques to examine Magic price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Magic using various technical indicators. When you analyze Magic charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Magic Software Predictive Indicators

The successful prediction of Magic Software stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Magic Software Enterprises, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Magic Software based on analysis of Magic Software hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Magic Software's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Magic Software's related companies.

Story Coverage note for Magic Software

The number of cover stories for Magic Software depends on current market conditions and Magic Software's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Magic Software is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Magic Software's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Magic Software Short Properties

Magic Software's future price predictability will typically decrease when Magic Software's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Magic Software Enterprises often depends not only on the future outlook of the potential Magic Software's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Magic Software's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding49.1 M
When determining whether Magic Software Enter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magic Software's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magic Software Enterprises Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magic Software Enterprises Stock:
Check out Magic Software Basic Forecasting Models to cross-verify your projections.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

Complementary Tools for Magic Stock analysis

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