Magna Mining Stock Analysis

NICU Stock   0.69  0.01  1.47%   
Magna Mining is overvalued with Real Value of 0.53 and Hype Value of 0.69. The main objective of Magna Mining stock analysis is to determine its intrinsic value, which is an estimate of what Magna Mining is worth, separate from its market price. There are two main types of Magna Mining's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Magna Mining's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Magna Mining's stock to identify patterns and trends that may indicate its future price movements.
The Magna Mining stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Magna Mining is usually not traded on Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day, Canada Day, Civic Holiday, Labour Day. Magna Stock trading window is adjusted to America/Toronto timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Magna Mining's ongoing operational relationships across important fundamental and technical indicators.
  
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 employment.

Magna Stock Analysis Notes

About 33.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.26. Magna Mining had not issued any dividends in recent years. To find out more about Magna Mining contact Jason MBA at 416-356-8165 or learn more at https://magnamining.com.

Magna Mining Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Magna Mining's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Magna Mining or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Magna Mining has some characteristics of a very speculative penny stock
Magna Mining appears to be risky and price may revert if volatility continues
Net Loss for the year was (25.64 M) with loss before overhead, payroll, taxes, and interest of (199.72 K).
Magna Mining generates negative cash flow from operations
About 33.0% of the company outstanding shares are owned by corporate insiders

Magna Mining Thematic Classifications

In addition to having Magna Mining stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Heavy Metals Idea
Heavy Metals
Industrial metals and minerals

Magna Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 112.73 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Magna Mining's market, we take the total number of its shares issued and multiply it by Magna Mining'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.

Technical Drivers

As of the 18th of April 2024, Magna Mining secures the Downside Deviation of 3.97, mean deviation of 3.46, and Risk Adjusted Performance of 0.1268. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Magna Mining, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down nineteen technical drivers for Magna Mining, which can be compared to its peers in the industry. Please verify Magna Mining downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Magna Mining is priced some-what accurately, providing market reflects its recent price of 0.69 per share.

Magna Mining Price Movement Analysis

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The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Magna Mining middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Magna Mining. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Magna Mining Predictive Daily Indicators

Magna Mining intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Magna Mining stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Magna Mining Forecast Models

Magna Mining's time-series forecasting models are one of many Magna Mining's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Magna Mining's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Magna Mining to your portfolios without increasing risk or reducing expected return.

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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 employment.
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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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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.
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Please note, there is a significant difference between Magna Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magna Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magna Mining'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.