Mag Silver Corp Stock Alpha and Beta Analysis
| MAG Stock | CAD 19.50 0.33 1.72% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as MAG Silver Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in MAG Silver over a specified time horizon. Remember, high MAG Silver's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to MAG Silver's market risk premium analysis include:
Beta 1.06 | Alpha 0.12 | Risk 2.71 | Sharpe Ratio 0.12 | Expected Return 0.33 |
MAG Silver Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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MAG Silver Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. MAG Silver market risk premium is the additional return an investor will receive from holding MAG Silver 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 MAG Silver. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate MAG Silver's performance over market.| α | 0.12 | β | 1.06 |
MAG Silver expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of MAG Silver's Buy-and-hold return. Our buy-and-hold chart shows how MAG Silver performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.MAG Silver Market Price Analysis
Market price analysis 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 understating and applying MAG Silver stock market price indicators, traders can identify MAG Silver position entry and exit signals to maximize returns.
MAG Silver Return and Market Media
The median price of MAG Silver for the period between Sat, Jun 22, 2024 and Fri, Sep 20, 2024 is 17.76 with a coefficient of variation of 5.94. The daily time series for the period is distributed with a sample standard deviation of 1.04, arithmetic mean of 17.58, and mean deviation of 0.92. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Brokerages Set MAG Silver Corp. Target Price at 18.88 - MarketBeat | 06/25/2024 |
2 | MAG Silver Publishes Third Annual Sustainability Report - StockTitan | 07/18/2024 |
3 | MAG Silver Impressive Juanicipio Q2 Due To Higher Grades And Strong Metal Prices - Seeking Alpha | 08/02/2024 |
4 | MAG Silver Corp. Short Interest Up 5.1 percent in August - MarketBeat | 09/03/2024 |
About MAG Silver Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including MAG or other stocks. Alpha measures the amount that position in MAG Silver Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | PB Ratio | 4.06 | 3.82 | 2.12 | 2.02 | Capex To Depreciation | 0.0342 | 0.26 | 0.0432 | 0.0411 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MAG Silver in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MAG Silver's short interest history, or implied volatility extrapolated from MAG Silver options trading.
Build Portfolio with MAG Silver
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Additional Information and Resources on Investing in MAG Stock
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 MAG Silver Backtesting, MAG Silver Valuation, MAG Silver Correlation, MAG Silver Hype Analysis, MAG Silver Volatility, MAG Silver History and analyze MAG Silver Performance. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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.