Mag Silver Corp Stock Probability of Future Stock Price Finishing Under 9.82
| MAG Stock | USD 12.28 0.36 2.85% |
Closest to current price MAG long CALL Option Payoff at Expiration
MAG |
MAG Silver Target Price Odds to finish below 9.82
The tendency of MAG Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 9.82 or more in 90 days |
| 12.28 | 90 days | 9.82 | about 40.26 |
Based on a normal probability distribution, the odds of MAG Silver to drop to $ 9.82 or more in 90 days from now is about 40.26 (This MAG Silver Corp probability density function shows the probability of MAG Stock to fall within a particular range of prices over 90 days) . Probability of MAG Silver Corp price to stay between $ 9.82 and its current price of $12.28 at the end of the 90-day period is about 49.84 .
Considering the 90-day investment horizon MAG Silver has a beta of 1.0. This indicates MAG Silver Corp market returns are reactive to returns on the market. As the market goes up or down, MAG Silver is expected to follow. Additionally MAG Silver Corp has an alpha of 0.3782, implying that it can generate a 0.38 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). MAG Silver Price Density |
| Price |
Predictive Modules for MAG Silver
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as MAG Silver Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MAG Silver'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.
MAG Silver Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MAG Silver is not an exception. The market had few large corrections towards the MAG Silver's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold MAG Silver Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MAG Silver within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.38 | |
β | Beta against NYSE Composite | 1.00 | |
σ | Overall volatility | 1.60 | |
Ir | Information ratio | 0.12 |
MAG Silver Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of MAG Silver for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MAG Silver Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| MAG Silver Corp appears to be risky and price may revert if volatility continues | |
| MAG Silver Corp has about 29.95 M in cash with (1.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.45. | |
| MAG Silver Corp has a poor financial position based on the latest SEC disclosures | |
| Roughly 56.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Q124 Production from JV Mine in Line Research Report - Streetwise Reports |
MAG Silver Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of MAG Stock often depends not only on the future outlook of the current and potential MAG Silver'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. MAG Silver's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 102.6 M | |
| Cash And Short Term Investments | 68.4 M |
MAG Silver Technical Analysis
MAG Silver's future price can be derived by breaking down and analyzing its technical indicators over time. MAG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MAG Silver Corp. In general, you should focus on analyzing MAG Stock price patterns and their correlations with different microeconomic environments and drivers.
MAG Silver Predictive Forecast Models
MAG Silver's time-series forecasting models is one of many MAG Silver's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary MAG Silver'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 stock market movement and maximize returns from investment trading.
Things to note about MAG Silver Corp
Checking the ongoing alerts about MAG Silver for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MAG Silver Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MAG Silver Corp appears to be risky and price may revert if volatility continues | |
| MAG Silver Corp has about 29.95 M in cash with (1.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.45. | |
| MAG Silver Corp has a poor financial position based on the latest SEC disclosures | |
| Roughly 56.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Q124 Production from JV Mine in Line Research Report - Streetwise Reports |
Check out MAG Silver Backtesting, MAG Silver Valuation, MAG Silver Correlation, MAG Silver Hype Analysis, MAG Silver Volatility, MAG Silver History as well as MAG Silver Performance. Note that the MAG Silver Corp information on this page should be used as a complementary analysis to other MAG Silver'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 Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for MAG Stock analysis
When running MAG Silver's price analysis, check to measure MAG Silver'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 MAG Silver is operating at the current time. Most of MAG Silver's value examination focuses on studying past and present price action to predict the probability of MAG Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAG Silver's price. Additionally, you may evaluate how the addition of MAG Silver to your portfolios can decrease your overall portfolio volatility.
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |
Is MAG Silver'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 MAG Silver. If investors know MAG 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 MAG Silver 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 0.076 | Earnings Share 0.47 | Return On Assets (0.02) | Return On Equity 0.1071 |
The market value of MAG Silver Corp is measured differently than its book value, which is the value of MAG that is recorded on the company's balance sheet. Investors also form their own opinion of MAG Silver's value that differs from its market value or its book value, called intrinsic value, which is MAG Silver'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 MAG Silver's market value can be influenced by many factors that don't directly affect MAG Silver'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 MAG Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAG Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAG Silver'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.