Magnachip Semiconductor Stock Buy Hold or Sell Recommendation
| MX Stock | USD 4.87 0.02 0.41% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding MagnaChip Semiconductor is 'Strong Hold'. Macroaxis provides MagnaChip Semiconductor buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MX positions. The advice algorithm takes into account all of MagnaChip Semiconductor's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting MagnaChip Semiconductor's buy or sell advice are summarized below:
Real Value 7.27 | Target Price 14 | Hype Value 4.85 | Market Value 4.87 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell MagnaChip Semiconductor given historical horizon and risk tolerance towards MagnaChip Semiconductor. When Macroaxis issues a 'buy' or 'sell' recommendation for MagnaChip Semiconductor, the advice is generated through an automated system that utilizes algorithms and statistical models.
MagnaChip |
Execute MagnaChip Semiconductor Buy or Sell Advice
The MagnaChip recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on MagnaChip Semiconductor. Macroaxis does not own or have any residual interests in MagnaChip Semiconductor or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute MagnaChip Semiconductor's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
MagnaChip Semiconductor Trading Alerts and Improvement Suggestions
| MagnaChip Semiconductor generated a negative expected return over the last 90 days | |
| The company generated the yearly revenue of 226.6 M. Annual Net Loss to common stockholders was (36.62 M) with gross profit of 101.26 M. | |
| MagnaChip Semiconductor reports about 225.48 M in cash with (3.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.1, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| MagnaChip Semiconductor has a poor financial position based on the latest SEC disclosures | |
| Over 77.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Inventory Macro Mar Solid 2024 Outlook for Semiconductors |
MagnaChip Semiconductor Returns Distribution Density
The distribution of MagnaChip Semiconductor's historical returns is an attempt to chart the uncertainty of MagnaChip Semiconductor's future price movements. The chart of the probability distribution of MagnaChip Semiconductor daily returns describes the distribution of returns around its average expected value. We use MagnaChip Semiconductor price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of MagnaChip Semiconductor returns is essential to provide solid investment advice for MagnaChip Semiconductor.
| Mean Return | -0.51 | Value At Risk | -3.61 | Potential Upside | 2.61 | Standard Deviation | 2.63 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of MagnaChip Semiconductor historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
MagnaChip Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as MagnaChip Semiconductor is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MagnaChip Semiconductor backward and forwards among themselves. MagnaChip Semiconductor's institutional investor refers to the entity that pools money to purchase MagnaChip Semiconductor's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | S Squared Technology, Llc | 2023-12-31 | 689.7 K | Ameriprise Financial Inc | 2023-12-31 | 601.9 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 545.1 K | Boothbay Fund Management, Llc | 2023-12-31 | 537.8 K | Charles Schwab Investment Management Inc | 2023-12-31 | 536.3 K | Two Sigma Advisers, Llc | 2023-12-31 | 505.4 K | Marshall Wace Asset Management Ltd | 2023-12-31 | 498.3 K | Two Sigma Investments Llc | 2023-12-31 | 489.7 K | Millennium Management Llc | 2023-12-31 | 480.4 K | Oaktree Capital Management Llc | 2023-12-31 | 2.8 M | Alliancebernstein L.p. | 2023-12-31 | 2.3 M |
MagnaChip Semiconductor Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (4.2M) | (816K) | (5.9M) | (12.6M) | 2.4M | 2.5M | |
| Change In Cash | 19.2M | 128.3M | (393K) | (54.1M) | (67.4M) | (64.0M) | |
| Free Cash Flow | 26.4M | (29.4M) | 54.9M | (18.6M) | (10.2M) | (9.7M) | |
| Depreciation | 32.7M | 16.5M | 14.2M | 15M | 16.7M | 15.8M | |
| Other Non Cash Items | (4.9M) | (308.9M) | (24.9M) | 22.3M | 13.3M | 14.0M | |
| Capital Expenditures | 24.1M | 36.8M | 32.8M | 23.8M | 7.2M | 6.9M | |
| Net Income | (21.8M) | 345.0M | 56.7M | (8.0M) | (36.6M) | (34.8M) | |
| End Period Cash Flow | 151.7M | 279.9M | 279.5M | 225.5M | 158.1M | 149.7M | |
| Change Receivables | (26.0M) | (12.3M) | (14.0M) | 28.4M | 32.7M | 34.3M | |
| Net Borrowings | (1.2M) | (224.3M) | (563K) | (500K) | (450K) | (427.5K) | |
| Change To Netincome | 7.2M | (275.7M) | 38.8M | 16.3M | 14.6M | 15.4M | |
| Investments | (4.3M) | 4.9M | (31.4M) | (24.9M) | (3.7M) | (3.9M) |
MagnaChip Semiconductor Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to MagnaChip Semiconductor or Semiconductors & Semiconductor Equipment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that MagnaChip Semiconductor's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a MagnaChip stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.59 | |
β | Beta against NYSE Composite | 0.87 | |
σ | Overall volatility | 2.68 | |
Ir | Information ratio | -0.23 |
MagnaChip Semiconductor Volatility Alert
MagnaChip Semiconductor exhibits very low volatility with skewness of -2.41 and kurtosis of 12.49. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure MagnaChip Semiconductor's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact MagnaChip Semiconductor's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.MagnaChip Semiconductor Fundamentals Vs Peers
Comparing MagnaChip Semiconductor's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze MagnaChip Semiconductor's direct or indirect competition across all of the common fundamentals between MagnaChip Semiconductor and the related equities. This way, we can detect undervalued stocks with similar characteristics as MagnaChip Semiconductor or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of MagnaChip Semiconductor's fundamental indicators could also be used in its relative valuation, which is a method of valuing MagnaChip Semiconductor by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare MagnaChip Semiconductor to competition |
| Fundamentals | MagnaChip Semiconductor | Peer Average |
| Return On Equity | -0.0948 | -0.31 |
| Return On Asset | -0.0646 | -0.14 |
| Profit Margin | (0.16) % | (1.27) % |
| Operating Margin | (0.15) % | (5.51) % |
| Current Valuation | 32.86 M | 16.62 B |
| Shares Outstanding | 38.26 M | 571.82 M |
| Shares Owned By Insiders | 3.27 % | 10.09 % |
| Shares Owned By Institutions | 77.30 % | 39.21 % |
| Number Of Shares Shorted | 521.49 K | 4.71 M |
| Price To Earning | 1.29 X | 28.72 X |
| Price To Book | 0.58 X | 9.51 X |
| Price To Sales | 0.87 X | 11.42 X |
| Revenue | 226.6 M | 9.43 B |
| Gross Profit | 101.26 M | 27.38 B |
| EBITDA | (35.16 M) | 3.9 B |
| Net Income | (36.62 M) | 570.98 M |
| Cash And Equivalents | 225.48 M | 2.7 B |
| Cash Per Share | 6.10 X | 5.01 X |
| Total Debt | 5.39 M | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 5.20 X | 2.16 X |
| Book Value Per Share | 8.87 X | 1.93 K |
| Cash Flow From Operations | (3.01 M) | 971.22 M |
| Short Ratio | 0.75 X | 4.00 X |
| Earnings Per Share | (0.89) X | 3.12 X |
| Price To Earnings To Growth | 1.08 X | 4.89 X |
| Target Price | 10.0 | |
| Number Of Employees | 891 | 18.84 K |
| Beta | 0.75 | -0.15 |
| Market Capitalization | 185.56 M | 19.03 B |
| Total Asset | 420.49 M | 29.47 B |
| Retained Earnings | 298.88 M | 9.33 B |
| Working Capital | 198.55 M | 1.48 B |
Note: Acquisition by Melvin Keating of 13694 shares of MagnaChip Semiconductor subject to Rule 16b-3 [view details]
MagnaChip Semiconductor Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as MagnaChip . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About MagnaChip Semiconductor Buy or Sell Advice
When is the right time to buy or sell MagnaChip Semiconductor? Buying financial instruments such as MagnaChip Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 4.3M | 5.5M | 5.4M | 5.1M | Total Assets | 583.7M | 516.6M | 420.5M | 501.8M |
Use Investing Ideas to Build Portfolios
In addition to having MagnaChip Semiconductor in your portfolios, you can quickly 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 investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Consumption Thematic Idea Now
Consumption
Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 18 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Consumption Theme or any other thematic opportunities.
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Check out MagnaChip Semiconductor Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy MagnaChip Stock please use our How to Invest in MagnaChip Semiconductor guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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When running MagnaChip Semiconductor's price analysis, check to measure MagnaChip Semiconductor'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 MagnaChip Semiconductor is operating at the current time. Most of MagnaChip Semiconductor's value examination focuses on studying past and present price action to predict the probability of MagnaChip Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MagnaChip Semiconductor's price. Additionally, you may evaluate how the addition of MagnaChip Semiconductor to your portfolios can decrease your overall portfolio volatility.
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Is MagnaChip Semiconductor'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 MagnaChip Semiconductor. If investors know MagnaChip 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 MagnaChip Semiconductor 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 (0.95) | Earnings Share (0.89) | Revenue Per Share 5.609 | Quarterly Revenue Growth (0.17) | Return On Assets (0.06) |
The market value of MagnaChip Semiconductor is measured differently than its book value, which is the value of MagnaChip that is recorded on the company's balance sheet. Investors also form their own opinion of MagnaChip Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is MagnaChip Semiconductor'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 MagnaChip Semiconductor's market value can be influenced by many factors that don't directly affect MagnaChip Semiconductor'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 MagnaChip Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if MagnaChip Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MagnaChip Semiconductor'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.