Magyar Bancorp Stock Price on February 21, 2024
| MGYR Stock | USD 10.98 0.08 0.73% |
Below is the normalized historical share price chart for Magyar Bancorp extending back to January 24, 2006. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Magyar Bancorp stands at 10.98, as last reported on the 8th of June, with the highest price reaching 11.00 and the lowest price hitting 10.72 during the day.
If you're considering investing in Magyar Stock, it is important to understand the factors that can impact its price. Magyar Bancorp has Sharpe Ratio of -0.0388, which conveys that the firm had a -0.0388% return per unit of risk over the last 3 months. Magyar Bancorp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Magyar Bancorp's Mean Deviation of 0.9744, risk adjusted performance of (0.0008), and Standard Deviation of 1.59 to check out the risk estimate we provide.
At this time, Magyar Bancorp's Total Stockholder Equity is relatively stable compared to the past year. As of 06/08/2024, Other Stockholder Equity is likely to grow to about 65.6 M, while Liabilities And Stockholders Equity is likely to drop slightly above 610.6 M. . At this time, Magyar Bancorp's Price Book Value Ratio is relatively stable compared to the past year. As of 06/08/2024, Price Earnings To Growth Ratio is likely to grow to 3.15, while Price Earnings Ratio is likely to drop 9.33. Magyar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of January 2006 | 200 Day MA 10.7037 | 50 Day MA 11.0768 | Beta 0.275 |
Magyar |
Sharpe Ratio = -0.0388
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| Negative Returns | MGYR |
Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Magyar Bancorp is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Magyar Bancorp by adding Magyar Bancorp to a well-diversified portfolio.
Price Book 0.6839 | Price Sales 2.4097 | Shares Float 5.3 M | Dividend Share 0.15 | Wall Street Target Price 13 |
Magyar Bancorp Valuation on February 21, 2024
It is possible to determine the worth of Magyar Bancorp on a given historical date. On February 21, 2024 Magyar was worth 11.75 at the beginning of the trading date compared to the closed value of 11.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magyar Bancorp stock. Still, in general, we apply an absolute valuation method to find Magyar Bancorp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Magyar Bancorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magyar Bancorp's related companies.
| Open | High | Low | Close | Volume | |
| 11.39 | 11.65 | 11.39 | 11.60 | 2,221 | |
02/21/2024 | 11.75 | 12.00 | 11.50 | 11.50 | 5,211 |
| 11.50 | 11.77 | 11.50 | 11.65 | 25,109 |
| Backtest Magyar Bancorp | | | Magyar Bancorp History | | | Magyar Bancorp Valuation | Previous | Next |
Magyar Bancorp Trading Date Momentum on February 21, 2024
| On February 22 2024 Magyar Bancorp was traded for 11.65 at the closing time. The top price for the day was 11.77 and the lowest listed price was 11.50 . The trading volume for the day was 25.1 K. The trading history from February 22, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 1.30% . The trading delta at closing time against the current closing price is 2.35% . |
Magyar Bancorp Fundamentals Correlations and Trends
By evaluating Magyar Bancorp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Magyar Bancorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Magyar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Magyar Bancorp Stock history
Magyar Bancorp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Magyar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magyar Bancorp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Magyar Bancorp stock prices may prove useful in developing a viable investing in Magyar Bancorp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7.4 M | 6.5 M | |
| Net Income Applicable To Common Shares | 9.1 M | 9.6 M |
Magyar Bancorp Stock Technical Analysis
Magyar Bancorp 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.
Price Boundaries
Magyar Bancorp Period Price Range
Low | February 21, 2024
| High |
11.75 | 11.50 |
Magyar Bancorp June 8, 2024 Market Strength
Market strength indicators help investors to evaluate how Magyar Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magyar Bancorp shares will generate the highest return on investment. By undertsting and applying Magyar Bancorp stock market strength indicators, traders can identify Magyar Bancorp entry and exit signals to maximize returns
| Accumulation Distribution | 217.13 | |||
| Daily Balance Of Power | (0.50) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 11.75 | |||
| Day Typical Price | 11.67 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (0.37) | |||
| Period Momentum Indicator | (0.52) |
Magyar Bancorp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Magyar Bancorp's price direction in advance. Along with the technical and fundamental analysis of Magyar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magyar to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.0008) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.0601 |
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Additional Tools for Magyar Stock Analysis
When running Magyar Bancorp's price analysis, check to measure Magyar Bancorp'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 Magyar Bancorp is operating at the current time. Most of Magyar Bancorp's value examination focuses on studying past and present price action to predict the probability of Magyar Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Bancorp's price. Additionally, you may evaluate how the addition of Magyar Bancorp to your portfolios can decrease your overall portfolio volatility.