Magna International Stock Performance
| MGA Stock | USD 49.21 0.56 1.13% |
The company secures a Beta (Market Risk) of 1.78, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Magna International will likely underperform. Magna International has an expected return of -0.17%. Please make sure to verify Magna International kurtosis, market facilitation index, and the relationship between the value at risk and rate of daily change , to decide if Magna International performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Magna International has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's technical and fundamental indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
Actual Historical Performance (%)
One Day Return (1.24) | Five Day Return 3.35 | Year To Date Return (16.95) | Ten Year Return (2.28) | All Time Return 1.4 K |
Forward Dividend Yield 0.0382 | Payout Ratio 0.3435 | Last Split Factor 2:1 | Forward Dividend Rate 1.9 | Dividend Date 2024-03-08 |
1 | Magna International Seems To Use Debt Quite Sensibly | 03/06/2024 |
| Magna International dividend paid on 8th of March 2024 | 03/08/2024 |
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4 | RONN, Inc. Provides an Update to Its Previously Announced First Nations Canada Hydrogen Initiative | 04/11/2024 |
5 | Magna Intl stock downgraded amid FSR headwinds | 04/15/2024 |
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| Begin Period Cash Flow | 1.2 B |
Magna |
Magna International Relative Risk vs. Return Landscape
If you would invest 5,524 in Magna International on January 26, 2024 and sell it today you would lose (603.00) from holding Magna International or give up 10.92% of portfolio value over 90 days. Magna International is generating negative expected returns assuming volatility of 1.8037% on return distribution over 90 days investment horizon. In other words, 15% of stocks are less volatile than Magna, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Magna International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Magna International's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Magna International, and traders can use it to determine the average amount a Magna International's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0943
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| Negative Returns | MGA |
Estimated Market Risk
| 1.8 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Magna International 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 Magna International by adding Magna International to a well-diversified portfolio.
Magna International Fundamentals Growth
Magna Stock prices reflect investors' perceptions of the future prospects and financial health of Magna International, and Magna International fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Magna Stock performance.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0424 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 20.7 B | |||
| Shares Outstanding | 287.28 M | |||
| Price To Earning | 24.46 X | |||
| Price To Book | 1.20 X | |||
| Price To Sales | 0.34 X | |||
| Revenue | 43.61 B | |||
| Gross Profit | 4.65 B | |||
| EBITDA | 4 B | |||
| Net Income | 1.24 B | |||
| Cash And Equivalents | 1.23 B | |||
| Cash Per Share | 5.76 X | |||
| Total Debt | 7.19 B | |||
| Debt To Equity | 0.45 % | |||
| Current Ratio | 1.30 X | |||
| Book Value Per Share | 41.47 X | |||
| Cash Flow From Operations | 3.21 B | |||
| Earnings Per Share | 4.23 X | |||
| Market Capitalization | 14.3 B | |||
| Total Asset | 32.09 B | |||
| Retained Earnings | 9.26 B | |||
| Working Capital | 803 M | |||
| Current Asset | 11.14 B | |||
| Current Liabilities | 7.28 B | |||
About Magna International Performance
To evaluate Magna International Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Magna International generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Magna Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Magna International market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Magna's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 42.55 | 43.66 | |
| Return On Tangible Assets | 0.04 | 0.05 | |
| Return On Capital Employed | 0.12 | 0.17 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.10 | 0.07 |
Things to note about Magna International performance evaluation
Checking the ongoing alerts about Magna International for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Magna International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Magna International generated a negative expected return over the last 90 days | |
| About 74.0% of the company shares are owned by institutional investors | |
| On 8th of March 2024 Magna International paid $ 0.475 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: IPG, Zefr address social media misinformation with new tools |
- Analyzing Magna International's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Magna International's stock is overvalued or undervalued compared to its peers.
- Examining Magna International's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Magna International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Magna International's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Magna International's stock. These opinions can provide insight into Magna International's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For information on how to trade Magna Stock refer to our How to Trade Magna Stock guide.Note that the Magna International information on this page should be used as a complementary analysis to other Magna International'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 Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Magna Stock analysis
When running Magna International's price analysis, check to measure Magna International'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 International is operating at the current time. Most of Magna International's value examination focuses on studying past and present price action to predict the probability of Magna International'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 International's price. Additionally, you may evaluate how the addition of Magna International to your portfolios can decrease your overall portfolio volatility.
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Is Magna International'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 Magna International. If investors know Magna 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 Magna International 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 1.882 | Dividend Share 1.855 | Earnings Share 4.23 | Revenue Per Share 149.535 | Quarterly Revenue Growth 0.093 |
The market value of Magna International is measured differently than its book value, which is the value of Magna that is recorded on the company's balance sheet. Investors also form their own opinion of Magna International's value that differs from its market value or its book value, called intrinsic value, which is Magna International'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 Magna International's market value can be influenced by many factors that don't directly affect Magna International'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 Magna International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magna International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magna International'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.