Magellan Health Performance
The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Magellan Health are completely uncorrelated.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Magellan Health has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy essential indicators, Magellan Health is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| Quick Ratio | 2.44 | |
| Fifty Two Week Low | 82.94 | |
| Target High Price | 95.00 | |
| Fifty Two Week High | 99.36 | |
| Target Low Price | 95.00 |
Magellan |
Magellan Health Relative Risk vs. Return Landscape
If you would invest (100.00) in Magellan Health on January 26, 2024 and sell it today you would earn a total of 100.00 from holding Magellan Health or generate -100.0% return on investment over 90 days. Magellan Health is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Magellan, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Magellan Health Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Magellan Health's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Magellan Health, and traders can use it to determine the average amount a Magellan Health'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 = 0.0
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Based on monthly moving average Magellan Health 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 Magellan Health by adding Magellan Health to a well-diversified portfolio.
Magellan Health Fundamentals Growth
Magellan Stock prices reflect investors' perceptions of the future prospects and financial health of Magellan Health, and Magellan Health 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 Magellan Stock performance.
| Return On Equity | -0.16 | |||
| Return On Asset | 0.54 | |||
| Profit Margin | 6.26 % | |||
| Operating Margin | 0.60 % | |||
| Current Valuation | 2.09 B | |||
| Shares Outstanding | 26.33 M | |||
| Price To Earning | 8.49 X | |||
| Price To Book | 1.29 X | |||
| Price To Sales | 0.52 X | |||
| Revenue | 4.82 B | |||
| EBITDA | 86.76 M | |||
| Cash And Equivalents | 1.01 B | |||
| Cash Per Share | 38.44 X | |||
| Total Debt | 562.64 M | |||
| Debt To Equity | 0.28 % | |||
| Book Value Per Share | 73.44 X | |||
| Cash Flow From Operations | 185.41 M | |||
| Earnings Per Share | 11.19 X | |||
| Total Asset | 2.07 B | |||
| Retained Earnings | 1.41 B | |||
| Current Asset | 1.1 B | |||
| Current Liabilities | 724.24 M | |||
Things to note about Magellan Health performance evaluation
Checking the ongoing alerts about Magellan Health for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Magellan Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Magellan Health is not yet fully synchronised with the market data | |
| Magellan Health has some characteristics of a very speculative penny stock | |
| Magellan Health has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 4.82 B. Net Loss for the year was (7.8 M) with profit before overhead, payroll, taxes, and interest of 120.79 M. | |
| Over 98.0% of the company shares are owned by institutional investors |
- Analyzing Magellan Health'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 Magellan Health's stock is overvalued or undervalued compared to its peers.
- Examining Magellan Health'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 Magellan Health's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Magellan Health's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Magellan Health's stock. These opinions can provide insight into Magellan Health'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. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Other Consideration for investing in Magellan Stock
If you are still planning to invest in Magellan Health check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Magellan Health's history and understand the potential risks before investing.
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