Magna Finance (Indonesia) Today
| MGNA Stock | IDR 8.00 0.00 0.00% |
Performance0 of 100
| Odds Of DistressOver 67
|
Magna Finance is selling for 8.00 as of the 15th of April 2024. This is a No Change since the beginning of the trading day. The stock's last reported lowest price was 8.0. Magna Finance has more than 67 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Magna Finance Tbk are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of October 2023 and ending today, the 15th of April 2024. Click here to learn more.
Moving against Magna Stock
| 0.6 | MASA | Multistrada Arah Sarana | PairCorr |
| 0.54 | TGKA | Tigaraksa Satria Tbk | PairCorr |
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Magna Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Magna Finance's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Magna Finance or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Vice President Director | Triyuga Satyawan |
| Business Concentration | Financials, Consumer Finance (View all Sectors) |
Magna Finance Tbk (MGNA) is traded on Jakarta Exchange in Indonesia and employs 3 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 170.52 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Magna Finance's market, we take the total number of its shares issued and multiply it by Magna Finance's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Magna Finance Tbk has 3.41 B outstanding shares.
Magna Finance generates negative cash flow from operations
Check Magna Finance Probability Of Bankruptcy
Ownership AllocationMagna Finance Tbk holds a total of 3.41 Billion outstanding shares. Magna Finance Tbk secures 12.3 % of its outstanding shares held by insiders and 1.759 % owned by institutional investors. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Magna Ownership Details
Magna Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Magna Finance jumping above the current price in 90 days from now is about 84.13%. The Magna Finance Tbk probability density function shows the probability of Magna Finance stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Magna Finance Tbk has a beta of -0.0011. This indicates as returns on the benchmark increase, returns on holding Magna Finance are expected to decrease at a much lower rate. During a bear market, however, Magna Finance Tbk is likely to outperform the market. Additionally, magna Finance Tbk has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Magna Finance to move above the current price in 90 days from now is about 84.13 (This Magna Finance Tbk probability density function shows the probability of Magna Stock to fall within a particular range of prices over 90 days) .
Magna Finance Tbk Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Magna Finance market risk premium is the additional return an investor will receive from holding Magna Finance long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Magna Finance. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Magna Finance's alpha and beta are two of the key measurements used to evaluate Magna Finance's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 4.78 | |||
| Standard Deviation | 7.23 | |||
| Variance | 52.32 | |||
| Risk Adjusted Performance | (0.03) |
Magna Stock Against Markets
Picking the right benchmark for Magna Finance stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Magna Finance stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Magna Finance is critical whether you are bullish or bearish towards Magna Finance Tbk at a given time. Please also check how Magna Finance's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Magna Finance without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Magna Stock?
Before investing in Magna Finance, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Magna Finance. To buy Magna Finance stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Magna Finance. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Magna Finance stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Magna Finance Tbk stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Magna Finance Tbk stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Magna Finance Tbk, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Magna Finance Tbk?
The danger of trading Magna Finance Tbk is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Magna Finance is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Magna Finance. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Magna Finance Tbk is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magna Finance Tbk. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for Magna Stock analysis
When running Magna Finance's price analysis, check to measure Magna Finance'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 Finance is operating at the current time. Most of Magna Finance's value examination focuses on studying past and present price action to predict the probability of Magna Finance'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 Finance's price. Additionally, you may evaluate how the addition of Magna Finance to your portfolios can decrease your overall portfolio volatility.
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