Magellan Financial Statements From 2010 to 2024
Magellan Health financial statements provide useful quarterly and yearly information to potential Magellan Health investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Magellan Health financial statements helps investors assess Magellan Health's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Magellan Health's valuation are summarized below:Magellan Health does not presently have any fundamental ratios for analysis.
This module can also supplement various Magellan Health Technical models . 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.
Check Magellan Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magellan main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Magellan financial statements analysis is a perfect complement when working with Magellan Health Valuation or Volatility modules.
Magellan |
Magellan Health Company Return On Asset Analysis
Magellan Health's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Magellan Health Return On Asset | 0.54 |
Most of Magellan Health's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Magellan Health is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
CompetitionBased on the latest financial disclosure, Magellan Health has a Return On Asset of 0.54. This is 106.17% lower than that of the Healthcare sector and significantly higher than that of the Healthcare Plans industry. The return on asset for all United States stocks is notably lower than that of the firm.
Magellan Health Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Magellan Health's current stock value. Our valuation model uses many indicators to compare Magellan Health value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magellan Health competition to find correlations between indicators driving Magellan Health's intrinsic value. More Info.Magellan Health is considered to be number one stock in return on equity category among related companies. It is considered to be number one stock in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Magellan Health by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Magellan Health's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Magellan Health's earnings, one of the primary drivers of an investment's value.Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Magellan Health in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Magellan Health's short interest history, or implied volatility extrapolated from Magellan Health options trading.
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Try AI Portfolio ArchitectCheck 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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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