Magic Empire Global Stock Price Prediction

MEGL Stock  USD 0.52  0.01  1.96%   
The relative strength index (RSI) of Magic Empire's the stock price is about 69. This indicates that the stock is rather overbought by investors as of now. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Magic, making its price go up or down.

Oversold Vs Overbought

69

 
Oversold
 
Overbought
The successful prediction of Magic Empire's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Magic Empire and does not consider all of the tangible or intangible factors available from Magic Empire's fundamental data. We analyze noise-free headlines and recent hype associated with Magic Empire Global, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Magic Empire's stock price prediction:
Quarterly Earnings Growth
(0.64)
Quarterly Revenue Growth
1.302
Using Magic Empire hype-based prediction, you can estimate the value of Magic Empire Global from the perspective of Magic Empire response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Magic Empire to buy its stock at a price that has no basis in reality. In that case, they are not buying Magic because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Magic Empire after-hype prediction price

    
  USD 0.52  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Magic Empire Basic Forecasting Models to cross-verify your projections.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Magic Empire's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
0.020.456.71
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Magic Empire. Your research has to be compared to or analyzed against Magic Empire's peers to derive any actionable benefits. When done correctly, Magic Empire's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Magic Empire Global.

Magic Empire After-Hype Price Prediction Density Analysis

As far as predicting the price of Magic Empire at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Magic Empire or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Magic Empire, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Magic Empire Estimiated After-Hype Price Volatility

In the context of predicting Magic Empire's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Magic Empire's historical news coverage. Magic Empire's after-hype downside and upside margins for the prediction period are 0.03 and 6.78, respectively. We have considered Magic Empire's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
0.52
0.52
After-hype Price
6.78
Upside
Magic Empire is out of control at this time. Analysis and calculation of next after-hype price of Magic Empire Global is based on 3 months time horizon.

Magic Empire Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Magic Empire is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Magic Empire backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Magic Empire, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.16 
6.26
 0.00  
 0.00  
1 Events / Month
1 Events / Month
Very soon
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
0.52
0.52
0.00 
20,867  
Notes

Magic Empire Hype Timeline

Magic Empire Global is now traded for 0.52. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Magic is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at 0.16%. %. The volatility of related hype on Magic Empire is about 39125.0%, with the expected price after the next announcement by competition of 0.52. About 52.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.61. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Magic Empire Global has Price/Earnings (P/E) ratio of 250.0. The entity last dividend was issued on the 13th of October 2023. Given the investment horizon of 90 days the next forecasted press release will be very soon.
Check out Magic Empire Basic Forecasting Models to cross-verify your projections.

Magic Empire Related Hype Analysis

Having access to credible news sources related to Magic Empire's direct competition is more important than ever and may enhance your ability to predict Magic Empire's future price movements. Getting to know how Magic Empire's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Magic Empire may potentially react to the hype associated with one of its peers.

Magic Empire Additional Predictive Modules

Most predictive techniques to examine Magic price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Magic using various technical indicators. When you analyze Magic charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Magic Empire Predictive Indicators

The successful prediction of Magic Empire stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Magic Empire Global, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Magic Empire based on analysis of Magic Empire hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Magic Empire's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Magic Empire's related companies.
 2021 2023 2024 (projected)
Dividend Yield0.02380.0084760.006622
Price To Sales Ratio675.6413.5312.86

Story Coverage note for Magic Empire

The number of cover stories for Magic Empire depends on current market conditions and Magic Empire's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Magic Empire is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Magic Empire's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Other Macroaxis Stories

Our audience includes start-ups and big corporations as well as marketing, public relation firms, and advertising agencies, including technology and finance journalists. Our platform and its news and story outlet are popular among finance students, amateur traders, self-guided investors, entrepreneurs, retirees and baby boomers, academic researchers, financial advisers, as well as professional money managers - a very diverse and influential demographic landscape united by one goal - build optimal investment portfolios

Magic Empire Short Properties

Magic Empire's future price predictability will typically decrease when Magic Empire's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Magic Empire Global often depends not only on the future outlook of the potential Magic Empire's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Magic Empire's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding20.3 M
Cash And Short Term Investments92.4 M
When determining whether Magic Empire Global is a strong investment it is important to analyze Magic Empire's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Magic Empire's future performance. For an informed investment choice regarding Magic Stock, refer to the following important reports:
Check out Magic Empire Basic Forecasting Models to cross-verify your projections.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Asset Management & Custody Banks space 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 Magic Empire. If investors know Magic 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 Magic Empire 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
(0.64)
Revenue Per Share
0.681
Quarterly Revenue Growth
1.302
Return On Assets
(0)
Return On Equity
(0)
The market value of Magic Empire Global is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Empire's value that differs from its market value or its book value, called intrinsic value, which is Magic Empire'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 Magic Empire's market value can be influenced by many factors that don't directly affect Magic Empire'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 Magic Empire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Empire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Empire'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.