Magnite Stock Market Value
| MGNI Stock | USD 24.48 0.21 0.87% |
| Symbol | Magnite |
Magnite Price To Book Ratio
Is Advertising 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 Magnite. If investors know Magnite 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 Magnite 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 0.154 | Earnings Share 0.22 | Revenue Per Share | Quarterly Revenue Growth 0.043 | Return On Assets |
The market value of Magnite is measured differently than its book value, which is the value of Magnite that is recorded on the company's balance sheet. Investors also form their own opinion of Magnite's value that differs from its market value or its book value, called intrinsic value, which is Magnite'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 Magnite's market value can be influenced by many factors that don't directly affect Magnite'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 Magnite's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnite is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnite'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.
Magnite 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Magnite's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Magnite.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Magnite on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Magnite or generate 0.0% return on investment in Magnite over 90 days. Magnite is related to or competes with Digital Turbine, Boston Omaha, Cardlytics, Fulgent Genetics, Fubotv, Fiverr International, and Integral. Magnite, Inc. operates an independent sell-side advertising platform in the United States and internationally More
Magnite Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Magnite's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Magnite upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.11 | |||
| Information Ratio | 0.3341 | |||
| Maximum Drawdown | 24.07 | |||
| Value At Risk | (3.30) | |||
| Potential Upside | 8.65 |
Magnite Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Magnite's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Magnite's standard deviation. In reality, there are many statistical measures that can use Magnite historical prices to predict the future Magnite's volatility.| Risk Adjusted Performance | 0.3522 | |||
| Jensen Alpha | 1.33 | |||
| Total Risk Alpha | 0.915 | |||
| Sortino Ratio | 0.6394 | |||
| Treynor Ratio | 1.32 |
Magnite Backtested Returns
Magnite is not too volatile given 3 months investment horizon. Magnite has Sharpe Ratio of 0.35, which conveys that the firm had a 0.35 % return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.37% are justified by taking the suggested risk. Use Magnite Mean Deviation of 2.61, risk adjusted performance of 0.3522, and Downside Deviation of 2.11 to evaluate company specific risk that cannot be diversified away. Magnite holds a performance score of 27 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 1.12, which conveys a somewhat significant risk relative to the market. Magnite returns are very sensitive to returns on the market. As the market goes up or down, Magnite is expected to follow. Use Magnite jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to analyze future returns on Magnite.
Auto-correlation | 0.92 |
Excellent predictability
Magnite has excellent predictability. Overlapping area represents the amount of predictability between Magnite time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Magnite price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Magnite price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 8.24 |
Magnite lagged returns against current returns
Autocorrelation, which is Magnite stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Magnite's stock expected returns. We can calculate the autocorrelation of Magnite returns to help us make a trade decision. For example, suppose you find that Magnite has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Magnite regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Magnite stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Magnite stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Magnite stock over time.
Current vs Lagged Prices |
| Timeline |
Magnite Lagged Returns
When evaluating Magnite's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Magnite stock have on its future price. Magnite autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Magnite autocorrelation shows the relationship between Magnite stock current value and its past values and can show if there is a momentum factor associated with investing in Magnite.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Magnite offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Magnite's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Magnite Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magnite Stock:Check out Magnite Correlation, Magnite Volatility and Magnite Alpha and Beta module to complement your research on Magnite. For more detail on how to invest in Magnite Stock please use our How to Invest in Magnite guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Magnite technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.