Magnite Stock Performance
| MGNI Stock | USD 16.17 0.17 1.04% |
On a scale of 0 to 100, Magnite holds a performance score of 9. The company secures a Beta (Market Risk) of -0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Magnite are expected to decrease at a much lower rate. During the bear market, Magnite is likely to outperform the market. Please check Magnite's jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Magnite's current price movements will revert.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Magnite are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite fairly unfluctuating basic indicators, Magnite demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 1.55 | Five Day Return 2.63 | Year To Date Return 78.48 | Ten Year Return (3.41) | All Time Return (18.27) |
1 | Disposition of 12824 shares by Katie Evans of Magnite at 16.0 subject to Rule 16b-3 | 11/11/2024 |
2 | Magnites chief accounting officer sells 33,633 in stock | 11/20/2024 |
3 | Magnite CTO David Buonasera sells 7,232 in stock | 11/27/2024 |
4 | Scotiabank Initiates Coverage on Magnite | 12/05/2024 |
5 | Magnites SWOT analysis CTV growth and Netflix deal boost stock outlook | 12/10/2024 |
6 | Rubicon names new CFO and board members, hints at pending sale | 12/11/2024 |
7 | Magnite, Inc. appoints new presidents for revenue and operations | 12/12/2024 |
8 | Disposition of 1969 shares by David Buonasera of Magnite at 16.31 subject to Rule 16b-3 | 12/13/2024 |
9 | Disposition of 11644 shares by David Day of Magnite at 16.44 subject to Rule 16b-3 | 12/16/2024 |
10 | Disposition of 13500 shares by David Day of Magnite at 16.32 subject to Rule 16b-3 | 12/17/2024 |
11 | FedEx Corp Partners with Team Rubicon for Disaster Relief Efforts | 12/19/2024 |
| Begin Period Cash Flow | 326.5 M |
Magnite |
Magnite Relative Risk vs. Return Landscape
If you would invest 1,304 in Magnite on September 26, 2024 and sell it today you would earn a total of 313.00 from holding Magnite or generate 24.0% return on investment over 90 days. Magnite is currently generating 0.3998% in daily expected returns and assumes 3.4584% risk (volatility on return distribution) over the 90 days horizon. In different words, 30% of stocks are less volatile than Magnite, and 93% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Magnite Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Magnite's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Magnite, and traders can use it to determine the average amount a Magnite'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 = 0.1156
| Best Portfolio | Best Equity | |||
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| Small Returns | MGNI | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.46 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Magnite is performing at about 9% of its full potential. 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 Magnite by adding it to a well-diversified portfolio.
Magnite Fundamentals Growth
Magnite Stock prices reflect investors' perceptions of the future prospects and financial health of Magnite, and Magnite 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 Magnite Stock performance.
| Return On Equity | 0.0251 | ||||
| Return On Asset | 0.0111 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 2.51 B | ||||
| Shares Outstanding | 140.69 M | ||||
| Price To Earning | 228.22 X | ||||
| Price To Book | 3.13 X | ||||
| Price To Sales | 3.44 X | ||||
| Revenue | 619.71 M | ||||
| Gross Profit | 269.9 M | ||||
| EBITDA | 115.64 M | ||||
| Net Income | (159.18 M) | ||||
| Cash And Equivalents | 233.13 M | ||||
| Cash Per Share | 1.75 X | ||||
| Total Debt | 606.65 M | ||||
| Debt To Equity | 0.98 % | ||||
| Current Ratio | 1.14 X | ||||
| Book Value Per Share | 5.14 X | ||||
| Cash Flow From Operations | 214.37 M | ||||
| Earnings Per Share | 0.13 X | ||||
| Market Capitalization | 2.27 B | ||||
| Total Asset | 2.69 B | ||||
| Retained Earnings | (683.96 M) | ||||
| Working Capital | 120.87 M | ||||
About Magnite Performance
By evaluating Magnite's fundamental ratios, stakeholders can gain valuable insights into Magnite's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Magnite has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Magnite has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.10) | (0.10) | |
| Return On Capital Employed | (0.12) | (0.13) | |
| Return On Assets | (0.06) | (0.06) | |
| Return On Equity | (0.23) | (0.24) |
Things to note about Magnite performance evaluation
Checking the ongoing alerts about Magnite for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Magnite help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Magnite had very high historical volatility over the last 90 days | |
| Magnite has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 619.71 M. Net Loss for the year was (159.18 M) with profit before overhead, payroll, taxes, and interest of 269.9 M. | |
| Over 88.0% of the company shares are owned by institutional investors | |
| Latest headline from gurufocus.com: FedEx Corp Partners with Team Rubicon for Disaster Relief Efforts |
- Analyzing Magnite'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 Magnite's stock is overvalued or undervalued compared to its peers.
- Examining Magnite'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 Magnite's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Magnite's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Magnite's stock. These opinions can provide insight into Magnite's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Magnite Stock analysis
When running Magnite's price analysis, check to measure Magnite'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 Magnite is operating at the current time. Most of Magnite's value examination focuses on studying past and present price action to predict the probability of Magnite's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnite's price. Additionally, you may evaluate how the addition of Magnite to your portfolios can decrease your overall portfolio volatility.
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