Magic Empire Global Stock Alpha and Beta Analysis
| MEGL Stock | USD 0.49 0.01 2.08% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Magic Empire Global. It also helps investors analyze the systematic and unsystematic risks associated with investing in Magic Empire over a specified time horizon. Remember, high Magic Empire's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Magic Empire's market risk premium analysis include:
Beta 0.79 | Alpha 0.27 | Risk 5.77 | Sharpe Ratio 0.0504 | Expected Return 0.29 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Magic Empire Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Magic Empire market risk premium is the additional return an investor will receive from holding Magic Empire 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 Magic Empire. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Magic Empire's performance over market.| α | 0.27 | β | 0.79 |
Magic Empire expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Magic Empire's Buy-and-hold return. Our buy-and-hold chart shows how Magic Empire performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Magic Empire Market Price Analysis
Market price analysis indicators help investors to evaluate how Magic Empire stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magic Empire shares will generate the highest return on investment. By understating and applying Magic Empire stock market price indicators, traders can identify Magic Empire position entry and exit signals to maximize returns.
Magic Empire Return and Market Media
The median price of Magic Empire for the period between Sat, Sep 21, 2024 and Fri, Dec 20, 2024 is 0.5 with a coefficient of variation of 8.46. The daily time series for the period is distributed with a sample standard deviation of 0.04, arithmetic mean of 0.51, and mean deviation of 0.03. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | MEGL Stock Surges as Earnings Report Reflects Positive Momentum | 11/07/2024 |
2 | Magic Empire Global Ltd. Restructures Share Classes and Leadership - TipRanks | 12/03/2024 |
About Magic Empire Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Magic or other stocks. Alpha measures the amount that position in Magic Empire Global has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.0238 | 0.008476 | 0.006622 | Price To Sales Ratio | 675.64 | 13.53 | 12.86 |
Magic Empire Upcoming Company Events
As portrayed in its financial statements, the presentation of Magic Empire's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Magic Empire's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Magic Empire's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Magic Empire. Please utilize our Beneish M Score to check the likelihood of Magic Empire's management manipulating its earnings.
| 1st of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
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Check out Magic Empire Backtesting, Magic Empire Valuation, Magic Empire Correlation, Magic Empire Hype Analysis, Magic Empire Volatility, Magic Empire History and analyze Magic Empire Performance. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Magic Empire 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.