Mag Silver Corp Stock Buy Hold or Sell Recommendation
| MAG Stock | USD 12.96 0.01 0.08% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding MAG Silver Corp is 'Hold'. Macroaxis provides MAG Silver buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MAG positions. The advice algorithm takes into account all of MAG Silver's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting MAG Silver's buy or sell advice are summarized below:
Real Value 15.23 | Target Price 18.7 | Hype Value 12.9 | Market Value 12.96 | Naive Value 12.52 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell MAG Silver Corp given historical horizon and risk tolerance towards MAG Silver. When Macroaxis issues a 'buy' or 'sell' recommendation for MAG Silver Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
MAG |
Execute MAG Silver Buy or Sell Advice
The MAG recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on MAG Silver Corp. Macroaxis does not own or have any residual interests in MAG Silver Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute MAG Silver's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Good | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
MAG Silver Trading Alerts and Improvement Suggestions
| MAG Silver Corp appears to be risky and price may revert if volatility continues | |
| MAG Silver Corp has about 29.95 M in cash with (1.33 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.45. | |
| MAG Silver Corp has a poor financial position based on the latest SEC disclosures | |
| Roughly 57.0% of the company shares are owned by institutional investors | |
| Latest headline from seekingalpha.com: MAG Silver raised to Buy at Canaccord after strong Q1 production |
MAG Silver Returns Distribution Density
The distribution of MAG Silver's historical returns is an attempt to chart the uncertainty of MAG Silver's future price movements. The chart of the probability distribution of MAG Silver daily returns describes the distribution of returns around its average expected value. We use MAG Silver Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of MAG Silver returns is essential to provide solid investment advice for MAG Silver.
| Mean Return | 0.55 | Value At Risk | -3.68 | Potential Upside | 6.72 | Standard Deviation | 3.11 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of MAG Silver historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
MAG Silver Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (57.8M) | 21.6M | (37.3M) | (26.8M) | 38.4M | 40.3M | |
| Free Cash Flow | (3.6M) | (6.3M) | (6.7M) | (8.8M) | (16.8M) | (16.0M) | |
| Other Non Cash Items | (1.6M) | (3.0M) | (15.9M) | (30.5M) | (59.3M) | (56.4M) | |
| Capital Expenditures | 354K | 74K | 5K | 35K | 15.5M | 16.3M | |
| Net Income | (4.4M) | (7.1M) | 6.0M | 17.6M | 49.6M | 52.0M | |
| End Period Cash Flow | 72.4M | 94.0M | 56.7M | 30.0M | 68.4M | 54.2M | |
| Depreciation | 106K | 121K | 146K | 136K | 358.5K | 376.4K | |
| Investments | (57.1M) | (60.4M) | (74.9M) | (18.9M) | (30.5M) | (29.0M) | |
| Change To Netincome | 799K | 1.1M | (13.3M) | (37.4M) | (33.7M) | (32.0M) |
MAG Silver Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to MAG Silver or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that MAG Silver's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a MAG stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.54 | |
β | Beta against NYSE Composite | 0.02 | |
σ | Overall volatility | 3.16 | |
Ir | Information ratio | 0.15 |
MAG Silver Volatility Alert
MAG Silver Corp currently demonstrates below-average downside deviation. It has Information Ratio of 0.15 and Jensen Alpha of 0.54. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure MAG Silver's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact MAG Silver's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.MAG Silver Fundamentals Vs Peers
Comparing MAG Silver's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze MAG Silver's direct or indirect competition across all of the common fundamentals between MAG Silver and the related equities. This way, we can detect undervalued stocks with similar characteristics as MAG Silver or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of MAG Silver's fundamental indicators could also be used in its relative valuation, which is a method of valuing MAG Silver by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare MAG Silver to competition |
| Fundamentals | MAG Silver | Peer Average |
| Return On Equity | 0.11 | -0.31 |
| Return On Asset | -0.0193 | -0.14 |
| Current Valuation | 1.27 B | 16.62 B |
| Shares Outstanding | 102.98 M | 571.82 M |
| Shares Owned By Insiders | 0.90 % | 10.09 % |
| Shares Owned By Institutions | 56.87 % | 39.21 % |
| Number Of Shares Shorted | 3.5 M | 4.71 M |
| Price To Earning | 82.62 X | 28.72 X |
| Price To Book | 2.43 X | 9.51 X |
| EBITDA | (14.23 M) | 3.9 B |
| Net Income | 49.55 M | 570.98 M |
| Cash And Equivalents | 29.95 M | 2.7 B |
| Cash Per Share | 0.45 X | 5.01 X |
| Total Debt | 153.21 K | 5.32 B |
| Current Ratio | 30.10 X | 2.16 X |
| Book Value Per Share | 4.92 X | 1.93 K |
| Cash Flow From Operations | (1.33 M) | 971.22 M |
| Short Ratio | 2.51 X | 4.00 X |
| Earnings Per Share | 0.47 X | 3.12 X |
| Target Price | 17.04 | |
| Beta | 1.08 | -0.15 |
| Market Capitalization | 1.34 B | 19.03 B |
| Total Asset | 521.08 M | 29.47 B |
| Retained Earnings | (128.49 M) | 9.33 B |
| Working Capital | 67.26 M | 1.48 B |
| Current Asset | 76.18 M | 9.34 B |
| Current Liabilities | 6.12 M | 7.9 B |
| Net Asset | 521.08 M |
MAG Silver Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as MAG . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About MAG Silver Buy or Sell Advice
When is the right time to buy or sell MAG Silver Corp? Buying financial instruments such as MAG Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Current Liabilities | 1.6M | 2.7M | 4.8M | 5.0M | Total Assets | 372.4M | 407.8M | 521.1M | 547.1M |
Use Investing Ideas to Build Portfolios
In addition to having MAG Silver in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Alternative Energy Thematic Idea Now
Alternative Energy
Large and mid-size companies, ETFs and funds that are either investing or directly involved in providing energy derived from sources not connected to fossil fuels, do not consume natural resources, and do not harm the environment. This includes wind power, nuclear and solar energy, biofuel, ethanol, hydrogen and others alternative sources of energy. The Alternative Energy theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Alternative Energy Theme or any other thematic opportunities.
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Check out MAG Silver Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the MAG Silver Corp information on this page should be used as a complementary analysis to other MAG Silver's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for MAG Stock analysis
When running MAG Silver's price analysis, check to measure MAG Silver'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 MAG Silver is operating at the current time. Most of MAG Silver's value examination focuses on studying past and present price action to predict the probability of MAG Silver's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAG Silver's price. Additionally, you may evaluate how the addition of MAG Silver to your portfolios can decrease your overall portfolio volatility.
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Is MAG Silver's industry 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 MAG Silver. If investors know MAG 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 MAG Silver 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 0.076 | Earnings Share 0.47 | Return On Assets (0.02) | Return On Equity 0.1071 |
The market value of MAG Silver Corp is measured differently than its book value, which is the value of MAG that is recorded on the company's balance sheet. Investors also form their own opinion of MAG Silver's value that differs from its market value or its book value, called intrinsic value, which is MAG Silver'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 MAG Silver's market value can be influenced by many factors that don't directly affect MAG Silver'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 MAG Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if MAG Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MAG Silver'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.