Is MagnaChip Semiconductor Stock a Good Investment?
MagnaChip Semiconductor Investment Advice | MX |
- Examine MagnaChip Semiconductor's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research MagnaChip Semiconductor's leadership team and their track record. Good management can help MagnaChip Semiconductor navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Semiconductors & Semiconductor Equipment space and any emerging trends that could impact MagnaChip Semiconductor's business and its evolving consumer preferences.
- Compare MagnaChip Semiconductor's performance and market position to its competitors. Analyze how MagnaChip Semiconductor is positioned in terms of product offerings, innovation, and market share.
- Check if MagnaChip Semiconductor pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about MagnaChip Semiconductor's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in MagnaChip Semiconductor stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if MagnaChip Semiconductor is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Excited | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine MagnaChip Semiconductor Stock
Researching MagnaChip Semiconductor's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 77.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.58. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. MagnaChip Semiconductor has Price/Earnings To Growth (PEG) ratio of 1.08. The entity recorded a loss per share of 0.89. The firm had not issued any dividends in recent years.
To determine if MagnaChip Semiconductor is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding MagnaChip Semiconductor's research are outlined below:
| MagnaChip Semiconductor generated a negative expected return over the last 90 days | |
| The company generated the yearly revenue of 226.6 M. Annual Net Loss to common stockholders was (36.62 M) with gross profit of 101.26 M. | |
| MagnaChip Semiconductor reports about 225.48 M in cash with (3.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.1, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| MagnaChip Semiconductor has a poor financial position based on the latest SEC disclosures | |
| Over 77.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Zacks Industry Outlook Highlights Magnachip Semiconductor and Analog Devices - Yahoo Finance |
MagnaChip Semiconductor uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in MagnaChip Semiconductor. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to MagnaChip Semiconductor's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact MagnaChip Semiconductor's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises MagnaChip Semiconductor's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2018-04-30 | 2018-03-31 | 0.06 | 0.04 | -0.02 | 33 | ||
2012-04-25 | 2012-03-31 | 0.14 | 0.16 | 0.02 | 14 | ||
2023-05-03 | 2023-03-31 | -0.27 | -0.24 | 0.03 | 11 | ||
2022-02-16 | 2021-12-31 | 0.28 | 0.31 | 0.03 | 10 | ||
2019-02-14 | 2018-12-31 | 0.07 | 0.1 | 0.03 | 42 | ||
2017-02-09 | 2016-12-31 | 0.07 | 0.04 | -0.03 | 42 | ||
2022-05-03 | 2022-03-31 | 0.24 | 0.28 | 0.04 | 16 | ||
2022-08-08 | 2022-06-30 | 0.18 | 0.23 | 0.05 | 27 |
MagnaChip Semiconductor Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. MagnaChip target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. MagnaChip Semiconductor's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 3 | Buy |
Most MagnaChip analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand MagnaChip stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of MagnaChip Semiconductor, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationMagnaChip Semiconductor Target Price Projection
MagnaChip Semiconductor's current and average target prices are 5.00 and 14.00, respectively. The current price of MagnaChip Semiconductor is the price at which MagnaChip Semiconductor is currently trading. On the other hand, MagnaChip Semiconductor's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
MagnaChip Semiconductor Market Quote on 28th of April 2024
Target Price
Analyst Consensus On MagnaChip Semiconductor Target Price
MagnaChip Semiconductor Analyst Ratings
MagnaChip Semiconductor's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about MagnaChip Semiconductor stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of MagnaChip Semiconductor's financials, market performance, and future outlook by experienced professionals. MagnaChip Semiconductor's historical ratings below, therefore, can serve as a valuable tool for investors.Know MagnaChip Semiconductor's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as MagnaChip Semiconductor is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MagnaChip Semiconductor backward and forwards among themselves. MagnaChip Semiconductor's institutional investor refers to the entity that pools money to purchase MagnaChip Semiconductor's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | S Squared Technology, Llc | 2023-12-31 | 689.7 K | Ameriprise Financial Inc | 2023-12-31 | 601.9 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 545.1 K | Boothbay Fund Management, Llc | 2023-12-31 | 537.8 K | Charles Schwab Investment Management Inc | 2023-12-31 | 536.3 K | Two Sigma Advisers, Llc | 2023-12-31 | 505.4 K | Marshall Wace Asset Management Ltd | 2023-12-31 | 498.3 K | Two Sigma Investments Llc | 2023-12-31 | 489.7 K | Millennium Management Llc | 2023-12-31 | 480.4 K | Oaktree Capital Management Llc | 2023-12-31 | 2.8 M | Alliancebernstein L.p. | 2023-12-31 | 2.3 M |
MagnaChip Semiconductor's market capitalization trends
The company currently falls under 'Small-Cap' category with a market capitalization of 191.3 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate MagnaChip Semiconductor's market, we take the total number of its shares issued and multiply it by MagnaChip Semiconductor's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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MagnaChip Semiconductor's profitablity analysis
MagnaChip Semiconductor's profitability indicators refer to fundamental financial ratios that showcase MagnaChip Semiconductor's ability to generate income relative to its revenue or operating costs. If, let's say, MagnaChip Semiconductor is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, MagnaChip Semiconductor's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of MagnaChip Semiconductor's profitability requires more research than a typical breakdown of MagnaChip Semiconductor's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.09) | (0.08) | |
| Return On Capital Employed | (0.14) | (0.13) | |
| Return On Assets | (0.09) | (0.08) | |
| Return On Equity | (0.11) | (0.10) |
Determining MagnaChip Semiconductor's profitability involves analyzing its financial statements and using various financial metrics to determine if MagnaChip Semiconductor is a good buy. For example, gross profit margin measures MagnaChip Semiconductor's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of MagnaChip Semiconductor's profitability and make more informed investment decisions.
The data published in MagnaChip Semiconductor's official financial statements usually reflect MagnaChip Semiconductor's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of MagnaChip Semiconductor. For example, before you start analyzing numbers published by MagnaChip accountants, it's critical to develop an understanding of what MagnaChip Semiconductor's liquidity, profitability, and earnings quality are in the context of the Semiconductors & Semiconductor Equipment space in which it operates.
Please note, the presentation of MagnaChip Semiconductor's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MagnaChip Semiconductor's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in MagnaChip Semiconductor's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of MagnaChip Semiconductor. Please utilize our Beneish M Score to check the likelihood of MagnaChip Semiconductor's management manipulating its earnings.
Evaluate MagnaChip Semiconductor's management efficiency
MagnaChip Semiconductor has Return on Asset (ROA) of (0.0646) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0646. This is way below average. Likewise, it shows a return on total equity (ROE) of (0.0948) %, which implies that it produced no returns to current stockholders. MagnaChip Semiconductor's management efficiency ratios could be used to measure how well MagnaChip Semiconductor manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to -0.08 in 2024. Return On Capital Employed is likely to rise to -0.13 in 2024. At this time, MagnaChip Semiconductor's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 246.4 M in 2024, whereas Other Current Assets are likely to drop slightly above 8.7 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 8.40 | 8.82 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 8.36 | 8.78 | |
| Enterprise Value Over EBITDA | (4.41) | (4.19) | |
| Price Book Value Ratio | 0.89 | 0.94 | |
| Enterprise Value Multiple | (4.41) | (4.19) | |
| Price Fair Value | 0.89 | 0.94 | |
| Enterprise Value | 154.9 M | 147.2 M |
The analysis of MagnaChip Semiconductor's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze MagnaChip Semiconductor's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of MagnaChip Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 0.75 |
Basic technical analysis of MagnaChip Stock
As of the 28th of April, MagnaChip Semiconductor secures the Mean Deviation of 1.81, standard deviation of 2.67, and Risk Adjusted Performance of (0.1). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of MagnaChip Semiconductor, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We have analyzed and interpolated thirteen technical drivers for MagnaChip Semiconductor, which can be compared to its peers in the industry. Please verify MagnaChip Semiconductor coefficient of variation and value at risk to decide if MagnaChip Semiconductor is priced some-what accurately, providing market reflects its recent price of 5.0 per share. Given that MagnaChip Semiconductor has information ratio of (0.20), we recommend you to check MagnaChip Semiconductor's last-minute market performance to make sure the company can sustain itself at a future point.MagnaChip Semiconductor's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific MagnaChip Semiconductor insiders, such as employees or executives, is commonly permitted as long as it does not rely on MagnaChip Semiconductor's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases MagnaChip Semiconductor insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Melvin Keating over two weeks ago Acquisition by Melvin Keating of 13694 shares of MagnaChip Semiconductor subject to Rule 16b-3 | ||
Shin Park over a month ago Acquisition by Shin Park of 9000 shares of MagnaChip Semiconductor at 5.56 subject to Rule 16b-3 | ||
Nathan Gilbert E over three months ago Acquisition by Nathan Gilbert E of 3222 shares of MagnaChip Semiconductor subject to Rule 16b-3 | ||
Shin Park over six months ago Payment of 1391 shares by Shin Park of MagnaChip Semiconductor subject to Rule 16b-3 | ||
Nathan Gilbert E over six months ago MagnaChip Semiconductor exotic insider transaction detected | ||
Chan Park over a year ago Acquisition by Chan Park of 12500 shares of MagnaChip Semiconductor subject to Rule 16b-3 | ||
Shin Park over a year ago Acquisition by Shin Park of 37523 shares of MagnaChip Semiconductor subject to Rule 16b-3 |
Understand MagnaChip Semiconductor's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing MagnaChip Semiconductor's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.1) | |||
| Market Risk Adjusted Performance | (0.50) | |||
| Mean Deviation | 1.81 | |||
| Coefficient Of Variation | (591.76) | |||
| Standard Deviation | 2.67 | |||
| Variance | 7.16 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | (0.51) | |||
| Maximum Drawdown | 18.08 | |||
| Value At Risk | (3.61) | |||
| Potential Upside | 3.29 | |||
| Skewness | (2.26) | |||
| Kurtosis | 11.79 |
| Risk Adjusted Performance | (0.1) | |||
| Market Risk Adjusted Performance | (0.50) | |||
| Mean Deviation | 1.81 | |||
| Coefficient Of Variation | (591.76) | |||
| Standard Deviation | 2.67 | |||
| Variance | 7.16 | |||
| Information Ratio | (0.20) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | (0.51) | |||
| Maximum Drawdown | 18.08 | |||
| Value At Risk | (3.61) | |||
| Potential Upside | 3.29 | |||
| Skewness | (2.26) | |||
| Kurtosis | 11.79 |
Consider MagnaChip Semiconductor's intraday indicators
MagnaChip Semiconductor intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of MagnaChip Semiconductor stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
MagnaChip Semiconductor Corporate Filings
8K | 29th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 13th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 8th of March 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
13A | 14th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
MagnaChip Stock media impact
Far too much social signal, news, headlines, and media speculation about MagnaChip Semiconductor that are available to investors today. That information is available publicly through MagnaChip media outlets and privately through word of mouth or via MagnaChip internal channels. However, regardless of the origin, that massive amount of MagnaChip data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of MagnaChip Semiconductor news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of MagnaChip Semiconductor relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to MagnaChip Semiconductor's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive MagnaChip Semiconductor alpha.
MagnaChip Semiconductor Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards MagnaChip Semiconductor can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Be your own money manager
Our tools can tell you how much better you can do entering a position in MagnaChip Semiconductor without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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MagnaChip Semiconductor Corporate Directors
MagnaChip Semiconductor corporate directors refer to members of a MagnaChip Semiconductor board of directors. The board of directors generally takes responsibility for the MagnaChip Semiconductor's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of MagnaChip Semiconductor's board members must vote for the resolution. The MagnaChip Semiconductor board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Tavakoli Nader | Independent Director | Profile | |
| Randal Klein | Director | Profile | |
| Melvin Keating | Independent Director | Profile | |
| Ilbok Lee | Independent Director | Profile |
How to buy MagnaChip Stock?
To provide specific investment advice or recommendations on MagnaChip Semiconductor stock, we recommend investors consider the following general factors when evaluating MagnaChip Semiconductor. This will help you to make an informed decision on whether to include MagnaChip Semiconductor in one of your diversified portfolios:- Examine MagnaChip Semiconductor's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research MagnaChip Semiconductor's leadership team and their track record. Good management can help MagnaChip Semiconductor navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Semiconductors & Semiconductor Equipment space and any emerging trends that could impact MagnaChip Semiconductor's business and its evolving consumer preferences.
- Compare MagnaChip Semiconductor's performance and market position to its competitors. Analyze how MagnaChip Semiconductor is positioned in terms of product offerings, innovation, and market share.
- Check if MagnaChip Semiconductor pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about MagnaChip Semiconductor's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in MagnaChip Semiconductor stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if MagnaChip Semiconductor is a good investment.
Already Invested in MagnaChip Semiconductor?
The danger of trading MagnaChip Semiconductor is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of MagnaChip Semiconductor is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than MagnaChip Semiconductor. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile MagnaChip Semiconductor is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether MagnaChip Semiconductor offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MagnaChip Semiconductor'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 Magnachip Semiconductor Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Magnachip Semiconductor Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MagnaChip Semiconductor. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy MagnaChip Stock please use our How to Invest in MagnaChip Semiconductor guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for MagnaChip Stock analysis
When running MagnaChip Semiconductor's price analysis, check to measure MagnaChip Semiconductor'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 MagnaChip Semiconductor is operating at the current time. Most of MagnaChip Semiconductor's value examination focuses on studying past and present price action to predict the probability of MagnaChip Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MagnaChip Semiconductor's price. Additionally, you may evaluate how the addition of MagnaChip Semiconductor to your portfolios can decrease your overall portfolio volatility.
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Is MagnaChip Semiconductor'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 MagnaChip Semiconductor. If investors know MagnaChip 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 MagnaChip Semiconductor 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 (0.95) | Earnings Share (0.89) | Revenue Per Share 5.609 | Quarterly Revenue Growth (0.17) | Return On Assets (0.06) |
The market value of MagnaChip Semiconductor is measured differently than its book value, which is the value of MagnaChip that is recorded on the company's balance sheet. Investors also form their own opinion of MagnaChip Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is MagnaChip Semiconductor'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 MagnaChip Semiconductor's market value can be influenced by many factors that don't directly affect MagnaChip Semiconductor's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between MagnaChip Semiconductor's value and its price, as these two are different measures arrived at by various means. Investors typically determine if MagnaChip Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MagnaChip Semiconductor'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.