Magnora ASA's market value is the price at which a share of Magnora ASA trades on a public exchange. It measures the collective expectations of Magnora ASA investors about its performance. Magnora ASA is selling for under 24.74 as of the 25th of June 2025; that is 25.86% up since the beginning of the trading day. The stock's lowest day price was 23.0. With this module, you can estimate the performance of a buy and hold strategy of Magnora ASA and determine expected loss or profit from investing in Magnora ASA over a given investment horizon. Check out Magnora ASA Correlation, Magnora ASA Volatility and Magnora ASA Alpha and Beta module to complement your research on Magnora ASA.
Please note, there is a significant difference between Magnora ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magnora ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnora ASA'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.
Magnora ASA '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 Magnora ASA'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 Magnora ASA.
0.00
03/27/2025
No Change 0.00
0.0
In 2 months and 31 days
06/25/2025
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If you would invest 0.00 in Magnora ASA on March 27, 2025 and sell it all today you would earn a total of 0.00 from holding Magnora ASA or generate 0.0% return on investment in Magnora ASA over 90 days. Magnora ASA is related to or competes with Norwegian Air, Delta Air, Gaztransport, Alaska Air, Molson Coors, and Wizz Air. More
Magnora ASA 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 Magnora ASA'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 Magnora ASA upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Magnora ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Magnora ASA's standard deviation. In reality, there are many statistical measures that can use Magnora ASA historical prices to predict the future Magnora ASA's volatility.
Currently, Magnora ASA is not too volatile. Magnora ASA has Sharpe Ratio of 0.0369, which conveys that the firm had a 0.0369 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Magnora ASA, which you can use to evaluate the volatility of the firm. Please verify Magnora ASA's Risk Adjusted Performance of 0.0639, downside deviation of 2.83, and Mean Deviation of 1.6 to check out if the risk estimate we provide is consistent with the expected return of 0.089%. Magnora ASA has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Magnora ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Magnora ASA is expected to be smaller as well. Magnora ASA right now secures a risk of 2.41%. Please verify Magnora ASA market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if Magnora ASA will be following its current price movements.
Auto-correlation
0.05
Virtually no predictability
Magnora ASA has virtually no predictability. Overlapping area represents the amount of predictability between Magnora ASA time series from 27th of March 2025 to 11th of May 2025 and 11th of May 2025 to 25th of June 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 Magnora ASA price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Magnora ASA price fluctuation can be explain by its past prices.
Correlation Coefficient
0.05
Spearman Rank Test
0.22
Residual Average
0.0
Price Variance
0.59
Magnora ASA lagged returns against current returns
Autocorrelation, which is Magnora ASA 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 Magnora ASA's stock expected returns. We can calculate the autocorrelation of Magnora ASA returns to help us make a trade decision. For example, suppose you find that Magnora ASA 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
Magnora ASA 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 Magnora ASA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Magnora ASA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Magnora ASA stock over time.
Current vs Lagged Prices
Timeline
Magnora ASA Lagged Returns
When evaluating Magnora ASA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Magnora ASA stock have on its future price. Magnora ASA 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, Magnora ASA autocorrelation shows the relationship between Magnora ASA stock current value and its past values and can show if there is a momentum factor associated with investing in Magnora ASA.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When running Magnora ASA's price analysis, check to measure Magnora ASA'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 Magnora ASA is operating at the current time. Most of Magnora ASA's value examination focuses on studying past and present price action to predict the probability of Magnora ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnora ASA's price. Additionally, you may evaluate how the addition of Magnora ASA to your portfolios can decrease your overall portfolio volatility.