Magyar Bancorp Stock Market Value
| MGYR Stock | USD 16.72 0.14 0.84% |
| Symbol | Magyar |
Magyar Bancorp Price To Book Ratio
Is Regional Banks space 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 Magyar Bancorp. If investors know Magyar 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 Magyar Bancorp 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 0.444 | Dividend Share 0.21 | Earnings Share 1.43 | Revenue Per Share | Quarterly Revenue Growth 0.218 |
The market value of Magyar Bancorp is measured differently than its book value, which is the value of Magyar that is recorded on the company's balance sheet. Investors also form their own opinion of Magyar Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Magyar Bancorp'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 Magyar Bancorp's market value can be influenced by many factors that don't directly affect Magyar Bancorp'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 Magyar Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magyar Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magyar Bancorp'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.
Magyar Bancorp '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 Magyar Bancorp'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 Magyar Bancorp.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Magyar Bancorp on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Magyar Bancorp or generate 0.0% return on investment in Magyar Bancorp over 90 days. Magyar Bancorp is related to or competes with Home Federal, Lake Shore, Community West, Plumas Bancorp, First Community, and Middlefield Banc. Magyar Bancorp, Inc. operates as the holding company for Magyar Bank that provides various consumer and commercial banki... More
Magyar Bancorp 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 Magyar Bancorp'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 Magyar Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.3 | |||
| Information Ratio | 0.1434 | |||
| Maximum Drawdown | 4.89 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 2.26 |
Magyar Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Magyar Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Magyar Bancorp's standard deviation. In reality, there are many statistical measures that can use Magyar Bancorp historical prices to predict the future Magyar Bancorp's volatility.| Risk Adjusted Performance | 0.2438 | |||
| Jensen Alpha | 0.315 | |||
| Total Risk Alpha | 0.1349 | |||
| Sortino Ratio | 0.1349 | |||
| Treynor Ratio | (4.63) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Magyar Bancorp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Magyar Bancorp Backtested Returns
Magyar Bancorp appears to be very steady, given 3 months investment horizon. Magyar Bancorp has Sharpe Ratio of 0.29, which conveys that the firm had a 0.29 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Magyar Bancorp, which you can use to evaluate the volatility of the firm. Please exercise Magyar Bancorp's Mean Deviation of 0.9664, risk adjusted performance of 0.2438, and Downside Deviation of 1.3 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Magyar Bancorp holds a performance score of 22. The company secures a Beta (Market Risk) of -0.0662, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Magyar Bancorp are expected to decrease at a much lower rate. During the bear market, Magyar Bancorp is likely to outperform the market. Please check Magyar Bancorp's semi variance, and the relationship between the sortino ratio and rate of daily change , to make a quick decision on whether Magyar Bancorp's current price movements will revert.
Auto-correlation | 0.81 |
Very good predictability
Magyar Bancorp has very good predictability. Overlapping area represents the amount of predictability between Magyar Bancorp time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 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 Magyar Bancorp price movement. The serial correlation of 0.81 indicates that around 81.0% of current Magyar Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Magyar Bancorp lagged returns against current returns
Autocorrelation, which is Magyar Bancorp 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 Magyar Bancorp's stock expected returns. We can calculate the autocorrelation of Magyar Bancorp returns to help us make a trade decision. For example, suppose you find that Magyar Bancorp 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 |
Magyar Bancorp 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 Magyar Bancorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Magyar Bancorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Magyar Bancorp stock over time.
Current vs Lagged Prices |
| Timeline |
Magyar Bancorp Lagged Returns
When evaluating Magyar Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Magyar Bancorp stock have on its future price. Magyar Bancorp 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, Magyar Bancorp autocorrelation shows the relationship between Magyar Bancorp stock current value and its past values and can show if there is a momentum factor associated with investing in Magyar Bancorp.
Regressed Prices |
| Timeline |
Pair Trading with Magyar Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Magyar Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Magyar Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Magyar Stock
| 0.88 | AX | Axos Financial | PairCorr |
| 0.63 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
| 0.92 | DB | Deutsche Bank AG Earnings Call This Week | PairCorr |
| 0.97 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.67 | NU | Nu Holdings Aggressive Push | PairCorr |
Moving against Magyar Stock
The ability to find closely correlated positions to Magyar Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Magyar Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Magyar Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Magyar Bancorp to buy it.
The correlation of Magyar Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Magyar Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Magyar Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Magyar Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Magyar Stock Analysis
When running Magyar Bancorp's price analysis, check to measure Magyar Bancorp'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 Magyar Bancorp is operating at the current time. Most of Magyar Bancorp's value examination focuses on studying past and present price action to predict the probability of Magyar Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magyar Bancorp's price. Additionally, you may evaluate how the addition of Magyar Bancorp to your portfolios can decrease your overall portfolio volatility.