Magellan Return on Investment Trend from 2010 to 2022

MGLN
 Stock
  

USD 94.99  0.00  0.00%   

Magellan Health Return on Investment yearly trend continues to be quite stable with very little volatility. The value of Return on Investment is projected to decrease to -0.71. From the period between 2010 and 2022, Magellan Health, Return on Investment regression line of its data series had sample variance of 68.59 and sample variance of  68.59. Magellan Health Net Income Common Stock is quite stable at the moment as compared to the past year. The company's current value of Net Income Common Stock is estimated at 474.4 Million. Weighted Average Shares is expected to rise to about 23.1 M this year, although the value of Direct Expenses will most likely fall to about 4 B.
  
Check Magellan Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magellan main balance sheet or income statement drivers, such as Direct Expenses of 4 B, Consolidated Income of 474.4 M or Cost of Revenue of 5 B, as well as many exotic indicators such as Interest Coverage of 6.81, Long Term Debt to Equity of 0.29 or Calculated Tax Rate of 29.48. Magellan financial statements analysis is a perfect complement when working with Magellan Health Valuation or Volatility modules. It can also supplement Magellan Health's financial leverage analysis and stock options assessment as well as various Magellan Health Technical models . Additionally, see Stocks Correlation.

Magellan Return on Investment Breakdown

Showing smoothed Return on Investment of Magellan Health with missing and latest data points interpolated. Magellan Health's Return on Investment historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Magellan Health's overall financial position and show how it may be relating to other accounts over time.
Return on Investment10 Years Trend
Decreasing
Slightly volatile
   Return on Investment   
Share
       Timeline  

Magellan Return on Investment Regression Statistics

Arithmetic Mean 9.03
Coefficient Of Variation 91.73
Mean Deviation 6.73
Median 8.07
Standard Deviation 8.28
Sample Variance 68.59
Range 22.95
R-Value(0.95)
Mean Square Error 6.67
R-Squared 0.91
Significance 0.00000041
Slope(2.03)
Total Sum of Squares 823.09

Magellan Return on Investment History

2012 20.3
2013 15.11
2014 9.58
2015 5.54
2016 10.05
2017 8.07
2018 3.1
2019 4.75
2020 -0.6
2021 -0.69
2022 -0.71

About Magellan Health Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Magellan Health income statement, its balance sheet, and the statement of cash flows. Magellan Health investors use historical funamental indicators, such as Magellan Health's Return on Investment, to determine how well the company is positioned to perform in the future. Although Magellan Health investors may use each financial statement separately, they are all related. The changes in Magellan Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Magellan Health's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Magellan Health Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Magellan Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Investment(0.69) (0.71) 
Magellan Health, Inc., together with its subsidiaries, provides healthcare management services in the United States. As of January 4, 2022, Magellan Health, Inc. operates as a subsidiary of Centene Corporation. Magellan Health operates under Healthcare Plans classification in the United States and is traded on NASDAQ Exchange. It employs 9000 people.

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Additionally, see Stocks Correlation. Note that the Magellan Health information on this page should be used as a complementary analysis to other Magellan Health'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Other Tools for Magellan Stock

When running Magellan Health price analysis, check to measure Magellan Health'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 Magellan Health is operating at the current time. Most of Magellan Health's value examination focuses on studying past and present price action to predict the probability of Magellan Health's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Magellan Health's price. Additionally, you may evaluate how the addition of Magellan Health to your portfolios can decrease your overall portfolio volatility.
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