Magellan Stock Price on October 1, 2022 Breakdown

MGLN
 Stock
  

USD 94.99  0.00  0.00%   

As of today, the current price of Magellan Health is  94.99 , as last reported on the 7th of December, with the highest price reaching  94.99  and the lowest price hitting  94.99  during the day.
Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Magellan Health, which you can use to evaluate the future volatility of the firm. Please verify Magellan Health Mean Deviation of 0.1054, risk adjusted performance of (0.036814), and Downside Deviation of 0.178 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Net Income Common Stock is expected to rise to about 474.4 M this year. Magellan Health Price to Book Value is quite stable at the moment as compared to the past year. The company's current Price to Book Value is estimated at 1.14. Price to Earnings Ratio is expected to rise to 6.46 this year, although the value of Price to Sales Ratio will most likely fall to 0.39.

Magellan Health Main Headline on 4th of January 2022

Filed transaction by Magellan Health Inc officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Magellan Health Valuation on October 1, 2022

It is possible to determine the worth of Magellan Health on a given historical date. On October 1, 2022 Magellan was worth 94.99 at the beginning of the trading date compared to the closed value of 94.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Magellan Health stock. Still, in general, we apply an absolute valuation method to find Magellan Health's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Magellan Health's related companies.
 Open High Low Close Volume
  95.00    95.36    94.97    94.99    891,500  
01/04/2022
  94.99    94.99    94.99    94.99    1.00  
  94.99    94.99    94.99    94.99    0.00  
Backtest Magellan Health  |  Magellan Health History  |  Magellan Health Valuation   PreviousNext  
Open Value 94.99
94.99
Closing Value
94.99
Upside

Magellan Health Trading Date Momentum on October 1, 2022

On December 07 2022 Magellan Health was traded for  94.99  at the closing time. The top price for the day was 94.99  and the lowest listed price was  94.99 . There was no trading activity during the period 0.0. Lack of trading volume on December 7, 2022 did not cause price change. The trading delta at closing time against the current closing price is 0.00% .

Magellan Health Fundamentals Correlations and Trends

By evaluating Magellan Health's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Magellan Health's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Magellan financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Magellan Health Stock history

Magellan Health investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Magellan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Magellan Health will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Magellan Health historical stock prices may prove useful in developing a viable investing in Magellan Health
Last ReportedProjected for 2022
Weighted Average Shares23 M23.1 M
Weighted Average Shares Diluted28 M27.8 M
Issuance Purchase of Equity Shares73.8 M79.6 M

Magellan Health Stock Technical Analysis

Magellan Health technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Magellan Health technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Magellan Health trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Magellan Health Period Price Range

Low
January 4, 2022
High

 94.99 

  

 94.99 

0.000.00%

Magellan Health December 7, 2022 Market Strength

Market strength indicators help investors to evaluate how Magellan Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magellan Health shares will generate the highest return on investment. By undertsting and applying Magellan Health stock market strength indicators, traders can identify Magellan Health entry and exit signals to maximize returns

Magellan Health Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Magellan stock's direction in advance. Along with the technical and fundamental analysis of Magellan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Magellan to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Additionally, see Correlation Analysis. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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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