Performance of MGNI Magnite | 2.3% in 12m
Compare MGNI with Indices, Sectors and Commodities ✔ like Oil, Gas, Gold, Yields and Bonds. Who outperforms?
Compare Magnite with its related Sector/Index XLY
Performance Duell MGNI vs XLY
| TimeFrame | MGNI | XLY |
|---|---|---|
| 1 Day | 2.94% | 0.96% |
| 1 Week | 6.06% | 1.08% |
| 1 Month | -12.1% | -4.35% |
| 3 Months | -1.52% | 0.88% |
| 6 Months | 27.6% | 13.94% |
| 12 Months | 2.25% | 19.13% |
| YTD | -1.09% | -1.46% |
| Rel. Perf. 1m | -1.10 | |
| Rel. Perf. 3m | 0.58 | |
| Rel. Perf. 6m | 1.03 | |
| Rel. Perf. 12m | -1.81 |
Is Magnite a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Magnite is currently (April 2024)
neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -4.60 and therefor a neutral outlook according to fundamental data.
Based on ValueRays Technical Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MGNI as of April 2024 is 8.14. This means that MGNI is currently overvalued and has a potential downside of -10.55%.
Based on ValueRays Technical Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MGNI as of April 2024 is 8.14. This means that MGNI is currently overvalued and has a potential downside of -10.55%.
Is MGNI a buy, sell or hold?
- Strong Buy: 5
- Buy: 2
- Hold: 1
- Sell: 0
- Strong Sell: 0
Values above 0%: MGNI is performing better - Values below 0%: MGNI is underperforming
Compare MGNI with Broad Market Indices
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| US S&P 500 | SPY | 5.09% | -9.32% | 7.47% | -22.01% |
| US NASDAQ 100 | QQQ | 5.90% | -7.98% | 8.41% | -33.65% |
| US Dow Jones Industrial 30 | DIA | 4.10% | -9.97% | 10.55% | -13.44% |
| German DAX 40 | DBXD | 4.29% | -11.04% | 6.15% | -11.09% |
| UK FTSE 100 | ISFU | 3.88% | -12.19% | 14.59% | -3.01% |
| Shanghai Shenzhen CSI 300 | CSI 300 | 7.54% | -11.46% | 27.93% | 17.06% |
| Hongkong Hang Seng | HSI | 0.26% | -10.49% | 34.47% | 23.29% |
| Japan Nikkei 225 | EXX7 | 6.19% | -5.80% | 10.64% | -16.29% |
| India NIFTY 50 | INDA | 4.02% | -14.99% | 8.75% | -27.41% |
| Brasil Bovespa | EWZ | 3.34% | -8.17% | 21.48% | -15.14% |
MGNI Magnite vs. Sectors
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| Communication Services | XLC | 4.96% | -11.22% | 7.53% | -39.33% |
| Consumer Discretionary | XLY | 4.98% | -7.73% | 13.69% | -16.88% |
| Consumer Staples | XLP | 2.58% | -12.74% | 13.81% | 0.60% |
| Energy | XLE | 3.87% | -15.22% | 15.81% | -13.09% |
| Financial | XLF | 2.46% | -11.74% | -1.10% | -24.04% |
| Health Care | XLV | 4.31% | -9.06% | 16.39% | -3.77% |
| Industrial | XLI | 5.25% | -10.22% | 3.22% | -20.84% |
| Materials | XLB | 6.80% | -8.73% | 9.13% | -8.71% |
| Real Estate | XLRE | 3.51% | -7.32% | 14.24% | -0.09% |
| Technology | XLK | 6.47% | -7.05% | 7.34% | -33.46% |
| Utilities | XLU | 1.91% | -16.10% | 12.54% | 3.58% |
| Aerospace & Defense | XAR | 4.14% | -9.13% | 9.27% | -14.81% |
| Biotech | XBI | 6.90% | -2.66% | 2.49% | -1.12% |
| Homebuilder | XHB | 4.22% | -5.77% | -17.58% | -46.46% |
| Retail | XRT | 3.43% | -6.83% | 2.95% | -15.23% |
Does Magnite outperform its market, is MGNI a Sector Leader?
No, over the last 12 months Magnite (MGNI) made 2.25%, while its related Sector, the Consumer Discretionary Sector SPDR.. (XLY) made 19.13%.
Over the last 3 months MGNI made -1.52%, while XLY made 0.88%.
No, over the last 12 months Magnite (MGNI) made 2.25%, while its related Sector, the Consumer Discretionary Sector SPDR.. (XLY) made 19.13%.
Over the last 3 months MGNI made -1.52%, while XLY made 0.88%.
| Period | MGNI | XLY | S&P 500 |
|---|---|---|---|
| 1 Month | -12.08% | -4.35% | -2.76% |
| 3 Months | -1.52% | 0.88% | 4.45% |
| 12 Months | 2.25% | 19.13% | 24.26% |