Algo version: 0.98b
MAGX is listed at the NASDAQ Exchange
MAGX [MAGX]
NASDAQ Sector: Financial Services Industry:Asset Management - Leveraged

Is MAGX stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

We cannot find any recorded dividends paid in our systems.

Sorry, we do not have any analyst data for this ticker

We cannot find data for Roundhill Daily 2X Long 10 years ago, but if you had invested on Thursday 29th of February 2024 when the price was $25.73, you would have made a profit of $3.17 per share or 12.32%

Yes, the average daily trading liquidity for Roundhill Daily 2X Long is $1.48 million. You should therefore be able to get in and out of your positions relatively fast.

Roundhill Daily 2X Long has N/A of the business financed by loans. This puts the company at N/A risk in periods of high inflation where borrowing costs usually go up. With a N/A cash flow to debt ratio of 0, the company's ability to pay off the debt is N/A. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.

We have calculated the inflation risk for Roundhill Daily 2X Long to be low [0 out of 1]