MGNR 📈 American Beacon Select Funds - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • • Natural Resources
MGNR: Energy, Mining, Agriculture, Timber, Metals, Drilling
Under normal circumstances, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of companies primarily engaged in natural resources and natural resources-related businesses.
Additional Sources for MGNR ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
MGNR ETF Overview
| Market Cap in USD | 87m |
| Category | Natural Resources |
| TER | 0.75% |
| IPO / Inception | 2024-02-05 |
MGNR ETF Ratings
| Growth 5y | 68.2% |
| Fundamental | - |
| Dividend | 8.91% |
| Rel. Strength Industry | 5.37 |
| Analysts | - |
| Fair Price Momentum | 27.74 USD |
| Fair Price DCF | - |
MGNR Dividends
| Dividend Yield 12m | 0.66% |
| Yield on Cost 5y | 0.81% |
| Annual Growth 5y | -3.64% |
| Payout Consistency | 100.0% |
MGNR Growth Ratios
| Growth Correlation 3m | 41.1% |
| Growth Correlation 12m | 63.2% |
| Growth Correlation 5y | 63.2% |
| CAGR 5y | 21.92% |
| CAGR/Mean DD 5y | 4.88 |
| Sharpe Ratio 12m | 0.85 |
| Alpha | -10.44 |
| Beta | 1.30 |
| Volatility | 30.41% |
| Current Volume | 118.7k |
| Average Volume 20d | 41.7k |
What is the price of MGNR stocks?
As of December 22, 2024, the stock is trading at USD 29.54 with a total of 118,700 shares traded.
Over the past week, the price has changed by -4.48%, over one month by -7.94%, over three months by -1.11% and over the past year by +21.92%.
As of December 22, 2024, the stock is trading at USD 29.54 with a total of 118,700 shares traded.
Over the past week, the price has changed by -4.48%, over one month by -7.94%, over three months by -1.11% and over the past year by +21.92%.
Is American Beacon Select Funds a good stock to buy?
Yes. Based on ValueRay Analyses, American Beacon Select Funds (NYSE ARCA:MGNR) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 68.16 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MGNR as of December 2024 is 27.74. This means that MGNR is currently overvalued and has a potential downside of -6.09%.
Yes. Based on ValueRay Analyses, American Beacon Select Funds (NYSE ARCA:MGNR) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 68.16 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MGNR as of December 2024 is 27.74. This means that MGNR is currently overvalued and has a potential downside of -6.09%.
Is MGNR a buy, sell or hold?
American Beacon Select Funds has no consensus analysts rating.
American Beacon Select Funds has no consensus analysts rating.
What are the forecast for MGNR stock price target?
According to ValueRays Forecast Model, MGNR American Beacon Select Funds will be worth about 31.1 in December 2025. The stock is currently trading at 29.54. This means that the stock has a potential upside of +5.38%.
According to ValueRays Forecast Model, MGNR American Beacon Select Funds will be worth about 31.1 in December 2025. The stock is currently trading at 29.54. This means that the stock has a potential upside of +5.38%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 31.1 | 5.4% |