Meeka Metals (Australia) Price on January 3, 2025
| MEK Stock | 0.11 0.00 0.00% |
Below is the normalized historical share price chart for Meeka Metals Limited extending back to December 21, 1999. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Meeka Metals stands at 0.11, as last reported on the 30th of January, with the highest price reaching 0.11 and the lowest price hitting 0.10 during the day.
If you're considering investing in Meeka Stock, it is important to understand the factors that can impact its price. Meeka Metals appears to be out of control, given 3 months investment horizon. Meeka Metals Limited has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1 % return per unit of risk over the last 3 months. By analyzing Meeka Metals' technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please exercise Meeka Metals' Mean Deviation of 3.36, downside deviation of 6.01, and Risk Adjusted Performance of 0.1017 to check out if our risk estimates are consistent with your expectations.
At this time, Meeka Metals' Common Stock Shares Outstanding is comparatively stable compared to the past year. Total Stockholder Equity is likely to gain to about 33.7 M in 2025, whereas Capital Stock is likely to drop slightly above 57 M in 2025. . Meeka Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0576 | 50 Day MA 0.0848 | Beta 0.712 |
Meeka |
Sharpe Ratio = 0.1036
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MEK | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.88 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Meeka Metals is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Meeka Metals by adding it to a well-diversified portfolio.
Price Book 9.7979 | Book Value 0.023 | Enterprise Value 272.8 M | Enterprise Value Ebitda (12.56) | Price Sales 5.4 K |
Meeka Metals Valuation on January 3, 2025
It is possible to determine the worth of Meeka Metals on a given historical date. On January 3, 2025 Meeka was worth 0.086 at the beginning of the trading date compared to the closed value of 0.085. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meeka Metals stock. Still, in general, we apply an absolute valuation method to find Meeka Metals' 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 Meeka Metals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meeka Metals' related companies.
| Open | High | Low | Close | Volume | |
| 0.08 | 0.09 | 0.08 | 0.08 | 24,276,319 | |
01/03/2025 | 0.09 | 0.09 | 0.08 | 0.09 | 9,364,063 |
| 0.09 | 0.09 | 0.08 | 0.09 | 22,300,747 |
| Backtest Meeka Metals | | | Meeka Metals History | | | Meeka Metals Valuation | Previous | Next |
Meeka Metals Trading Date Momentum on January 3, 2025
| On January 06 2025 Meeka Metals Limited was traded for 0.09 at the closing time. The maximum traded price for the trading interval was 0.09 and the lowest daily price was 0.08 . The daily volume was recorded at 22.3 M. The volume of trading on 6th of January 2025 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.18% . The trading delta at closing time to the closing price today is 29.41% . |
Meeka Metals Limited Fundamentals Correlations and Trends
By evaluating Meeka Metals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Meeka Metals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Meeka financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Meeka Metals Stock history
Meeka Metals 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 Meeka is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meeka Metals Limited 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 Meeka Metals stock prices may prove useful in developing a viable investing in Meeka Metals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.4 B | 1.4 B | |
| Net Loss | -894.7 K | -939.5 K |
Meeka Metals Stock Technical Analysis
Meeka Metals 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.
Price Boundaries
Meeka Metals Period Price Range
Low | January 30, 2025
| High |
0.00 | 0.00 |
Meeka Metals Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Meeka Metals January 30, 2025 Market Strength
Market strength indicators help investors to evaluate how Meeka Metals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meeka Metals shares will generate the highest return on investment. By undertsting and applying Meeka Metals stock market strength indicators, traders can identify Meeka Metals Limited entry and exit signals to maximize returns
Meeka Metals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Meeka Metals' price direction in advance. Along with the technical and fundamental analysis of Meeka Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Meeka 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 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.
| Risk Adjusted Performance | 0.1017 | |||
| Jensen Alpha | 0.5453 | |||
| Total Risk Alpha | 0.0987 | |||
| Sortino Ratio | 0.0773 | |||
| Treynor Ratio | (7.34) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Meeka Stock Analysis
When running Meeka Metals' price analysis, check to measure Meeka Metals' 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 Meeka Metals is operating at the current time. Most of Meeka Metals' value examination focuses on studying past and present price action to predict the probability of Meeka Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meeka Metals' price. Additionally, you may evaluate how the addition of Meeka Metals to your portfolios can decrease your overall portfolio volatility.