Meta Platforms Stock Price on October 30, 2024

META Stock  USD 569.20  4.34  0.76%   
Below is the normalized historical share price chart for Meta Platforms extending back to May 18, 2012. 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 Meta Platforms stands at 569.20, as last reported on the 28th of November, with the highest price reaching 574.98 and the lowest price hitting 564.10 during the day.
IPO Date
18th of May 2012
200 Day MA
514.4841
50 Day MA
574.1222
Beta
1.215
 
Yuan Drop
 
Covid
If you're considering investing in Meta Stock, it is important to understand the factors that can impact its price. At this point, Meta Platforms is very steady. Meta Platforms 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. We have found twenty-nine technical indicators for Meta Platforms, which you can use to evaluate the volatility of the firm. Please verify Meta Platforms' Mean Deviation of 1.06, downside deviation of 1.58, and Risk Adjusted Performance of 0.0831 to check out if the risk estimate we provide is consistent with the expected return of 0.15%.
  
At present, Meta Platforms' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 160.8 B, whereas Other Stockholder Equity is forecasted to decline to about 39.5 B. . At present, Meta Platforms' Price Earnings Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 10.64, whereas Price To Sales Ratio is forecasted to decline to 6.42. Meta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1002

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsMETA
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.52
  actual daily
13
87% of assets are more volatile

Expected Return

 0.15
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Meta Platforms is performing at about 7% 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 Meta Platforms by adding it to a well-diversified portfolio.
Price Book
8.8002
Enterprise Value Ebitda
18.1135
Price Sales
9.1978
Shares Float
2.2 B
Dividend Share
1.5

Related Headline

Baidu Headline on 30th of October 2024

Based on the average brokerage recommendation , Baidu Inc. should be added to ones portfolio. Wall Street analysts overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying

Meta Platforms Valuation on October 30, 2024

It is possible to determine the worth of Meta Platforms on a given historical date. On October 30, 2024 Meta was worth 600.98 at the beginning of the trading date compared to the closed value of 591.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meta Platforms stock. Still, in general, we apply an absolute valuation method to find Meta Platforms' 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 Meta Platforms where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meta Platforms' related companies.
 Open High Low Close Volume
  580.15    593.67    575.40    593.28    12,892,150  
10/30/2024
  600.98    601.20    589.38    591.80    26,637,674  
  585.00    589.90    563.01    567.58    26,789,311  
Backtest Meta Platforms  |  Meta Platforms History  |  Meta Platforms Valuation   PreviousNext  
Open Value
600.98
596.41
Downside
591.8
Closing Value
605.55
Upside

Meta Platforms Trading Date Momentum on October 30, 2024

On October 31 2024 Meta Platforms was traded for  567.58  at the closing time. The top price for the day was 589.90  and the lowest listed price was  563.01 . The trading volume for the day was 26.8 M. The trading history from October 31, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.09% . The trading delta at closing time against the current closing price is 0.92% .

Meta Platforms Fundamentals Correlations and Trends

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

About Meta Platforms Stock history

Meta Platforms 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 Meta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meta Platforms 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 Meta Platforms stock prices may prove useful in developing a viable investing in Meta Platforms
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.6 B2.9 B
Net Income Applicable To Common Shares26.7 B14.2 B

Meta Platforms Quarterly Net Working Capital

57.74 Billion

Meta Platforms Stock Technical Analysis

Meta Platforms 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 Meta Platforms technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Meta Platforms 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

Meta Platforms Period Price Range

Low
November 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Meta Platforms cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Meta Platforms November 28, 2024 Market Strength

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

Meta Platforms Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Meta Platforms' price direction in advance. Along with the technical and fundamental analysis of Meta Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Meta 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.

Complementary Tools for Meta Stock analysis

When running Meta Platforms' price analysis, check to measure Meta Platforms' 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 Meta Platforms is operating at the current time. Most of Meta Platforms' value examination focuses on studying past and present price action to predict the probability of Meta Platforms' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meta Platforms' price. Additionally, you may evaluate how the addition of Meta Platforms to your portfolios can decrease your overall portfolio volatility.
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals