Mega Uranium Stock Price on December 2, 2024
| MGA Stock | CAD 0.37 0.01 2.63% |
Below is the normalized historical share price chart for Mega Uranium extending back to May 31, 1994. 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 Mega Uranium stands at 0.37, as last reported on the 3rd of December, with the highest price reaching 0.37 and the lowest price hitting 0.36 during the day.
If you're considering investing in Mega Stock, it is important to understand the factors that can impact its price. Mega Uranium appears to be out of control, given 3 months investment horizon. Mega Uranium has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. By analyzing Mega Uranium's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please exercise Mega Uranium's Mean Deviation of 2.78, downside deviation of 3.93, and Risk Adjusted Performance of 0.1219 to check out if our risk estimates are consistent with your expectations.
At this time, Mega Uranium's Common Stock Shares Outstanding is very stable compared to the past year. As of the 3rd of December 2024, Stock Based Compensation To Revenue is likely to grow to 41.01, while Total Stockholder Equity is likely to drop about 108.3 M. . As of the 3rd of December 2024, Price Earnings Ratio is likely to grow to 26.95, while Price To Sales Ratio is likely to drop 3,875. Mega Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.3481 | 50 Day MA 0.344 | Beta 1.448 |
Mega |
Sharpe Ratio = 0.1747
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.51 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Mega Uranium is performing at about 13% 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 Mega Uranium by adding it to a well-diversified portfolio.
Price Book 0.709 | Book Value 0.531 | Enterprise Value 123.4 M | Enterprise Value Ebitda 62.7562 | Shares Float 330.8 M |
Mega Uranium Valuation on December 2, 2024
It is possible to determine the worth of Mega Uranium on a given historical date. On December 2, 2024 Mega was worth 0.39 at the beginning of the trading date compared to the closed value of 0.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mega Uranium stock. Still, in general, we apply an absolute valuation method to find Mega Uranium's 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 Mega Uranium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mega Uranium's related companies.
| Open | High | Low | Close | Volume | |
| 0.38 | 0.40 | 0.38 | 0.38 | 711,539 | |
12/02/2024 | 0.39 | 0.39 | 0.37 | 0.38 | 76,852 |
| 0.37 | 0.37 | 0.36 | 0.37 | 286,410 |
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Mega Uranium Trading Date Momentum on December 2, 2024
| On December 03 2024 Mega Uranium was traded for 0.37 at the closing time. The maximum traded price for the trading interval was 0.37 and the lowest daily price was 0.36 . The daily volume was recorded at 286.4 K. The volume of trading on 3rd of December 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 2.63% . The trading delta at closing time to the closing price today is 2.63% . |
Mega Uranium Fundamentals Correlations and Trends
By evaluating Mega Uranium's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mega Uranium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mega financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mega Uranium Stock history
Mega Uranium 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 Mega is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mega Uranium 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 Mega Uranium stock prices may prove useful in developing a viable investing in Mega Uranium
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 422.7 M | 443.9 M | |
| Net Loss | -9.6 M | -9.2 M |
Mega Uranium Quarterly Net Working Capital |
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Mega Uranium Stock Technical Analysis
Mega Uranium 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
Mega Uranium Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Mega Uranium cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Mega Uranium December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Mega Uranium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mega Uranium shares will generate the highest return on investment. By undertsting and applying Mega Uranium stock market strength indicators, traders can identify Mega Uranium entry and exit signals to maximize returns
Mega Uranium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mega Uranium's price direction in advance. Along with the technical and fundamental analysis of Mega Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mega 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 | 0.1219 | |||
| Jensen Alpha | 0.4849 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1016 | |||
| Treynor Ratio | 2.03 |
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Other Information on Investing in Mega Stock
Mega Uranium financial ratios help investors to determine whether Mega Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mega with respect to the benefits of owning Mega Uranium security.