Metagenomi, Common Stock Stock Price on September 6, 2024

MGX Stock   2.02  0.01  0.50%   
If you're considering investing in Metagenomi, Stock, it is important to understand the factors that can impact its price. As of today, the current price of Metagenomi, Common stands at 2.02, as last reported on the 29th of November, with the highest price reaching 2.06 and the lowest price hitting 1.96 during the day. Metagenomi, Common Stock has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Metagenomi, Common exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metagenomi, Common's Standard Deviation of 3.95, risk adjusted performance of (0.11), and Mean Deviation of 2.92 to check out the risk estimate we provide.
  
At this time, Metagenomi, Common's Capital Stock is fairly stable compared to the past year. Stock Based Compensation is likely to rise to about 8.4 M in 2024, whereas Total Stockholder Equity is likely to drop (128.1 M) in 2024. . Price To Sales Ratio is likely to drop to 8.21 in 2024. Price Earnings Ratio is likely to drop to -5.95 in 2024. Metagenomi, Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1222

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Estimated Market Risk

 4.0
  actual daily
35
65% of assets are more volatile

Expected Return

 -0.49
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Metagenomi, Common is not performing at its full potential. However, 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 Metagenomi, Common by adding Metagenomi, Common to a well-diversified portfolio.
Price Book
0.3751
Price Sales
1.8069
Shares Float
23.4 M
Wall Street Target Price
17
Earnings Share
(2.00)

Metagenomi, Common Valuation on September 6, 2024

It is possible to determine the worth of Metagenomi, Common on a given historical date. On September 6, 2024 Metagenomi, was worth 2.84 at the beginning of the trading date compared to the closed value of 2.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metagenomi, Common stock. Still, in general, we apply an absolute valuation method to find Metagenomi, Common'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 Metagenomi, Common where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metagenomi, Common's related companies.
 Open High Low Close Volume
  2.80    2.99    2.80    2.90    76,161  
09/06/2024
  2.84    2.95    2.72    2.72    59,984  
  2.76    3.00    2.76    2.90    137,808  
Backtest Metagenomi, Common  |  Metagenomi, Common History  |  Metagenomi, Common Valuation   PreviousNext  
Open Value
2.84
2.72
Closing Value
14.83
Upside

Metagenomi, Common Trading Date Momentum on September 6, 2024

On September 09 2024 Metagenomi, Common Stock was traded for  2.90  at the closing time. Highest Metagenomi, Common's price during the trading hours was 3.00  and the lowest price during the day was  2.76 . The net volume was 137.8 K. The overall trading history on the 9th of September contributed to the next trading period price jump. The trading delta at closing time to the next next day price was 6.62% . The trading delta at closing time to current price is 0.74% .

Metagenomi, Common Stock Fundamentals Correlations and Trends

By evaluating Metagenomi, Common'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 Metagenomi, Common's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Metagenomi, financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Metagenomi, Common Stock history

Metagenomi, Common 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 Metagenomi, is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metagenomi, Common Stock 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 Metagenomi, Common stock prices may prove useful in developing a viable investing in Metagenomi, Common
Last ReportedProjected for Next Year
Common Stock Shares Outstanding43.2 M35.7 M

Metagenomi, Common Quarterly Net Working Capital

236.6 Million

Metagenomi, Common Stock Technical Analysis

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

Metagenomi, Common Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Metagenomi, Common Stock 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.

Metagenomi, Common November 29, 2024 Market Strength

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

Metagenomi, Common Technical and Predictive Indicators

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

Additional Tools for Metagenomi, Stock Analysis

When running Metagenomi, Common's price analysis, check to measure Metagenomi, Common's 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 Metagenomi, Common is operating at the current time. Most of Metagenomi, Common's value examination focuses on studying past and present price action to predict the probability of Metagenomi, Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metagenomi, Common's price. Additionally, you may evaluate how the addition of Metagenomi, Common to your portfolios can decrease your overall portfolio volatility.