Meta Materials Price on July 29, 2024
| MMATDelisted Stock | USD 0.0001 0.00 0.00% |
If you're considering investing in Meta Stock, it is important to understand the factors that can impact its price. As of today, the current price of Meta Materials stands at 0.0001, as last reported on the 1st of February, with the highest price reaching 0.0001 and the lowest price hitting 0.0001 during the day. Meta Materials is out of control given 3 months investment horizon. Meta Materials has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2 % return per unit of risk over the last 3 months. We were able to analyze twenty-four different technical indicators, which can help you to evaluate if expected returns of 41.26% are justified by taking the suggested risk. Use Meta Materials Downside Deviation of 37.94, mean deviation of 16.33, and Risk Adjusted Performance of 0.0249 to evaluate company specific risk that cannot be diversified away.
Meta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Meta |
Sharpe Ratio = 0.1997
| Best Portfolio | Best Equity | MMAT | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 206.64 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Meta Materials is performing at about 15% 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 Materials by adding it to a well-diversified portfolio.
Meta Materials Main Headline on 29th of July 2024
BNP Paribas Financial Markets Purchases Shares of 10,487 Met... by news.google.com
BNP Paribas Financial Markets Purchases Shares of 10,487 Meta Materials Inc. Defense World
Meta Materials Valuation on July 29, 2024
It is possible to determine the worth of Meta Materials on a given historical date. On July 29, 2024 Meta was worth 2.53 at the beginning of the trading date compared to the closed value of 2.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meta Materials stock. Still, in general, we apply an absolute valuation method to find Meta Materials' 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 Materials where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meta Materials' related companies.
| Open | High | Low | Close | Volume | |
| 2.55 | 2.60 | 2.40 | 2.48 | 66,677 | |
07/29/2024 | 2.53 | 2.59 | 2.35 | 2.39 | 54,642 |
| 2.40 | 2.40 | 2.24 | 2.27 | 66,971 |
| Backtest Meta Materials | | | Meta Materials History | | | Meta Materials Valuation | Previous | Next |
Meta Materials Trading Date Momentum on July 29, 2024
| On July 30 2024 Meta Materials was traded for 2.27 at the closing time. The top price for the day was 2.40 and the lowest listed price was 2.24 . The trading volume for the day was 67 K. The trading history from July 30, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 5.02% . The trading delta at closing time against the current closing price is 11.72% . |
Meta Materials Fundamentals Correlations and Trends
By evaluating Meta Materials' 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 Materials' 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 Materials Stock history
Meta Materials 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 Materials 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 Materials stock prices may prove useful in developing a viable investing in Meta Materials
Meta Materials Inc. invents, designs, develops, and manufactures various functional materials and nanocomposites. Meta Materials Inc. was incorporated in 2007 and is headquartered in Dartmouth, Canada. Meta Materials operates under Electronic Components classification in the United States and is traded on NASDAQ Exchange. It employs 130 people.
Meta Materials Stock Technical Analysis
Meta Materials 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Meta Materials Period Price Range
Low | February 1, 2025
| High |
0.00 | 0.00 |
Meta Materials 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 Materials February 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Meta Materials 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 Materials shares will generate the highest return on investment. By undertsting and applying Meta Materials stock market strength indicators, traders can identify Meta Materials entry and exit signals to maximize returns
Meta Materials Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Meta Materials' 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.
| Risk Adjusted Performance | 0.0249 | |||
| Jensen Alpha | 1.24 | |||
| Total Risk Alpha | (2.68) | |||
| Sortino Ratio | 0.0177 | |||
| Treynor Ratio | (0.10) |
| Cycle Indicators | ||
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Other Consideration for investing in Meta Stock
If you are still planning to invest in Meta Materials check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Meta Materials' history and understand the potential risks before investing.
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