Meta Materials Stock Price on September 3, 2024
| MMAT Stock | USD 0.06 0.12 66.11% |
Below is the normalized historical share price chart for Meta Materials extending back to May 03, 2010. 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 Materials stands at 0.06, as last reported on the 29th of November, with the highest price reaching 0.06 and the lowest price hitting 0.06 during the day.
If you're considering investing in Meta Stock, it is important to understand the factors that can impact its price. Meta Materials is out of control given 3 months investment horizon. Meta Materials has Sharpe Ratio of 0.0573, which conveys that the firm had a 0.0573% return per unit of risk over the last 3 months. We were able to analyze twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.33% are justified by taking the suggested risk. Use Meta Materials Risk Adjusted Performance of 0.0504, downside deviation of 28.84, and Mean Deviation of 15.84 to evaluate company specific risk that cannot be diversified away.
At this time, Meta Materials' Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 81.1 M in 2024, despite the fact that Stock Based Compensation is likely to grow to (177.1 K). . At this time, Meta Materials' Price Book Value Ratio is comparatively stable compared to the past year. Price To Book Ratio is likely to gain to 1.82 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.0005). Meta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of November 2010 | 200 Day MA 3.6986 | 50 Day MA 2.0275 | Beta 1.283 |
Meta |
Sharpe Ratio = 0.0573
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Estimated Market Risk
| 40.74 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.33 actual daily | 46 54% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Meta Materials is performing at about 4% 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.
Price Book 0.0402 | Enterprise Value Ebitda (2.06) | Price Sales 0.3583 | Shares Float 6.7 M | Wall Street Target Price 120 |
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Meta Materials Valuation on September 3, 2024
It is possible to determine the worth of Meta Materials on a given historical date. On September 3, 2024 Meta was worth 0.45 at the beginning of the trading date compared to the closed value of 0.45. 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 | |
| 0.45 | 0.51 | 0.45 | 0.45 | 60,321 | |
09/03/2024 | 0.45 | 0.50 | 0.42 | 0.45 | 24,083 |
| 0.45 | 0.55 | 0.44 | 0.44 | 20,961 |
| Backtest Meta Materials | | | Meta Materials History | | | Meta Materials Valuation | Previous | Next |
Meta Materials Trading Date Momentum on September 3, 2024
| On September 04 2024 Meta Materials was traded for 0.44 at the closing time. The top price for the day was 0.55 and the lowest listed price was 0.44 . The trading volume for the day was 21 K. The trading history from September 4, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.22% . The trading delta at closing time against the current closing price is 20.00% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.8 M | 6.1 M | |
| Net Loss | -71.2 M | -67.6 M |
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, stock market cycles, or different charting patterns.
Price Boundaries
Meta Materials Period Price Range
Low | November 29, 2024
| 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 November 29, 2024 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 | 0.0504 | |||
| Jensen Alpha | 2.26 | |||
| Total Risk Alpha | (3.90) | |||
| Sortino Ratio | 0.0687 | |||
| Treynor Ratio | (1.49) |
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Additional Tools for Meta Stock Analysis
When running Meta Materials' price analysis, check to measure Meta Materials' 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 Materials is operating at the current time. Most of Meta Materials' value examination focuses on studying past and present price action to predict the probability of Meta Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meta Materials' price. Additionally, you may evaluate how the addition of Meta Materials to your portfolios can decrease your overall portfolio volatility.