Metro Mining (Australia) Price on September 19, 2024
| MMI Stock | 0.06 0 1.79% |
Below is the normalized historical share price chart for Metro Mining extending back to December 04, 2009. 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 Metro Mining stands at 0.06, as last reported on the 26th of November, with the highest price reaching 0.06 and the lowest price hitting 0.05 during the day.
If you're considering investing in Metro Stock, it is important to understand the factors that can impact its price. Metro Mining appears to be out of control, given 3 months investment horizon. Metro Mining has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19% return per unit of risk over the last 3 months. By analyzing Metro Mining's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please exercise Metro Mining's Mean Deviation of 2.96, risk adjusted performance of 0.1232, and Downside Deviation of 3.49 to check out if our risk estimates are consistent with your expectations.
At this time, Metro Mining's Common Stock is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 4.6 B in 2024, despite the fact that Other Stockholder Equity is likely to grow to (36.8 K). . Metro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0428 | 50 Day MA 0.0473 | Beta 0.64 |
Metro |
Sharpe Ratio = 0.1861
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Estimated Market Risk
| 3.81 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.71 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Metro Mining is performing at about 14% 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 Metro Mining by adding it to a well-diversified portfolio.
Price Book 15.2298 | Enterprise Value Ebitda 256.8395 | Price Sales 1.2845 | Shares Float 4.1 B | Wall Street Target Price 0.1175 |
Metro Mining Valuation on September 19, 2024
It is possible to determine the worth of Metro Mining on a given historical date. On September 19, 2024 Metro was worth 0.035 at the beginning of the trading date compared to the closed value of 0.039. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metro Mining stock. Still, in general, we apply an absolute valuation method to find Metro Mining'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 Metro Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metro Mining's related companies.
| Open | High | Low | Close | Volume | |
| 0.03 | 0.04 | 0.03 | 0.03 | 4,706,568 | |
09/19/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 9,428,007 |
| 0.04 | 0.04 | 0.04 | 0.04 | 10,360,691 |
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Metro Mining Trading Date Momentum on September 19, 2024
| On September 20 2024 Metro Mining was traded for 0.04 at the closing time. The maximum traded price for the trading interval was 0.04 and the lowest daily price was 0.04 . The daily volume was recorded at 10.4 M. The volume of trading on 20th of September 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 2.56% . The trading delta at closing time to the closing price today is 2.56% . |
Metro Mining Fundamentals Correlations and Trends
By evaluating Metro Mining'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 Metro Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Metro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Metro Mining Stock history
Metro Mining 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 Metro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metro Mining 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 Metro Mining stock prices may prove useful in developing a viable investing in Metro Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 4.4 B | 4.6 B | |
| Net Loss | -45.1 M | -42.9 M |
Metro Mining Stock Technical Analysis
Metro Mining 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
Metro Mining Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Metro Mining cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Metro Mining November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Metro Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metro Mining shares will generate the highest return on investment. By undertsting and applying Metro Mining stock market strength indicators, traders can identify Metro Mining entry and exit signals to maximize returns
Metro Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Metro Mining's price direction in advance. Along with the technical and fundamental analysis of Metro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metro 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 | 0.1232 | |||
| Jensen Alpha | 0.5014 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1301 | |||
| Treynor Ratio | 0.9494 |
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Additional Tools for Metro Stock Analysis
When running Metro Mining's price analysis, check to measure Metro Mining'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 Metro Mining is operating at the current time. Most of Metro Mining's value examination focuses on studying past and present price action to predict the probability of Metro Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metro Mining's price. Additionally, you may evaluate how the addition of Metro Mining to your portfolios can decrease your overall portfolio volatility.