Meta Materials Stock Performance
| MMAT Stock | USD 0.06 0.12 66.11% |
Meta Materials holds a performance score of 4 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.41, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Meta Materials are expected to decrease by larger amounts. On the other hand, during market turmoil, Meta Materials is expected to outperform it. Use Meta Materials potential upside, as well as the relationship between the kurtosis and price action indicator , to analyze future returns on Meta Materials.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Meta Materials are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively inconsistent basic indicators, Meta Materials unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:100 | Last Split Date 2024-01-29 |
1 | Levi Korsinsky, LLP Notifies Shareholders of Meta Materials Inc. fka Torchlight Energy Resources, Inc. an Upcoming Claims Deadline in a Class Action Settlement | 09/09/2024 |
| Begin Period Cash Flow | 11.8 M |
Meta |
Meta Materials Relative Risk vs. Return Landscape
If you would invest 45.00 in Meta Materials on August 31, 2024 and sell it today you would lose (38.90) from holding Meta Materials or give up 86.44% of portfolio value over 90 days. Meta Materials is currently generating 2.3347% in daily expected returns and assumes 40.7383% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Meta, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Meta Materials Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meta Materials' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Meta Materials, and traders can use it to determine the average amount a Meta Materials' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0573
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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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.
Meta Materials Fundamentals Growth
Meta Stock prices reflect investors' perceptions of the future prospects and financial health of Meta Materials, and Meta Materials fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Meta Stock performance.
| Return On Equity | -1.98 | ||||
| Return On Asset | -0.12 | ||||
| Operating Margin | (1.74) % | ||||
| Current Valuation | 4.81 M | ||||
| Shares Outstanding | 6.7 M | ||||
| Price To Book | 0.04 X | ||||
| Price To Sales | 0.36 X | ||||
| Revenue | 7.84 M | ||||
| Gross Profit | 3.41 M | ||||
| EBITDA | (401.92 M) | ||||
| Net Income | (398.23 M) | ||||
| Cash And Equivalents | 54.83 M | ||||
| Cash Per Share | 0.15 X | ||||
| Total Debt | 12.13 M | ||||
| Debt To Equity | 0.19 % | ||||
| Current Ratio | 1.54 X | ||||
| Book Value Per Share | 2.75 X | ||||
| Cash Flow From Operations | (42.22 M) | ||||
| Earnings Per Share | (65.82) X | ||||
| Market Capitalization | 3.52 M | ||||
| Total Asset | 59.16 M | ||||
| Retained Earnings | (609.01 M) | ||||
| Working Capital | (6.19 M) | ||||
About Meta Materials Performance
Assessing Meta Materials' fundamental ratios provides investors with valuable insights into Meta Materials' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Meta Materials is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 1.93 | 1.84 | |
| Return On Tangible Assets | (9.68) | (9.20) | |
| Return On Capital Employed | (0.68) | (0.64) | |
| Return On Assets | (6.73) | (6.39) | |
| Return On Equity | (18.15) | (17.25) |
Things to note about Meta Materials performance evaluation
Checking the ongoing alerts about Meta Materials for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Meta Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Meta Materials is way too risky over 90 days horizon | |
| Meta Materials has some characteristics of a very speculative penny stock | |
| Meta Materials appears to be risky and price may revert if volatility continues | |
| Meta Materials has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 7.84 M. Net Loss for the year was (398.23 M) with profit before overhead, payroll, taxes, and interest of 3.41 M. | |
| Meta Materials currently holds about 54.83 M in cash with (42.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Meta Materials has a frail financial position based on the latest SEC disclosures |
- Analyzing Meta Materials' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Meta Materials' stock is overvalued or undervalued compared to its peers.
- Examining Meta Materials' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Meta Materials' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Meta Materials' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Meta Materials' stock. These opinions can provide insight into Meta Materials' potential for growth and whether the stock is currently undervalued or overvalued.
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.