Metro Global Media Stock Market Value
| MGMA Stock | USD 0.0001 0.00 0.00% |
| Symbol | Metro |
Metro Global Media Price To Book Ratio
Is Movies & Entertainment (discontinued effective close of September 28, 2018) space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Metro Global. If investors know Metro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Metro Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Metro Global Media is measured differently than its book value, which is the value of Metro that is recorded on the company's balance sheet. Investors also form their own opinion of Metro Global's value that differs from its market value or its book value, called intrinsic value, which is Metro Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Metro Global's market value can be influenced by many factors that don't directly affect Metro Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Metro Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Metro Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metro Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Metro Global 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Metro Global's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Metro Global.
| 12/02/2025 |
| 01/01/2026 |
If you would invest 0.00 in Metro Global on December 2, 2025 and sell it all today you would earn a total of 0.00 from holding Metro Global Media or generate 0.0% return on investment in Metro Global over 30 days. Metro Global Media, Inc. operates through its wholly owned subsidiaries and operating divisions Metro West Studios, Inc More
Metro Global Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Metro Global's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Metro Global Media upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 99.98 |
Metro Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metro Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metro Global's standard deviation. In reality, there are many statistical measures that can use Metro Global historical prices to predict the future Metro Global's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (1.56) | |||
| Total Risk Alpha | (2.37) | |||
| Treynor Ratio | (1.93) |
Metro Global Media Backtested Returns
Metro Global Media has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13 % return per unit of risk over the last 3 months. Metro Global exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metro Global's Standard Deviation of 12.31, risk adjusted performance of (0.08), and Mean Deviation of 2.98 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.79, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Metro Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metro Global is expected to be smaller as well. At this point, Metro Global Media has a negative expected return of -1.59%. Please make sure to verify Metro Global's coefficient of variation and the relationship between the information ratio and day median price , to decide if Metro Global Media performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Metro Global Media has no correlation between past and present. Overlapping area represents the amount of predictability between Metro Global time series from 2nd of December 2025 to 17th of December 2025 and 17th of December 2025 to 1st of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Metro Global Media price movement. The serial correlation of 0.0 indicates that just 0.0% of current Metro Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Metro Global Media lagged returns against current returns
Autocorrelation, which is Metro Global stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Metro Global's stock expected returns. We can calculate the autocorrelation of Metro Global returns to help us make a trade decision. For example, suppose you find that Metro Global has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Metro Global regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Metro Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metro Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metro Global stock over time.
Current vs Lagged Prices |
| Timeline |
Metro Global Lagged Returns
When evaluating Metro Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metro Global stock have on its future price. Metro Global autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Metro Global autocorrelation shows the relationship between Metro Global stock current value and its past values and can show if there is a momentum factor associated with investing in Metro Global Media.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Metro Global Media offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Metro Global's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Metro Global Media Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Metro Global Media Stock:Check out Metro Global Correlation, Metro Global Volatility and Metro Global Alpha and Beta module to complement your research on Metro Global. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Metro Global 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.