Metalla Royalty Streaming Stock Market Value
| MTA Stock | USD 3.04 0.09 2.88% |
| Symbol | Metalla |
Metalla Royalty Streaming Price To Book Ratio
Is Precious Metals & Minerals 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 Metalla Royalty. If investors know Metalla 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 Metalla Royalty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.11) | Revenue Per Share 0.064 | Quarterly Revenue Growth (0.09) | Return On Assets (0.02) | Return On Equity (0.04) |
The market value of Metalla Royalty Streaming is measured differently than its book value, which is the value of Metalla that is recorded on the company's balance sheet. Investors also form their own opinion of Metalla Royalty's value that differs from its market value or its book value, called intrinsic value, which is Metalla Royalty'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 Metalla Royalty's market value can be influenced by many factors that don't directly affect Metalla Royalty'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 Metalla Royalty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Metalla Royalty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metalla Royalty'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.
Metalla Royalty '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 Metalla Royalty'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 Metalla Royalty.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Metalla Royalty on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Metalla Royalty Streaming or generate 0.0% return on investment in Metalla Royalty over 30 days. Metalla Royalty is related to or competes with Triple Flag, Endeavour Silver, SilverCrest Metals, Gatos Silver, Hecla Mining, McEwen Mining, and Avino Silver. Metalla Royalty Streaming Ltd., a precious metals royalty and streaming company, engages in the acquisition and manageme... More
Metalla Royalty 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 Metalla Royalty'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 Metalla Royalty Streaming upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.5 | |||
| Information Ratio | 0.0327 | |||
| Maximum Drawdown | 20.05 | |||
| Value At Risk | (5.43) | |||
| Potential Upside | 6.98 |
Metalla Royalty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metalla Royalty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metalla Royalty's standard deviation. In reality, there are many statistical measures that can use Metalla Royalty historical prices to predict the future Metalla Royalty's volatility.| Risk Adjusted Performance | 0.0603 | |||
| Jensen Alpha | 0.192 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | 0.0342 | |||
| Treynor Ratio | 0.5964 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Metalla Royalty's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Metalla Royalty Streaming Backtested Returns
At this point, Metalla Royalty is relatively risky. Metalla Royalty Streaming has Sharpe Ratio of 0.0367, which conveys that the firm had a 0.0367% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Metalla Royalty, which you can use to evaluate the volatility of the firm. Please verify Metalla Royalty's Risk Adjusted Performance of 0.0603, mean deviation of 2.64, and Downside Deviation of 3.5 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. Metalla Royalty has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Metalla Royalty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metalla Royalty is expected to be smaller as well. Metalla Royalty Streaming right now secures a risk of 3.73%. Please verify Metalla Royalty Streaming expected short fall, and the relationship between the value at risk and daily balance of power , to decide if Metalla Royalty Streaming will be following its current price movements.
Auto-correlation | 0.41 |
Average predictability
Metalla Royalty Streaming has average predictability. Overlapping area represents the amount of predictability between Metalla Royalty time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Metalla Royalty Streaming price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Metalla Royalty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Metalla Royalty Streaming lagged returns against current returns
Autocorrelation, which is Metalla Royalty 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 Metalla Royalty's stock expected returns. We can calculate the autocorrelation of Metalla Royalty returns to help us make a trade decision. For example, suppose you find that Metalla Royalty 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 |
Metalla Royalty 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 Metalla Royalty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metalla Royalty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metalla Royalty stock over time.
Current vs Lagged Prices |
| Timeline |
Metalla Royalty Lagged Returns
When evaluating Metalla Royalty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metalla Royalty stock have on its future price. Metalla Royalty 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, Metalla Royalty autocorrelation shows the relationship between Metalla Royalty stock current value and its past values and can show if there is a momentum factor associated with investing in Metalla Royalty Streaming.
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 Metalla Royalty Streaming offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Metalla Royalty'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 Metalla Royalty Streaming Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Metalla Royalty Streaming Stock:Check out Metalla Royalty Correlation, Metalla Royalty Volatility and Metalla Royalty Alpha and Beta module to complement your research on Metalla Royalty. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Metalla Royalty 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.