Meta Materials Performance
| MMATDelisted Stock | USD 0.0001 0.00 0.00% |
Meta Materials holds a performance score of 15 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 2.54, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Meta Materials will likely underperform. Use Meta Materials total risk alpha, potential upside, as well as the relationship between the Potential Upside and kurtosis , to analyze future returns on Meta Materials.
Risk-Adjusted Performance
15 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Meta Materials are ranked lower than 15 (%) 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
| Begin Period Cash Flow | 11.8 M |
Meta |
Meta Materials Relative Risk vs. Return Landscape
If you would invest 6.10 in Meta Materials on November 3, 2024 and sell it today you would lose (6.09) from holding Meta Materials or give up 99.84% of portfolio value over 90 days. Meta Materials is currently generating 41.2583% in daily expected returns and assumes 206.6367% 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 = 0.1997
| Best Portfolio | Best Equity | MMAT | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 206.64 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Meta Materials is performing at about 15% 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 | |||
| EBITDA | (401.92 M) | |||
| Cash And Equivalents | 54.83 M | |||
| Cash Per Share | 0.15 X | |||
| Total Debt | 12.13 M | |||
| Debt To Equity | 0.19 % | |||
| Book Value Per Share | 2.75 X | |||
| Cash Flow From Operations | (42.22 M) | |||
| Earnings Per Share | (65.82) X | |||
| Total Asset | 59.16 M | |||
| Retained Earnings | (609.01 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.
Meta Materials Inc. invents, designs, develops, and manufactures various functional materials and nanocomposites. Meta Materials Inc. was incorporated in 2007 and is headquartered in Dartmouth, Canada. Meta Materials operates under Electronic Components classification in the United States and is traded on NASDAQ Exchange. It employs 130 people.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 not yet fully synchronised with the market data | |
| 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. |
- 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.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Other Consideration for investing in Meta Stock
If you are still planning to invest in Meta Materials check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Meta Materials' history and understand the potential risks before investing.
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