Meta Materials Stock Alpha and Beta Analysis
| MMAT Stock | USD 0.06 0.12 66.11% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Meta Materials. It also helps investors analyze the systematic and unsystematic risks associated with investing in Meta Materials over a specified time horizon. Remember, high Meta Materials' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Meta Materials' market risk premium analysis include:
Beta (1.82) | Alpha 1.98 | Risk 40.75 | Sharpe Ratio 0.0574 | Expected Return 2.34 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Meta |
Meta Materials Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Meta Materials market risk premium is the additional return an investor will receive from holding Meta Materials long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Meta Materials. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Meta Materials' performance over market.| α | 1.98 | β | -1.82 |
Meta Materials expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Meta Materials' Buy-and-hold return. Our buy-and-hold chart shows how Meta Materials performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Meta Materials Market Price Analysis
Market price analysis indicators help investors to evaluate how Meta Materials stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meta Materials shares will generate the highest return on investment. By understating and applying Meta Materials stock market price indicators, traders can identify Meta Materials position entry and exit signals to maximize returns.
Meta Materials Return and Market Media
The median price of Meta Materials for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 0.37 with a coefficient of variation of 60.44. The daily time series for the period is distributed with a sample standard deviation of 0.17, arithmetic mean of 0.28, and mean deviation of 0.16. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
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 |
About Meta Materials Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Meta or other stocks. Alpha measures the amount that position in Meta Materials has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.0777 | 0.0406 | Price To Sales Ratio | 4.85 | 4.61 |
Meta Materials Upcoming Company Events
As portrayed in its financial statements, the presentation of Meta Materials' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Meta Materials' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Meta Materials' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Meta Materials. Please utilize our Beneish M Score to check the likelihood of Meta Materials' management manipulating its earnings.
| 28th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 30th of September 2023 Last Quarter Report | View |
Build Portfolio with Meta Materials
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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.