Metalla Royalty Streaming Stock Alpha and Beta Analysis

MTA Stock  USD 3.04  0.09  2.88%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Metalla Royalty Streaming. It also helps investors analyze the systematic and unsystematic risks associated with investing in Metalla Royalty over a specified time horizon. Remember, high Metalla Royalty's 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 Metalla Royalty's market risk premium analysis include:
Beta
0.4
Alpha
0.19
Risk
3.69
Sharpe Ratio
0.0547
Expected Return
0.2
Please note that although Metalla Royalty alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Metalla Royalty did 0.19  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Metalla Royalty Streaming stock's relative risk over its benchmark. Metalla Royalty Streaming has a beta of 0.40  . 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. At present, Metalla Royalty's Book Value Per Share is projected to increase slightly based on the last few years of reporting. The current year's Tangible Asset Value is expected to grow to about 42.7 M, whereas Net Current Asset Value is projected to grow to (1.5 M).

Enterprise Value

211.51 Million

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.
  
Check out Metalla Royalty Backtesting, Metalla Royalty Valuation, Metalla Royalty Correlation, Metalla Royalty Hype Analysis, Metalla Royalty Volatility, Metalla Royalty History and analyze Metalla Royalty Performance.

Metalla Royalty Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Metalla Royalty market risk premium is the additional return an investor will receive from holding Metalla Royalty 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 Metalla Royalty. 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 Metalla Royalty's performance over market.
α0.19   β0.40

Metalla Royalty 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 Metalla Royalty's Buy-and-hold return. Our buy-and-hold chart shows how Metalla Royalty performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Metalla Royalty Market Price Analysis

Market price analysis indicators help investors to evaluate how Metalla Royalty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metalla Royalty shares will generate the highest return on investment. By understating and applying Metalla Royalty stock market price indicators, traders can identify Metalla Royalty position entry and exit signals to maximize returns.

Metalla Royalty Return and Market Media

The median price of Metalla Royalty for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 3.25 with a coefficient of variation of 9.52. The daily time series for the period is distributed with a sample standard deviation of 0.31, arithmetic mean of 3.28, and mean deviation of 0.25. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Nut randomly slugs female MTA worker in face, blames voices in his head prosecutors
10/11/2024
2
NYC straphangers go from summer of hell to winter nightmare with line shutdown Worst thing that could happen
11/11/2024
3
Penn Station gets 72 million for renovations, including new 30,000-square-foot public plaza
11/12/2024
4
Metropolitan Transportation Authority Awards Clear Channel Outdoor a 15-Year Deal to Reimagine and Grow Revenue Across One of the Nations Largest Roadside Colle...
11/13/2024
5
NYU Langone pleaded with Hochul for congestion pricing exemptions for vulnerable patients, staff
11/15/2024
6
MTA worker wins 1 million Powerball prize You wait your whole life for this and youre still in shock
11/18/2024
7
Union head repping 300K NYC workers urges Trump to overrule Hochul and kill congestion pricing Stop it
11/20/2024

About Metalla Royalty 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 Metalla or other stocks. Alpha measures the amount that position in Metalla Royalty Streaming 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 Yield0.0049160.007856
Price To Sales Ratio81.2251.77

Metalla Royalty Upcoming Company Events

As portrayed in its financial statements, the presentation of Metalla Royalty's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Metalla Royalty's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Metalla Royalty's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Metalla Royalty. Please utilize our Beneish M Score to check the likelihood of Metalla Royalty's management manipulating its earnings.
29th of March 2024
Upcoming Quarterly Report
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10th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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29th of March 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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:
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.
A focus of Metalla Royalty technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Metalla Royalty trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...