Metalla Royalty Streaming Stock Probability of Future Stock Price Finishing Under 6.72
| MTA Stock | USD 3.03 0.02 0.66% |
Closest to current price Metalla long CALL Option Payoff at Expiration
Metalla |
Metalla Royalty Target Price Odds to finish below 6.72
The tendency of Metalla Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 6.72 after 90 days |
| 3.03 | 90 days | 6.72 | close to 99 |
Based on a normal probability distribution, the odds of Metalla Royalty to stay under $ 6.72 after 90 days from now is close to 99 (This Metalla Royalty Streaming probability density function shows the probability of Metalla Stock to fall within a particular range of prices over 90 days) . Probability of Metalla Royalty Streaming price to stay between its current price of $ 3.03 and $ 6.72 at the end of the 90-day period is about 32.12 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.71 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Metalla Royalty will likely underperform. Additionally Metalla Royalty Streaming has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Metalla Royalty Price Density |
| Price |
Predictive Modules for Metalla Royalty
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Metalla Royalty Streaming. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Metalla Royalty is not an exception. The market had few large corrections towards the Metalla Royalty's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Metalla Royalty Streaming, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Metalla Royalty within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.09 | |
β | Beta against NYSE Composite | 1.71 | |
σ | Overall volatility | 0.28 | |
Ir | Information ratio | -0.0092 |
Metalla Royalty Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Metalla Royalty for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Metalla Royalty Streaming can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Metalla Royalty had very high historical volatility over the last 90 days | |
| The company has 10.59 M in debt with debt to equity (D/E) ratio of 0.11, which may show that the company is not taking advantage of profits from borrowing. Metalla Royalty Streaming has a current ratio of 0.67, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Metalla Royalty until it has trouble settling it off, either with new capital or with free cash flow. So, Metalla Royalty's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Metalla Royalty Streaming sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Metalla to invest in growth at high rates of return. When we think about Metalla Royalty's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 2.41 M. Reported Net Loss for the year was (10.93 M) with profit before taxes, overhead, and interest of 2.97 M. | |
| Metalla Royalty Streaming has about 3.37 M in cash with (35.04 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. | |
| Roughly 14.0% of Metalla Royalty outstanding shares are owned by corporate insiders | |
| Latest headline from nypost.com: NYC subways should promote the fact there are bathrooms down there, official says |
Metalla Royalty Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Metalla Stock often depends not only on the future outlook of the current and potential Metalla Royalty's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Metalla Royalty's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 44.8 M | |
| Cash And Short Term Investments | 4.6 M |
Metalla Royalty Technical Analysis
Metalla Royalty's future price can be derived by breaking down and analyzing its technical indicators over time. Metalla Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Metalla Royalty Streaming. In general, you should focus on analyzing Metalla Stock price patterns and their correlations with different microeconomic environments and drivers.
Metalla Royalty Predictive Forecast Models
Metalla Royalty's time-series forecasting models is one of many Metalla Royalty's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Metalla Royalty's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Metalla Royalty Streaming
Checking the ongoing alerts about Metalla Royalty for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Metalla Royalty Streaming help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Metalla Royalty had very high historical volatility over the last 90 days | |
| The company has 10.59 M in debt with debt to equity (D/E) ratio of 0.11, which may show that the company is not taking advantage of profits from borrowing. Metalla Royalty Streaming has a current ratio of 0.67, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Metalla Royalty until it has trouble settling it off, either with new capital or with free cash flow. So, Metalla Royalty's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Metalla Royalty Streaming sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Metalla to invest in growth at high rates of return. When we think about Metalla Royalty's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 2.41 M. Reported Net Loss for the year was (10.93 M) with profit before taxes, overhead, and interest of 2.97 M. | |
| Metalla Royalty Streaming has about 3.37 M in cash with (35.04 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. | |
| Roughly 14.0% of Metalla Royalty outstanding shares are owned by corporate insiders | |
| Latest headline from nypost.com: NYC subways should promote the fact there are bathrooms down there, official says |
Check out Metalla Royalty Backtesting, Metalla Royalty Valuation, Metalla Royalty Correlation, Metalla Royalty Hype Analysis, Metalla Royalty Volatility, Metalla Royalty History as well as Metalla Royalty Performance. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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When running Metalla Royalty's price analysis, check to measure Metalla Royalty's 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 Metalla Royalty is operating at the current time. Most of Metalla Royalty's value examination focuses on studying past and present price action to predict the probability of Metalla Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalla Royalty's price. Additionally, you may evaluate how the addition of Metalla Royalty to your portfolios can decrease your overall portfolio volatility.
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Is Metalla Royalty's industry 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 0.083 | Quarterly Revenue Growth 1.064 | Return On Assets (0.02) | Return On Equity (0.03) |
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.