Meta Materials Stock Price on June 17, 2022
| MMAT Stock | USD 2.69 0.12 4.67% |
Below is the normalized historical share price chart for Meta Materials extending back to May 03, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Meta Materials stands at 2.69, as last reported on the 23rd of April, with the highest price reaching 2.70 and the lowest price hitting 2.41 during the day.
If you're considering investing in Meta Stock, it is important to understand the factors that can impact its price. Meta Materials has Sharpe Ratio of -0.0626, which conveys that the firm had a -0.0626% return per unit of risk over the last 3 months. Meta Materials exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Meta Materials' Mean Deviation of 7.41, standard deviation of 11.12, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide.
At this time, Meta Materials' Liabilities And Stockholders Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 713.6 M in 2024, whereas Stock Based Compensation is likely to drop slightly above 2.8 M in 2024. . Price Earnings To Growth Ratio is likely to gain to 12.14 in 2024, whereas Price To Sales Ratio is likely to drop 4,185 in 2024. Meta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of November 2010 | 200 Day MA 11.8788 | 50 Day MA 2.9802 | Beta 1.452 |
Meta |
Sharpe Ratio = -0.0626
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Estimated Market Risk
| 11.16 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.7 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Meta Materials is not performing at its full potential. However, 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 Meta Materials to a well-diversified portfolio.
Price Book 0.8842 | Enterprise Value Ebitda (0.05) | Price Sales 2.435 | Shares Float 6 M | Wall Street Target Price 120 |
Meta Materials Valuation on June 17, 2022
It is possible to determine the worth of Meta Materials on a given historical date. On June 17, 2022 Meta was worth 1.48 at the beginning of the trading date compared to the closed value of 146.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meta Materials stock. Still, in general, we apply an absolute valuation method to find Meta Materials' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Meta Materials where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meta Materials' related companies.
| Open | High | Low | Close | Volume | |
| 1.50 | 151.00 | 151.00 | 151.00 | 24,066 | |
06/17/2022 | 1.48 | 146.00 | 146.00 | 146.00 | 158,404 |
| 1.52 | 174.00 | 174.00 | 174.00 | 64,505 |
| Backtest Meta Materials | | | Meta Materials History | | | Meta Materials Valuation | Previous | Next |
Meta Materials Trading Date Momentum on June 17, 2022
| On June 21 2022 Meta Materials was traded for 174.00 at the closing time. The top price for the day was 174.00 and the lowest listed price was 174.00 . The trading volume for the day was 64.5 K. The trading history from June 21, 2022 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 19.18% . The trading delta at closing time against the current closing price is 99.17% . |
Meta Materials Fundamentals Correlations and Trends
By evaluating Meta Materials' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Meta Materials' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Meta financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Meta Materials Stock history
Meta Materials investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Meta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meta Materials will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Meta Materials stock prices may prove useful in developing a viable investing in Meta Materials
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 477.8 M | 501.7 M | |
| Net Loss | -71.2 M | -67.6 M |
Meta Materials Stock Technical Analysis
Meta Materials 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.
Price Boundaries
Meta Materials Period Price Range
Low | June 17, 2022
| High |
1.48 | 146.00 |
Meta Materials April 23, 2024 Market Strength
Market strength 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 undertsting and applying Meta Materials stock market strength indicators, traders can identify Meta Materials entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 98.65 | |||
| Day Median Price | 146.0 | |||
| Day Typical Price | 146.0 | |||
| Price Action Indicator | 72.26 | |||
| Period Momentum Indicator | (143.31) |
Meta Materials Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Meta Materials' price direction in advance. Along with the technical and fundamental analysis of Meta Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Meta to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (1.33) | |||
| Total Risk Alpha | (2.51) | |||
| Treynor Ratio | (0.35) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meta Materials. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Meta Stock please use our How to Invest in Meta Materials guide.Note that the Meta Materials information on this page should be used as a complementary analysis to other Meta Materials' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary 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.
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Is Meta Materials' 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 Meta Materials. If investors know Meta 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 Meta Materials listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (69.67) | Revenue Per Share 1.382 | Quarterly Revenue Growth 0.607 | Return On Assets (0.15) | Return On Equity (1.99) |
The market value of Meta Materials is measured differently than its book value, which is the value of Meta that is recorded on the company's balance sheet. Investors also form their own opinion of Meta Materials' value that differs from its market value or its book value, called intrinsic value, which is Meta Materials' 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 Meta Materials' market value can be influenced by many factors that don't directly affect Meta Materials' 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 Meta Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Meta Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meta Materials' 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.