Metcash (Germany) Today
| MG9 Stock | EUR 2.32 0.02 0.87% |
Performance10 of 100
| Odds Of DistressLess than 9
|
Metcash is trading at 2.32 as of the 23rd of April 2024. This is a 0.87 percent increase since the beginning of the trading day. The stock's lowest day price was 2.32. Metcash has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Metcash Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Metcash Limited operates as a wholesale distribution and marketing company in Australia and New Zealand. Metcash Limited was founded in 1920 and is based in Macquarie Park, Australia. METCASH LTD operates under Food Distribution classification in Germany and is traded on Frankfurt Stock Exchange. The company has 965.54 M outstanding shares. More on Metcash Limited
Moving together with Metcash Stock
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Moving against Metcash Stock
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| 0.83 | JEM0 | JERONIMO MARTINS UNADR2 | PairCorr |
| 0.83 | MLB1 | MercadoLibre | PairCorr |
| 0.8 | PP1 | Papa Johns International | PairCorr |
| 0.75 | B4B3 | Metro AG | PairCorr |
Follow Valuation Odds of Bankruptcy
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Metcash Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Metcash's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Metcash or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | SCOTT MARSHALL |
| Business Concentration | Food Distribution, Consumer Defensive (View all Sectors) |
Metcash Limited (MG9) is traded on Frankfurt Exchange in Germany and employs 8,000 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.56 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Metcash's market, we take the total number of its shares issued and multiply it by Metcash's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Metcash Limited classifies itself under Consumer Defensive sector and is part of Food Distribution industry. The entity has 965.54 M outstanding shares.
Metcash Limited has accumulated about 83.37 M in cash with 432.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09.
Check Metcash Probability Of Bankruptcy
Ownership AllocationMetcash Limited holds a total of 965.54 Million outstanding shares. Over half of Metcash's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Metcash Limited. Please watch out for any change in the institutional holdings of Metcash Limited as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Metcash Ownership Details
Metcash Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Metcash jumping above the current price in 90 days from now is about 14.68%. The Metcash Limited probability density function shows the probability of Metcash stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Metcash Limited has a beta of -0.0162. This indicates as returns on the benchmark increase, returns on holding Metcash are expected to decrease at a much lower rate. During a bear market, however, Metcash Limited is likely to outperform the market. Additionally, metcash Limited has an alpha of 0.1628, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Metcash to move above the current price in 90 days from now is about 14.68 (This Metcash Limited probability density function shows the probability of Metcash Stock to fall within a particular range of prices over 90 days) .
Metcash Limited Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Metcash market risk premium is the additional return an investor will receive from holding Metcash 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 Metcash. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Metcash's alpha and beta are two of the key measurements used to evaluate Metcash's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7921 | |||
| Semi Deviation | 0.871 | |||
| Standard Deviation | 1.09 | |||
| Variance | 1.2 |
Metcash Stock Against Markets
Picking the right benchmark for Metcash stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Metcash stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Metcash is critical whether you are bullish or bearish towards Metcash Limited at a given time. Please also check how Metcash's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Metcash without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Metcash Corporate Directors
Metcash corporate directors refer to members of a Metcash board of directors. The board of directors generally takes responsibility for the Metcash's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Metcash's board members must vote for the resolution. The Metcash board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Murray Jordan | Non-Executive Director | Profile | |
| Patrick Allaway | Non-Executive Director | Profile | |
| Neil Hamilton | Non-Executive Director | Profile | |
| Helen Nash | Director | Profile |
How to buy Metcash Stock?
Before investing in Metcash, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Metcash. To buy Metcash stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Metcash. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Metcash stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Metcash Limited stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Metcash Limited stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Metcash Limited, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Metcash Limited?
The danger of trading Metcash Limited is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Metcash is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Metcash. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Metcash Limited is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Metcash Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Metcash Stock analysis
When running Metcash's price analysis, check to measure Metcash'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 Metcash is operating at the current time. Most of Metcash's value examination focuses on studying past and present price action to predict the probability of Metcash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metcash's price. Additionally, you may evaluate how the addition of Metcash to your portfolios can decrease your overall portfolio volatility.
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