Metals Acquisition Limited Stock Market Value
| MTAL Stock | USD 14.85 0.15 1.02% |
| Symbol | Metals |
Metals Acquisition Price To Book Ratio
Is Metals Acquisition'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 Metals Acquisition. If investors know Metals 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 Metals Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.86) | Earnings Share (4.83) | Revenue Per Share 5.316 | Return On Assets (0.01) | Return On Equity (1.17) |
The market value of Metals Acquisition is measured differently than its book value, which is the value of Metals that is recorded on the company's balance sheet. Investors also form their own opinion of Metals Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Metals Acquisition'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 Metals Acquisition's market value can be influenced by many factors that don't directly affect Metals Acquisition'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 Metals Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Metals Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metals Acquisition'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.
Metals Acquisition 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Metals Acquisition's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Metals Acquisition.
| 03/04/2024 |
| 06/02/2024 |
If you would invest 0.00 in Metals Acquisition on March 4, 2024 and sell it all today you would earn a total of 0.00 from holding Metals Acquisition Limited or generate 0.0% return on investment in Metals Acquisition over 90 days. Metals Acquisition is related to or competes with Morningstar Unconstrained, Thrivent High, Via Renewables, T Rowe, 70082LAB3, Sitka Gold, and MSCI ACWI. Metals Acquisition Corp does not have significant operations More
Metals Acquisition Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Metals Acquisition's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Metals Acquisition Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.0 | |||
| Information Ratio | 0.1361 | |||
| Maximum Drawdown | 9.73 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 4.26 |
Metals Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metals Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metals Acquisition's standard deviation. In reality, there are many statistical measures that can use Metals Acquisition historical prices to predict the future Metals Acquisition's volatility.| Risk Adjusted Performance | 0.1045 | |||
| Jensen Alpha | 0.3512 | |||
| Total Risk Alpha | 0.2209 | |||
| Sortino Ratio | 0.1589 | |||
| Treynor Ratio | 9.55 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Metals Acquisition'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.
Metals Acquisition Backtested Returns
Metals Acquisition appears to be not too volatile, given 3 months investment horizon. Metals Acquisition has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Metals Acquisition, which you can use to evaluate the volatility of the firm. Please exercise Metals Acquisition's Mean Deviation of 1.75, risk adjusted performance of 0.1045, and Downside Deviation of 2.0 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Metals Acquisition holds a performance score of 12. The company secures a Beta (Market Risk) of 0.0369, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Metals Acquisition's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metals Acquisition is expected to be smaller as well. Please check Metals Acquisition's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Metals Acquisition's current price movements will revert.
Auto-correlation | 0.42 |
Average predictability
Metals Acquisition Limited has average predictability. Overlapping area represents the amount of predictability between Metals Acquisition time series from 4th of March 2024 to 18th of April 2024 and 18th of April 2024 to 2nd of June 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Metals Acquisition price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Metals Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
Metals Acquisition lagged returns against current returns
Autocorrelation, which is Metals Acquisition stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Metals Acquisition's stock expected returns. We can calculate the autocorrelation of Metals Acquisition returns to help us make a trade decision. For example, suppose you find that Metals Acquisition has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Metals Acquisition regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Metals Acquisition stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metals Acquisition stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metals Acquisition stock over time.
Current vs Lagged Prices |
| Timeline |
Metals Acquisition Lagged Returns
When evaluating Metals Acquisition's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metals Acquisition stock have on its future price. Metals Acquisition autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Metals Acquisition autocorrelation shows the relationship between Metals Acquisition stock current value and its past values and can show if there is a momentum factor associated with investing in Metals Acquisition Limited.
Regressed Prices |
| Timeline |
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Check out Metals Acquisition Correlation, Metals Acquisition Volatility and Metals Acquisition Alpha and Beta module to complement your research on Metals Acquisition. Note that the Metals Acquisition information on this page should be used as a complementary analysis to other Metals Acquisition's 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Complementary Tools for Metals Stock analysis
When running Metals Acquisition's price analysis, check to measure Metals Acquisition'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 Metals Acquisition is operating at the current time. Most of Metals Acquisition's value examination focuses on studying past and present price action to predict the probability of Metals Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metals Acquisition's price. Additionally, you may evaluate how the addition of Metals Acquisition to your portfolios can decrease your overall portfolio volatility.
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Metals Acquisition 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.