Meta Materials Stock Probability of Future Stock Price Finishing Over 0.061
| MMAT Stock | USD 0.06 0.12 66.11% |
Meta |
Meta Materials Target Price Odds to finish over 0.061
The tendency of Meta 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 move above the current price in 90 days |
| 0.06 | 90 days | 0.06 | about 89.32 |
Based on a normal probability distribution, the odds of Meta Materials to move above the current price in 90 days from now is about 89.32 (This Meta Materials probability density function shows the probability of Meta Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Meta Materials has a beta of -7.65. This indicates as returns on its benchmark rise, returns on holding Meta Materials are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Meta Materials is expected to outperform its benchmark. In addition to that Meta Materials has an alpha of 2.9804, implying that it can generate a 2.98 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Meta Materials Price Density |
| Price |
Predictive Modules for Meta Materials
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Meta Materials. 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.Meta Materials Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Meta Materials is not an exception. The market had few large corrections towards the Meta Materials' 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 Meta Materials, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Meta Materials within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 2.98 | |
β | Beta against Dow Jones | -7.65 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | 0.05 |
Meta Materials 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 Meta Materials for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Meta Materials can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Meta Materials is way too risky over 90 days horizon | |
| Meta Materials has some characteristics of a very speculative penny stock | |
| Meta Materials appears to be risky and price may revert if volatility continues | |
| Meta Materials has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 7.84 M. Net Loss for the year was (398.23 M) with profit before overhead, payroll, taxes, and interest of 3.41 M. | |
| Meta Materials currently holds about 54.83 M in cash with (42.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Meta Materials has a frail financial position based on the latest SEC disclosures |
Meta Materials 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 Meta Stock often depends not only on the future outlook of the current and potential Meta Materials' 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. Meta Materials' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.8 M | |
| Cash And Short Term Investments | 10.3 M |
Meta Materials Technical Analysis
Meta Materials' future price can be derived by breaking down and analyzing its technical indicators over time. Meta Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Meta Materials. In general, you should focus on analyzing Meta Stock price patterns and their correlations with different microeconomic environments and drivers.
Meta Materials Predictive Forecast Models
Meta Materials' time-series forecasting models is one of many Meta Materials' 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 Meta Materials' 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 Meta Materials
Checking the ongoing alerts about Meta Materials for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Meta Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Meta Materials is way too risky over 90 days horizon | |
| Meta Materials has some characteristics of a very speculative penny stock | |
| Meta Materials appears to be risky and price may revert if volatility continues | |
| Meta Materials has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 7.84 M. Net Loss for the year was (398.23 M) with profit before overhead, payroll, taxes, and interest of 3.41 M. | |
| Meta Materials currently holds about 54.83 M in cash with (42.22 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Meta Materials has a frail financial position based on the latest SEC disclosures |
Additional 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.