Metacon AB (Sweden) Price on December 20, 2024
| META Stock | 0.13 0.00 0.00% |
If you're considering investing in Metacon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Metacon AB stands at 0.13, as last reported on the 28th of December, with the highest price reaching 0.14 and the lowest price hitting 0.13 during the day. Metacon AB has Sharpe Ratio of -0.22, which conveys that the firm had a -0.22% return per unit of risk over the last 3 months. Metacon AB exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metacon AB's Mean Deviation of 4.58, standard deviation of 7.59, and Risk Adjusted Performance of (0.14) to check out the risk estimate we provide.
Metacon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Metacon |
Sharpe Ratio = -0.2224
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| Negative Returns | META |
Estimated Market Risk
| 7.69 actual daily | 68 68% of assets are less volatile |
Expected Return
| -1.71 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Metacon AB 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 Metacon AB by adding Metacon AB to a well-diversified portfolio.
Metacon AB Valuation on December 20, 2024
It is possible to determine the worth of Metacon AB on a given historical date. On December 20, 2024 Metacon was worth 0.13 at the beginning of the trading date compared to the closed value of 0.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metacon AB stock. Still, in general, we apply an absolute valuation method to find Metacon AB's 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 Metacon AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metacon AB's related companies.
| Open | High | Low | Close | Volume | |
| 0.14 | 0.14 | 0.13 | 0.13 | 4,509,973 | |
12/20/2024 | 0.13 | 0.16 | 0.13 | 0.15 | 7,018,989 |
| 0.15 | 0.15 | 0.13 | 0.13 | 35,771,569 |
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Metacon AB Trading Date Momentum on December 20, 2024
| On December 23 2024 Metacon AB was traded for 0.13 at the closing time. The highest price during the trading period was 0.15 and the lowest recorded bid was listed for 0.13 . The volume for the day was 35.8 M. This history from December 23, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 13.33% . The trading delta at closing time to the current price is 13.33% . |
Metacon AB Fundamentals Correlations and Trends
By evaluating Metacon AB's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Metacon AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Metacon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Metacon AB Stock history
Metacon AB 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 Metacon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metacon AB 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 Metacon AB stock prices may prove useful in developing a viable investing in Metacon AB
Metacon AB Stock Technical Analysis
Metacon AB 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
Metacon AB Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
Metacon AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Metacon AB December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Metacon AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metacon AB shares will generate the highest return on investment. By undertsting and applying Metacon AB stock market strength indicators, traders can identify Metacon AB entry and exit signals to maximize returns
Metacon AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Metacon AB's price direction in advance. Along with the technical and fundamental analysis of Metacon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metacon 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 | (0.14) | |||
| Jensen Alpha | (1.47) | |||
| Total Risk Alpha | (1.66) | |||
| Treynor Ratio | (1.14) |
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Additional Tools for Metacon Stock Analysis
When running Metacon AB's price analysis, check to measure Metacon AB'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 Metacon AB is operating at the current time. Most of Metacon AB's value examination focuses on studying past and present price action to predict the probability of Metacon AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metacon AB's price. Additionally, you may evaluate how the addition of Metacon AB to your portfolios can decrease your overall portfolio volatility.