Mega Uranium Stock Price on March 26, 2024

MGA Stock  CAD 0.35  0.01  2.78%   
Below is the normalized historical share price chart for Mega Uranium extending back to May 31, 1994. 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 Mega Uranium stands at 0.35, as last reported on the 15th of December 2024, with the highest price reaching 0.36 and the lowest price hitting 0.34 during the day.
200 Day MA
0.346
50 Day MA
0.353
Beta
1.448
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Mega Stock, it is important to understand the factors that can impact its price. Mega Uranium appears to be out of control, given 3 months investment horizon. Mega Uranium has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mega Uranium, which you can use to evaluate the volatility of the firm. Please exercise Mega Uranium's Mean Deviation of 2.65, downside deviation of 3.66, and Risk Adjusted Performance of 0.0696 to check out if our risk estimates are consistent with your expectations.
  
At this time, Mega Uranium's Common Stock Shares Outstanding is very stable compared to the past year. As of the 15th of December 2024, Stock Based Compensation To Revenue is likely to grow to 41.01, while Total Stockholder Equity is likely to drop about 108.3 M. . As of the 15th of December 2024, Price To Sales Ratio is likely to drop to 3,875. In addition to that, Price Earnings Ratio is likely to grow to -7.96. Mega Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1196

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Estimated Market Risk

 3.33
  actual daily
29
71% of assets are more volatile

Expected Return

 0.4
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Mega Uranium is performing at about 9% of its full potential. 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 Mega Uranium by adding it to a well-diversified portfolio.
Price Book
0.6618
Book Value
0.531
Enterprise Value
114.2 M
Enterprise Value Ebitda
58.0414
Shares Float
330.8 M

Mega Uranium Main Headline on 26th of March 2024

Closing Bell Mega Uranium Ltd down on Tuesday Barchart

Mega Uranium Valuation on March 26, 2024

It is possible to determine the worth of Mega Uranium on a given historical date. On March 26, 2024 Mega was worth 0.38 at the beginning of the trading date compared to the closed value of 0.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mega Uranium stock. Still, in general, we apply an absolute valuation method to find Mega Uranium'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 Mega Uranium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mega Uranium's related companies.
 Open High Low Close Volume
  0.38    0.39    0.37    0.37    348,000  
03/26/2024
  0.38    0.38    0.36    0.37    606,900  
  0.37    0.38    0.36    0.38    463,100  
Backtest Mega Uranium  |  Mega Uranium History  |  Mega Uranium Valuation   PreviousNext  
Open Value
0.38
0.37
Closing Value
10.36
Upside

Mega Uranium Trading Date Momentum on March 26, 2024

On March 27 2024 Mega Uranium was traded for  0.38  at the closing time. The maximum traded price for the trading interval was 0.38  and the lowest daily price was  0.36 . The daily volume was recorded at 463.1 K. The volume of trading on 27th of March 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 2.70% . The trading delta at closing time to the closing price today is 13.51% .

Mega Uranium Fundamentals Correlations and Trends

By evaluating Mega Uranium'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 Mega Uranium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mega financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Mega Uranium Stock history

Mega Uranium 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 Mega is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mega Uranium 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 Mega Uranium stock prices may prove useful in developing a viable investing in Mega Uranium
Last ReportedProjected for Next Year
Common Stock Shares Outstanding422.7 M443.9 M
Net Loss-9.6 M-9.2 M

Mega Uranium Quarterly Net Working Capital

14.17 Million

Mega Uranium Stock Technical Analysis

Mega Uranium 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.
A focus of Mega Uranium technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mega Uranium trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Mega Uranium Period Price Range

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mega Uranium cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Mega Uranium December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Mega Uranium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mega Uranium shares will generate the highest return on investment. By undertsting and applying Mega Uranium stock market strength indicators, traders can identify Mega Uranium entry and exit signals to maximize returns

Mega Uranium Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mega Uranium's price direction in advance. Along with the technical and fundamental analysis of Mega Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mega 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.

Other Information on Investing in Mega Stock

Mega Uranium financial ratios help investors to determine whether Mega Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mega with respect to the benefits of owning Mega Uranium security.