Metro Inc Stock Price on October 21, 2024
| MRU Stock | CAD 92.35 0.12 0.13% |
Below is the normalized historical share price chart for Metro Inc extending back to May 17, 1990. 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 Metro stands at 92.35, as last reported on the 29th of November, with the highest price reaching 92.96 and the lowest price hitting 92.17 during the day.
If you're considering investing in Metro Stock, it is important to understand the factors that can impact its price. As of now, Metro Stock is very steady. Metro Inc has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Metro, which you can use to evaluate the volatility of the firm. Please verify Metro's Risk Adjusted Performance of 0.1357, downside deviation of 0.8539, and Mean Deviation of 0.6866 to check out if the risk estimate we provide is consistent with the expected return of 0.15%.
At this time, Metro's Total Stockholder Equity is very stable compared to the past year. As of the 29th of November 2024, Common Stock Shares Outstanding is likely to grow to about 234.1 M, while Other Stockholder Equity is likely to drop about 5.6 M. . At this time, Metro's Price To Sales Ratio is very stable compared to the past year. As of the 29th of November 2024, Price To Free Cash Flows Ratio is likely to grow to 17.65, while Price Earnings Ratio is likely to drop 11.22. Metro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 78.5281 | 50 Day MA 85.219 | Beta 0.074 |
Metro |
Sharpe Ratio = 0.1693
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Estimated Market Risk
| 0.9 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Metro is performing at about 13% 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 Metro by adding it to a well-diversified portfolio.
Price Book 2.9198 | Enterprise Value Ebitda 12.6047 | Price Sales 0.9601 | Shares Float 222.1 M | Wall Street Target Price 91 |
Metro Valuation on October 21, 2024
It is possible to determine the worth of Metro on a given historical date. On October 21, 2024 Metro was worth 84.49 at the beginning of the trading date compared to the closed value of 83.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metro stock. Still, in general, we apply an absolute valuation method to find Metro'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 Metro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metro's related companies.
| Open | High | Low | Close | Volume | |
| 84.60 | 85.06 | 84.10 | 84.42 | 457,047 | |
10/21/2024 | 84.49 | 84.51 | 83.48 | 83.62 | 549,500 |
| 83.08 | 83.88 | 82.25 | 83.78 | 274,300 |
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Metro Trading Date Momentum on October 21, 2024
| On October 22 2024 Metro Inc was traded for 83.78 at the closing time. The maximum traded price for the trading interval was 83.88 and the lowest daily price was 82.25 . The daily volume was recorded at 274.3 K. The volume of trading on 22nd of October 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 0.19% . The trading delta at closing time to the closing price today is 0.23% . |
Metro Inc Fundamentals Correlations and Trends
By evaluating Metro'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 Metro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Metro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Metro Stock history
Metro 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 Metro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metro Inc 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 Metro stock prices may prove useful in developing a viable investing in Metro
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 225.8 M | 234.1 M | |
| Net Income Applicable To Common Shares | 973 M | 856.6 M |
Metro Quarterly Net Working Capital |
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Metro Stock Technical Analysis
Metro 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
Metro Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Metro Inc 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.
Metro November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Metro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metro shares will generate the highest return on investment. By undertsting and applying Metro stock market strength indicators, traders can identify Metro Inc entry and exit signals to maximize returns
Metro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Metro's price direction in advance. Along with the technical and fundamental analysis of Metro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metro 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 | 0.1357 | |||
| Jensen Alpha | 0.1158 | |||
| Total Risk Alpha | 0.0119 | |||
| Sortino Ratio | 0.0337 | |||
| Treynor Ratio | 0.5861 |
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Other Information on Investing in Metro Stock
Metro financial ratios help investors to determine whether Metro 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 Metro with respect to the benefits of owning Metro security.