Metalex Ventures Stock Price on May 29, 2023
| MTX Stock | CAD 0.02 0.01 33.33% |
Below is the normalized historical share price chart for Metalex Ventures extending back to April 04, 1997. 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 Metalex Ventures stands at 0.02, as last reported on the 14th of December 2024, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day.
If you're considering investing in Metalex Stock, it is important to understand the factors that can impact its price. Metalex Ventures is out of control given 3 months investment horizon. Metalex Ventures has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2% return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 9.64% are justified by taking the suggested risk. Use Metalex Ventures Downside Deviation of 50.92, mean deviation of 36.3, and Risk Adjusted Performance of 0.1706 to evaluate company specific risk that cannot be diversified away.
At this time, Metalex Ventures' Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 246.2 M in 2024, whereas Common Stock is likely to drop slightly above 74.3 M in 2024. . Price Earnings Ratio is likely to drop to -1.42 in 2024. Price Book Value Ratio is likely to drop to 0.43 in 2024. Metalex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0161 | 50 Day MA 0.0176 | Beta 0.824 |
Metalex |
Sharpe Ratio = 0.199
| Best Portfolio | Best Equity | MTX | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 48.41 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Metalex Ventures is performing at about 15% 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 Metalex Ventures by adding it to a well-diversified portfolio.
Price Book 0.9203 | Book Value 0.022 | Enterprise Value 4.4 M | Enterprise Value Ebitda (10.94) | Shares Float 152.1 M |
Metalex Ventures Valuation on May 29, 2023
It is possible to determine the worth of Metalex Ventures on a given historical date. On May 29, 2023 Metalex was worth 0.05 at the beginning of the trading date compared to the closed value of 0.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metalex Ventures stock. Still, in general, we apply an absolute valuation method to find Metalex Ventures' 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 Metalex Ventures where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metalex Ventures' related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.05 | 0.04 | 0.05 | 9,000 | |
05/29/2023 | 0.05 | 0.05 | 0.05 | 0.05 | 1.00 |
| 0.04 | 0.05 | 0.04 | 0.05 | 51,700 |
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Metalex Ventures Trading Date Momentum on May 29, 2023
| On May 30 2023 Metalex Ventures was traded for 0.05 at the closing time. The highest daily price throughout the period was 0.05 and the lowest price was 0.04 . The daily volume was 51.7 K. The net trading volume on 05/30/2023 did not cause price change. The trading delta at closing time to current closing price is 10.00% . |
Metalex Ventures Fundamentals Correlations and Trends
By evaluating Metalex Ventures' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Metalex Ventures' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Metalex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Metalex Ventures Stock history
Metalex Ventures 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 Metalex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Metalex Ventures 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 Metalex Ventures stock prices may prove useful in developing a viable investing in Metalex Ventures
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 234.4 M | 246.2 M | |
| Net Loss | -1.4 M | -1.5 M |
Metalex Ventures Stock Technical Analysis
Metalex Ventures 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
Metalex Ventures Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Metalex Ventures cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Metalex Ventures December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Metalex Ventures stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Metalex Ventures shares will generate the highest return on investment. By undertsting and applying Metalex Ventures stock market strength indicators, traders can identify Metalex Ventures entry and exit signals to maximize returns
Metalex Ventures Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Metalex Ventures' price direction in advance. Along with the technical and fundamental analysis of Metalex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Metalex 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 | 0.1706 | |||
| Jensen Alpha | 10.04 | |||
| Total Risk Alpha | 4.76 | |||
| Sortino Ratio | 0.2113 | |||
| Treynor Ratio | 1.22 |
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Additional Tools for Metalex Stock Analysis
When running Metalex Ventures' price analysis, check to measure Metalex Ventures' 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 Metalex Ventures is operating at the current time. Most of Metalex Ventures' value examination focuses on studying past and present price action to predict the probability of Metalex Ventures' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metalex Ventures' price. Additionally, you may evaluate how the addition of Metalex Ventures to your portfolios can decrease your overall portfolio volatility.