MetaLabs (Korea) Price on November 4, 2024
090370 Stock | 1,325 18.00 1.34% |
If you're considering investing in MetaLabs Stock, it is important to understand the factors that can impact its price. As of today, the current price of MetaLabs stands at 1,325, as last reported on the 1st of December, with the highest price reaching 1,367 and the lowest price hitting 1,224 during the day. MetaLabs 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. MetaLabs exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MetaLabs' Standard Deviation of 2.37, risk adjusted performance of (0.11), and Mean Deviation of 1.68 to check out the risk estimate we provide.
MetaLabs Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MetaLabs |
Sharpe Ratio = -0.1681
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Negative Returns | 090370 |
Estimated Market Risk
2.35 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.4 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MetaLabs 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 MetaLabs by adding MetaLabs to a well-diversified portfolio.
MetaLabs Valuation on November 4, 2024
It is possible to determine the worth of MetaLabs on a given historical date. On November 4, 2024 MetaLabs was worth 1560.0 at the beginning of the trading date compared to the closed value of 1590.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MetaLabs stock. Still, in general, we apply an absolute valuation method to find MetaLabs' 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 MetaLabs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MetaLabs' related companies.
Open | High | Low | Close | Volume | |
1,597 | 1,597 | 1,541 | 1,560 | 14,945 | |
11/04/2024 | 1,560 | 1,629 | 1,560 | 1,590 | 6,451 |
1,589 | 1,650 | 1,572 | 1,574 | 8,850 |
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MetaLabs Trading Date Momentum on November 4, 2024
On November 05 2024 MetaLabs Co was traded for 1,574 at the closing time. The highest price during the trading period was 1,650 and the lowest recorded bid was listed for 1,572 . The volume for the day was 8.8 K. This history from November 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.01% . The trading delta at closing time to the current price is 5.53% . |
MetaLabs Fundamentals Correlations and Trends
By evaluating MetaLabs' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MetaLabs' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MetaLabs financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MetaLabs Stock history
MetaLabs 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 MetaLabs is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MetaLabs 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 MetaLabs stock prices may prove useful in developing a viable investing in MetaLabs
MetaLabs Stock Technical Analysis
MetaLabs 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
MetaLabs Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
MetaLabs Co cannot be verified against its exchange. Please verify the symbol is currently traded on Korea Stock 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.
MetaLabs December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how MetaLabs stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MetaLabs shares will generate the highest return on investment. By undertsting and applying MetaLabs stock market strength indicators, traders can identify MetaLabs Co entry and exit signals to maximize returns
MetaLabs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MetaLabs' price direction in advance. Along with the technical and fundamental analysis of MetaLabs Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MetaLabs 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 | (0.11) | |||
Jensen Alpha | (0.38) | |||
Total Risk Alpha | (0.75) | |||
Treynor Ratio | (1.90) |
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Volume Indicators |
Complementary Tools for MetaLabs Stock analysis
When running MetaLabs' price analysis, check to measure MetaLabs' 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 MetaLabs is operating at the current time. Most of MetaLabs' value examination focuses on studying past and present price action to predict the probability of MetaLabs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MetaLabs' price. Additionally, you may evaluate how the addition of MetaLabs to your portfolios can decrease your overall portfolio volatility.
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