Metro AG (Germany) Price on November 2, 2023
B4B3 Stock | 4.96 0.14 2.90% |
If you're considering investing in Metro Stock, it is important to understand the factors that can impact its price. As of today, the current price of Metro AG stands at 4.96, as last reported on the 27th of December, with the highest price reaching 4.96 and the lowest price hitting 4.82 during the day. Metro AG has Sharpe Ratio of -0.0101, which conveys that the firm had a -0.0101% return per unit of risk over the last 3 months. Metro AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metro AG's Mean Deviation of 1.87, standard deviation of 3.15, and insignificant Risk Adjusted Performance to check out the risk estimate we provide.
Metro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Metro |
Sharpe Ratio = -0.0101
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Estimated Market Risk
3.53 actual daily | 31 69% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Metro AG 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 Metro AG by adding Metro AG to a well-diversified portfolio.
Metro AG Valuation on November 2, 2023
It is possible to determine the worth of Metro AG on a given historical date. On November 2, 2023 Metro was worth 5.64 at the beginning of the trading date compared to the closed value of 5.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Metro AG stock. Still, in general, we apply an absolute valuation method to find Metro AG'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 AG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Metro AG's related companies.
Open | High | Low | Close | Volume | |
5.68 | 5.68 | 5.68 | 5.68 | 7.00 | |
11/02/2023 | 5.64 | 5.64 | 5.38 | 5.46 | 607.00 |
5.55 | 5.82 | 5.55 | 5.82 | 3,509 |
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Metro AG Trading Date Momentum on November 2, 2023
On November 03 2023 Metro AG was traded for 5.82 at the closing time. The highest price during the trading period was 5.82 and the lowest recorded bid was listed for 5.55 . The volume for the day was 3.5 K. This history from November 3, 2023 contributed to the next trading day price growth. The overall trading delta to the next closing price was 6.59% . The trading delta at closing time to the current price is 4.95% . |
Metro AG Fundamentals Correlations and Trends
By evaluating Metro AG'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 AG'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 AG Stock history
Metro AG 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 AG 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 AG stock prices may prove useful in developing a viable investing in Metro AG
Metro AG Stock Technical Analysis
Metro AG 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 AG Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Metro AG cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA 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.
Metro AG December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Metro AG 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 AG shares will generate the highest return on investment. By undertsting and applying Metro AG stock market strength indicators, traders can identify Metro AG entry and exit signals to maximize returns
Metro AG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Metro AG'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) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.22) | |||
Treynor Ratio | (2.27) |
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Complementary Tools for Metro Stock analysis
When running Metro AG's price analysis, check to measure Metro AG'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 Metro AG is operating at the current time. Most of Metro AG's value examination focuses on studying past and present price action to predict the probability of Metro AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metro AG's price. Additionally, you may evaluate how the addition of Metro AG to your portfolios can decrease your overall portfolio volatility.
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