Metlife Stock Price on April 9, 2024
| MET Stock | USD 71.53 1.11 1.58% |
Below is the normalized historical share price chart for MetLife extending back to April 05, 2000. 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 MetLife stands at 71.53, as last reported on the 29th of April, with the highest price reaching 71.66 and the lowest price hitting 70.13 during the day.
If you're considering investing in MetLife Stock, it is important to understand the factors that can impact its price. We consider MetLife very steady. MetLife has Sharpe Ratio of 0.0092, which conveys that the firm had a 0.0092% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MetLife, which you can use to evaluate the volatility of the firm. Please verify MetLife's Downside Deviation of 1.44, risk adjusted performance of 0.0232, and Mean Deviation of 0.8574 to check out if the risk estimate we provide is consistent with the expected return of 0.0109%.
At this time, MetLife's Common Stock Shares Outstanding is comparatively stable compared to the past year. Total Stockholder Equity is likely to gain to about 46.4 B in 2024, whereas Common Stock Total Equity is likely to drop slightly above 11 M in 2024. . At this time, MetLife's Price Earnings Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 1.75 in 2024, whereas Price Sales Ratio is likely to drop 0.72 in 2024. MetLife Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of April 2000 | 200 Day MA 65.7434 | 50 Day MA 71.351 | Beta 1.033 |
MetLife |
Sharpe Ratio = 0.0092
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MET |
Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.01 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 MetLife 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 MetLife by adding MetLife to a well-diversified portfolio.
Price Book 1.6896 | Price Sales 0.758 | Shares Float 603.7 M | Dividend Share 2.06 | Wall Street Target Price 85.03 |
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MetLife Valuation on April 9, 2024
It is possible to determine the worth of MetLife on a given historical date. On April 9, 2024 MetLife was worth 74.06 at the beginning of the trading date compared to the closed value of 72.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MetLife stock. Still, in general, we apply an absolute valuation method to find MetLife'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 MetLife where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MetLife's related companies.
| Open | High | Low | Close | Volume | |
| 73.66 | 74.01 | 73.36 | 73.78 | 2,055,107 | |
04/09/2024 | 74.06 | 74.17 | 72.25 | 72.88 | 2,373,303 |
| 72.20 | 72.34 | 71.32 | 71.91 | 2,585,344 |
| Backtest MetLife | | | MetLife History | | | MetLife Valuation | Previous | Next |
MetLife Trading Date Momentum on April 9, 2024
| On April 10 2024 MetLife was traded for 71.91 at the closing time. Highest MetLife's price during the trading hours was 72.34 and the lowest price during the day was 71.32 . The net volume was 2.6 M. The overall trading history on the 10th of April contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.33% . The trading delta at closing time to current price is 3.65% . |
MetLife Fundamentals Correlations and Trends
By evaluating MetLife'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 MetLife's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MetLife financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MetLife Stock history
MetLife 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 MetLife is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MetLife 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 MetLife stock prices may prove useful in developing a viable investing in MetLife
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 762.3 M | 954.7 M | |
| Net Income Applicable To Common Shares | 2.7 B | 3.8 B |
MetLife Stock Technical Analysis
MetLife 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
MetLife Period Price Range
Low | April 9, 2024
| High |
74.06 | 72.88 |
MetLife April 29, 2024 Market Strength
Market strength indicators help investors to evaluate how MetLife stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MetLife shares will generate the highest return on investment. By undertsting and applying MetLife stock market strength indicators, traders can identify MetLife entry and exit signals to maximize returns
| Accumulation Distribution | 61436.45 | |||
| Daily Balance Of Power | (0.61) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 73.21 | |||
| Day Typical Price | 73.1 | |||
| Price Action Indicator | (0.92) | |||
| Period Momentum Indicator | (1.35) |
MetLife Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MetLife's price direction in advance. Along with the technical and fundamental analysis of MetLife Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MetLife 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 | 0.0232 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0432 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MetLife. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy MetLife Stock please use our How to Invest in MetLife guide.Note that the MetLife information on this page should be used as a complementary analysis to other MetLife's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for MetLife Stock analysis
When running MetLife's price analysis, check to measure MetLife'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 MetLife is operating at the current time. Most of MetLife's value examination focuses on studying past and present price action to predict the probability of MetLife's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MetLife's price. Additionally, you may evaluate how the addition of MetLife to your portfolios can decrease your overall portfolio volatility.
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Is MetLife's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MetLife. If investors know MetLife will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MetLife listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.61) | Dividend Share 2.06 | Earnings Share 1.81 | Revenue Per Share 88.295 | Quarterly Revenue Growth 0.219 |
The market value of MetLife is measured differently than its book value, which is the value of MetLife that is recorded on the company's balance sheet. Investors also form their own opinion of MetLife's value that differs from its market value or its book value, called intrinsic value, which is MetLife's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MetLife's market value can be influenced by many factors that don't directly affect MetLife's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MetLife's value and its price as these two are different measures arrived at by different means. Investors typically determine if MetLife is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MetLife's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.