Mueller Industries Stock Forecast - Relative Strength Index

MLI Stock  USD 87.90  3.80  4.14%   
Mueller Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Mueller Industries' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The Mueller Industries' current Payables Turnover is estimated to increase to 23.85, while Inventory Turnover is projected to decrease to 5.60. . The Mueller Industries' current Net Income Applicable To Common Shares is estimated to increase to about 794.9 M, while Common Stock Shares Outstanding is projected to decrease to under 99.7 M.
Mueller Industries has current Relative Strength Index of 81.18.
Check Mueller Industries VolatilityBacktest Mueller IndustriesInformation Ratio  

Mueller Industries Trading Date Momentum

On November 24 2024 Mueller Industries was traded for  87.90  at the closing time. Highest Mueller Industries's price during the trading hours was 89.47  and the lowest price during the day was  85.51 . There was no trading activity during the period 0.0. Lack of trading volume on the 24th of November did not cause price change. The trading delta at closing time to current price is 1.51% .
Compare Mueller Industries to competition

Other Forecasting Options for Mueller Industries

For every potential investor in Mueller, whether a beginner or expert, Mueller Industries' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Mueller Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Mueller. Basic forecasting techniques help filter out the noise by identifying Mueller Industries' price trends.

Mueller Industries Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Mueller Industries stock to make a market-neutral strategy. Peer analysis of Mueller Industries could also be used in its relative valuation, which is a method of valuing Mueller Industries by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Mueller Industries Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Mueller Industries' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Mueller Industries' current price.

Mueller Industries Market Strength Events

Market strength indicators help investors to evaluate how Mueller Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mueller Industries shares will generate the highest return on investment. By undertsting and applying Mueller Industries stock market strength indicators, traders can identify Mueller Industries entry and exit signals to maximize returns.

Mueller Industries Risk Indicators

The analysis of Mueller Industries' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Mueller Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mueller stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether Mueller Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mueller Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mueller Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mueller Industries Stock:
Check out Historical Fundamental Analysis of Mueller Industries to cross-verify your projections.
For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Industrial Machinery & Supplies & Components space 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 Mueller Industries. If investors know Mueller 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 Mueller Industries 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
0.265
Dividend Share
0.75
Earnings Share
5.14
Revenue Per Share
32.118
Quarterly Revenue Growth
0.217
The market value of Mueller Industries is measured differently than its book value, which is the value of Mueller that is recorded on the company's balance sheet. Investors also form their own opinion of Mueller Industries' value that differs from its market value or its book value, called intrinsic value, which is Mueller Industries' 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 Mueller Industries' market value can be influenced by many factors that don't directly affect Mueller Industries' 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 Mueller Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mueller Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mueller Industries' 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.