3M Stock Forecast - Market Facilitation Index
| MMM Stock | EUR 121.58 1.50 1.22% |
3M Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of 3M's historical fundamentals, such as revenue growth or operating cash flow patterns.
3M |
| Check 3M Volatility | Backtest 3M | Information Ratio |
3M Trading Date Momentum
| On November 24 2024 3M Company was traded for 121.58 at the closing time. The highest daily price throughout the period was 122.56 and the lowest price was 120.66 . There was no trading activity during the period 0.0. Lack of trading volume on 11/24/2024 had no effect on price fluctuation. The daily price change to current closing price is 0.64% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for 3M
For every potential investor in 3M, whether a beginner or expert, 3M's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. 3M Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in 3M. Basic forecasting techniques help filter out the noise by identifying 3M's price trends.3M 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 3M stock to make a market-neutral strategy. Peer analysis of 3M could also be used in its relative valuation, which is a method of valuing 3M by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
3M Company 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 3M's 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 3M's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
3M Market Strength Events
Market strength indicators help investors to evaluate how 3M stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 3M shares will generate the highest return on investment. By undertsting and applying 3M stock market strength indicators, traders can identify 3M Company entry and exit signals to maximize returns.
3M Risk Indicators
The analysis of 3M's 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 3M's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting 3m 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.
| Mean Deviation | 1.01 | |||
| Semi Deviation | 1.12 | |||
| Standard Deviation | 1.41 | |||
| Variance | 1.98 | |||
| Downside Variance | 1.54 | |||
| Semi Variance | 1.25 | |||
| Expected Short fall | (1.05) |
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.
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Additional Information and Resources on Investing in 3M Stock
When determining whether 3M Company is a strong investment it is important to analyze 3M's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 3M's future performance. For an informed investment choice regarding 3M Stock, refer to the following important reports:Check out Historical Fundamental Analysis of 3M to cross-verify your projections. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.