3m Company Stock Alpha and Beta Analysis
| MMM Stock | USD 130.32 1.90 1.48% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as 3M Company. It also helps investors analyze the systematic and unsystematic risks associated with investing in 3M over a specified time horizon. Remember, high 3M's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to 3M's market risk premium analysis include:
Beta 1.24 | Alpha (0.14) | Risk 1.42 | Sharpe Ratio (0.01) | Expected Return (0.02) |
3M Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
3M |
3M Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. 3M market risk premium is the additional return an investor will receive from holding 3M long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in 3M. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate 3M's performance over market.| α | -0.14 | β | 1.24 |
3M expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of 3M's Buy-and-hold return. Our buy-and-hold chart shows how 3M performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.3M Market Price Analysis
Market price analysis 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 understating and applying 3M stock market price indicators, traders can identify 3M position entry and exit signals to maximize returns.
3M Return and Market Media
The median price of 3M for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 132.21 with a coefficient of variation of 2.51. The daily time series for the period is distributed with a sample standard deviation of 3.3, arithmetic mean of 131.56, and mean deviation of 2.78. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Insider Trading | 08/30/2024 |
2 | Disposition of 30131 shares by Monish Patolawala of 3M subject to Rule 16b-3 | 09/06/2024 |
| 3M dividend paid on 12th of September 2024 | 09/12/2024 |
3 | 3M Co Q3 Earnings Adjusted EPS of 1.98 Beats Estimates, Revenue Hits 6.3 Billion | 10/22/2024 |
4 | 3M Releases Quarterly Earnings Results, Beats Estimates By 0.05 EPS | 10/23/2024 |
5 | Valmark Advisers Inc. Acquires 147 Shares of 3M | 10/31/2024 |
6 | Beacon Financial Advisory LLC Sells 216 Shares of 3M | 11/06/2024 |
7 | 3M Stock Position Raised by Proffitt Goodson Inc. | 11/11/2024 |
8 | Mizuho Securities Co. Ltd. Has 48,000 Holdings in 3M | 11/13/2024 |
9 | 3M Rises 23.4 percent in 6 Months Time to Buy or Hold the Stock | 11/18/2024 |
10 | 3M Position Decreased by Nuance Investments LLC | 11/20/2024 |
11 | Cypress Capital Group Purchases 1,979 Shares of 3M | 11/21/2024 |
12 | Pick Honeywell Over 3M Stock | 11/22/2024 |
About 3M Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including 3M or other stocks. Alpha measures the amount that position in 3M Company has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
3M Upcoming Company Events
As portrayed in its financial statements, the presentation of 3M's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, 3M's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of 3M's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of 3M. Please utilize our Beneish M Score to check the likelihood of 3M's management manipulating its earnings.
| 23rd of April 2024 Upcoming Quarterly Report | View | |
| 23rd of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 28th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Build Portfolio with 3M
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Align your risk with return expectations
Check out 3M Backtesting, 3M Valuation, 3M Correlation, 3M Hype Analysis, 3M Volatility, 3M History and analyze 3M Performance. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
3M 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.