Marathon Petroleum (Brazil) Price on March 8, 2024
M1PC34 Stock | 912.33 2.67 0.29% |
If you're considering investing in Marathon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Marathon Petroleum stands at 912.33, as last reported on the 11th of December 2024, with the highest price reaching 912.33 and the lowest price hitting 912.33 during the day. Marathon Petroleum has Sharpe Ratio of -0.0842, which conveys that the firm had a -0.0842% return per unit of risk over the last 3 months. Marathon Petroleum exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Marathon Petroleum's Mean Deviation of 0.4397, standard deviation of 1.18, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide.
Marathon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Marathon |
Sharpe Ratio = -0.0842
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Negative Returns | M1PC34 |
Estimated Market Risk
1.22 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Marathon Petroleum 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 Marathon Petroleum by adding Marathon Petroleum to a well-diversified portfolio.
Marathon Petroleum Valuation on March 8, 2024
It is possible to determine the worth of Marathon Petroleum on a given historical date. On March 8, 2024 Marathon was worth 887.56 at the beginning of the trading date compared to the closed value of 887.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Marathon Petroleum stock. Still, in general, we apply an absolute valuation method to find Marathon Petroleum'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 Marathon Petroleum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Marathon Petroleum's related companies.
Open | High | Low | Close | Volume | |
861.64 | 861.64 | 861.64 | 861.64 | 1.00 | |
03/08/2024 | 887.56 | 887.56 | 887.56 | 887.56 | 4.00 |
892.74 | 892.74 | 892.74 | 892.74 | 20.00 |
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Marathon Petroleum Trading Date Momentum on March 8, 2024
On March 11 2024 Marathon Petroleum was traded for 892.74 at the closing time. The highest price during the trading period was 892.74 and the lowest recorded bid was listed for 892.74 . The volume for the day was 20.0. This history from March 11, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.58% . The trading delta at closing time to the current price is 9.98% . |
Marathon Petroleum Fundamentals Correlations and Trends
By evaluating Marathon Petroleum'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 Marathon Petroleum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Marathon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Marathon Petroleum Stock history
Marathon Petroleum 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 Marathon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Marathon Petroleum 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 Marathon Petroleum stock prices may prove useful in developing a viable investing in Marathon Petroleum
Marathon Petroleum Stock Technical Analysis
Marathon Petroleum 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
Marathon Petroleum Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Marathon Petroleum cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.
Marathon Petroleum December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Marathon Petroleum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Marathon Petroleum shares will generate the highest return on investment. By undertsting and applying Marathon Petroleum stock market strength indicators, traders can identify Marathon Petroleum entry and exit signals to maximize returns
Marathon Petroleum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Marathon Petroleum's price direction in advance. Along with the technical and fundamental analysis of Marathon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Marathon 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 | (0.06) | |||
Jensen Alpha | (0.10) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | 5.74 |
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Complementary Tools for Marathon Stock analysis
When running Marathon Petroleum's price analysis, check to measure Marathon Petroleum'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 Marathon Petroleum is operating at the current time. Most of Marathon Petroleum's value examination focuses on studying past and present price action to predict the probability of Marathon Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marathon Petroleum's price. Additionally, you may evaluate how the addition of Marathon Petroleum to your portfolios can decrease your overall portfolio volatility.
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