Mueller Industries Stock Price on September 9, 2024

MLI Stock  USD 87.90  3.80  4.14%   
Below is the normalized historical share price chart for Mueller Industries extending back to February 25, 1991. 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 Mueller Industries stands at 87.90, as last reported on the 25th of November, with the highest price reaching 89.47 and the lowest price hitting 85.51 during the day.
IPO Date
25th of February 1991
200 Day MA
63.7371
50 Day MA
79.5848
Beta
1.021
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Mueller Stock, it is important to understand the factors that can impact its price. Mueller Industries appears to be very steady, given 3 months investment horizon. Mueller Industries has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mueller Industries, which you can use to evaluate the volatility of the firm. Please exercise Mueller Industries' Downside Deviation of 1.81, risk adjusted performance of 0.1184, and Mean Deviation of 1.68 to check out if our risk estimates are consistent with your expectations.
  
As of now, Mueller Industries' Stock Based Compensation is increasing as compared to previous years. The Mueller Industries' current Stock Based Compensation To Revenue is estimated to increase to 0.01, while Common Stock Shares Outstanding is projected to decrease to under 99.7 M. . As of now, Mueller Industries' Price Sales Ratio is increasing as compared to previous years. Mueller Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1426

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Estimated Market Risk

 2.83
  actual daily
25
75% of assets are more volatile

Expected Return

 0.4
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Mueller Industries is performing at about 11% of its full potential. 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 Mueller Industries by adding it to a well-diversified portfolio.
Price Book
3.7326
Enterprise Value Ebitda
10.5198
Price Sales
2.7944
Shares Float
110.9 M
Dividend Share
0.75

Mueller Industries Valuation on September 9, 2024

It is possible to determine the worth of Mueller Industries on a given historical date. On September 9, 2024 Mueller was worth 66.42 at the beginning of the trading date compared to the closed value of 66.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mueller Industries stock. Still, in general, we apply an absolute valuation method to find Mueller Industries' 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 Mueller Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mueller Industries' related companies.
 Open High Low Close Volume
  66.81    67.80    65.72    65.89    715,704  
09/09/2024
  66.42    67.47    66.16    66.85    663,328  
  66.95    67.40    66.19    67.13    601,956  
Backtest Mueller Industries  |  Mueller Industries History  |  Mueller Industries Valuation   PreviousNext  
Open Value
66.42
66.85
Closing Value
74.90
Upside

Mueller Industries Trading Date Momentum on September 9, 2024

On September 10 2024 Mueller Industries was traded for  67.13  at the closing time. Highest Mueller Industries's price during the trading hours was 67.40  and the lowest price during the day was  66.19 . The net volume was 602 K. The overall trading history on the 10th of September contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.42% . The trading delta at closing time to current price is 9.07% .

Mueller Industries Fundamentals Correlations and Trends

By evaluating Mueller Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mueller Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mueller financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Mueller Industries Stock history

Mueller Industries 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 Mueller is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mueller Industries 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 Mueller Industries stock prices may prove useful in developing a viable investing in Mueller Industries
Last ReportedProjected for Next Year
Common Stock Shares Outstanding113.7 M99.7 M
Net Income Applicable To Common Shares757.1 M794.9 M

Mueller Industries Quarterly Net Working Capital

1.52 Billion

Mueller Industries Stock Technical Analysis

Mueller Industries 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.
A focus of Mueller Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mueller Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Mueller Industries Period Price Range

Low
November 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Mueller Industries cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Mueller Industries November 25, 2024 Market Strength

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 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mueller Industries' price direction in advance. Along with the technical and fundamental analysis of Mueller Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mueller 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.

Complementary Tools for Mueller Stock analysis

When running Mueller Industries' price analysis, check to measure Mueller Industries' 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 Mueller Industries is operating at the current time. Most of Mueller Industries' value examination focuses on studying past and present price action to predict the probability of Mueller Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mueller Industries' price. Additionally, you may evaluate how the addition of Mueller Industries to your portfolios can decrease your overall portfolio volatility.
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