Morningstar Stock Price on November 6, 2024

MORN Stock  USD 352.76  6.55  1.89%   
Below is the normalized historical share price chart for Morningstar extending back to May 03, 2005. 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 Morningstar stands at 352.76, as last reported on the 26th of November, with the highest price reaching 352.94 and the lowest price hitting 347.74 during the day.
IPO Date
3rd of May 2005
200 Day MA
306.2686
50 Day MA
327.4908
Beta
1.182
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Morningstar Stock, it is important to understand the factors that can impact its price. Morningstar appears to be very steady, given 3 months investment horizon. Morningstar has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Morningstar, which you can use to evaluate the volatility of the firm. Please exercise Morningstar's Risk Adjusted Performance of 0.1044, downside deviation of 1.09, and Mean Deviation of 0.8833 to check out if our risk estimates are consistent with your expectations.
  
At this time, Morningstar's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 26th of November 2024, Common Stock is likely to grow to about 1.7 B, while Total Stockholder Equity is likely to drop about 705.6 M. . At this time, Morningstar's Price Sales Ratio is very stable compared to the past year. Morningstar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1559

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsMORN
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.38
  actual daily
12
88% of assets are more volatile

Expected Return

 0.22
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Morningstar is performing at about 12% 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 Morningstar by adding it to a well-diversified portfolio.
Price Book
9.4826
Enterprise Value Ebitda
23.1283
Price Sales
6.6794
Shares Float
24.8 M
Dividend Share
1.615

Related Headline

MSCI Headline on 6th of November 2024

Shares of MSCI Inc fell 3.45 percent in mid-day trading on Nov 6. The stock reached an intraday low of 559.63, before recovering slightly to 568.01, down

Morningstar Valuation on November 6, 2024

It is possible to determine the worth of Morningstar on a given historical date. On November 6, 2024 Morningstar was worth 345.41 at the beginning of the trading date compared to the closed value of 344.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Morningstar stock. Still, in general, we apply an absolute valuation method to find Morningstar'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 Morningstar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Morningstar's related companies.
 Open High Low Close Volume
  330.72    336.52    330.30    336.50    113,113  
11/06/2024
  345.41    346.10    335.67    344.41    142,185  
  344.00    345.50    338.29    343.27    75,929  
Backtest Morningstar  |  Morningstar History  |  Morningstar Valuation   PreviousNext  
Open Value
345.41
341.26
Downside
344.41
Closing Value
349.56
Upside

Morningstar Trading Date Momentum on November 6, 2024

On November 07 2024 Morningstar was traded for  343.27  at the closing time. The top price for the day was 345.50  and the lowest listed price was  338.29 . The trading volume for the day was 75.9 K. The trading history from November 7, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.33% . The trading delta at closing time against the current closing price is 2.52% .

Morningstar Fundamentals Correlations and Trends

By evaluating Morningstar'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 Morningstar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Morningstar financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Morningstar Stock history

Morningstar 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 Morningstar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Morningstar 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 Morningstar stock prices may prove useful in developing a viable investing in Morningstar
Last ReportedProjected for Next Year
Common Stock Shares Outstanding49.3 M49 M
Net Income Applicable To Common Shares85.2 M131.7 M

Morningstar Stock Technical Analysis

Morningstar 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 Morningstar technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Morningstar 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

Morningstar Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Morningstar cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Morningstar November 26, 2024 Market Strength

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

Morningstar Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Morningstar's price direction in advance. Along with the technical and fundamental analysis of Morningstar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Morningstar 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.
When determining whether Morningstar offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Morningstar's 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 Morningstar Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Morningstar Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Morningstar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Morningstar Stock, please use our How to Invest in Morningstar guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Financial Exchanges & Data 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 Morningstar. If investors know Morningstar 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 Morningstar 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
2.044
Dividend Share
1.615
Earnings Share
7.57
Revenue Per Share
51.995
Quarterly Revenue Growth
0.105
The market value of Morningstar is measured differently than its book value, which is the value of Morningstar that is recorded on the company's balance sheet. Investors also form their own opinion of Morningstar's value that differs from its market value or its book value, called intrinsic value, which is Morningstar's 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 Morningstar's market value can be influenced by many factors that don't directly affect Morningstar's 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 Morningstar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Morningstar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Morningstar's 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.