Marathon Oil (Mexico) Price on September 28, 2023
| MRO Stock | MXN 564.00 0.00 0.00% |
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 Oil stands at 564.00, as last reported on the 13th of December 2024, with the highest price reaching 564.00 and the lowest price hitting 564.00 during the day. At this stage we consider Marathon Stock to be very steady. Marathon Oil has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Marathon Oil, which you can use to evaluate the volatility of the firm. Please verify Marathon Oil's Standard Deviation of 0.9226, risk adjusted performance of 0.1119, and Mean Deviation of 0.3572 to check out if the risk estimate we provide is consistent with the expected return of 0.1%.
Marathon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Marathon |
Sharpe Ratio = 0.1101
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Estimated Market Risk
| 0.93 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Marathon Oil is performing at about 8% 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 Marathon Oil by adding it to a well-diversified portfolio.
Marathon Oil Valuation on September 28, 2023
It is possible to determine the worth of Marathon Oil on a given historical date. On September 28, 2023 Marathon was worth 475.87 at the beginning of the trading date compared to the closed value of 475.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Marathon Oil stock. Still, in general, we apply an absolute valuation method to find Marathon Oil'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 Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Marathon Oil's related companies.
| Open | High | Low | Close | Volume | |
| 462.15 | 475.87 | 462.15 | 475.87 | 3,197 | |
09/28/2023 | 475.87 | 475.87 | 475.87 | 475.87 | 1.00 |
| 460.11 | 487.33 | 460.11 | 487.33 | 7,046 |
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Marathon Oil Trading Date Momentum on September 28, 2023
| On September 29 2023 Marathon Oil was traded for 487.33 at the closing time. The maximum traded price for the trading interval was 487.33 and the lowest daily price was 460.11 . The daily volume was recorded at 7 K. The volume of trading on 29th of September 2023 played a part in the next trading day price jump. The trading delta at closing time to the next closing price was 2.41% . The trading delta at closing time to the closing price today is 8.46% . |
Marathon Oil Fundamentals Correlations and Trends
By evaluating Marathon Oil'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 Oil'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 Oil Stock history
Marathon Oil 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 Oil 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 Oil stock prices may prove useful in developing a viable investing in Marathon Oil
Marathon Oil Corporation operates as an independent exploration and production company in the United States and Equatorial Guinea. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas. MARATHON OIL operates under Oil Gas EP classification in Mexico and is traded on Mexico Stock Exchange. It employs 1672 people.
Marathon Oil Stock Technical Analysis
Marathon Oil 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 Oil Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Marathon Oil cannot be verified against its exchange. Please verify the symbol is currently traded on Mexican 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 Oil December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Marathon Oil 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 Oil shares will generate the highest return on investment. By undertsting and applying Marathon Oil stock market strength indicators, traders can identify Marathon Oil entry and exit signals to maximize returns
Marathon Oil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Marathon Oil'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 | 0.1119 | |||
| Jensen Alpha | 0.136 | |||
| Total Risk Alpha | 2.0E-4 | |||
| Treynor Ratio | (2.01) |
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Additional Tools for Marathon Stock Analysis
When running Marathon Oil's price analysis, check to measure Marathon Oil'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 Oil is operating at the current time. Most of Marathon Oil's value examination focuses on studying past and present price action to predict the probability of Marathon Oil'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 Oil's price. Additionally, you may evaluate how the addition of Marathon Oil to your portfolios can decrease your overall portfolio volatility.