Murphy Oil Corp Price on February 28, 2024

626717AA0   101.88  2.32  2.23%   
If you're considering investing in Murphy Bond, it is important to understand the factors that can impact its price. As of today, the current price of Murphy stands at 101.88, as last reported on the 25th of November, with the highest price reaching 101.88 and the lowest price hitting 101.88 during the day. Murphy Oil Corp has Sharpe Ratio of -0.0204, which conveys that the entity had a -0.0204% return per unit of risk over the last 3 months. Murphy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Murphy's Mean Deviation of 1.09, standard deviation of 1.94, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide.
  
Murphy Bond price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0204

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Estimated Market Risk

 1.31
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Murphy 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 Murphy by adding Murphy to a well-diversified portfolio.

Murphy Valuation on February 28, 2024

It is possible to determine the worth of Murphy on a given historical date. On February 28, 2024 Murphy was worth 101.58 at the beginning of the trading date compared to the closed value of 101.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Murphy bond. Still, in general, we apply an absolute valuation method to find Murphy'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 Murphy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Murphy's related companies.
 Open High Low Close Volume
  103.88    103.88    103.88    103.88    1.00  
02/28/2024
  101.58    101.58    101.58    101.58    1.00  
  103.68    103.68    103.68    103.68    1.00  
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Open Value
101.58
101.58
Closing Value
105.52
Upside

Murphy Trading Date Momentum on February 28, 2024

On February 29 2024 Murphy Oil Corp was traded for  103.68  at the closing time. The highest price during the trading period was 103.68  and the lowest recorded bid was listed for  103.68 . There was no trading activity during the period 1.0. Lack of trading volume on February 29, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 2.07% . The trading delta at closing time to the current price is 2.38% .

About Murphy Bond history

Murphy 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 Murphy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Murphy Oil Corp 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 Murphy stock prices may prove useful in developing a viable investing in Murphy

Murphy Bond Technical Analysis

Murphy technical bond 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, bond market cycles, or different charting patterns.
A focus of Murphy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Murphy 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

Murphy Period Price Range

Low
November 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Murphy Oil Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Bond 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.

Murphy November 25, 2024 Market Strength

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

Murphy Technical and Predictive Indicators

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

Other Information on Investing in Murphy Bond

Murphy financial ratios help investors to determine whether Murphy Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Murphy with respect to the benefits of owning Murphy security.