Mrc Global Stock Performance
| MRC Stock | USD 13.96 0.05 0.36% |
MRC Global has a performance score of 6 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 1.97, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MRC Global will likely underperform. MRC Global currently owns a risk of 2.43%. Please verify MRC Global downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if MRC Global will be following its current price history.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in MRC Global are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather weak basic indicators, MRC Global may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Actual Historical Performance (%)
One Day Return (0.36) | Five Day Return (0.57) | Year To Date Return 24.42 | Ten Year Return (28.30) | All Time Return (33.65) |
1 | MRC Global AnnouncesMoodys Upgrade in Credit Rating To B1 from B2, Outlook Stable | 10/15/2024 |
2 | MRC Global Inc Q3 2024 Earnings Report Preview What To Look For | 11/04/2024 |
3 | What To Expect From MRC Global Inc Q3 2024 Earnings | 11/05/2024 |
4 | MRC Global Inc Q3 2024 Earnings Call Highlights Navigating Challenges with Strategic ... | 11/07/2024 |
5 | MRC Global Inc. Q3 2024 Earnings Call Transcript | 11/08/2024 |
6 | Disposition of 3214 shares by Rance Long of MRC Global at 10.07 subject to Rule 16b-3 | 11/14/2024 |
7 | Heres Why You Should Avoid Investing in MRC Global Stock Now | 11/22/2024 |
8 | CheckedUp Joins as Member of Media Rating Council , CEO Designated Board Representative | 11/25/2024 |
| Begin Period Cash Flow | 32 M |
MRC |
MRC Global Relative Risk vs. Return Landscape
If you would invest 1,261 in MRC Global on August 31, 2024 and sell it today you would earn a total of 135.00 from holding MRC Global or generate 10.71% return on investment over 90 days. MRC Global is generating 0.1892% of daily returns assuming volatility of 2.4309% on return distribution over 90 days investment horizon. In other words, 21% of stocks are less volatile than MRC, and above 97% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
MRC Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for MRC Global's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as MRC Global, and traders can use it to determine the average amount a MRC Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0778
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average MRC Global is performing at about 6% 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 MRC Global by adding it to a well-diversified portfolio.
MRC Global Fundamentals Growth
MRC Stock prices reflect investors' perceptions of the future prospects and financial health of MRC Global, and MRC Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on MRC Stock performance.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0505 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 1.77 B | ||||
| Shares Outstanding | 85.24 M | ||||
| Price To Earning | 37.32 X | ||||
| Price To Book | 2.14 X | ||||
| Price To Sales | 0.37 X | ||||
| Revenue | 3.41 B | ||||
| Gross Profit | 610 M | ||||
| EBITDA | 225 M | ||||
| Net Income | 114 M | ||||
| Cash And Equivalents | 29 M | ||||
| Cash Per Share | 0.35 X | ||||
| Total Debt | 521 M | ||||
| Debt To Equity | 0.77 % | ||||
| Current Ratio | 1.91 X | ||||
| Book Value Per Share | 6.54 X | ||||
| Cash Flow From Operations | 181 M | ||||
| Earnings Per Share | 0.87 X | ||||
| Market Capitalization | 1.19 B | ||||
| Total Asset | 1.89 B | ||||
| Retained Earnings | (678 M) | ||||
| Working Capital | 372 M | ||||
| Current Asset | 1.41 B | ||||
| Current Liabilities | 445 M | ||||
About MRC Global Performance
By analyzing MRC Global's fundamental ratios, stakeholders can gain valuable insights into MRC Global's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if MRC Global has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if MRC Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 75.09 | 90.55 | |
| Return On Tangible Assets | 0.08 | 0.08 | |
| Return On Capital Employed | 0.17 | 0.18 | |
| Return On Assets | 0.06 | 0.06 | |
| Return On Equity | 0.14 | 0.14 |
Things to note about MRC Global performance evaluation
Checking the ongoing alerts about MRC Global for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for MRC Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| MRC Global is unlikely to experience financial distress in the next 2 years | |
| MRC Global has a strong financial position based on the latest SEC filings | |
| Over 97.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: CheckedUp Joins as Member of Media Rating Council , CEO Designated Board Representative |
- Analyzing MRC Global's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether MRC Global's stock is overvalued or undervalued compared to its peers.
- Examining MRC Global's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating MRC Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of MRC Global's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of MRC Global's stock. These opinions can provide insight into MRC Global's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for MRC Stock analysis
When running MRC Global's price analysis, check to measure MRC Global'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 MRC Global is operating at the current time. Most of MRC Global's value examination focuses on studying past and present price action to predict the probability of MRC Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MRC Global's price. Additionally, you may evaluate how the addition of MRC Global to your portfolios can decrease your overall portfolio volatility.
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