3M to cut 2,500 jobs as demand weakens, profit drops - Economic Times
MMM Stock | MXN 2,579 29.98 1.15% |
Slightly above 61% of 3M's investor base is looking to short. The analysis of current outlook of investing in 3M Company suggests that many traders are alarmed regarding 3M's prospects. 3M's investing sentiment can be driven by a variety of factors including economic data, 3M's earnings reports, geopolitical events, and overall market trends.
3M |
3M to cut 2,500 jobs as demand weakens, profit drops Economic Times
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3M Fundamental Analysis
We analyze 3M's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 3M using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 3M based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Five Year Return
Five Year Return Comparative Analysis
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
3M Company Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with 3M stock to make a market-neutral strategy. Peer analysis of 3M could also be used in its relative valuation, which is a method of valuing 3M by comparing valuation metrics with similar companies.
Peers
3M Related Equities
HOTEL | Grupo Hotelero | 4.74 | ||||
MU | Micron Technology | 1.92 | ||||
FIHO12 | FibraHotel | 1.11 | ||||
CTSH | Cognizant Technology | 0.00 | ||||
EDUN | New Oriental | 0.00 | ||||
GNW | Genworth Financial | 0.00 | ||||
GMXT | GMxico Transportes | 1.09 |
Additional Tools for 3M Stock Analysis
When running 3M's price analysis, check to measure 3M'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 3M is operating at the current time. Most of 3M's value examination focuses on studying past and present price action to predict the probability of 3M's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3M's price. Additionally, you may evaluate how the addition of 3M to your portfolios can decrease your overall portfolio volatility.