Murphy Oil Stock Statistic Functions Beta
| MUR Stock | USD 39.37 0.37 0.95% |
| Symbol |
This analysis covers thirty-seven data points across the selected time horizon. The Beta measures systematic risk based on how returns on Murphy Oil correlated with the market. If Beta is less than 0 Murphy Oil generally moves in the opposite direction as compared to the market. If Murphy Oil Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Murphy Oil is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Murphy Oil is generally in the same direction as the market. If Beta > 1 Murphy Oil moves generally in the same direction as, but more than the movement of the benchmark.
Murphy Oil Technical Analysis Modules
Murphy Oil technical signals are derived from historical patterns that have statistical relevance for anticipating short-to-medium term price behavior. Volatility-adjusted signals tend to be more reliable than raw price-level triggers during regime transitions.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Technical Indicator Methodology & Signal Interpretation
Statistical functions applied to Murphy Oil's price data quantify trend strength, dispersion, and correlation properties. Divergences between this indicator group and price direction can precede regime transitions.
Murphy Oil analytics rely on periodic company reporting and market reference feeds, with quality checks and normalization applied. Analyst inputs may be included when coverage is available.
Editorial review and methodology oversight provided by: Rifka Kats, Member of Macroaxis Editorial Board