Mrc Global Stock Alpha and Beta Analysis
| MRC Stock | USD 14.05 0.01 0.07% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as MRC Global. It also helps investors analyze the systematic and unsystematic risks associated with investing in MRC Global over a specified time horizon. Remember, high MRC Global's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to MRC Global's market risk premium analysis include:
Beta 2.04 | Alpha (0.07) | Risk 2.49 | Sharpe Ratio 0.0578 | Expected Return 0.14 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
MRC |
MRC Global Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. MRC Global market risk premium is the additional return an investor will receive from holding MRC Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in MRC Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate MRC Global's performance over market.| α | -0.07 | β | 2.04 |
MRC Global expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of MRC Global's Buy-and-hold return. Our buy-and-hold chart shows how MRC Global performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.MRC Global Market Price Analysis
Market price analysis indicators help investors to evaluate how MRC Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MRC Global shares will generate the highest return on investment. By understating and applying MRC Global stock market price indicators, traders can identify MRC Global position entry and exit signals to maximize returns.
MRC Global Return and Market Media
The median price of MRC Global for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 12.61 with a coefficient of variation of 4.69. The daily time series for the period is distributed with a sample standard deviation of 0.6, arithmetic mean of 12.74, and mean deviation of 0.46. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | StockNews.com Downgrades MRC Global to Buy | 10/11/2024 |
2 | Media Rating Council Approves Nielsens Integration of First-Party Live Streaming Data Into TV Ratings Measurement | 11/01/2024 |
3 | MRC Global Inc Q3 2024 Earnings Report Preview What To Look For | 11/04/2024 |
4 | MRC Global AnnouncesThird Quarter 2024Results | 11/05/2024 |
5 | MRC Globals Q3 Earnings Surpass Estimates, Revenues Down YY | 11/06/2024 |
6 | MRC Global Inc Q3 2024 Earnings Call Highlights Navigating Challenges with Strategic ... | 11/07/2024 |
7 | Investing in MRC Dont Miss Assessing Its International Revenue Trends | 11/11/2024 |
8 | Disposition of 3214 shares by Rance Long of MRC Global at 10.07 subject to Rule 16b-3 | 11/14/2024 |
9 | Empowered Funds LLC Purchases Shares of 283,140 MRC Global Inc. - MarketBeat | 11/19/2024 |
About MRC Global Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including MRC or other stocks. Alpha measures the amount that position in MRC Global has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.0259 | 0.0158 | Price To Sales Ratio | 0.27 | 0.41 |
MRC Global Upcoming Company Events
As portrayed in its financial statements, the presentation of MRC Global's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, MRC Global's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of MRC Global's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of MRC Global. Please utilize our Beneish M Score to check the likelihood of MRC Global's management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with MRC Global
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Align your risk with return expectations
Check out MRC Global Backtesting, MRC Global Valuation, MRC Global Correlation, MRC Global Hype Analysis, MRC Global Volatility, MRC Global History and analyze MRC Global Performance. For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
MRC Global 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.