3m Company Stock Technical Analysis
| MMM Stock | USD 141.03 1.85 1.33% |
As of the 18th of January 2025, 3M owns the Standard Deviation of 1.49, market risk adjusted performance of 0.1782, and Coefficient Of Variation of 1944.52. In connection with fundamental indicators, the technical analysis model gives you tools to check timely technical drivers of 3M Company, as well as the relationship between them. Please confirm 3M Company standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if 3M Company is priced fairly, providing market reflects its prevailing price of 141.03 per share. Given that 3M Company has jensen alpha of 0.0588, we suggest you to validate 3M's latest market performance to make sure the company can sustain itself sooner or later.
3M Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 3M, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 3M3M |
3M Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 146.24 | Buy | 19 | Odds |
Most 3M analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand 3M stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of 3M Company, talking to its executives and customers, or listening to 3M conference calls.
3M 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.
3M Company Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of 3M Company volatility. High ATR values indicate high volatility, and low values indicate low volatility.
3M Company Trend Analysis
Use this graph to draw trend lines for 3M Company. You can use it to identify possible trend reversals for 3M as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual 3M price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.3M Best Fit Change Line
The following chart estimates an ordinary least squares regression model for 3M Company applied against its price change over selected period. The best fit line has a slop of 0.11 , which may imply that 3M Company will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 445.55, which is the sum of squared deviations for the predicted 3M price change compared to its average price change.About 3M Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of 3M Company on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of 3M Company based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on 3M Company price pattern first instead of the macroeconomic environment surrounding 3M Company. By analyzing 3M's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of 3M's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to 3M specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 | 2025 (projected) | Dividend Yield | 0.0594 | 0.0654 | 0.0589 | 0.0618 | Price To Sales Ratio | 1.66 | 1.55 | 1.39 | 1.62 |
3M January 18, 2025 Technical Indicators
Most technical analysis of 3M help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for 3M from various momentum indicators to cycle indicators. When you analyze 3M charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0474 | |||
| Market Risk Adjusted Performance | 0.1782 | |||
| Mean Deviation | 1.09 | |||
| Semi Deviation | 1.14 | |||
| Downside Deviation | 1.21 | |||
| Coefficient Of Variation | 1944.52 | |||
| Standard Deviation | 1.49 | |||
| Variance | 2.22 | |||
| Information Ratio | 0.0315 | |||
| Jensen Alpha | 0.0588 | |||
| Total Risk Alpha | 0.0315 | |||
| Sortino Ratio | 0.0387 | |||
| Treynor Ratio | 0.1682 | |||
| Maximum Drawdown | 8.32 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 2.21 | |||
| Downside Variance | 1.46 | |||
| Semi Variance | 1.3 | |||
| Expected Short fall | (1.32) | |||
| Skewness | 1.12 | |||
| Kurtosis | 3.1 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Industrial Conglomerates space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 3M. If investors know 3M will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 3M listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 4.41 | Earnings Share 9.6 | Revenue Per Share | Quarterly Revenue Growth 0.004 |
The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 3M's market value can be influenced by many factors that don't directly affect 3M's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3M is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.