Mrc Global Stock Alpha and Beta Analysis
MRC Stock | USD 12.56 0.04 0.32% |
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 1.83 | Alpha (0.02) | Risk 2.31 | Sharpe Ratio 0.1 | Expected Return 0.24 |
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 | -0.02 | β | 1.83 |
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 Fri, Dec 29, 2023 and Thu, Mar 28, 2024 is 11.12 with a coefficient of variation of 7.41. The daily time series for the period is distributed with a sample standard deviation of 0.84, arithmetic mean of 11.28, and mean deviation of 0.76. The Stock received a lot of media exposure during the period. Price Growth (%) |
Timeline |
1 | Madison River Capital Makes Strategic Investment Into Senior Care Therapy | 01/10/2024 |
2 | Payment of 8432 shares by Kelly Youngblood of MRC Global subject to Rule 16b-3 | 02/09/2024 |
3 | MRC Q4 Earnings Snapshot | 02/13/2024 |
4 | Earnings call MRC Global reports record margins, plans for growth | 02/15/2024 |
5 | MRC Global Exhibits Strong Prospects, Risks Persist | 02/16/2024 |
6 | MRC Global Inc. Shares Sold by Fuller Thaler Asset Management Inc. | 02/21/2024 |
7 | Charles Schwab Investment Management Inc. Sells 13704 Shares of MRC Global Inc. - AmericanBankingNEWS | 02/27/2024 |
8 | ClearSale EVP to Host Merchant Risk Council Webinar on Fraud Ecosystem | 03/06/2024 |
9 | AQR Capital Management LLC Decreases Stock Position in MRC Global Inc. - Defense World | 03/13/2024 |
10 | Disposition of 46079 shares by Robert Saltiel of MRC Global at 12.46 subject to Rule 16b-3 | 03/15/2024 |
11 | IPQS Takes Center Stage as Overall Sponsor of MRC Vegas 2024 | 03/19/2024 |
12 | Why Is Valmont Up 0.3 percent Since Last Earnings Report | 03/22/2024 |
13 | MRC Global Announces First Quarter 2024 Earnings Release, Conference Call and Webcast Schedule | 03/25/2024 |
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
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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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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