Marsh Mclennan Companies Stock Market Value
| MMC Stock | USD 200.95 0.76 0.38% |
| Symbol | Marsh |
Marsh McLennan Companies Price To Book Ratio
Is Marsh McLennan's industry 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 Marsh McLennan. If investors know Marsh 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 Marsh McLennan 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 0.142 | Dividend Share 2.84 | Earnings Share 7.89 | Revenue Per Share 47.207 | Quarterly Revenue Growth 0.093 |
The market value of Marsh McLennan Companies is measured differently than its book value, which is the value of Marsh that is recorded on the company's balance sheet. Investors also form their own opinion of Marsh McLennan's value that differs from its market value or its book value, called intrinsic value, which is Marsh McLennan'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 Marsh McLennan's market value can be influenced by many factors that don't directly affect Marsh McLennan'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 Marsh McLennan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marsh McLennan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marsh McLennan'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.
Marsh McLennan 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Marsh McLennan's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Marsh McLennan.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Marsh McLennan on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Marsh McLennan Companies or generate 0.0% return on investment in Marsh McLennan over 30 days. Marsh McLennan is related to or competes with Arthur J, Willis Towers, Brown Brown, Erie Indemnity, Aon PLC, Brp, and Fanhua. Marsh McLennan Companies, Inc., a professional services company, provides advice and solutions to clients in the areas o... More
Marsh McLennan Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Marsh McLennan's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Marsh McLennan Companies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9849 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 4.17 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 1.65 |
Marsh McLennan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marsh McLennan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marsh McLennan's standard deviation. In reality, there are many statistical measures that can use Marsh McLennan historical prices to predict the future Marsh McLennan's volatility.| Risk Adjusted Performance | 0.0263 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.055 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Marsh McLennan's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Marsh McLennan Companies Backtested Returns
We consider Marsh McLennan very steady. Marsh McLennan Companies has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Marsh McLennan, which you can use to evaluate the volatility of the firm. Please verify Marsh McLennan's Mean Deviation of 0.6665, risk adjusted performance of 0.0263, and Downside Deviation of 0.9849 to check out if the risk estimate we provide is consistent with the expected return of 0.0889%. Marsh McLennan has a performance score of 8 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Marsh McLennan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Marsh McLennan is expected to be smaller as well. Marsh McLennan Companies right now secures a risk of 0.84%. Please verify Marsh McLennan Companies semi variance, and the relationship between the maximum drawdown and accumulation distribution , to decide if Marsh McLennan Companies will be following its current price movements.
Auto-correlation | -0.07 |
Very weak reverse predictability
Marsh McLennan Companies has very weak reverse predictability. Overlapping area represents the amount of predictability between Marsh McLennan time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Marsh McLennan Companies price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Marsh McLennan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 5.89 |
Marsh McLennan Companies lagged returns against current returns
Autocorrelation, which is Marsh McLennan stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Marsh McLennan's stock expected returns. We can calculate the autocorrelation of Marsh McLennan returns to help us make a trade decision. For example, suppose you find that Marsh McLennan has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Marsh McLennan regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Marsh McLennan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marsh McLennan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marsh McLennan stock over time.
Current vs Lagged Prices |
| Timeline |
Marsh McLennan Lagged Returns
When evaluating Marsh McLennan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marsh McLennan stock have on its future price. Marsh McLennan autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Marsh McLennan autocorrelation shows the relationship between Marsh McLennan stock current value and its past values and can show if there is a momentum factor associated with investing in Marsh McLennan Companies.
Regressed Prices |
| Timeline |
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Complementary Tools for Marsh Stock analysis
When running Marsh McLennan's price analysis, check to measure Marsh McLennan'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 Marsh McLennan is operating at the current time. Most of Marsh McLennan's value examination focuses on studying past and present price action to predict the probability of Marsh McLennan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marsh McLennan's price. Additionally, you may evaluate how the addition of Marsh McLennan to your portfolios can decrease your overall portfolio volatility.
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Marsh McLennan 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.