Marathon Oil Stock Technical Analysis
MRO Stock | USD 27.40 0.28 1.01% |
As of the 19th of April, Marathon Oil secures the Mean Deviation of 0.9752, downside deviation of 1.18, and Risk Adjusted Performance of 0.1546. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Marathon Oil, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Marathon Oil, which can be compared to its peers in the industry. Please verify Marathon Oil variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Marathon Oil is priced some-what accurately, providing market reflects its recent price of 27.4 per share. Given that Marathon Oil has jensen alpha of 0.244, we recommend you to check Marathon Oil's last-minute market performance to make sure the company can sustain itself at a future point.
Marathon Oil Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Marathon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MarathonMarathon |
Marathon Oil Analyst Consensus
Target Price | Advice | # of Analysts | |
33.78 | Strong Buy | 26 | Odds |
Most Marathon 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 Marathon stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Marathon Oil, talking to its executives and customers, or listening to Marathon conference calls.
Marathon Oil 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.
Marathon Oil Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Marathon Oil volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Marathon Oil Trend Analysis
Use this graph to draw trend lines for Marathon Oil. You can use it to identify possible trend reversals for Marathon Oil 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 Marathon Oil price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Marathon Oil Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Marathon Oil applied against its price change over selected period. The best fit line has a slop of 0.13 , which may imply that Marathon Oil will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 674.68, which is the sum of squared deviations for the predicted Marathon Oil price change compared to its average price change.About Marathon Oil 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 Marathon Oil 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 Marathon Oil based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Marathon Oil price pattern first instead of the macroeconomic environment surrounding Marathon Oil. By analyzing Marathon Oil'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 Marathon Oil'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 Marathon Oil specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0109 | 0.0119 | 0.0171 | 0.0163 | Price To Sales Ratio | 2.31 | 2.46 | 2.29 | 2.4 |
Marathon Oil April 19, 2024 Technical Indicators
Most technical analysis of Marathon 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 Marathon from various momentum indicators to cycle indicators. When you analyze Marathon 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 | 0.1546 | |||
Market Risk Adjusted Performance | 0.3585 | |||
Mean Deviation | 0.9752 | |||
Semi Deviation | 0.914 | |||
Downside Deviation | 1.18 | |||
Coefficient Of Variation | 413.19 | |||
Standard Deviation | 1.25 | |||
Variance | 1.57 | |||
Information Ratio | 0.1873 | |||
Jensen Alpha | 0.244 | |||
Total Risk Alpha | 0.1745 | |||
Sortino Ratio | 0.1997 | |||
Treynor Ratio | 0.3485 | |||
Maximum Drawdown | 6.18 | |||
Value At Risk | (1.46) | |||
Potential Upside | 2.4 | |||
Downside Variance | 1.38 | |||
Semi Variance | 0.8354 | |||
Expected Short fall | (1.09) | |||
Skewness | 0.1265 | |||
Kurtosis | 0.4297 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Oil. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Marathon Stock, please use our How to Invest in Marathon Oil guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Marathon Stock analysis
When running Marathon Oil's price analysis, check to measure Marathon Oil'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 Marathon Oil is operating at the current time. Most of Marathon Oil's value examination focuses on studying past and present price action to predict the probability of Marathon Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marathon Oil's price. Additionally, you may evaluate how the addition of Marathon Oil to your portfolios can decrease your overall portfolio volatility.
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |
Is Marathon Oil'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 Marathon Oil. If investors know Marathon 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 Marathon Oil 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 (0.17) | Dividend Share 0.42 | Earnings Share 2.56 | Revenue Per Share 10.631 | Quarterly Revenue Growth (0) |
The market value of Marathon Oil is measured differently than its book value, which is the value of Marathon that is recorded on the company's balance sheet. Investors also form their own opinion of Marathon Oil's value that differs from its market value or its book value, called intrinsic value, which is Marathon Oil'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 Marathon Oil's market value can be influenced by many factors that don't directly affect Marathon Oil'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 Marathon Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Oil'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.