Marathon Oil Stock Market Value
| MRO Stock | USD 27.53 0.29 1.04% |
| Symbol | Marathon |
Marathon Oil Price To Book Ratio
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.
Marathon Oil '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 Marathon Oil'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 Marathon Oil.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Marathon Oil on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Marathon Oil or generate 0.0% return on investment in Marathon Oil over 30 days. Marathon Oil is related to or competes with EOG Resources, Diamondback Energy, Hess, Devon Energy, Pioneer Natural, Coterra Energy, and Occidental Petroleum. Marathon Oil Corporation operates as an independent exploration and production company in the United States and internat... More
Marathon Oil 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 Marathon Oil'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 Marathon Oil upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.18 | |||
| Information Ratio | 0.2092 | |||
| Maximum Drawdown | 6.18 | |||
| Value At Risk | (1.42) | |||
| Potential Upside | 2.4 |
Marathon Oil Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marathon Oil's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marathon Oil's standard deviation. In reality, there are many statistical measures that can use Marathon Oil historical prices to predict the future Marathon Oil's volatility.| Risk Adjusted Performance | 0.1839 | |||
| Jensen Alpha | 0.2732 | |||
| Total Risk Alpha | 0.1741 | |||
| Sortino Ratio | 0.2182 | |||
| Treynor Ratio | 0.4246 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Marathon Oil'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.
Marathon Oil Backtested Returns
Marathon Oil appears to be very steady, given 3 months investment horizon. Marathon Oil has Sharpe Ratio of 0.24, which conveys that the firm had a 0.24% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Marathon Oil, which you can use to evaluate the volatility of the firm. Please exercise Marathon Oil's Risk Adjusted Performance of 0.1839, mean deviation of 0.9315, and Downside Deviation of 1.18 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Marathon Oil holds a performance score of 18. The company secures a Beta (Market Risk) of 0.81, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Marathon Oil's returns are expected to increase less than the market. However, during the bear market, the loss of holding Marathon Oil is expected to be smaller as well. Please check Marathon Oil's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Marathon Oil's current price movements will revert.
Auto-correlation | -0.98 |
Near perfect reversele predictability
Marathon Oil has near perfect reversele predictability. Overlapping area represents the amount of predictability between Marathon Oil 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 Marathon Oil price movement. The serial correlation of -0.98 indicates that 98.0% of current Marathon Oil price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.98 | |
| Spearman Rank Test | -0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.67 |
Marathon Oil lagged returns against current returns
Autocorrelation, which is Marathon Oil 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 Marathon Oil's stock expected returns. We can calculate the autocorrelation of Marathon Oil returns to help us make a trade decision. For example, suppose you find that Marathon Oil 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 |
Marathon Oil 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 Marathon Oil stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marathon Oil stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marathon Oil stock over time.
Current vs Lagged Prices |
| Timeline |
Marathon Oil Lagged Returns
When evaluating Marathon Oil's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marathon Oil stock have on its future price. Marathon Oil 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, Marathon Oil autocorrelation shows the relationship between Marathon Oil stock current value and its past values and can show if there is a momentum factor associated with investing in Marathon Oil.
Regressed Prices |
| Timeline |
Marathon Oil Investors Sentiment
The influence of Marathon Oil's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Marathon. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Marathon Oil's public news can be used to forecast risks associated with an investment in Marathon. The trend in average sentiment can be used to explain how an investor holding Marathon can time the market purely based on public headlines and social activities around Marathon Oil. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Marathon Oil's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Marathon Oil's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Marathon Oil's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Marathon Oil.
Marathon Oil Implied Volatility | 43.47 |
Marathon Oil's implied volatility exposes the market's sentiment of Marathon Oil stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Marathon Oil's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Marathon Oil stock will not fluctuate a lot when Marathon Oil's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Marathon Oil in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Marathon Oil's short interest history, or implied volatility extrapolated from Marathon Oil options trading.
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Try AI Portfolio ArchitectCheck out Marathon Oil Correlation, Marathon Oil Volatility and Marathon Oil Alpha and Beta module to complement your research on Marathon Oil. To learn how to invest in Marathon Stock, please use our How to Invest in Marathon Oil guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
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.
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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.