Marine Petroleum Trust Stock Price on October 9, 2024

MARPS Stock  USD 3.76  0.03  0.79%   
If you're considering investing in Marine Stock, it is important to understand the factors that can impact its price. As of today, the current price of Marine Petroleum stands at 3.76, as last reported on the 26th of December, with the highest price reaching 3.94 and the lowest price hitting 3.76 during the day. Marine Petroleum Trust has Sharpe Ratio of -0.0301, which conveys that the firm had a -0.0301% return per unit of risk over the last 3 months. Marine Petroleum exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Marine Petroleum's Risk Adjusted Performance of (0.02), standard deviation of 2.02, and Mean Deviation of 1.43 to check out the risk estimate we provide.
  
Marine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0301

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Estimated Market Risk

 2.02
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Marine Petroleum is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Marine Petroleum by adding Marine Petroleum to a well-diversified portfolio.

Marine Petroleum Valuation on October 9, 2024

It is possible to determine the worth of Marine Petroleum on a given historical date. On October 9, 2024 Marine was worth 4.14 at the beginning of the trading date compared to the closed value of 3.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Marine Petroleum stock. Still, in general, we apply an absolute valuation method to find Marine Petroleum's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Marine Petroleum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Marine Petroleum's related companies.
 Open High Low Close Volume
  4.14    4.28    4.14    4.14    35,714  
10/09/2024
  4.14    4.24    3.93    3.95    39,234  
  4.01    4.17    3.98    3.98    14,606  
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Open Value
4.14
3.95
Closing Value
10.21
Upside

Marine Petroleum Trading Date Momentum on October 9, 2024

On October 10 2024 Marine Petroleum Trust was traded for  3.98  at the closing time. The highest daily price throughout the period was 4.17  and the lowest price was  3.98 . The daily volume was 14.6 K. The net trading volume on 10/10/2024 added to the next day price appreciation. The trading delta at closing time to closing price of the next trading day was 0.76% . The trading delta at closing time to current closing price is 2.28% .

Marine Petroleum Trust Fundamentals Correlations and Trends

By evaluating Marine Petroleum's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Marine Petroleum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Marine financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Marine Petroleum Stock history

Marine Petroleum investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Marine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Marine Petroleum Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Marine Petroleum stock prices may prove useful in developing a viable investing in Marine Petroleum
Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. The company was incorporated in 1956 and is based in Dallas, Texas. Marine Petroleum operates under Oil Gas Midstream classification in the United States and is traded on NASDAQ Exchange.

Marine Petroleum Stock Technical Analysis

Marine Petroleum 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.
A focus of Marine Petroleum technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Marine Petroleum trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Marine Petroleum Period Price Range

Low
December 26, 2024
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High

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Marine Petroleum Trust cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Marine Petroleum December 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Marine Petroleum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Marine Petroleum shares will generate the highest return on investment. By undertsting and applying Marine Petroleum stock market strength indicators, traders can identify Marine Petroleum Trust entry and exit signals to maximize returns

Marine Petroleum Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Marine Petroleum's price direction in advance. Along with the technical and fundamental analysis of Marine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Marine to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Marine Stock Analysis

When running Marine Petroleum's price analysis, check to measure Marine Petroleum'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 Marine Petroleum is operating at the current time. Most of Marine Petroleum's value examination focuses on studying past and present price action to predict the probability of Marine Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marine Petroleum's price. Additionally, you may evaluate how the addition of Marine Petroleum to your portfolios can decrease your overall portfolio volatility.