Mueller Industries Stock Price on August 22, 2024
MLI Stock | USD 81.06 0.43 0.53% |
Below is the normalized historical share price chart for Mueller Industries extending back to February 25, 1991. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mueller Industries stands at 81.06, as last reported on the 28th of December, with the highest price reaching 82.29 and the lowest price hitting 79.83 during the day.
If you're considering investing in Mueller Stock, it is important to understand the factors that can impact its price. Mueller Industries is very steady at the moment. Mueller Industries has Sharpe Ratio of 0.0636, which conveys that the firm had a 0.0636% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mueller Industries, which you can use to evaluate the volatility of the firm. Please verify Mueller Industries' Downside Deviation of 1.99, mean deviation of 1.71, and Risk Adjusted Performance of 0.0718 to check out if the risk estimate we provide is consistent with the expected return of 0.19%.
As of now, Mueller Industries' Stock Based Compensation is increasing as compared to previous years. The Mueller Industries' current Stock Based Compensation To Revenue is estimated to increase to 0.01, while Common Stock Shares Outstanding is projected to decrease to under 99.7 M. . As of now, Mueller Industries' Price Sales Ratio is increasing as compared to previous years. Mueller Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of February 1991 | 200 Day MA 67.0783 | 50 Day MA 83.356 | Beta 1.021 |
Mueller |
Sharpe Ratio = 0.0636
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Estimated Market Risk
2.95 actual daily | 26 74% of assets are more volatile |
Expected Return
0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Mueller Industries is performing at about 5% of its full potential. 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 Mueller Industries by adding it to a well-diversified portfolio.
Price Book 3.3954 | Enterprise Value Ebitda 9.4713 | Price Sales 2.542 | Shares Float 110.9 M | Dividend Share 0.75 |
Mueller Industries Main Headline on 22nd of August 2024
Disposition of 50000 shares by Gregory Christopher of Muelle... by Gregory Christopher
Filed transaction by Mueller Industries Director, Officer: Chairman Of The Board & Ceo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Mueller Industries Valuation on August 22, 2024
It is possible to determine the worth of Mueller Industries on a given historical date. On August 22, 2024 Mueller was worth 69.61 at the beginning of the trading date compared to the closed value of 68.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Mueller Industries stock. Still, in general, we apply an absolute valuation method to find Mueller Industries' 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 Mueller Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Mueller Industries' related companies.
Open | High | Low | Close | Volume | |
67.84 | 69.85 | 67.84 | 69.74 | 769,256 | |
08/22/2024 | 69.61 | 70.18 | 68.61 | 68.74 | 843,474 |
69.31 | 70.87 | 68.73 | 70.38 | 586,343 |
Backtest Mueller Industries | | | Mueller Industries History | | | Mueller Industries Valuation | Previous | Next |
Mueller Industries Trading Date Momentum on August 22, 2024
On August 23 2024 Mueller Industries was traded for 70.38 at the closing time. Highest Mueller Industries's price during the trading hours was 70.87 and the lowest price during the day was 68.73 . The net volume was 586.3 K. The overall trading history on the 23rd of August contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 2.39% . The trading delta at closing time to current price is 4.23% . |
Mueller Industries Fundamentals Correlations and Trends
By evaluating Mueller Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Mueller Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Mueller financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Mueller Industries Stock history
Mueller Industries 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 Mueller is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mueller Industries 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 Mueller Industries stock prices may prove useful in developing a viable investing in Mueller Industries
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 113.7 M | 99.7 M | |
Net Income Applicable To Common Shares | 757.1 M | 794.9 M |
Mueller Industries Quarterly Net Working Capital |
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Mueller Industries Stock Technical Analysis
Mueller Industries 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.
Price Boundaries
Mueller Industries Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
Mueller Industries cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Mueller Industries December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Mueller Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mueller Industries shares will generate the highest return on investment. By undertsting and applying Mueller Industries stock market strength indicators, traders can identify Mueller Industries entry and exit signals to maximize returns
Mueller Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mueller Industries' price direction in advance. Along with the technical and fundamental analysis of Mueller Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mueller 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.
Risk Adjusted Performance | 0.0718 | |||
Jensen Alpha | 0.224 | |||
Total Risk Alpha | 0.1445 | |||
Sortino Ratio | 0.1022 | |||
Treynor Ratio | 3.68 |
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Complementary Tools for Mueller Stock analysis
When running Mueller Industries' price analysis, check to measure Mueller Industries' 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 Mueller Industries is operating at the current time. Most of Mueller Industries' value examination focuses on studying past and present price action to predict the probability of Mueller Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mueller Industries' price. Additionally, you may evaluate how the addition of Mueller Industries to your portfolios can decrease your overall portfolio volatility.
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