Mueller Industries Stock Price on September 12, 2024
| MLI Stock | USD 80.18 0.69 0.87% |
If you're considering investing in Mueller Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mueller Industries stands at 80.18, as last reported on the 20th of December, with the highest price reaching 82.24 and the lowest price hitting 78.00 during the day. Mueller Industries appears to be very steady, given 3 months investment horizon. Mueller Industries has Sharpe Ratio of 0.0737, which conveys that the firm had a 0.0737% 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 exercise Mueller Industries' Downside Deviation of 1.99, risk adjusted performance of 0.0657, and Mean Deviation of 1.74 to check out if our risk estimates are consistent with your expectations.
Mueller Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mueller |
Sharpe Ratio = 0.0737
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Estimated Market Risk
| 2.95 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 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.
Mueller Industries Valuation on September 12, 2024
It is possible to determine the worth of Mueller Industries on a given historical date. On September 12, 2024 Mueller was worth 67.36 at the beginning of the trading date compared to the closed value of 68.09. 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 | |
| 66.63 | 67.24 | 65.07 | 66.97 | 483,730 | |
09/12/2024 | 67.36 | 68.18 | 66.62 | 68.09 | 505,587 |
| 69.26 | 70.78 | 68.75 | 70.08 | 595,356 |
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Mueller Industries Trading Date Momentum on September 12, 2024
| On September 13 2024 Mueller Industries was traded for 70.08 at the closing time. Highest Mueller Industries's price during the trading hours was 70.78 and the lowest price during the day was 68.75 . The net volume was 595.4 K. The overall trading history on the 13th of September 2024 contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 2.92% . The trading delta at closing time to current price is 6.93% . |
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
Mueller Industries, Inc. manufactures and sells copper, brass, aluminum, and plastic products in the United States, the United Kingdom, Canada, South Korea, the Middle East, China, and Mexico. The company was founded in 1917 and is headquartered in Collierville, Tennessee. Mueller Industries operates under Metal Fabrication classification in the United States and is traded on New York Stock Exchange. It employs 5337 people.
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 20, 2024
| High |
0.00 | 0.00 |
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Mueller Industries December 20, 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 | 0.0657 | |||
| Jensen Alpha | 0.1728 | |||
| Total Risk Alpha | 0.1247 | |||
| Sortino Ratio | 0.0931 | |||
| Treynor Ratio | 0.1335 |
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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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