Marathon Oil Price on September 3, 2024
| MRODelisted Stock | USD 28.55 0.56 1.92% |
If you're considering investing in Marathon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Marathon Oil stands at 28.55, as last reported on the 11th of December 2024, with the highest price reaching 29.37 and the lowest price hitting 28.43 during the day. Marathon Oil appears to be very steady, given 3 months investment horizon. Marathon Oil has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Marathon Oil, which you can use to evaluate the volatility of the firm. Please exercise Marathon Oil's Downside Deviation of 1.62, risk adjusted performance of 0.035, and Mean Deviation of 1.28 to check out if our risk estimates are consistent with your expectations.
Marathon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Marathon |
Sharpe Ratio = 0.1135
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.81 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Marathon Oil is performing at about 8% 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 Marathon Oil by adding it to a well-diversified portfolio.
Marathon Oil Valuation on September 3, 2024
It is possible to determine the worth of Marathon Oil on a given historical date. On September 3, 2024 Marathon was worth 28.01 at the beginning of the trading date compared to the closed value of 27.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Marathon Oil stock. Still, in general, we apply an absolute valuation method to find Marathon Oil'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 Marathon Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Marathon Oil's related companies.
| Open | High | Low | Close | Volume | |
| 28.37 | 28.63 | 28.22 | 28.54 | 7,338,700 | |
09/03/2024 | 28.01 | 28.09 | 27.39 | 27.60 | 7,215,900 |
| 27.78 | 27.97 | 27.22 | 27.25 | 6,541,300 |
| Backtest Marathon Oil | | | Marathon Oil History | | | Marathon Oil Valuation | Previous | Next |
Marathon Oil Trading Date Momentum on September 3, 2024
| On September 04 2024 Marathon Oil was traded for 27.25 at the closing time. Highest Marathon Oil's price during the trading hours was 27.97 and the lowest price during the day was 27.22 . The net volume was 6.5 M. The overall trading history on the 4th of September contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.27% . The trading delta at closing time to current price is 5.69% . |
Marathon Oil Fundamentals Correlations and Trends
By evaluating Marathon Oil'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 Marathon Oil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Marathon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Marathon Oil Stock history
Marathon Oil 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 Marathon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Marathon Oil 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 Marathon Oil stock prices may prove useful in developing a viable investing in Marathon Oil
Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas. Marathon Oil operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 1531 people.
Marathon Oil Stock Technical Analysis
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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Marathon Oil Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Marathon Oil 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.
Marathon Oil December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Marathon Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Marathon Oil shares will generate the highest return on investment. By undertsting and applying Marathon Oil stock market strength indicators, traders can identify Marathon Oil entry and exit signals to maximize returns
Marathon Oil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Marathon Oil's price direction in advance. Along with the technical and fundamental analysis of Marathon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Marathon 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 | 0.035 | |||
| Jensen Alpha | 0.0413 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.3581 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Other Consideration for investing in Marathon Stock
If you are still planning to invest in Marathon Oil check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Marathon Oil's history and understand the potential risks before investing.
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