Marathon Oil (Mexico) Technical Analysis
| MRO Stock | MXN 564.00 0.00 0.00% |
As of the 28th of December, Marathon Oil secures the Risk Adjusted Performance of 0.1219, mean deviation of 0.3572, and Standard Deviation of 0.9226. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Marathon Oil, as well as the relationship between them.
Marathon Oil Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Marathon, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MarathonMarathon |
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.
Marathon Oil Technical Analysis
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Marathon Oil Trend Analysis
Use this graph to draw trend lines for Marathon Oil. You can use it to identify possible trend reversals for Marathon Oil as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Marathon Oil price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Marathon Oil Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Marathon Oil applied against its price change over selected period. The best fit line has a slop of 0.56 , which means Marathon Oil will continue generating value for investors. It has 122 observation points and a regression sum of squares at 11854.95, which is the sum of squared deviations for the predicted Marathon Oil price change compared to its average price change.About Marathon Oil Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Marathon Oil on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Marathon Oil based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Marathon Oil price pattern first instead of the macroeconomic environment surrounding Marathon Oil. By analyzing Marathon Oil's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Marathon Oil's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Marathon Oil specific price patterns or momentum indicators. Please read more on our technical analysis page.
Marathon Oil December 28, 2024 Technical Indicators
Most technical analysis of Marathon help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Marathon from various momentum indicators to cycle indicators. When you analyze Marathon charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | 0.1219 | |||
| Market Risk Adjusted Performance | (3.73) | |||
| Mean Deviation | 0.3572 | |||
| Coefficient Of Variation | 661.49 | |||
| Standard Deviation | 0.9226 | |||
| Variance | 0.8512 | |||
| Information Ratio | 0.1163 | |||
| Jensen Alpha | 0.1302 | |||
| Total Risk Alpha | 0.1038 | |||
| Treynor Ratio | (3.74) | |||
| Maximum Drawdown | 5.74 | |||
| Potential Upside | 0.4091 | |||
| Skewness | 4.19 | |||
| Kurtosis | 22.25 |
Additional 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.