Mrc Global Stock Price on May 8, 2024
| MRC Stock | USD 12.55 0.06 0.48% |
Below is the normalized historical share price chart for MRC Global extending back to April 12, 2012. 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 MRC Global stands at 12.55, as last reported on the 23rd of December, with the highest price reaching 12.87 and the lowest price hitting 12.13 during the day.
If you're considering investing in MRC Stock, it is important to understand the factors that can impact its price. At this point, MRC Global is not too volatile. MRC Global retains Efficiency (Sharpe Ratio) of 0.0103, which conveys that the firm had a 0.0103% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for MRC Global, which you can use to evaluate the volatility of the firm. Please verify MRC Global's Coefficient Of Variation of (222,168), market risk adjusted performance of 0.0041, and Mean Deviation of 1.3 to check out if the risk estimate we provide is consistent with the expected return of 0.0239%.
At present, MRC Global's Common Stock is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 2.1 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 78.8 M. . The current year's Price To Sales Ratio is expected to grow to 0.41. The current year's Price Earnings Ratio is expected to grow to 9.49. MRC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of April 2012 | 200 Day MA 12.8167 | 50 Day MA 13.1938 | Beta 1.979 |
MRC |
Sharpe Ratio = 0.0103
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| Negative Returns | MRC |
Estimated Market Risk
| 2.32 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MRC Global 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 MRC Global by adding MRC Global to a well-diversified portfolio.
Price Book 1.9206 | Enterprise Value Ebitda 8.6779 | Price Sales 0.334 | Shares Float 83.4 M | Wall Street Target Price 17.25 |
MRC Global Valuation on May 8, 2024
It is possible to determine the worth of MRC Global on a given historical date. On May 8, 2024 MRC was worth 11.62 at the beginning of the trading date compared to the closed value of 11.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MRC Global stock. Still, in general, we apply an absolute valuation method to find MRC Global'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 MRC Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MRC Global's related companies.
| Open | High | Low | Close | Volume | |
| 11.69 | 11.78 | 11.56 | 11.66 | 807,761 | |
05/08/2024 | 11.62 | 11.72 | 11.48 | 11.72 | 985,583 |
| 12.30 | 12.80 | 12.28 | 12.76 | 1,207,944 |
| Backtest MRC Global | | | MRC Global History | | | MRC Global Valuation | Previous | Next |
MRC Global Trading Date Momentum on May 8, 2024
| On May 09 2024 MRC Global was traded for 12.76 at the closing time. Highest MRC Global's price during the trading hours was 12.80 and the lowest price during the day was 12.28 . The net volume was 1.2 M. The overall trading history on the 9th of May contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 8.87% . The trading delta at closing time to current price is 15.53% . |
MRC Global Fundamentals Correlations and Trends
By evaluating MRC Global'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 MRC Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MRC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MRC Global Stock history
MRC Global 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 MRC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MRC Global 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 MRC Global stock prices may prove useful in developing a viable investing in MRC Global
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 85.5 M | 78.8 M | |
| Net Income Applicable To Common Shares | 45.9 M | 48.2 M |
MRC Global Quarterly Net Working Capital |
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MRC Global Stock Technical Analysis
MRC Global 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
MRC Global Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
MRC Global 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.
MRC Global December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how MRC Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MRC Global shares will generate the highest return on investment. By undertsting and applying MRC Global stock market strength indicators, traders can identify MRC Global entry and exit signals to maximize returns
MRC Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MRC Global's price direction in advance. Along with the technical and fundamental analysis of MRC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MRC 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 | 0.0062 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.01) |
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Complementary Tools for MRC Stock analysis
When running MRC Global's price analysis, check to measure MRC Global'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 MRC Global is operating at the current time. Most of MRC Global's value examination focuses on studying past and present price action to predict the probability of MRC Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MRC Global's price. Additionally, you may evaluate how the addition of MRC Global to your portfolios can decrease your overall portfolio volatility.
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