Marathon Petroleum Corp Stock Market Value
| MPC Stock | USD 156.15 0.79 0.51% |
| Symbol | Marathon |
Marathon Petroleum Corp Price To Book Ratio
Is Oil & Gas Refining & Marketing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marathon Petroleum. If investors know Marathon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marathon Petroleum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.77) | Dividend Share 3.385 | Earnings Share 12.88 | Revenue Per Share 403.307 | Quarterly Revenue Growth (0.15) |
The market value of Marathon Petroleum Corp is measured differently than its book value, which is the value of Marathon that is recorded on the company's balance sheet. Investors also form their own opinion of Marathon Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Marathon Petroleum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marathon Petroleum's market value can be influenced by many factors that don't directly affect Marathon Petroleum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marathon Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Petroleum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Marathon Petroleum 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Marathon Petroleum's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Marathon Petroleum.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Marathon Petroleum on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Marathon Petroleum Corp or generate 0.0% return on investment in Marathon Petroleum over 30 days. Marathon Petroleum is related to or competes with Phillips, HF Sinclair, PBF Energy, Sunoco LP, Valero Energy, Delek Energy, and CVR Energy. Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company prim... More
Marathon Petroleum Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Marathon Petroleum's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Marathon Petroleum Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 13.39 | |||
| Value At Risk | (3.01) | |||
| Potential Upside | 3.19 |
Marathon Petroleum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marathon Petroleum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marathon Petroleum's standard deviation. In reality, there are many statistical measures that can use Marathon Petroleum historical prices to predict the future Marathon Petroleum's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.17) |
Marathon Petroleum Corp Backtested Returns
Marathon Petroleum Corp has Sharpe Ratio of -0.0752, which conveys that the firm had a -0.0752% return per unit of risk over the last 3 months. Marathon Petroleum exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Marathon Petroleum's Mean Deviation of 1.34, risk adjusted performance of (0.03), and Standard Deviation of 1.92 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.66, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Marathon Petroleum's returns are expected to increase less than the market. However, during the bear market, the loss of holding Marathon Petroleum is expected to be smaller as well. At this point, Marathon Petroleum Corp has a negative expected return of -0.14%. Please make sure to verify Marathon Petroleum's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Marathon Petroleum Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.58 |
Good reverse predictability
Marathon Petroleum Corp has good reverse predictability. Overlapping area represents the amount of predictability between Marathon Petroleum time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Marathon Petroleum Corp price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Marathon Petroleum price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 1.94 |
Marathon Petroleum Corp lagged returns against current returns
Autocorrelation, which is Marathon Petroleum stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Marathon Petroleum's stock expected returns. We can calculate the autocorrelation of Marathon Petroleum returns to help us make a trade decision. For example, suppose you find that Marathon Petroleum has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Marathon Petroleum regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Marathon Petroleum stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marathon Petroleum stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marathon Petroleum stock over time.
Current vs Lagged Prices |
| Timeline |
Marathon Petroleum Lagged Returns
When evaluating Marathon Petroleum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marathon Petroleum stock have on its future price. Marathon Petroleum autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Marathon Petroleum autocorrelation shows the relationship between Marathon Petroleum stock current value and its past values and can show if there is a momentum factor associated with investing in Marathon Petroleum Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Marathon Petroleum Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marathon Petroleum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marathon Petroleum Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marathon Petroleum Corp Stock:Check out Marathon Petroleum Correlation, Marathon Petroleum Volatility and Marathon Petroleum Alpha and Beta module to complement your research on Marathon Petroleum. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Marathon Petroleum 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.