3M (Switzerland) Technical Analysis
| MMM Stock | CHF 112.00 1.00 0.90% |
As of the 14th of December 2024, 3M owns the Standard Deviation of 1.11, market risk adjusted performance of 0.2419, and Coefficient Of Variation of 3336.61. In connection with fundamental indicators, the technical analysis model gives you tools to check timely technical drivers of 3M Company, as well as the relationship between them. Please confirm 3M Company jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if 3M Company is priced fairly, providing market reflects its prevailing price of 112.0 per share.
3M Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as 3M, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to 3M3M |
3M 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.
3M Company Technical Analysis
The output start index for this execution was thirty with a total number of output elements of thirty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of 3M Company volatility. High ATR values indicate high volatility, and low values indicate low volatility.
3M Company Trend Analysis
Use this graph to draw trend lines for 3M Company. You can use it to identify possible trend reversals for 3M 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 3M price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.3M Best Fit Change Line
The following chart estimates an ordinary least squares regression model for 3M Company applied against its price change over selected period. The best fit line has a slop of 0.0056 , which may suggest that 3M Company market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.2, which is the sum of squared deviations for the predicted 3M price change compared to its average price change.About 3M 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 3M Company 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 3M Company based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on 3M Company price pattern first instead of the macroeconomic environment surrounding 3M Company. By analyzing 3M'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 3M'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 3M specific price patterns or momentum indicators. Please read more on our technical analysis page.
3M December 14, 2024 Technical Indicators
Most technical analysis of 3M 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 3M from various momentum indicators to cycle indicators. When you analyze 3M 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0252 | |||
| Market Risk Adjusted Performance | 0.2419 | |||
| Mean Deviation | 0.4158 | |||
| Semi Deviation | 0.7458 | |||
| Downside Deviation | 2.62 | |||
| Coefficient Of Variation | 3336.61 | |||
| Standard Deviation | 1.11 | |||
| Variance | 1.24 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | 0.0143 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.2319 | |||
| Maximum Drawdown | 9.35 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 0.9091 | |||
| Downside Variance | 6.85 | |||
| Semi Variance | 0.5562 | |||
| Expected Short fall | (1.99) | |||
| Skewness | 0.8094 | |||
| Kurtosis | 11.85 |
Additional Tools for 3M Stock Analysis
When running 3M's price analysis, check to measure 3M'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 3M is operating at the current time. Most of 3M's value examination focuses on studying past and present price action to predict the probability of 3M's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3M's price. Additionally, you may evaluate how the addition of 3M to your portfolios can decrease your overall portfolio volatility.