Marsh Mclennan Companies Stock Price on March 20, 2024
| MMC Stock | USD 197.95 3.52 1.75% |
If you're considering investing in Marsh Stock, it is important to understand the factors that can impact its price. As of today, the current price of Marsh McLennan stands at 197.95, as last reported on the 28th of April, with the highest price reaching 200.90 and the lowest price hitting 197.77 during the day. We consider Marsh McLennan very steady. Marsh McLennan Companies has Sharpe Ratio of 0.0767, which conveys that the firm had a 0.0767% return per unit of risk over the last 3 months. We have found thirty technical indicators for Marsh McLennan, which you can use to evaluate the volatility of the firm. Please verify Marsh McLennan's Downside Deviation of 0.762, mean deviation of 0.624, and Risk Adjusted Performance of 0.0505 to check out if the risk estimate we provide is consistent with the expected return of 0.065%.
Marsh Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Marsh |
Sharpe Ratio = 0.0767
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | MMC | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 5 95% of assets perform better |
Based on monthly moving average Marsh McLennan is performing at about 5% 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 Marsh McLennan by adding it to a well-diversified portfolio.
Marsh McLennan Valuation on March 20, 2024
It is possible to determine the worth of Marsh McLennan on a given historical date. On March 20, 2024 Marsh was worth 206.87 at the beginning of the trading date compared to the closed value of 205.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Marsh McLennan stock. Still, in general, we apply an absolute valuation method to find Marsh McLennan'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 Marsh McLennan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Marsh McLennan's related companies.
| Open | High | Low | Close | Volume | |
| 207.69 | 207.75 | 205.86 | 205.96 | 1,636,220 | |
03/20/2024 | 206.87 | 207.73 | 205.73 | 205.73 | 2,202,480 |
| 206.03 | 207.22 | 204.71 | 204.71 | 2,357,202 |
| Backtest Marsh McLennan | | | Marsh McLennan History | | | Marsh McLennan Valuation | Previous | Next |
Marsh McLennan Trading Date Momentum on March 20, 2024
| On March 21 2024 Marsh McLennan Companies was traded for 204.71 at the closing time. Highest Marsh McLennan's price during the trading hours was 207.22 and the lowest price during the day was 204.71 . The net volume was 2.4 M. The overall trading history on the 21st of March contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.50% . The trading delta at closing time to current price is 0.11% . |
Marsh McLennan Companies Fundamentals Correlations and Trends
By evaluating Marsh McLennan'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 Marsh McLennan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Marsh financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Marsh McLennan Stock history
Marsh McLennan 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 Marsh is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Marsh McLennan Companies 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 Marsh McLennan stock prices may prove useful in developing a viable investing in Marsh McLennan
Marsh McLennan Companies, Inc., a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. Marsh McLennan Companies, Inc. was founded in 1871 and is headquartered in New York, New York. Marsh Mclennan operates under Insurance Brokers classification in the United States and is traded on New York Stock Exchange. It employs 86000 people.
Marsh McLennan Stock Technical Analysis
Marsh McLennan 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
Marsh McLennan Period Price Range
Low | March 20, 2024
| High |
206.87 | 205.73 |
Marsh McLennan April 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Marsh McLennan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Marsh McLennan shares will generate the highest return on investment. By undertsting and applying Marsh McLennan stock market strength indicators, traders can identify Marsh McLennan Companies entry and exit signals to maximize returns
| Accumulation Distribution | 21205.22 | |||
| Daily Balance Of Power | (0.57) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 206.73 | |||
| Day Typical Price | 206.4 | |||
| Price Action Indicator | (1.57) | |||
| Period Momentum Indicator | (7.78) | |||
| Relative Strength Index | 46.75 |
Marsh McLennan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Marsh McLennan's price direction in advance. Along with the technical and fundamental analysis of Marsh Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Marsh 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 | 0.0505 | |||
| Jensen Alpha | 0.0589 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (1.10) |
| 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, which includes a position in Marsh McLennan Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Marsh Stock analysis
When running Marsh McLennan's price analysis, check to measure Marsh McLennan'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 Marsh McLennan is operating at the current time. Most of Marsh McLennan's value examination focuses on studying past and present price action to predict the probability of Marsh McLennan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marsh McLennan's price. Additionally, you may evaluate how the addition of Marsh McLennan to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |
Is Marsh McLennan's industry 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 Marsh McLennan. If investors know Marsh 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 Marsh McLennan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Marsh McLennan Companies is measured differently than its book value, which is the value of Marsh that is recorded on the company's balance sheet. Investors also form their own opinion of Marsh McLennan's value that differs from its market value or its book value, called intrinsic value, which is Marsh McLennan'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 Marsh McLennan's market value can be influenced by many factors that don't directly affect Marsh McLennan'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 Marsh McLennan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marsh McLennan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marsh McLennan'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.