Mrc Global Stock Price on February 13, 2024
| MRC Stock | USD 13.29 0.21 1.61% |
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 13.29, as last reported on the 3rd of June, with the highest price reaching 13.31 and the lowest price hitting 13.06 during the day.
If you're considering investing in MRC Stock, it is important to understand the factors that can impact its price. We consider MRC Global not too volatile. MRC Global retains Efficiency (Sharpe Ratio) of 0.0866, which conveys that the firm had a 0.0866% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MRC Global, which you can use to evaluate the volatility of the firm. Please verify MRC Global's Mean Deviation of 1.2, market risk adjusted performance of 0.1852, and Semi Deviation of 1.19 to check out if the risk estimate we provide is consistent with the expected return of 0.16%.
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. . At present, MRC Global's Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.57, whereas Price Earnings Ratio is forecasted to decline to 9.65. 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 11.0499 | 50 Day MA 12.505 | Beta 2.011 |
MRC |
Sharpe Ratio = 0.0866
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Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average MRC Global is performing at about 6% 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 MRC Global by adding it to a well-diversified portfolio.
Price Book 2.1092 | Enterprise Value Ebitda 7.8858 | Price Sales 0.3017 | Shares Float 83.4 M | Wall Street Target Price 15.38 |
MRC Global Valuation on February 13, 2024
It is possible to determine the worth of MRC Global on a given historical date. On February 13, 2024 MRC was worth 10.53 at the beginning of the trading date compared to the closed value of 10.38. 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 | |
| 10.70 | 11.00 | 10.64 | 10.88 | 659,737 | |
02/13/2024 | 10.53 | 10.65 | 10.31 | 10.38 | 1,244,667 |
| 11.00 | 11.96 | 10.96 | 11.78 | 2,621,915 |
| Backtest MRC Global | | | MRC Global History | | | MRC Global Valuation | Previous | Next |
MRC Global Trading Date Momentum on February 13, 2024
| On February 14 2024 MRC Global was traded for 11.78 at the closing time. Highest MRC Global's price during the trading hours was 11.96 and the lowest price during the day was 10.96 . The net volume was 2.6 M. The overall trading history on the 14th of February 2024 contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 13.49% . The trading delta at closing time to current price is 13.29% . |
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 | February 13, 2024
| High |
10.53 | 10.38 |
MRC Global June 3, 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
| Accumulation Distribution | 39735.85 | |||
| Daily Balance Of Power | (0.44) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 10.48 | |||
| Day Typical Price | 10.45 | |||
| Price Action Indicator | (0.17) | |||
| Period Momentum Indicator | 2.91 |
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 | 0.0824 | |||
| Jensen Alpha | 0.1783 | |||
| Total Risk Alpha | 0.1145 | |||
| Sortino Ratio | 0.1306 | |||
| Treynor Ratio | 0.1752 |
| Cycle Indicators | ||
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| Math Transform | ||
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| 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 MRC Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade MRC Stock refer to our How to Trade MRC Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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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Is MRC Global'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 MRC Global. If investors know MRC 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 MRC Global 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 (0.55) | Earnings Share 0.87 | Revenue Per Share 39.502 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0533 |
The market value of MRC Global is measured differently than its book value, which is the value of MRC that is recorded on the company's balance sheet. Investors also form their own opinion of MRC Global's value that differs from its market value or its book value, called intrinsic value, which is MRC Global'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 MRC Global's market value can be influenced by many factors that don't directly affect MRC Global'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 MRC Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if MRC Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MRC Global'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.