3M Stock Performance

MMM
 Stock
  

USD 125.99  0.02  0.0159%   

3M has a performance score of 3 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.9485, which signifies possible diversification benefits within a given portfolio. Let's try to break down what 3M's beta means in this case. 3M returns are very sensitive to returns on the market. As the market goes up or down, 3M is expected to follow. Although it is important to respect 3M Company existing price patterns, it is better to be realistic regarding the information on the equity's price patterns. The way in which we are foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating 3M Company technical indicators, you can at this moment evaluate if the expected return of 0.092% will be sustainable into the future. 3M Company today owns a risk of 1.91%. Please confirm 3M Company maximum drawdown, and the relationship between the information ratio and expected short fall to decide if 3M Company will be following its current price history.
  
3M Performance
3 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in 3M Company are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Even with relatively steady primary indicators, 3M is not utilizing all of its potentials. The latest stock price chaos, may contribute to medium-term losses for the stakeholders. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.0478
Payout Ratio
0.59
Last Split Factor
2:1
Forward Annual Dividend Rate
5.96
Dividend Date
2022-12-12
Ex Dividend Date
2022-11-17

3M Price Channel

Begin Period Cash Flow4634000000.00
Total Cashflows From Investing Activities-1317000000.00

3M Relative Risk vs. Return Landscape

If you would invest  12,024  in 3M Company on September 2, 2022 and sell it today you would earn a total of  575.00  from holding 3M Company or generate 4.78% return on investment over 90 days. 3M Company is generating 0.092% of daily returns assuming volatility of 1.9064% on return distribution over 90 days investment horizon. In other words, 16% of stocks are less volatile than 3M, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon 3M is expected to generate 1.36 times less return on investment than the market. In addition to that, the company is 1.26 times more volatile than its market benchmark. It trades about 0.05 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.08 per unit of volatility.

3M Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for 3M's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as 3M Company, and traders can use it to determine the average amount a 3M's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0483

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Estimated Market Risk
 1.91
  actual daily
 
 16 %
of total potential
 
1616
Expected Return
 0.09
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.05
  actual daily
 
 3 %
of total potential
 
33
Based on monthly moving average 3M is performing at about 3% 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 3M by adding it to a well-diversified portfolio.

About 3M Performance

To evaluate 3M Company Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when 3M generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare 3M Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand 3M Company market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents 3M's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-62 M-63.6 M
Return on Investment 22.94  28.39 
Return on Average Assets 12.54  14.55 
Return on Average Equity 42.42  38.36 
Return on Invested Capital 0.21  0.23 
Return on Sales 0.20  0.20 

Things to note about 3M Company

Checking the ongoing alerts about 3M for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for 3M Company help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

3M Alerts

Equity Alerts and Improvement Suggestions

Additionally, see Correlation Analysis. You can also try Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for analysis

When running 3M Company 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 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.
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Is 3M'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 3M. If investors know 3M 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 3M 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 YOY
1.76
Market Capitalization
69.7 B
Quarterly Revenue Growth YOY
(0.036) 
Return On Assets
0.0674
Return On Equity
46.08
The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M'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 3M's market value can be influenced by many factors that don't directly affect 3M'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 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine 3M value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M'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.