3M Stock Price on July 26, 2022 Breakdown

MMM
 Stock
  

USD 111.12  4.05  3.52%   

As of today, the current price of 3M is  111.12 , as last reported on the 6th of October, with the highest price reaching  114.93  and the lowest price hitting  110.21  during the day.
3M Company retains Efficiency (Sharpe Ratio) of -0.0747, which signifies that the company had -0.0747% of return per unit of price deviation over the last 3 months. Macroaxis outlook to foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. 3M exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm 3M Company Market Risk Adjusted Performance of (0.14), standard deviation of 2.02, and Coefficient Of Variation of (1,312) to double-check the risk estimate we provide.
  

3M Main Headline on 26th of July 2022

EPS Reported
by EPS REPORTED
EPS Reported: 2.48 - No Surprise

3M Valuation on July 26, 2022

It is possible to determine the worth of 3M on a given historical date. On July 26, 2022 3M was worth 143.51 at the beginning of the trading date compared to the closed value of 140.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 3M stock. Still, in general, we apply an absolute valuation method to find 3M'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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 3M's related companies.
 Open High Low Close Volume
  134.00    135.10    133.78    134.12    2,354,100  
07/26/2022
  143.51    145.70    138.52    140.75    12,551,200  
  139.62    140.21    137.57    138.86    5,030,300  
Backtest 3M  |  3M History  |  3M Valuation   PreviousNext  
Open Value 143.51
137.38
Downside
140.75
Closing Value
149.64
Upside

3M Trading Date Momentum on July 26, 2022

On July 27 2022 3M Company was traded for  138.86  at the closing time. Highest 3M's price during the trading hours was 140.21  and the lowest price during the day was  137.57 . The net volume was 5 M. The overall trading history on the 27th of July contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.34% . The daily price change to current price is 4.45% .

3M Company Fundamentals Correlations and Trends

By evaluating 3M'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 3M's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 3M financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About 3M Stock history

3M 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 3M is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 3M Company 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 3M historical stock prices may prove useful in developing a viable investing in 3M
3M Company operates as a diversified technology company worldwide. It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. 3M operates under Conglomerates classification in the United States and is traded on New York Stock Exchange. It employs 95000 people.

3M Stock Technical Analysis

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.
A focus of 3M technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of 3M trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

3M Period Price Range

Low
July 26, 2022
High

 143.51 

  

 140.75 

-2.76-1.92%

3M October 6, 2022 Market Strength

Market strength indicators help investors to evaluate how 3M stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 3M shares will generate the highest return on investment. By undertsting and applying 3M stock market strength indicators, traders can identify 3M Company entry and exit signals to maximize returns

3M Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for 3M stock's direction in advance. Along with the technical and fundamental analysis of 3M Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 3M 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 stock 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.
Additionally, see Correlation Analysis. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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.
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.