3M (Brazil) Alpha and Beta Analysis
| MMMC34 Stock | BRL 122.24 1.52 1.23% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as 3M Company. It also helps investors analyze the systematic and unsystematic risks associated with investing in 3M over a specified time horizon. Remember, high 3M's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to 3M's market risk premium analysis include:
Beta (0.27) | Alpha 0.0892 | Risk 2.21 | Sharpe Ratio 0.0525 | Expected Return 0.12 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
3M |
3M Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. 3M market risk premium is the additional return an investor will receive from holding 3M long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in 3M. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate 3M's performance over market.| α | 0.09 | β | -0.27 |
3M expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of 3M's Buy-and-hold return. Our buy-and-hold chart shows how 3M performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.3M Market Price Analysis
Market price analysis 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 understating and applying 3M stock market price indicators, traders can identify 3M position entry and exit signals to maximize returns.
3M Return and Market Media
The median price of 3M for the period between Wed, Feb 7, 2024 and Tue, May 7, 2024 is 117.21 with a coefficient of variation of 5.34. The daily time series for the period is distributed with a sample standard deviation of 6.38, arithmetic mean of 119.35, and mean deviation of 4.99. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About 3M Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including 3M or other stocks. Alpha measures the amount that position in 3M Company has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards 3M in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, 3M's short interest history, or implied volatility extrapolated from 3M options trading.
Build Portfolio with 3M
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out 3M Backtesting, 3M Valuation, 3M Correlation, 3M Hype Analysis, 3M Volatility, 3M History and analyze 3M Performance. Note that the 3M Company information on this page should be used as a complementary analysis to other 3M's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary 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.
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