3m Company Stock Price on September 12, 2023
| MMM Stock | USD 150.09 2.22 1.50% |
If you're considering investing in 3M Stock, it is important to understand the factors that can impact its price. As of today, the current price of 3M stands at 150.09, as last reported on the 5th of August, with the highest price reaching 151.21 and the lowest price hitting 148.00 during the day. As of now, 3M Stock is very steady. 3M Company retains Efficiency (Sharpe Ratio) of 0.0924, which signifies that the company had a 0.0924 % return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for 3M, which you can use to evaluate the volatility of the firm. Please confirm 3M's Standard Deviation of 1.61, market risk adjusted performance of 0.1198, and Coefficient Of Variation of 1082.33 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. 3M Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
3M Main Headline on 12th of September 2023
3M Company dividend paid on 12th of September 2023 |
3M Valuation on September 12, 2023
It is possible to determine the worth of 3M on a given historical date. On September 12, 2023 3M was worth 84.73 at the beginning of the trading date compared to the closed value of 84.42. 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 3M 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 | |
| 84.30 | 85.26 | 84.13 | 85.00 | 3,398,314 | |
09/12/2023 | 84.73 | 85.72 | 84.35 | 84.42 | 3,823,134 |
| 84.41 | 84.67 | 79.18 | 79.61 | 9,059,820 |
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3M Trading Date Momentum on September 12, 2023
| On September 13 2023 3M Company was traded for 79.61 at the closing time. Highest 3M's price during the trading hours was 84.67 and the lowest price during the day was 79.18 . The net volume was 9.1 M. The overall trading history on the 13th of September 2023 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 5.70% . The daily price change to current price is 8.93% . |
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 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.
Price Boundaries
3M Period Price Range
Low | August 5, 2025
| High |
0.00 | 0.00 |
3M Company cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
3M August 5, 2025 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's price 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 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 | 0.0791 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0152 | |||
| Treynor Ratio | 0.1098 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Medical Equipment space 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 if 3M is a good investment 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.