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Asset Summary

Daily Performance Report for MRO ETF: Nov 16, 2024

Summary: The day started with MRO ETF opening at $28.6 and closing at $28.6. The ETF showed stability throughout the day, with the highest price observed at $28.6 and the lowest at $28.6. The underlying asset had a trading range of $0.00 Overall, it was a neutral trading day for MRO ETF, reflecting stability in market activity.

Change in Closing Price: There was a net no change in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for MRO ETF was 150 units during Nov 16, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $28.6.

Highest Price: The highest price observed during the day was $28.6.

Lowest Price: The lowest price observed during the day was $28.6.

Closing Price: The day ended at $28.6.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

Marathon Oil operates primarily in the United States, with key assets in the Bakken, Eagle Ford, and Oklahoma regions.

You can track Marathon Oil’s stock performance through financial news websites and the investor relations section of their website.

Yes, Marathon Oil is publicly traded on the New York Stock Exchange under the ticker symbol MRO.

Yes, Marathon Oil has a history of paying dividends, and the current dividend policy can be found on their investor relations page.

Marathon Oil is committed to sustainable practices, focusing on reducing emissions and enhancing energy efficiency in operations.

Marathon Oil provides regular updates through earnings calls, press releases, and an investor relations section on their website.

Challenges include fluctuating oil prices, regulatory changes, and environmental concerns impacting operations.

You can invest in Marathon Oil by purchasing shares through a brokerage account on the NYSE under the symbol MRO.

Marathon Oil is headquartered in Houston, Texas.

Founded in 1887, Marathon Oil has evolved through mergers and acquisitions, becoming a prominent player in the oil and gas industry.

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Disclaimers

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