122 2 2
Notes on chart
RobertBradford
3 years ago
3M’s beta is 1.1, making the stock 10% more volatile than the market. The company’s stock price is up 108.6% over the last five year span. S&P 500 is up 106.9% for the same period, while XLI, an industrials ETF, has risen 123.3%. 3M’s earnings are positively correlated to the US GDP by a factor of 0.88. Current forecasts for the US GDP growth are between 2-3% through 2016. Growth in GDP, even at a moderate pace, would translate to higher earnings for the company, as corporate profits rise with companies restocking their inventories with products manufactured by 3M.http://bit.ly/1c6ESLu
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out