Marathon Oil Corporation (MRO)

New York Stock Exchange
USD
US5658491064
2 January 1962  –  14 June 2024

Performance

Annualized Return
7.22%
Sharpe Ratio
0.38
Maximum Drawdown
-91.74%

Metrics

Metric Marathon Oil Corporation
Initial Balance $10,000
Final Balance $780,221
Returns   [View more details]
Month-To-Date -5.73%
Year-To-Date 13.53%
3M 5.41%
6M 14.62%
Annual Return (3Y) 28.46%
Annual Return (5Y) 17.59%
Annual Return (All) 7.22%
Risk   [View more details]
Annual Volatility 35.39%
Max Drawdown -91.74%
Sharpe Ratio 0.38
Sortino Ratio 0.55
Adjusted Sortino (S/√2) 0.39

  • Initial balance: The amount of starting capital used to invest in the asset or portfolio. In this case, we're starting with a $10,000 investment on January 1962.
  • Final balance: The amount of capital we've accrued over time as of June 2024.
  • Annual return: Also known as annualized return, or CAGR (Compound Annual Growth Rate), measures how much an investment has increased on average each year, during a specific time period. The time period in this case is approximately 62 year(s). Even a small difference in return can have a big impact on the final balance over a long period of time.
  • Annual volatility: Basically indicates how much, in percentage points, the investment can deviate from its annual return, under most circumstances. An investment with an annual return of 5% and an annual volatility of 10% would indicate returns from approximately -5% to 15% most of the time. A lower volatility is usually preferred to ensure more steady returns over time.
  • Best year: The best performance attained over its lifetime in a given year.
  • Worst year: The worst performance undergone over its lifetime in a given year.
  • Max drawdown: The largest percentage drop from a peak to a trough of an asset or portfolio, before a new peak is attained. Maximum drawdown is an indicator of downside risk over a specified time period.
  • Sharpe Ratio: The Sharpe ratio measures the performance of an investment compared to a risk-free asset, after adjusting for its risk. A Sharpe Ratio above 1 is considered good.
  • Sortino Ratio: The Sortino Ratio is a variation of the Sharpe ratio that only penalizes the investment for negative volatility/outcomes, and not for positive volatility. A Sortino Ratio above 1 is considered good.
  • Adjusted Sortino Ratio: Sortino Ratio/√2. To allow for comparing the Sortino ratio to the Sharpe ratio, we multiply the risk measure of the Sortino ratio by the square root of 2 (which is the same as dividing the Sortino ratio by the square root of 2).
  • Ulcer Index: The Ulcer Index (UI) is a technical indicator that measures downside risk in terms of both the depth and duration of price declines.
  • Gain to Pain Ratio: The sum of all returns divided by the absolute value of the sum of all negative returns. In essence, the GPR shows the ratio of net returns to the losses incurred in getting those returns.

Annualized Returns

Annual Return 1y Annual Return 3y Annual Return 5y Annual Return 10y Annual Return 20y Annual Return
Marathon Oil Corporation 21.24% 28.46% 17.59% -1.98% 6.78% 7.22%

Annual Returns

Year Marathon Oil Corporation
1962 15.52%
1963 32.04%
1964 17.51%
1965 -8.6%
1966 15.85%
1967 35.9%
1968 33.52%
1969 -31.12%
1970 -3.76%
1971 -2.8%
1972 5.02%
1973 28.33%
1974 6.36%
1975 79.62%
1976 19.61%
1977 -32.92%
1978 -28.38%
1979 -11.65%
1980 52.7%
1981 29.18%
1982 -23.73%
1983 50.83%
1984 -10.68%
1985 5.95%
1986 -14.33%
1987 44.36%
1988 2.49%
1989 27.33%
1990 -11.04%
1991 1.05%
1992 -25.46%
1993 -0.62%
1994 3.14%
1995 23.63%
1996 26.62%
1997 44.93%
1998 -8.4%
1999 -15.58%
2000 16.4%
2001 11.61%
2002 -26.31%
2003 61.39%
2004 17.06%
2005 66.01%
2006 54.62%
2007 33.92%
2008 -53.97%
2009 17.83%
2010 22.4%
2011 35.36%
2012 7.22%
2013 17.52%
2014 -18%
2015 -54.14%
2016 39.98%
2017 -0.82%
2018 -14.37%
2019 -3.93%
2020 -50.38%
2021 149.77%
2022 66.91%
2023 -9.29%
2024 13.53%

Marathon Oil Corporation had 39 positive years and 24 negative years. That's a positive ratio of 62%.

Monthly Returns

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
1962 4% 4.5% -3.7% -5% 3% -6.2% 2.7% -3.5% 5.7% 6.7% 3.4% 4.1% 15.5%
1963 3.4% -5.4% 14.1% 4% 4.3% 9.1% -3.9% 7.1% -6.6% -2.1% 5.9% 0.5% 32%
1964 1.3% 2.9% -2.6% 8.8% 7.3% -3.6% -1.8% -1.6% 6% -0.4% 0.8% 0% 17.5%
1965 2% -6.9% -5.2% -0.2% 4.7% -3.8% -0% 2.1% 7.2% -9.1% 0.3% 1.4% -8.6%
1966 3.1% -4.9% -0.7% -1.2% -3.7% -2.4% 6.8% -0.7% 2.6% 13.7% -3.3% 7% 15.9%
1967 4% 3.8% 2.1% 3.1% 1.6% -4.6% 17.5% -3.3% -3.9% 3.7% -5% 14.8% 35.9%
1968 4.1% 5.3% -4.4% 13% 6.1% -5.1% 3.3% -2.3% 4.1% 9.3% -0.3% -2.3% 33.5%
1969 -0.9% -3.3% 15.6% -8.2% 0.1% -1.4% -12% 4.1% -17.1% -3.4% -2.9% -3.7% -31.1%
1970 -7.3% 12% 0.3% -5.7% -3.3% -6.7% -0.4% 3.6% 2.4% -6.2% -2.5% 12.5% -3.8%
1971 1.2% -2.8% 4.8% 5.3% -4.7% -0.4% -14.8% 16.3% -8.1% -7.1% -0.5% 12% -2.8%
1972 6.2% 2.7% 1.5% -5.2% -3.9% -1.2% -4.5% 5.4% -1.3% -3.9% 21.8% -9.3% 5%
1973 3.7% -3.1% 9.5% 0.1% -6.9% 0% -6.2% 5% 9.7% 11.5% -8.6% 13.6% 28.3%
1974 7.3% 9.8% -2.9% 2.1% -4.1% 7.3% 2.6% -5.4% -8.9% 9.7% -7% -1.9% 6.4%
1975 24.3% 5.5% 19.6% 9.2% -7% 4% -4.5% 10.9% -1.4% -0.9% 2% 2.6% 79.6%
1976 27.5% -3.7% 0.5% 3.6% -3.1% 3% -4.4% -6.5% 3.9% -4.1% 0.8% 4.5% 19.6%
1977 -8.4% 2.8% -1.6% 0.3% -7.9% -4.2% -8.8% -6.5% -15% 8.1% -0.4% 5% -32.9%
1978 -9.1% -8.3% -1.5% 12.8% 3.2% -9.8% 10.1% -8.7% 1% -11.4% -1% -6.6% -28.4%
1979 17.1% -7% 7.1% -3.5% -5.4% -1.1% 6.9% 1.2% 1.1% -10.2% -15.8% 1.5% -11.7%
1980 12.9% -1.2% -8.5% 8.6% 0.2% 1.3% 27.2% -4.2% -3.3% 1.8% 2.3% 10.6% 52.7%
1981 10.1% 4.7% 25.5% -2.9% -3% -8.8% 5% -8.9% -6.7% 9.2% 4.9% 1.7% 29.2%
1982 -12.6% -2.9% -6.5% 5.9% -8.8% -15.9% -4.1% 7.3% -4.1% 7.8% 4% 7% -23.7%
1983 -0.6% 8.5% 2.2% 6.6% 11.4% -7.9% -0% 13.3% -0.5% 0% 8.7% 2.1% 50.8%
1984 2.1% -11.3% 11% -2.9% -9.9% -7.1% -8.7% 12.4% 1% -5.5% 6.9% 4.5% -10.7%
1985 3.8% 2.3% -1.4% 0% 7% -3% 11.2% -2.3% 5.4% -13.4% -2.6% 1% 6%
1986 -12.2% 2.4% -5.8% -9.6% 10.4% -5.7% -21.2% 18.4% 25.8% 9.5% -17.8% 1.8% -14.3%
1987 8.1% 4% 17.8% 0.4% 7.3% 5% 22.2% -2.2% -0.3% -26.2% 3.4% 5.8% 44.4%
1988 3.4% 8.4% -12.5% 11.7% -1.4% 0.8% -2.4% -8% -0.4% -0.1% -1.4% 6.9% 2.5%
1989 9% -0.5% 4% 5.4% 2.5% -1.1% 4.3% -1.4% -5.7% 4.5% 0.7% 3.6% 27.3%
1990 -6.3% 7.8% -0.4% -7.1% 2.7% -1.9% 4.6% -5.9% -6.2% 4.2% 0.7% -2.4% -11%
1991 2.5% -0% 0.4% 2.3% -2% -12.2% 12.8% 30.7% -5.7% -3.2% -8.6% -9.3% 1.1%
1992 -6.1% 1% -12.6% 15% 4.3% -7.9% -1.2% -9.6% -2% -8.7% -2.7% 4.6% -25.5%
1993 -1.5% 12.2% 3.3% -5.1% 2.3% -10% 4.4% 16% -1.2% -7.5% -7.9% -2.2% -0.6%
1994 13.2% -6.8% -4.4% 2.3% 2.5% -2.2% 3.7% 0.3% 2.9% 7.3% -4.6% -9% 3.1%
1995 -2.3% 2.7% 7.7% 7.1% 6.9% -0.6% 1.9% 3.4% -4.2% -10.1% 4.5% 6.1% 23.6%
1996 -3.9% -0.4% 4.1% 14.3% 0.2% -8% 1.9% 2.7% 3.6% 1.2% 5.5% 4.4% 26.6%
1997 11.5% 0.7% 4.7% -0.9% 8.9% -3.4% 11.5% 1.8% 14.2% -3.9% -3.7% -1.5% 44.9%
1998 -0.6% 3.6% 8.9% -4.8% -1.7% -2% -0.6% -23.3% 36.3% -7.8% -12.6% 6.2% -8.4%
1999 -24.5% -8.3% 32.9% 13.6% -3.5% 8.8% -6.7% 3.1% -6% -0.4% -8.6% -6.6% -15.6%
2000 4.1% -15% 20.5% -10.8% 17.9% -7.8% -2.5% 13.2% 3.5% -4.2% -2.2% 5.2% 16.4%
2001 -1.4% 1.8% -2.4% 18.6% 2% -8.8% 0.5% 7% -15.1% 3.1% 0.2% 9.5% 11.6%
2002 -6.5% -1.1% 4.7% 0.9% -4.9% -1.1% -10.6% 3% -8.4% -7.9% -3.1% 6.5% -26.3%
2003 -1.8% 11.7% 3.8% -5% 14.1% 2.4% -2.3% 9.4% 2.2% 3.8% 1% 11.8% 61.4%
2004 -1.8% 9% -4.2% -0.3% 0.1% 13.5% -0.5% -3% 13.8% -7.7% 4.3% -4.6% 17.1%
2005 3% 23% -0.9% -0.8% 4.8% 10.1% 9.4% 10.8% 7.2% -12.7% -0.9% 2.8% 66%
2006 26.1% -7.7% 7.9% 4.2% -5% 11% 8.8% -7.5% -7.9% 12.4% 9.7% -2% 54.6%
2007 -2.3% 0.9% 8.9% 2.8% 22.5% -3.1% -7.9% -1.9% 5.8% 3.7% -5.1% 8.9% 33.9%
2008 -22.7% 13.5% -14.2% -0.1% 13.3% 0.9% -4.6% -8.4% -11.5% -27% -9.2% 4.5% -54%
2009 -0.5% -13.8% 13% 13% 8.3% -5.5% 7% -3.5% 3.3% 0.2% 2.7% -4.3% 17.8%
2010 -4.5% -2.1% 9.3% 1.6% -2.5% -0% 7.6% -8.2% 8.6% 7.5% -5.2% 10.6% 22.4%
2011 23.4% 9.1% 7.5% 1.4% 0.7% -2.8% -1.4% -12.6% -19.8% 20.6% 8% 4.7% 35.4%
2012 7.2% 8.5% -6.5% -7.4% -14.5% 2.7% 3.5% 5.8% 6.3% 1.7% 3.2% -0.6% 7.2%
2013 9.6% 0.2% 0.7% -3.1% 5.8% 0.6% 5.2% -4.8% 1.3% 1.1% 2.7% -2.1% 17.5%
2014 -7.1% 2.8% 6% 1.8% 2% 8.9% -2.9% 8.2% -9.8% -5.8% -17.8% -2.2% -18%
2015 -6% 5.5% -6.3% 19.1% -11.9% -2.4% -20.8% -16.7% -10.9% 19.4% -4.5% -28.1% -54.1%
2016 -22.7% -15% 35.7% 26.5% -6.9% 14.8% -9.1% 10.5% 5.3% -16.6% 37.5% -4.2% 40%
2017 -3.2% -4.2% -1.3% -5.9% -12.1% -9% 3.2% -8.7% 21.9% 4.9% 4.7% 14.1% -0.8%
2018 7.4% -19.9% 11.1% 13.1% 17.7% -2.7% 1.3% 2.1% 8.2% -18.4% -11.9% -14.1% -14.4%
2019 10.1% 5.4% 0.7% 2% -22.6% 8.1% -1% -15.5% 3.6% -6% 1.5% 16.6% -3.9%
2020 -16.3% -26.8% -60.3% 86% -12.8% 14.6% -10.3% -3.8% -22.5% -3.2% 50.3% 12.7% -50.4%
2021 8.6% 53.8% -3.8% 5.4% 7.9% 12.5% -14.9% 1.8% 16.3% 19.4% -4.7% 6% 149.8%
2022 18.6% 16.3% 11.3% -0.8% 26.5% -28.5% 10.3% 3.5% -11.8% 34.9% 0.9% -11.6% 66.9%
2023 1.5% -8.1% -4.7% 0.8% -7.9% 3.9% 14.1% 0.7% 1.5% 2.1% -6.5% -5% -9.3%
2024 -5.4% 6.6% 16.9% -5.3% 7.9% -5.7% - - - - - - 13.5%
Pos 55.6% 57.1% 58.7% 61.3% 57.1% 34.4% 50% 51.6% 51.6% 48.4% 48.4% 63.9% 61.9%
Avg 1.7% 1.3% 2.8% 4% 1.1% -1.4% 0.6% 0.7% 0.2% -0.2% 0.2% 2.1% 12.3%

Other Return Metrics

Metric Marathon Oil Corporation
Cumulative Return 7702.21%
Enh Ann Return 11.1%
Best Year 149.77%
Worst Year -54.14%
Best Month 86.02%
Worst Month -60.27%
Best Day 23.36%
Worst Day -46.85%
Win Ratio (Yearly) 61.9%
Win Ratio (Quarterly) 61.6%
Win Ratio (Monthly) 53.14%
Win Ratio (Daily) 50.44%

Annual Volatility

Annual Volatility 1y Annual Volatility 3y Annual Volatility 5y Annual Volatility 10y Annual Volatility 20y Annual Volatility
Marathon Oil Corporation 28.49% 42.96% 58.73% 53.12% 46.42% 35.39%

Sharpe Ratio

Sharpe Ratio 1y Sharpe Ratio 3y Sharpe Ratio 5y Sharpe Ratio 10y Sharpe Ratio 20y Sharpe Ratio
Marathon Oil Corporation 0.82 0.8 0.58 0.24 0.38 0.38

3-Year Rolling Sharpe Ratio

The rolling Sharpe Ratio gives a clue about the continued consistency or stability of the risk-adjusted returns.

Drawdown Periods

Simply said, a drawdown is the "pain" period experienced by an investor between a peak (new highs) and subsequent valley (a low point before moving higher). In the table below are the fifth largest drawdowns encountered for the portfolio/asset in question.

Marathon Oil Corporation

start valley end days Drawdown
2014-09-02 2020-04-01 - 3573 -91.74%
2007-06-18 2008-11-20 2012-02-24 1712 -69.48%
1976-03-11 1980-03-27 1987-05-06 4073 -64.62%
1969-04-01 1971-11-23 1974-07-19 1935 -51.23%
1991-08-30 1992-10-15 1997-01-10 1960 -48.19%

The Marathon Oil Corporation took approximately 88 months on average to recover from a major drawdown. The longest drawdown lasted 136 months.

Underwater plot

The underwater plot shows you the drawdown periods on a chart. Whereas the performance chart usually gives you a positive viewpoint, the underwater plot gives you a pessimistic viewpoint. It helps you to visualize downtrends that occurred and how long it took for the portfolio's value to rebound to hit a new high after suffering a loss.

Other Risk Metrics

Metric Marathon Oil Corporation
Sharpe Ratio 0.38
Sortino Ratio 0.55
Adjusted Sortino (S/√2) 0.39
Calmar Ratio 0.08
Omega Ratio 1.07
Gain to Pain Ratio 0.07
Winckel Ratio 55.56
Ulcer Index 0.34
Kelly Criterion 3.42%
Skew -0.34
Kurtosis 24.87
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