Marfrig Global Foods Stock Technical Analysis
| MRRTY Stock | USD 2.19 0.02 0.92% |
As of the 20th of May, Marfrig Global secures the Mean Deviation of 2.7, risk adjusted performance of 0.0764, and Downside Deviation of 3.52. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Marfrig Global Foods, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Marfrig Global, which can be compared to its peers in the industry. Please verify Marfrig Global Foods treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Marfrig Global Foods is priced some-what accurately, providing market reflects its recent price of 2.19 per share. Please also check out Marfrig Global total risk alpha, which is currently at (0.14) to check the company can sustain itself at a future point.
Marfrig Global Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Marfrig, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MarfrigMarfrig |
Marfrig Global technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Marfrig Global Foods Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Marfrig Global Foods volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Marfrig Global Foods Trend Analysis
Use this graph to draw trend lines for Marfrig Global Foods. You can use it to identify possible trend reversals for Marfrig Global as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Marfrig Global price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Marfrig Global Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Marfrig Global Foods applied against its price change over selected period. The best fit line has a slop of 0 , which means Marfrig Global Foods will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.14, which is the sum of squared deviations for the predicted Marfrig Global price change compared to its average price change.About Marfrig Global Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Marfrig Global Foods on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Marfrig Global Foods based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Marfrig Global Foods price pattern first instead of the macroeconomic environment surrounding Marfrig Global Foods. By analyzing Marfrig Global's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Marfrig Global's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Marfrig Global specific price patterns or momentum indicators. Please read more on our technical analysis page.
Marfrig Global May 20, 2024 Technical Indicators
Most technical analysis of Marfrig help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Marfrig from various momentum indicators to cycle indicators. When you analyze Marfrig charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | 0.0764 | |||
| Market Risk Adjusted Performance | 0.4284 | |||
| Mean Deviation | 2.7 | |||
| Semi Deviation | 2.93 | |||
| Downside Deviation | 3.52 | |||
| Coefficient Of Variation | 860.61 | |||
| Standard Deviation | 3.52 | |||
| Variance | 12.42 | |||
| Information Ratio | 0.088 | |||
| Jensen Alpha | 0.3142 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0882 | |||
| Treynor Ratio | 0.4184 | |||
| Maximum Drawdown | 17.34 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 5.85 | |||
| Downside Variance | 12.36 | |||
| Semi Variance | 8.56 | |||
| Expected Short fall | (3.19) | |||
| Skewness | 0.4293 | |||
| Kurtosis | 0.6614 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marfrig Global Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Marfrig Pink Sheet analysis
When running Marfrig Global's price analysis, check to measure Marfrig Global'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 Marfrig Global is operating at the current time. Most of Marfrig Global's value examination focuses on studying past and present price action to predict the probability of Marfrig Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marfrig Global's price. Additionally, you may evaluate how the addition of Marfrig Global to your portfolios can decrease your overall portfolio volatility.
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