Marfrig Global (Brazil) Technical Analysis

MRFG3 Stock  BRL 9.59  0.14  1.44%   
As of the 25th of April, Marfrig Global secures the Downside Deviation of 2.74, mean deviation of 2.13, and Risk Adjusted Performance of 0.0335. 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 analyze nineteen technical drivers for Marfrig Global, which can be compared to its peers in the industry. Please verify Marfrig Global Foods information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Marfrig Global Foods is priced some-what accurately, providing market reflects its recent price of 9.59 per share.

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 Marfrig
  
Marfrig Global's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Marfrig Global 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.
A focus of Marfrig Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Marfrig Global trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Marfrig Global Foods Technical Analysis

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The output start index for this execution was ten with a total number of output elements of fifty-one. 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   0.02  , which means Marfrig Global Foods will continue generating value for investors. It has 122 observation points and a regression sum of squares at 15.12, 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 April 25, 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.
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 nation.
Note that the Marfrig Global Foods information on this page should be used as a complementary analysis to other Marfrig Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Marfrig Stock 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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Please note, there is a significant difference between Marfrig Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marfrig Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marfrig Global'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.