Mercantil (Brazil) Price on March 6, 2018
| MERC4 Preferred Stock | BRL 7.71 0.00 0.00% |
If you're considering investing in Mercantil Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Mercantil stands at 7.71, as last reported on the 25th of April, with the highest price reaching 7.71 and the lowest price hitting 7.71 during the day. Mercantil do Brasil has Sharpe Ratio of -0.14, which conveys that the firm had a -0.14% return per unit of risk over the last 3 months. Mercantil exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mercantil's Downside Deviation of 7.78, risk adjusted performance of 0.0127, and Mean Deviation of 2.2 to check out the risk estimate we provide.
Mercantil Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Mercantil |
Sharpe Ratio = -0.1368
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Estimated Market Risk
| 4.08 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.56 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mercantil is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mercantil by adding Mercantil to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Mercantil Preferred Stock history
Mercantil investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mercantil is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mercantil do Brasil will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mercantil stock prices may prove useful in developing a viable investing in Mercantil
Mercantil do Brasil Financeira S.A. provides retail banking products and services to individuals and legal entities in Brazil. The company was founded in 1943 and is headquartered in Belo Horizonte, Brazil. Mercantil operates under Savings Cooperative Banks classification in Brazil and is traded on Sao Paolo Stock Exchange.
Mercantil Preferred Stock Technical Analysis
Mercantil technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Mercantil Period Price Range
Mercantil April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Mercantil preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Mercantil shares will generate the highest return on investment. By undertsting and applying Mercantil preferred stock market strength indicators, traders can identify Mercantil do Brasil entry and exit signals to maximize returns
Mercantil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mercantil's price direction in advance. Along with the technical and fundamental analysis of Mercantil Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mercantil to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0127 | |||
| Jensen Alpha | 0.0184 | |||
| Total Risk Alpha | (0.86) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2429 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mercantil do Brasil. 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 Mercantil do Brasil information on this page should be used as a complementary analysis to other Mercantil'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Mercantil Preferred Stock analysis
When running Mercantil's price analysis, check to measure Mercantil'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 Mercantil is operating at the current time. Most of Mercantil's value examination focuses on studying past and present price action to predict the probability of Mercantil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercantil's price. Additionally, you may evaluate how the addition of Mercantil to your portfolios can decrease your overall portfolio volatility.
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