Marfrig Global Foods Stock Market Value

MRRTY Stock  USD 1.99  0.08  3.86%   
Marfrig Global's market value is the price at which a share of Marfrig Global trades on a public exchange. It measures the collective expectations of Marfrig Global Foods investors about its performance. Marfrig Global is trading at 1.99 as of the 18th of April 2024; that is -3.86 percent decrease since the beginning of the trading day. The stock's open price was 2.07.
With this module, you can estimate the performance of a buy and hold strategy of Marfrig Global Foods and determine expected loss or profit from investing in Marfrig Global over a given investment horizon. Check out Marfrig Global Correlation, Marfrig Global Volatility and Marfrig Global Alpha and Beta module to complement your research on Marfrig Global.
Symbol

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.

Marfrig Global 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Marfrig Global's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Marfrig Global.
0.00
12/20/2023
No Change 0.00  0.0 
In 3 months and 30 days
04/18/2024
0.00
If you would invest  0.00  in Marfrig Global on December 20, 2023 and sell it all today you would earn a total of 0.00 from holding Marfrig Global Foods or generate 0.0% return on investment in Marfrig Global over 120 days. Marfrig Global is related to or competes with Nichirei, Kellanova, Lancaster Colony, A2 Milk, Artisan Consumer, Avi, and General Mills. Marfrig Global Foods S.A., through its subsidiaries, operates in the food and food service industries in Brazil, the Uni... More

Marfrig Global Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Marfrig Global's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Marfrig Global Foods upside and downside potential and time the market with a certain degree of confidence.

Marfrig Global Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Marfrig Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marfrig Global's standard deviation. In reality, there are many statistical measures that can use Marfrig Global historical prices to predict the future Marfrig Global's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Marfrig Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.101.995.41
Details
Intrinsic
Valuation
LowRealHigh
0.081.635.05
Details
Naive
Forecast
LowNextHigh
0.042.095.50
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1.852.002.15
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Marfrig Global. Your research has to be compared to or analyzed against Marfrig Global's peers to derive any actionable benefits. When done correctly, Marfrig Global's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Marfrig Global Foods.

Marfrig Global Foods Backtested Returns

Marfrig Global appears to be very risky, given 3 months investment horizon. Marfrig Global Foods has Sharpe Ratio of 0.0588, which conveys that the firm had a 0.0588% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Marfrig Global, which you can use to evaluate the volatility of the firm. Please exercise Marfrig Global's Risk Adjusted Performance of 0.0271, downside deviation of 3.23, and Mean Deviation of 2.61 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Marfrig Global holds a performance score of 4. The company secures a Beta (Market Risk) of 0.38, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Marfrig Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Marfrig Global is expected to be smaller as well. Please check Marfrig Global's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Marfrig Global's current price movements will revert.

Auto-correlation

    
  -0.73  

Almost perfect reverse predictability

Marfrig Global Foods has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Marfrig Global time series from 20th of December 2023 to 18th of February 2024 and 18th of February 2024 to 18th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Marfrig Global Foods price movement. The serial correlation of -0.73 indicates that around 73.0% of current Marfrig Global price fluctuation can be explain by its past prices.
Correlation Coefficient-0.73
Spearman Rank Test-0.56
Residual Average0.0
Price Variance0.01

Marfrig Global Foods lagged returns against current returns

Autocorrelation, which is Marfrig Global pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Marfrig Global's pink sheet expected returns. We can calculate the autocorrelation of Marfrig Global returns to help us make a trade decision. For example, suppose you find that Marfrig Global has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Marfrig Global regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Marfrig Global pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marfrig Global pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marfrig Global pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Marfrig Global Lagged Returns

When evaluating Marfrig Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marfrig Global pink sheet have on its future price. Marfrig Global autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Marfrig Global autocorrelation shows the relationship between Marfrig Global pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Marfrig Global Foods.
   Regressed Prices   
       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Marfrig Global in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Marfrig Global's short interest history, or implied volatility extrapolated from Marfrig Global options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Marfrig Global Correlation, Marfrig Global Volatility and Marfrig Global Alpha and Beta module to complement your research on Marfrig Global.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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.
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Money Managers
Screen money managers from public funds and ETFs managed around the world
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
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.
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...