Marfrig Global (Brazil) Price on October 15, 2024
If you're considering investing in Marfrig Stock, it is important to understand the factors that can impact its price. Marfrig Global Foods has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22% return per unit of risk over the last 3 months. By analyzing Marfrig Global's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk.
Marfrig Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Marfrig |
Sharpe Ratio = 0.0
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Based on monthly moving average Marfrig Global 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 Marfrig Global by adding Marfrig Global to a well-diversified portfolio.
Marfrig Global Valuation on October 15, 2024
It is possible to determine the worth of Marfrig Global on a given historical date. On October 15, 2024 Marfrig was worth 13.17 at the beginning of the trading date compared to the closed value of 13.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Marfrig Global stock. Still, in general, we apply an absolute valuation method to find Marfrig Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Marfrig Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Marfrig Global's related companies.
| Open | High | Low | Close | Volume | |
| 12.74 | 13.31 | 12.60 | 13.17 | 4,665,500 | |
10/15/2024 | 13.17 | 13.47 | 13.17 | 13.39 | 3,525,600 |
| 13.39 | 13.64 | 13.21 | 13.39 | 3,735,400 |
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Marfrig Global Trading Date Momentum on October 15, 2024
| On October 16 2024 Marfrig Global Foods was traded for 13.39 at the closing time. The highest price during the trading period was 13.64 and the lowest recorded bid was listed for 13.21 . The volume for the day was 3.7 M. This history from October 16, 2024 did not cause price change. The trading delta at closing time to the current price is 8.14% . |
Marfrig Global Foods Fundamentals Correlations and Trends
By evaluating Marfrig Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Marfrig Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Marfrig financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Marfrig Global Stock history
Marfrig Global 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 Marfrig is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Marfrig Global Foods 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 Marfrig Global stock prices may prove useful in developing a viable investing in Marfrig Global
Marfrig Global Foods S.A., through its subsidiaries, operates in the food and food service industries in Brazil, the United States, Uruguay, and Argentina. Marfrig Global Foods S.A. was founded in 1986 and is headquartered in So Paulo, Brazil. MARFRIG ON operates under Packaged Foods classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 31779 people.
Marfrig Global Stock Technical Analysis
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.
Price Boundaries
Marfrig Global Period Price Range
Low | December 2, 2024
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0.00 | 0.00 |
Marfrig Global Foods cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Marfrig Global December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Marfrig Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Marfrig Global shares will generate the highest return on investment. By undertsting and applying Marfrig Global stock market strength indicators, traders can identify Marfrig Global Foods entry and exit signals to maximize returns
Marfrig Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Marfrig Global's price direction in advance. Along with the technical and fundamental analysis of Marfrig Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Marfrig 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 | 0.1727 | |||
| Jensen Alpha | 0.5592 | |||
| Total Risk Alpha | 0.1129 | |||
| Sortino Ratio | 0.1951 | |||
| Treynor Ratio | (1.89) |
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Additional 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.