Marcopolo (Brazil) Technical Analysis
POMO3 Stock | BRL 5.86 0.09 1.56% |
As of the 29th of March, Marcopolo secures the Mean Deviation of 1.76, downside deviation of 2.45, and Risk Adjusted Performance of 0.0934. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Marcopolo SA, 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 Marcopolo, which can be compared to its peers in the industry. Please verify Marcopolo SA maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if Marcopolo SA is priced some-what accurately, providing market reflects its recent price of 5.86 per share.
Marcopolo Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Marcopolo, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MarcopoloMarcopolo |
Marcopolo 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.
Marcopolo SA Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 Marcopolo SA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Marcopolo SA Trend Analysis
Use this graph to draw trend lines for Marcopolo SA. You can use it to identify possible trend reversals for Marcopolo 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 Marcopolo price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Marcopolo Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Marcopolo SA applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Marcopolo SA will continue generating value for investors. It has 122 observation points and a regression sum of squares at 19.83, which is the sum of squared deviations for the predicted Marcopolo price change compared to its average price change.About Marcopolo 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 Marcopolo SA 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 Marcopolo SA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Marcopolo SA price pattern first instead of the macroeconomic environment surrounding Marcopolo SA. By analyzing Marcopolo'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 Marcopolo'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 Marcopolo specific price patterns or momentum indicators. Please read more on our technical analysis page.
Marcopolo March 29, 2024 Technical Indicators
Most technical analysis of Marcopolo 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 Marcopolo from various momentum indicators to cycle indicators. When you analyze Marcopolo 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0934 | |||
Market Risk Adjusted Performance | 0.959 | |||
Mean Deviation | 1.76 | |||
Semi Deviation | 2.08 | |||
Downside Deviation | 2.45 | |||
Coefficient Of Variation | 647.07 | |||
Standard Deviation | 2.24 | |||
Variance | 5.04 | |||
Information Ratio | 0.0944 | |||
Jensen Alpha | 0.2925 | |||
Total Risk Alpha | (0.17) | |||
Sortino Ratio | 0.0863 | |||
Treynor Ratio | 0.949 | |||
Maximum Drawdown | 10.58 | |||
Value At Risk | (3.48) | |||
Potential Upside | 4.24 | |||
Downside Variance | 6.03 | |||
Semi Variance | 4.31 | |||
Expected Short fall | (1.95) | |||
Skewness | (0.45) | |||
Kurtosis | 0.4821 |
Marcopolo March 29, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Marcopolo stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 4,672 | ||
Daily Balance Of Power | 0.90 | ||
Rate Of Daily Change | 1.02 | ||
Day Median Price | 5.83 | ||
Day Typical Price | 5.84 | ||
Price Action Indicator | 0.08 |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Marcopolo SA. 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 Marcopolo SA information on this page should be used as a complementary analysis to other Marcopolo'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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Marcopolo Stock analysis
When running Marcopolo's price analysis, check to measure Marcopolo'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 Marcopolo is operating at the current time. Most of Marcopolo's value examination focuses on studying past and present price action to predict the probability of Marcopolo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marcopolo's price. Additionally, you may evaluate how the addition of Marcopolo to your portfolios can decrease your overall portfolio volatility.
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