MRV Engenharia (Brazil) Price on October 22, 2024
| MRVE3 Stock | BRL 6.38 0.15 2.41% |
If you're considering investing in MRV Stock, it is important to understand the factors that can impact its price. As of today, the current price of MRV Engenharia stands at 6.38, as last reported on the 25th of November, with the highest price reaching 6.41 and the lowest price hitting 6.22 during the day. MRV Engenharia e has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of standard deviation over the last 3 months. MRV Engenharia exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MRV Engenharia's Risk Adjusted Performance of (0.06), market risk adjusted performance of (0.19), and Mean Deviation of 2.08 to check out the risk estimate we provide.
MRV Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MRV |
Sharpe Ratio = -0.1068
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Estimated Market Risk
| 2.58 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MRV Engenharia 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 MRV Engenharia by adding MRV Engenharia to a well-diversified portfolio.
MRV Engenharia Valuation on October 22, 2024
It is possible to determine the worth of MRV Engenharia on a given historical date. On October 22, 2024 MRV was worth 7.1 at the beginning of the trading date compared to the closed value of 6.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MRV Engenharia stock. Still, in general, we apply an absolute valuation method to find MRV Engenharia'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 MRV Engenharia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MRV Engenharia's related companies.
| Open | High | Low | Close | Volume | |
| 7.30 | 7.36 | 7.16 | 7.16 | 8,641,600 | |
10/22/2024 | 7.10 | 7.13 | 6.84 | 6.88 | 11,911,000 |
| 6.80 | 7.01 | 6.76 | 6.95 | 8,842,400 |
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MRV Engenharia Trading Date Momentum on October 22, 2024
| On October 23 2024 MRV Engenharia e was traded for 6.95 at the closing time. The highest price during the trading period was 7.01 and the lowest recorded bid was listed for 6.76 . The volume for the day was 8.8 M. This history from October 23, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.02% . The trading delta at closing time to the current price is 2.03% . |
MRV Engenharia e Fundamentals Correlations and Trends
By evaluating MRV Engenharia'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 MRV Engenharia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MRV financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MRV Engenharia Stock history
MRV Engenharia 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 MRV is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MRV Engenharia e 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 MRV Engenharia stock prices may prove useful in developing a viable investing in MRV Engenharia
MRV Engenharia e Participaes S.A., together with its subsidiaries, operates as a homebuilder in Brazil. MRV Engenharia e Participaes S.A. was founded in 1979 and is headquartered in Belo Horizonte, Brazil. MRV Engenharia is traded on Sao Paolo Stock Exchange in Brazil.
MRV Engenharia Stock Technical Analysis
MRV Engenharia 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
MRV Engenharia Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
MRV Engenharia e 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.
MRV Engenharia November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how MRV Engenharia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MRV Engenharia shares will generate the highest return on investment. By undertsting and applying MRV Engenharia stock market strength indicators, traders can identify MRV Engenharia e entry and exit signals to maximize returns
MRV Engenharia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MRV Engenharia's price direction in advance. Along with the technical and fundamental analysis of MRV Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MRV 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 | (0.06) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (0.20) |
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Additional Tools for MRV Stock Analysis
When running MRV Engenharia's price analysis, check to measure MRV Engenharia'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 MRV Engenharia is operating at the current time. Most of MRV Engenharia's value examination focuses on studying past and present price action to predict the probability of MRV Engenharia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MRV Engenharia's price. Additionally, you may evaluate how the addition of MRV Engenharia to your portfolios can decrease your overall portfolio volatility.