MRV Engenharia (Brazil) Market Value
| MRVE3 Stock | BRL 6.17 0.45 6.80% |
| Symbol | MRV |
MRV Engenharia '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 MRV Engenharia's stock 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 MRV Engenharia.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in MRV Engenharia on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding MRV Engenharia e or generate 0.0% return on investment in MRV Engenharia over 60 days. MRV Engenharia is related to or competes with Engie Brasil, and M Dias. MRV Engenharia e Participaes S.A., together with its subsidiaries, operates as a homebuilder in Brazil More
MRV Engenharia 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 MRV Engenharia's stock 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 MRV Engenharia e upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 13.89 | |||
| Value At Risk | (4.66) | |||
| Potential Upside | 4.23 |
MRV Engenharia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MRV Engenharia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MRV Engenharia's standard deviation. In reality, there are many statistical measures that can use MRV Engenharia historical prices to predict the future MRV Engenharia's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (0.19) |
MRV Engenharia e Backtested Returns
MRV Engenharia e has Sharpe Ratio of -0.0996, which conveys that the firm had a -0.0996% return per unit of standard deviation over the last 3 months. MRV Engenharia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MRV Engenharia's Risk Adjusted Performance of (0.07), market risk adjusted performance of (0.18), and Mean Deviation of 2.08 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.44, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MRV Engenharia will likely underperform. At this point, MRV Engenharia e has a negative expected return of -0.27%. Please make sure to verify MRV Engenharia's potential upside, kurtosis, daily balance of power, as well as the relationship between the skewness and accumulation distribution , to decide if MRV Engenharia e performance from the past will be repeated at some future point.
Auto-correlation | 0.71 |
Good predictability
MRV Engenharia e has good predictability. Overlapping area represents the amount of predictability between MRV Engenharia time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th of November 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 MRV Engenharia e price movement. The serial correlation of 0.71 indicates that around 71.0% of current MRV Engenharia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
MRV Engenharia e lagged returns against current returns
Autocorrelation, which is MRV Engenharia stock'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 MRV Engenharia's stock expected returns. We can calculate the autocorrelation of MRV Engenharia returns to help us make a trade decision. For example, suppose you find that MRV Engenharia has exhibited high autocorrelation historically, and you observe that the stock 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 |
MRV Engenharia 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 MRV Engenharia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MRV Engenharia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MRV Engenharia stock over time.
Current vs Lagged Prices |
| Timeline |
MRV Engenharia Lagged Returns
When evaluating MRV Engenharia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MRV Engenharia stock have on its future price. MRV Engenharia 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, MRV Engenharia autocorrelation shows the relationship between MRV Engenharia stock current value and its past values and can show if there is a momentum factor associated with investing in MRV Engenharia e.
Regressed Prices |
| Timeline |
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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.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.