Marcopolo (Brazil) Price on November 6, 2024
| POMO3 Stock | BRL 6.94 0.30 4.14% |
If you're considering investing in Marcopolo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Marcopolo stands at 6.94, as last reported on the 29th of November, with the highest price reaching 7.22 and the lowest price hitting 6.89 during the day. Marcopolo appears to be not too volatile, given 3 months investment horizon. Marcopolo SA has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Marcopolo, which you can use to evaluate the volatility of the firm. Please exercise Marcopolo's Downside Deviation of 1.77, mean deviation of 1.52, and Risk Adjusted Performance of 0.1707 to check out if our risk estimates are consistent with your expectations.
Marcopolo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Marcopolo |
Sharpe Ratio = 0.1601
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Estimated Market Risk
| 1.81 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Marcopolo is performing at about 12% of its full potential. 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 Marcopolo by adding it to a well-diversified portfolio.
Marcopolo Valuation on November 6, 2024
It is possible to determine the worth of Marcopolo on a given historical date. On November 6, 2024 Marcopolo was worth 6.61 at the beginning of the trading date compared to the closed value of 6.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Marcopolo stock. Still, in general, we apply an absolute valuation method to find Marcopolo'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 Marcopolo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Marcopolo's related companies.
| Open | High | Low | Close | Volume | |
| 6.65 | 6.77 | 6.55 | 6.64 | 478,800 | |
11/06/2024 | 6.61 | 6.67 | 6.43 | 6.45 | 469,600 |
| 6.45 | 6.50 | 6.29 | 6.35 | 822,900 |
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Marcopolo Trading Date Momentum on November 6, 2024
| On November 07 2024 Marcopolo SA was traded for 6.35 at the closing time. The highest price during the trading period was 6.50 and the lowest recorded bid was listed for 6.29 . The volume for the day was 822.9 K. This history from November 7, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.55% . The trading delta at closing time to the current price is 7.29% . |
Marcopolo SA Fundamentals Correlations and Trends
By evaluating Marcopolo'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 Marcopolo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Marcopolo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Marcopolo Stock history
Marcopolo 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 Marcopolo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Marcopolo SA 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 Marcopolo stock prices may prove useful in developing a viable investing in Marcopolo
Marcopolo S.A. manufactures and sells buses, automobiles, wagons, parts, and agricultural and industrial machinery in Brazil, Africa, Australia, China, Peru, and Mexico. Marcopolo S.A. was founded in 1949 and is based in Caxias do Sul, Brazil. MARCOPOLO operates under Auto Manufacturers classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 19743 people.
Marcopolo Stock Technical Analysis
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.
Price Boundaries
Marcopolo Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Marcopolo SA 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.
Marcopolo November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Marcopolo stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Marcopolo shares will generate the highest return on investment. By undertsting and applying Marcopolo stock market strength indicators, traders can identify Marcopolo SA entry and exit signals to maximize returns
Marcopolo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Marcopolo's price direction in advance. Along with the technical and fundamental analysis of Marcopolo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Marcopolo 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 | 0.1707 | |||
| Jensen Alpha | 0.4103 | |||
| Total Risk Alpha | 0.119 | |||
| Sortino Ratio | 0.1728 | |||
| Treynor Ratio | 4.18 |
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Additional 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.