Mercantil (Brazil) Technical Analysis
| MERC4 Preferred Stock | BRL 9.00 0.10 1.12% |
As of the 28th of November, Mercantil secures the Mean Deviation of 0.8028, risk adjusted performance of 0.0042, and Standard Deviation of 3.22. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Mercantil do Brasil, as well as the relationship between them. Please verify Mercantil do Brasil standard deviation, total risk alpha, and the relationship between the coefficient of variation and variance to decide if Mercantil do Brasil is priced some-what accurately, providing market reflects its recent price of 9.0 per share.
Mercantil Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Mercantil, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MercantilMercantil |
Mercantil technical preferred 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, preferred stock market cycles, or different charting patterns.
Mercantil do Brasil 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 Mercantil do Brasil volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Mercantil do Brasil Trend Analysis
Use this graph to draw trend lines for Mercantil do Brasil. You can use it to identify possible trend reversals for Mercantil 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 Mercantil price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Mercantil Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Mercantil do Brasil applied against its price change over selected period. The best fit line has a slop of 0.02 , which may suggest that Mercantil do Brasil market price will keep on failing further. It has 122 observation points and a regression sum of squares at 10.41, which is the sum of squared deviations for the predicted Mercantil price change compared to its average price change.About Mercantil 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 Mercantil do Brasil 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 Mercantil do Brasil based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Mercantil do Brasil price pattern first instead of the macroeconomic environment surrounding Mercantil do Brasil. By analyzing Mercantil'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 Mercantil'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 Mercantil specific price patterns or momentum indicators. Please read more on our technical analysis page.
Mercantil November 28, 2024 Technical Indicators
Most technical analysis of Mercantil 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 Mercantil from various momentum indicators to cycle indicators. When you analyze Mercantil 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.
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0042 | |||
| Market Risk Adjusted Performance | (0.38) | |||
| Mean Deviation | 0.8028 | |||
| Coefficient Of Variation | (22,242) | |||
| Standard Deviation | 3.22 | |||
| Variance | 10.37 | |||
| Information Ratio | (0.04) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.39) | |||
| Maximum Drawdown | 29.79 | |||
| Potential Upside | 1.12 | |||
| Skewness | 0.2207 | |||
| Kurtosis | 20.24 |
Additional Tools for Mercantil Preferred Stock Analysis
When running Mercantil's price analysis, check to measure Mercantil'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 Mercantil is operating at the current time. Most of Mercantil's value examination focuses on studying past and present price action to predict the probability of Mercantil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercantil's price. Additionally, you may evaluate how the addition of Mercantil to your portfolios can decrease your overall portfolio volatility.