Meituan (Germany) Price on October 16, 2024
| 9MD Stock | EUR 19.75 0.65 3.19% |
If you're considering investing in Meituan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Meituan stands at 19.75, as last reported on the 26th of November, with the highest price reaching 20.05 and the lowest price hitting 19.53 during the day. Meituan appears to be not too volatile, given 3 months investment horizon. Meituan has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18% return per unit of risk over the last 3 months. By analyzing Meituan's technical indicators, you can evaluate if the expected return of 0.82% is justified by implied risk. Please exercise Meituan's Downside Deviation of 4.46, mean deviation of 3.3, and Risk Adjusted Performance of 0.1478 to check out if our risk estimates are consistent with your expectations.
Meituan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Meituan |
Sharpe Ratio = 0.175
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Estimated Market Risk
| 4.66 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.82 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Meituan is performing at about 13% 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 Meituan by adding it to a well-diversified portfolio.
Meituan Valuation on October 16, 2024
It is possible to determine the worth of Meituan on a given historical date. On October 16, 2024 Meituan was worth 20.5 at the beginning of the trading date compared to the closed value of 20.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meituan stock. Still, in general, we apply an absolute valuation method to find Meituan'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 Meituan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meituan's related companies.
| Open | High | Low | Close | Volume | |
| 20.50 | 20.50 | 19.80 | 19.80 | 4,361 | |
10/16/2024 | 20.50 | 20.80 | 20.26 | 20.71 | 2,982 |
| 20.55 | 20.55 | 19.85 | 19.85 | 862.00 |
| Backtest Meituan | | | Meituan History | | | Meituan Valuation | Previous | Next |
Meituan Trading Date Momentum on October 16, 2024
| On October 17 2024 Meituan was traded for 19.85 at the closing time. The highest daily price throughout the period was 20.55 and the lowest price was 19.85 . The daily volume was 862. The net trading volume on 10/17/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 4.15% . The trading delta at closing time to current closing price is 5.84% . |
Meituan Fundamentals Correlations and Trends
By evaluating Meituan'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 Meituan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Meituan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Meituan Stock history
Meituan 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 Meituan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meituan 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 Meituan stock prices may prove useful in developing a viable investing in Meituan
Meituan, an investment holding company, provides an e-commerce platform that uses technology to connect consumers and merchants. Meituan was founded in 2003 and is headquartered in Beijing, China. MEITUAN CL operates under Internet Retail classification in Germany and is traded on Frankfurt Stock Exchange. It employs 69205 people.
Meituan Stock Technical Analysis
Meituan 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
Meituan Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Meituan cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Meituan November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Meituan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meituan shares will generate the highest return on investment. By undertsting and applying Meituan stock market strength indicators, traders can identify Meituan entry and exit signals to maximize returns
Meituan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Meituan's price direction in advance. Along with the technical and fundamental analysis of Meituan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Meituan 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 | 0.1478 | |||
| Jensen Alpha | 0.8033 | |||
| Total Risk Alpha | 0.1167 | |||
| Sortino Ratio | 0.1614 | |||
| Treynor Ratio | 2.8 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Meituan Stock analysis
When running Meituan's price analysis, check to measure Meituan'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 Meituan is operating at the current time. Most of Meituan's value examination focuses on studying past and present price action to predict the probability of Meituan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meituan's price. Additionally, you may evaluate how the addition of Meituan to your portfolios can decrease your overall portfolio volatility.
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