Melia Hotels (Spain) Price on October 31, 2024
| MEL Stock | EUR 6.92 0.03 0.43% |
If you're considering investing in Melia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Melia Hotels stands at 6.92, as last reported on the 23rd of November, with the highest price reaching 7.02 and the lowest price hitting 6.86 during the day. At this point, Melia Hotels is not too volatile. Melia Hotels has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for Melia Hotels, which you can use to evaluate the volatility of the firm. Please verify Melia Hotels' Mean Deviation of 0.9026, risk adjusted performance of 0.0902, and Downside Deviation of 1.05 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
Melia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Melia |
Sharpe Ratio = 0.1021
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Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Melia Hotels is performing at about 8% 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 Melia Hotels by adding it to a well-diversified portfolio.
Melia Hotels Valuation on October 31, 2024
It is possible to determine the worth of Melia Hotels on a given historical date. On October 31, 2024 Melia was worth 6.82 at the beginning of the trading date compared to the closed value of 6.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Melia Hotels stock. Still, in general, we apply an absolute valuation method to find Melia Hotels' 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 Melia Hotels where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Melia Hotels' related companies.
| Open | High | Low | Close | Volume | |
| 6.70 | 6.80 | 6.63 | 6.80 | 363,534 | |
10/31/2024 | 6.82 | 6.84 | 6.77 | 6.83 | 228,763 |
| 6.85 | 6.91 | 6.82 | 6.91 | 167,835 |
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Melia Hotels Trading Date Momentum on October 31, 2024
| On November 01 2024 Melia Hotels was traded for 6.91 at the closing time. The maximum traded price for the trading interval was 6.91 and the lowest daily price was 6.82 . The daily volume was recorded at 167.8 K. The volume of trading on 1st of November 2024 played a part in the next trading day price growth. The trading delta at closing time to the next closing price was 1.17% . The trading delta at closing time to the closing price today is 5.27% . |
Melia Hotels Fundamentals Correlations and Trends
By evaluating Melia Hotels' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Melia Hotels' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Melia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Melia Hotels Stock history
Melia Hotels 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 Melia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Melia Hotels 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 Melia Hotels stock prices may prove useful in developing a viable investing in Melia Hotels
Meli Hotels International, S.A. owns, manages, operates, leases, and franchises hotels worldwide. Meli Hotels International, S.A. was founded in 1956 and is headquartered in Palma de Mallorca, Spain. MELIA HOTELS operates under Lodging classification in Spain and is traded on Madrid SE C.A.T.S.. It employs 21263 people.
Melia Hotels Stock Technical Analysis
Melia Hotels 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
Melia Hotels Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Melia Hotels cannot be verified against its exchange. Please verify the symbol is currently traded on Madrid 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.
Melia Hotels November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Melia Hotels stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Melia Hotels shares will generate the highest return on investment. By undertsting and applying Melia Hotels stock market strength indicators, traders can identify Melia Hotels entry and exit signals to maximize returns
Melia Hotels Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Melia Hotels' price direction in advance. Along with the technical and fundamental analysis of Melia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Melia 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 | 0.0902 | |||
| Jensen Alpha | 0.1242 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (1.96) |
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| Volume Indicators |
Complementary Tools for Melia Stock analysis
When running Melia Hotels' price analysis, check to measure Melia Hotels' 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 Melia Hotels is operating at the current time. Most of Melia Hotels' value examination focuses on studying past and present price action to predict the probability of Melia Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Melia Hotels' price. Additionally, you may evaluate how the addition of Melia Hotels to your portfolios can decrease your overall portfolio volatility.
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