MercadoLibre (Argentina) Price on December 18, 2024

MELI Stock  ARS 17,425  675.00  4.03%   
If you're considering investing in MercadoLibre Stock, it is important to understand the factors that can impact its price. As of today, the current price of MercadoLibre stands at 17,425, as last reported on the 18th of December 2024, with the highest price reaching 17,500 and the lowest price hitting 16,600 during the day. MercadoLibre 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. MercadoLibre exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MercadoLibre's Standard Deviation of 2.71, risk adjusted performance of (0.08), and Mean Deviation of 1.76 to check out the risk estimate we provide.
  
MercadoLibre Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1049

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Estimated Market Risk

 2.76
  actual daily
24
76% of assets are more volatile

Expected Return

 -0.29
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average MercadoLibre is not performing at its full potential. However, 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 MercadoLibre by adding MercadoLibre to a well-diversified portfolio.

MercadoLibre Valuation on December 18, 2024

It is possible to determine the worth of MercadoLibre on a given historical date. On December 18, 2024 MercadoLibre was worth 16750.0 at the beginning of the trading date compared to the closed value of 17425.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MercadoLibre stock. Still, in general, we apply an absolute valuation method to find MercadoLibre'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 MercadoLibre where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MercadoLibre's related companies.
 Open High Low Close Volume
  16,750    17,500    16,600    17,425    249,136  
12/18/2024
  16,750    17,500    16,600    17,425    0.00  
Backtest MercadoLibre  |  MercadoLibre History  |  MercadoLibre Valuation   Previous
Open Value
16750.0
16,742
Downside
17425.0
Closing Value
16,758
Upside

MercadoLibre Trading Date Momentum on December 18, 2024

On December 18 2024 MercadoLibre was traded for  17,425  at the closing time. The highest price during the trading period was 17,500  and the lowest recorded bid was listed for  16,600 . There was no trading activity during the period 0.0. Lack of trading volume on December 18, 2024 did not cause price change. The trading delta at closing time to the current price is 3.87% .

MercadoLibre Fundamentals Correlations and Trends

By evaluating MercadoLibre'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 MercadoLibre's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MercadoLibre financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About MercadoLibre Stock history

MercadoLibre 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 MercadoLibre is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MercadoLibre 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 MercadoLibre stock prices may prove useful in developing a viable investing in MercadoLibre
MercadoLibre, Inc. operates online commerce platforms in Latin America. The company was founded in 1999 and is headquartered in Buenos Aires, Argentina. MERCADOLIBRE INC operates under Specialty Retail classification in Argentina and is traded on Buenos-Aires Stock Exchange. It employs 72 people.

MercadoLibre Stock Technical Analysis

MercadoLibre 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.
A focus of MercadoLibre technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MercadoLibre trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

MercadoLibre Period Price Range

Low
December 18, 2024
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High

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MercadoLibre cannot be verified against its exchange. Please verify the symbol is currently traded on Buenos Aires 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.

MercadoLibre December 18, 2024 Market Strength

Market strength indicators help investors to evaluate how MercadoLibre stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MercadoLibre shares will generate the highest return on investment. By undertsting and applying MercadoLibre stock market strength indicators, traders can identify MercadoLibre entry and exit signals to maximize returns

MercadoLibre Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MercadoLibre's price direction in advance. Along with the technical and fundamental analysis of MercadoLibre Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MercadoLibre 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.

Complementary Tools for MercadoLibre Stock analysis

When running MercadoLibre's price analysis, check to measure MercadoLibre'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 MercadoLibre is operating at the current time. Most of MercadoLibre's value examination focuses on studying past and present price action to predict the probability of MercadoLibre's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MercadoLibre's price. Additionally, you may evaluate how the addition of MercadoLibre to your portfolios can decrease your overall portfolio volatility.
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