MercadoLibre (Brazil) Price on August 6, 2024
| MELI34 Stock | BRL 100.71 4.24 4.40% |
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 100.71, as last reported on the 26th of November, with the highest price reaching 101.38 and the lowest price hitting 97.11 during the day. At this point, MercadoLibre is very steady. MercadoLibre has Sharpe Ratio of 0.0693, which conveys that the firm had a 0.0693% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for MercadoLibre, which you can use to evaluate the volatility of the firm. Please verify MercadoLibre's Mean Deviation of 1.77, risk adjusted performance of 0.0419, and Downside Deviation of 2.86 to check out if the risk estimate we provide is consistent with the expected return of 0.18%.
MercadoLibre Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MercadoLibre |
Sharpe Ratio = 0.0693
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Estimated Market Risk
| 2.57 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average MercadoLibre is performing at about 5% 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 MercadoLibre by adding it to a well-diversified portfolio.
MercadoLibre Valuation on August 6, 2024
It is possible to determine the worth of MercadoLibre on a given historical date. On August 6, 2024 MercadoLibre was worth 84.76 at the beginning of the trading date compared to the closed value of 85.86. 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 | |
| 80.35 | 86.80 | 79.55 | 84.50 | 1,200,001 | |
08/06/2024 | 84.76 | 87.36 | 83.82 | 85.86 | 614,086 |
| 85.88 | 87.69 | 84.99 | 87.20 | 476,069 |
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MercadoLibre Trading Date Momentum on August 6, 2024
| On August 07 2024 MercadoLibre was traded for 87.20 at the closing time. The highest price during the trading period was 87.69 and the lowest recorded bid was listed for 84.99 . The volume for the day was 476.1 K. This history from August 7, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.56% . The trading delta at closing time to the current price is 5.80% . |
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. MERCADOLIBREDRN operates under Specialty Retail classification in Brazil and is traded on Sao Paolo 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.
Price Boundaries
MercadoLibre Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
MercadoLibre 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.
MercadoLibre November 26, 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.
| Risk Adjusted Performance | 0.0419 | |||
| Jensen Alpha | 0.0393 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1913 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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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