MercadoLibre (Mexico) Price on November 22, 2024
MELIN Stock | MXN 40,353 1,657 3.94% |
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 40,353, as last reported on the 30th of November, with the highest price reaching 40,440 and the lowest price hitting 40,000 during the day. As of now, MercadoLibre Stock is very steady. MercadoLibre has Sharpe Ratio of 0.0153, which conveys that the firm had a 0.0153% return per unit of risk over the last 3 months. We have found thirty technical indicators for MercadoLibre, which you can use to evaluate the volatility of the firm. Please verify MercadoLibre's Downside Deviation of 4.35, risk adjusted performance of 0.0223, and Mean Deviation of 1.77 to check out if the risk estimate we provide is consistent with the expected return of 0.0463%.
MercadoLibre Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MercadoLibre |
Sharpe Ratio = 0.0153
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Estimated Market Risk
3.04 actual daily | 27 73% of assets are more volatile |
Expected Return
0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average MercadoLibre is performing at about 1% 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 November 22, 2024
It is possible to determine the worth of MercadoLibre on a given historical date. On November 22, 2024 MercadoLibre was worth 40360.0 at the beginning of the trading date compared to the closed value of 40965.69. 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 | |
38,868 | 40,000 | 38,868 | 39,984 | 159.00 | |
11/22/2024 | 40,360 | 41,060 | 40,300 | 40,966 | 728.00 |
41,600 | 42,700 | 41,600 | 42,670 | 509.00 |
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MercadoLibre Trading Date Momentum on November 22, 2024
On November 25 2024 MercadoLibre was traded for 42,670 at the closing time. The highest price during the trading period was 42,700 and the lowest recorded bid was listed for 41,600 . The volume for the day was 509. This history from November 25, 2024 contributed to the next trading day price boost. The trading delta at closing time to the next closing price was 4.16% . The trading delta at closing time to the current price is 1.93% . |
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 Mexico and is traded on Mexico 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 30, 2024
| High |
0.00 | 0.00 |
MercadoLibre cannot be verified against its exchange. Please verify the symbol is currently traded on Mexican 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 30, 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 | 0.0223 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.45) | |||
Sortino Ratio | (0.02) | |||
Treynor Ratio | 0.0845 |
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Additional Information and Resources on Investing in MercadoLibre Stock
When determining whether MercadoLibre offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MercadoLibre's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mercadolibre Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mercadolibre Stock:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MercadoLibre. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in MercadoLibre Stock, please use our How to Invest in MercadoLibre guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.