Meituan Stock Price on June 18, 2024
| MPNGF Stock | USD 23.49 2.90 14.08% |
If you're considering investing in Meituan Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Meituan stands at 23.49, as last reported on the 30th of November, with the highest price reaching 23.49 and the lowest price hitting 23.49 during the day. Meituan appears to be somewhat reliable, given 3 months investment horizon. Meituan has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. By analyzing Meituan's technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please exercise Meituan's Risk Adjusted Performance of 0.1345, downside deviation of 5.84, and Mean Deviation of 4.35 to check out if our risk estimates are consistent with your expectations.
Meituan Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Meituan |
Sharpe Ratio = 0.1486
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MPNGF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.75 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.86 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Meituan is performing at about 11% 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 June 18, 2024
It is possible to determine the worth of Meituan on a given historical date. On June 18, 2024 Meituan was worth 14.69 at the beginning of the trading date compared to the closed value of 14.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meituan pink sheet. 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 | |
| 14.53 | 14.53 | 14.53 | 14.53 | 146.00 | |
06/18/2024 | 14.69 | 14.74 | 14.69 | 14.74 | 2,109 |
| 15.45 | 15.45 | 15.38 | 15.38 | 491.00 |
| Backtest Meituan | | | Meituan History | | | Meituan Valuation | Previous | Next |
Meituan Trading Date Momentum on June 18, 2024
| On June 20 2024 Meituan was traded for 15.38 at the closing time. The highest daily price throughout the period was 15.45 and the lowest price was 15.38 . The daily volume was 491. The net trading volume on 06/20/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 4.34% . The trading delta at closing time to current closing price is 4.34% . |
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 Pink Sheet 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 operates an e-commerce platform for various services. Meituan was founded in 2003 and is headquartered in Beijing, China. MEITUAN operates under Internet Retail classification in the United States and is traded on OTC Exchange. It employs 90472 people.
Meituan Pink Sheet Technical Analysis
Meituan technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Meituan Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Meituan cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Meituan pink sheet 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 pink sheet 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 Pink Sheet 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 | 0.1345 | |||
| Jensen Alpha | 1.08 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.1455 | |||
| Treynor Ratio | (1.22) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Meituan Pink Sheet 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.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |