Meituan Stock Price on October 20, 2023

MPNGF Stock  USD 23.15  2.40  11.57%   
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 23.15, as last reported on the 11th of December 2024, with the highest price reaching 23.47 and the lowest price hitting 21.12 during the day. Meituan appears to be somewhat reliable, given 3 months investment horizon. Meituan has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% 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 0.1054, mean deviation of 4.42, and Downside Deviation of 6.11 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.

Sharpe Ratio = 0.1391

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Estimated Market Risk

 6.16
  actual daily
54
54% of assets are less volatile

Expected Return

 0.86
  actual daily
17
83% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
10
90% of assets perform better
Based on monthly moving average Meituan is performing at about 10% 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.

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Meituan Valuation on October 20, 2023

It is possible to determine the worth of Meituan on a given historical date. On October 20, 2023 Meituan was worth 13.44 at the beginning of the trading date compared to the closed value of 13.45. 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
  14.61    14.61    14.21    14.21    800.00  
10/20/2023
  13.44    13.45    13.44    13.45    900.00  
  13.26    13.79    13.26    13.60    1,100  
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Open Value
13.44
13.45
Closing Value
31.92
Upside

Meituan Trading Date Momentum on October 20, 2023

On October 23 2023 Meituan was traded for  13.60  at the closing time. The highest daily price throughout the period was 13.79  and the lowest price was  13.26 . The daily volume was 1.1 K. The net trading volume on 10/23/2023 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 1.12% . The trading delta at closing time to current closing price is 9.96% .

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.
A focus of Meituan technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Meituan 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

Meituan Period Price Range

Low
December 11, 2024
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High

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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 December 11, 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.

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.
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