Mercadolibre Stock Price on October 17, 2024

MELI Stock  USD 1,952  32.73  1.65%   
Below is the normalized historical share price chart for MercadoLibre extending back to August 10, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of MercadoLibre stands at 1,952, as last reported on the 3rd of December, with the highest price reaching 2,000 and the lowest price hitting 1,932 during the day.
IPO Date
10th of August 2007
200 Day MA
1.8 K
50 Day MA
K
Beta
1.612
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in MercadoLibre Stock, it is important to understand the factors that can impact its price. MercadoLibre is very steady at the moment. MercadoLibre has Sharpe Ratio of 0.0036, which conveys that the firm had a 0.0036% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for MercadoLibre, which you can use to evaluate the volatility of the firm. Please verify MercadoLibre's Risk Adjusted Performance of 0.0053, mean deviation of 1.7, and Standard Deviation of 2.81 to check out if the risk estimate we provide is consistent with the expected return of 0.0101%.
  
As of now, MercadoLibre's Common Stock is decreasing as compared to previous years. . As of now, MercadoLibre's Price Fair Value is increasing as compared to previous years. MercadoLibre Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0036

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Estimated Market Risk

 2.81
  actual daily
25
75% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  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.
Price Book
24.7335
Enterprise Value Ebitda
35.7031
Price Sales
5.3525
Shares Float
47 M
Wall Street Target Price
2.3 K

MercadoLibre Valuation on October 17, 2024

It is possible to determine the worth of MercadoLibre on a given historical date. On October 17, 2024 MercadoLibre was worth 2066.85 at the beginning of the trading date compared to the closed value of 2065.87. 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
  2,029    2,064    2,029    2,046    230,289  
10/17/2024
  2,067    2,080    2,046    2,066    197,947  
  2,066    2,088    2,047    2,080    228,670  
Backtest MercadoLibre  |  MercadoLibre History  |  MercadoLibre Valuation   PreviousNext  
Open Value
2066.85
2065.87
Closing Value
2,075
Upside

MercadoLibre Trading Date Momentum on October 17, 2024

On October 18 2024 MercadoLibre was traded for  2,080  at the closing time. The top price for the day was 2,088  and the lowest listed price was  2,047 . The trading volume for the day was 228.7 K. The trading history from October 18, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.67% . The trading delta at closing time against the current closing price is 0.48% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding51 M42.9 M
Net Income Applicable To Common Shares554.3 M582 M

MercadoLibre Quarterly Net Working Capital

3.56 Billion

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 3, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

MercadoLibre cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 3, 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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