Mercadolibre Stock Price on November 21, 2024
MELI Stock | USD 1,822 49.23 2.63% |
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 1,822, as last reported on the 13th of December 2024, with the highest price reaching 1,878 and the lowest price hitting 1,813 during the day.
If you're considering investing in MercadoLibre Stock, it is important to understand the factors that can impact its price. MercadoLibre has Sharpe Ratio of -0.0624, which conveys that the firm had a -0.0624% return per unit of risk over the last 3 months. MercadoLibre exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MercadoLibre's Standard Deviation of 2.84, risk adjusted performance of (0.02), and Mean Deviation of 1.73 to check out the risk estimate we provide.
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.
IPO Date 10th of August 2007 | 200 Day MA 1.8 K | 50 Day MA 2 K | Beta 1.612 |
MercadoLibre |
Sharpe Ratio = -0.0624
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Negative Returns | MELI |
Estimated Market Risk
2.83 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 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 24.0422 | Enterprise Value Ebitda 34.7351 | Price Sales 5.2029 | Shares Float 47 M | Wall Street Target Price 2.3 K |
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MercadoLibre Valuation on November 21, 2024
It is possible to determine the worth of MercadoLibre on a given historical date. On November 21, 2024 MercadoLibre was worth 1917.01 at the beginning of the trading date compared to the closed value of 1968.15. 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 | |
1,924 | 1,946 | 1,905 | 1,931 | 426,758 | |
11/21/2024 | 1,917 | 1,971 | 1,880 | 1,968 | 385,598 |
1,968 | 2,008 | 1,955 | 2,005 | 414,216 |
Backtest MercadoLibre | | | MercadoLibre History | | | MercadoLibre Valuation | Previous | Next |
MercadoLibre Trading Date Momentum on November 21, 2024
On November 22 2024 MercadoLibre was traded for 2,005 at the closing time. The top price for the day was 2,008 and the lowest listed price was 1,955 . The trading volume for the day was 414.2 K. The trading history from November 22, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 1.87% . The trading delta at closing time against the current closing price is 1.01% . |
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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 51 M | 42.9 M | |
Net Income Applicable To Common Shares | 554.3 M | 582 M |
MercadoLibre Quarterly Net Working Capital |
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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 | December 13, 2024
| 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 13, 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 | (0.02) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.50) | |||
Treynor Ratio | (0.10) |
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Pattern Recognition | ||
Price Transform | ||
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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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