Mercadolibre Stock Market Value
| MELI Stock | USD 1,370 25.00 1.79% |
| Symbol | MercadoLibre |
MercadoLibre Price To Book Ratio
Is MercadoLibre's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MercadoLibre. If investors know MercadoLibre will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MercadoLibre listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.007 | Earnings Share 19.39 | Revenue Per Share 287.949 | Quarterly Revenue Growth 0.419 | Return On Assets 0.0866 |
The market value of MercadoLibre is measured differently than its book value, which is the value of MercadoLibre that is recorded on the company's balance sheet. Investors also form their own opinion of MercadoLibre's value that differs from its market value or its book value, called intrinsic value, which is MercadoLibre's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MercadoLibre's market value can be influenced by many factors that don't directly affect MercadoLibre's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MercadoLibre's value and its price as these two are different measures arrived at by different means. Investors typically determine if MercadoLibre is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MercadoLibre's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
MercadoLibre 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to MercadoLibre's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of MercadoLibre.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in MercadoLibre on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding MercadoLibre or generate 0.0% return on investment in MercadoLibre over 30 days. MercadoLibre is related to or competes with Sea, Vipshop Holdings, Amazon, and JD. MercadoLibre, Inc. operates online commerce platforms in Latin America More
MercadoLibre Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure MercadoLibre's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess MercadoLibre upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 14.99 | |||
| Value At Risk | (3.63) | |||
| Potential Upside | 2.3 |
MercadoLibre Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MercadoLibre's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MercadoLibre's standard deviation. In reality, there are many statistical measures that can use MercadoLibre historical prices to predict the future MercadoLibre's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (0.28) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MercadoLibre's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
MercadoLibre Backtested Returns
MercadoLibre has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17% 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 2.07, risk adjusted performance of (0.08), and Mean Deviation of 1.44 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.11, which conveys a somewhat significant risk relative to the market. MercadoLibre returns are very sensitive to returns on the market. As the market goes up or down, MercadoLibre is expected to follow. MercadoLibre has an expected return of -0.36%. Please make sure to verify MercadoLibre skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if MercadoLibre performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.83 |
Very good predictability
MercadoLibre has very good predictability. Overlapping area represents the amount of predictability between MercadoLibre time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MercadoLibre price movement. The serial correlation of 0.83 indicates that around 83.0% of current MercadoLibre price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 2550.39 |
MercadoLibre lagged returns against current returns
Autocorrelation, which is MercadoLibre stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting MercadoLibre's stock expected returns. We can calculate the autocorrelation of MercadoLibre returns to help us make a trade decision. For example, suppose you find that MercadoLibre has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
MercadoLibre regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If MercadoLibre stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MercadoLibre stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MercadoLibre stock over time.
Current vs Lagged Prices |
| Timeline |
MercadoLibre Lagged Returns
When evaluating MercadoLibre's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MercadoLibre stock have on its future price. MercadoLibre autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, MercadoLibre autocorrelation shows the relationship between MercadoLibre stock current value and its past values and can show if there is a momentum factor associated with investing in MercadoLibre.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out MercadoLibre Correlation, MercadoLibre Volatility and MercadoLibre Alpha and Beta module to complement your research on MercadoLibre. For more detail on how to invest in MercadoLibre Stock please use our How to Invest in MercadoLibre guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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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