MercadoLibre Stock Forecast - Daily Balance Of Power
| MELI Stock | USD 1,356 13.82 1.01% |
MercadoLibre Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast MercadoLibre stock prices and determine the direction of MercadoLibre's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of MercadoLibre's historical fundamentals, such as revenue growth or operating cash flow patterns. Although MercadoLibre's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of MercadoLibre's systematic risk associated with finding meaningful patterns of MercadoLibre fundamentals over time.
Check out Historical Fundamental Analysis of MercadoLibre to cross-verify your projections. MercadoLibre |
Open Interest Against 2024-04-26 MercadoLibre Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast MercadoLibre's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in MercadoLibre's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for MercadoLibre stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current MercadoLibre's open interest, investors have to compare it to MercadoLibre's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of MercadoLibre is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in MercadoLibre. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in MercadoLibre cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the MercadoLibre's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets MercadoLibre's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of MercadoLibre market sensitivity to bulls and bears. It estimates the ability of MercadoLibre buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring MercadoLibre Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.65) | (0.40) |
| Check MercadoLibre Volatility | Backtest MercadoLibre | Information Ratio |
MercadoLibre Trading Date Momentum
| On April 20 2024 MercadoLibre was traded for 1,356 at the closing time. The top price for the day was 1,379 and the lowest listed price was 1,344 . There was no trading activity during the period 0.0. Lack of trading volume on April 20, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.67% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare MercadoLibre to competition |
Other Forecasting Options for MercadoLibre
For every potential investor in MercadoLibre, whether a beginner or expert, MercadoLibre's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. MercadoLibre Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in MercadoLibre. Basic forecasting techniques help filter out the noise by identifying MercadoLibre's price trends.MercadoLibre Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with MercadoLibre stock to make a market-neutral strategy. Peer analysis of MercadoLibre could also be used in its relative valuation, which is a method of valuing MercadoLibre by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
MercadoLibre Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of MercadoLibre's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of MercadoLibre's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
MercadoLibre Market Strength Events
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.
| Accumulation Distribution | 0.0252 | |||
| Daily Balance Of Power | (0.40) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 1361.72 | |||
| Day Typical Price | 1359.96 | |||
| Market Facilitation Index | 34.82 | |||
| Price Action Indicator | (12.20) | |||
| Period Momentum Indicator | (13.82) |
MercadoLibre Risk Indicators
The analysis of MercadoLibre's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in MercadoLibre's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting mercadolibre stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.47 | |||
| Standard Deviation | 2.13 | |||
| Variance | 4.52 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of MercadoLibre to cross-verify your projections. For more detail on how to invest in MercadoLibre Stock please use our How to Invest in MercadoLibre guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| CEOs Directory Screen CEOs from public companies around the world | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine |
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 19.45 | 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.