Meli Hotels Stock Forecast - Day Typical Price

MEL Stock  EUR 7.63  0.24  3.05%   
Meli Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Meli Hotels' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
Meli Hotels International has current Day Typical Price of 7.63.
Most investors in Meli Hotels 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 Meli Hotels' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Meli Hotels' price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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Meli Hotels Trading Date Momentum

On June 17 2024 Meli Hotels International was traded for  7.63  at the closing time. The highest daily price throughout the period was 7.63  and the lowest price was  7.63 . There was no trading activity during the period 0.0. Lack of trading volume on 06/17/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for Meli Hotels

For every potential investor in Meli, whether a beginner or expert, Meli Hotels' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Meli Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Meli. Basic forecasting techniques help filter out the noise by identifying Meli Hotels' price trends.

Meli Hotels 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 Meli Hotels stock to make a market-neutral strategy. Peer analysis of Meli Hotels could also be used in its relative valuation, which is a method of valuing Meli Hotels by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Meli Hotels International 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 Meli Hotels' 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 Meli Hotels' current price.

Meli Hotels Market Strength Events

Market strength indicators help investors to evaluate how Meli Hotels stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meli Hotels shares will generate the highest return on investment. By undertsting and applying Meli Hotels stock market strength indicators, traders can identify Meli Hotels International entry and exit signals to maximize returns.

Meli Hotels Risk Indicators

The analysis of Meli Hotels' 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 Meli Hotels' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting meli 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.
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.

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Other Information on Investing in Meli Stock

Meli Hotels financial ratios help investors to determine whether Meli Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Meli with respect to the benefits of owning Meli Hotels security.