As of 20 of February Mercadolibre secures Risk Adjusted Performance of
(0.02621) and Mean Deviation of 1.28. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Mercadolibre as well as the relationship between them. Strictly speaking you can use this information to find out if the firm will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for Mercadolibre which can be compared to its peers in the industry. Please verify Mercadolibre Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if Mercadolibre is priced some-what accurately providing market reflects its recent price of 6970.0 per share.
|Horizon||30 Days Login to change|
Mercadolibre Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
Mercadolibre Trend AnalysisUse this graph to draw trend lines for Mercadolibre. You can use it to identify possible trend reversals for Mercadolibre as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Mercadolibre price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Mercadolibre Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Mercadolibre applied against its price change over selected period. The best fit line has a slop of 21.29 % which means Mercadolibre will continue producing value for investors. It has 78 observation points and a regression sum of squares at 4476191.23, which is the sum of squared deviations for the predicted Mercadolibre price change compared to its average price change.
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
|All Next||Launch Positions Ratings|
|Risk Adjusted Performance||(0.02621)|
|Market Risk Adjusted Performance||(0.22)|
|Coefficient Of Variation||(5,753)|
|Total Risk Alpha||(0.21)|
|Value At Risk||(1.31)|
Please see also Stocks Correlation. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.