Meituan ADR Pink Sheet Forecast - Period Momentum Indicator
| MPNGY Stock | USD 27.34 1.21 4.24% |
Meituan Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Meituan ADR stock prices and determine the direction of Meituan ADR's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Meituan ADR's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Meituan ADR to cross-verify your projections. Meituan |
Most investors in Meituan ADR 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 Meituan ADR's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Meituan ADR's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (1.21) | (1.21) |
| Check Meituan ADR Volatility | Backtest Meituan ADR | Information Ratio |
Meituan ADR Trading Date Momentum
| On April 30 2024 Meituan ADR was traded for 27.34 at the closing time. The highest daily price throughout the period was 27.80 and the lowest price was 27.29 . The daily volume was 364.1 K. The net trading volume on 04/30/2024 did not cause price change. The trading delta at closing time to current closing price is 1.68% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Meituan ADR
For every potential investor in Meituan, whether a beginner or expert, Meituan ADR's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Meituan Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Meituan. Basic forecasting techniques help filter out the noise by identifying Meituan ADR's price trends.Meituan ADR 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 Meituan ADR pink sheet to make a market-neutral strategy. Peer analysis of Meituan ADR could also be used in its relative valuation, which is a method of valuing Meituan ADR by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Meituan ADR Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Meituan ADR'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 Meituan ADR's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Meituan ADR Market Strength Events
Market strength indicators help investors to evaluate how Meituan ADR pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meituan ADR shares will generate the highest return on investment. By undertsting and applying Meituan ADR pink sheet market strength indicators, traders can identify Meituan ADR entry and exit signals to maximize returns.
| Accumulation Distribution | 6679.53 | |||
| Daily Balance Of Power | (2.37) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 27.55 | |||
| Day Typical Price | 27.48 | |||
| Price Action Indicator | (0.81) | |||
| Period Momentum Indicator | (1.21) | |||
| Relative Strength Index | 69.66 |
Meituan ADR Risk Indicators
The analysis of Meituan ADR'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 Meituan ADR's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting meituan pink sheet 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 | 2.62 | |||
| Semi Deviation | 2.32 | |||
| Standard Deviation | 3.45 | |||
| Variance | 11.91 | |||
| Downside Variance | 7.87 | |||
| Semi Variance | 5.4 | |||
| Expected Short fall | (3.09) |
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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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Meituan ADR to cross-verify your projections. Note that the Meituan ADR information on this page should be used as a complementary analysis to other Meituan ADR's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Meituan Pink Sheet analysis
When running Meituan ADR's price analysis, check to measure Meituan ADR'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 Meituan ADR is operating at the current time. Most of Meituan ADR's value examination focuses on studying past and present price action to predict the probability of Meituan ADR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meituan ADR's price. Additionally, you may evaluate how the addition of Meituan ADR to your portfolios can decrease your overall portfolio volatility.
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