Meituan Stock Market Value
| MPNGF Stock | USD 14.27 0.24 1.71% |
| Symbol | Meituan |
Meituan '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 Meituan's pink sheet 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 Meituan.
| 05/07/2022 |
| 04/26/2024 |
If you would invest 0.00 in Meituan on May 7, 2022 and sell it all today you would earn a total of 0.00 from holding Meituan or generate 0.0% return on investment in Meituan over 720 days. Meituan is related to or competes with Qurate Retail, ThredUp, AKA Brands, Alibaba Group, Vipshop Holdings, and Coupang LLC. Meituan operates an e-commerce platform for various services More
Meituan 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 Meituan's pink sheet 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 Meituan upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.69 | |||
| Information Ratio | 0.1873 | |||
| Maximum Drawdown | 19.73 | |||
| Value At Risk | (4.12) | |||
| Potential Upside | 5.51 |
Meituan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meituan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meituan's standard deviation. In reality, there are many statistical measures that can use Meituan historical prices to predict the future Meituan's volatility.| Risk Adjusted Performance | 0.1409 | |||
| Jensen Alpha | 0.7218 | |||
| Total Risk Alpha | 0.2948 | |||
| Sortino Ratio | 0.2419 | |||
| Treynor Ratio | 9.85 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Meituan'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.
Meituan Backtested Returns
Meituan appears to be somewhat reliable, given 3 months investment horizon. Meituan has Sharpe Ratio of 0.26, which conveys that the firm had a 0.26% return per unit of risk over the last 3 months. By analyzing Meituan's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please exercise Meituan's Mean Deviation of 2.51, risk adjusted performance of 0.1409, and Downside Deviation of 2.69 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Meituan holds a performance score of 20. The company secures a Beta (Market Risk) of 0.0739, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Meituan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Meituan is expected to be smaller as well. Please check Meituan's total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Meituan's current price movements will revert.
Auto-correlation | 0.36 |
Below average predictability
Meituan has below average predictability. Overlapping area represents the amount of predictability between Meituan time series from 7th of May 2022 to 2nd of May 2023 and 2nd of May 2023 to 26th 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 Meituan price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Meituan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 8.24 |
Meituan lagged returns against current returns
Autocorrelation, which is Meituan pink sheet'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 Meituan's pink sheet expected returns. We can calculate the autocorrelation of Meituan returns to help us make a trade decision. For example, suppose you find that Meituan has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Meituan 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 Meituan pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meituan pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meituan pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Meituan Lagged Returns
When evaluating Meituan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meituan pink sheet have on its future price. Meituan 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, Meituan autocorrelation shows the relationship between Meituan pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Meituan.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Meituan in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Meituan's short interest history, or implied volatility extrapolated from Meituan options trading.
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Try AI Portfolio ArchitectCheck out Meituan Correlation, Meituan Volatility and Meituan Alpha and Beta module to complement your research on Meituan. Note that the Meituan information on this page should be used as a complementary analysis to other Meituan'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Meituan Pink Sheet analysis
When running Meituan's price analysis, check to measure Meituan'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 is operating at the current time. Most of Meituan's value examination focuses on studying past and present price action to predict the probability of Meituan'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's price. Additionally, you may evaluate how the addition of Meituan to your portfolios can decrease your overall portfolio volatility.
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Meituan technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.