MercadoLibre Inc (MELI) Daily/Weekly Backtest Results

Signal:                
                   
              [ What are these? | Switch to MELI's monthly backtests ]
Fixed profit target:               -or-  
Show signal scores:       Scores:           Market sector score:       [ What are these scores? ]
Expectancy: 9.46%.   Win rate: 95.83%.   Sharpe Ratio: 0.149.   Maximum drawdown: -57.50% on 16 June 2022.
Mean CAGR: 193.84%. Time in market: 1641 days.   Hypothetical return: $1000 would be worth $5136.64 on 03 May 2024.
Key: change_history : profitable trade change_history : breakeven trade (minimal loss after 2 years) change_history : losing trade (not profitable in a 2 year timeframe)


*Transaction costs, taxes and dividends are excluded from these calculations. Past performance may not necessarily be a reliable guide to future performance.

Calculations for MercadoLibre

Expectancy is the percentage profit or loss you would expect to make on the next purchase of this stock with an entry point at the specified signal and profit target as set above. Given a large enough sample size, a positive expectancy indicates the trading strategy is likely to be profitable.

Expectancy calculation for 24 signal(s) occurring before 08 July 2024 for a 7.5% profit target: (95.83% * 9.91%) + (0% * 0%) - (4.17% * 0.91%) = 9.46%.
Wins: 23 Breakevens: 0 Losses: 1

To even out CAGR calculations, large individual returns from particularly quick trades have been capped at 300%.

The Sharpe Ratio calculation assumes a risk free return rate of 2% per calendar year. Ideally the ratio should be a positive number. A higher positive number indicates the strategy has a more attractive risk adjusted rate of return for this particular buy signal and stock over the chart's timeframe.

MercadoLibre Analysis

Market sector: Consumer Staples.

External links: Seeking Alpha Research, Zacks Research.

These links may show useful information about why a stock's price has fallen significantly.

 

50 day low Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each 50 day low entry signal. Hover over the icons to see more details of the particular trade, including the maximum percentage drawdown and how long it took to reach the desired percentage profit.

Key:   disabled_by_default = profit point not achieved. select_check_box = profit point achieved with CAGR above 15%.
select_check_box = profit point achieved with CAGR of between 5% and 15%. select_check_box = profit point achieved but CAGR was less than 5%.

Signal Date, Score and Sector Score Buy Signal Price Performance (mouseover for details)
5% 6% 7.5% 10% 20%
11 May 2026  bubble_chart   smart_toyLOW (43)    emoji_food_beverageLOW   50 Day Low $ 1599.31 schedule schedule schedule schedule schedule
27 March 2026  bubble_chart   smart_toyLOW (65)    emoji_food_beverageLOW   50 Day Low $ 1609.24 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt schedule
23 February 2026  bubble_chart   smart_toyLOW (44)    emoji_food_beverageLOW   50 Day Low $ 1929.90 schedule schedule schedule schedule schedule
14 November 2025  bubble_chart   smart_toyMEDIUM (81)    emoji_food_beverageLOW   50 Day Low $ 2039.52 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt schedule
01 October 2025  bubble_chart   smart_toyLOW (64)    emoji_food_beverageLOW   50 Day Low $ 2260.60 schedule schedule schedule schedule schedule
07 August 2025  bubble_chart   smart_toyLOW (45)    emoji_food_beverageLOW   50 Day Low $ 2336.76 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt schedule schedule schedule
07 April 2025  bubble_chart   smart_toyHIGH (91)    emoji_food_beverageHIGH   sirenFIRE SALE 50 Day Low $ 1760.47 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
13 December 2024  bubble_chart   smart_toyLOW (61)    emoji_food_beverageLOW   50 Day Low $ 1840.43 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
07 November 2024  bubble_chart   smart_toyLOW (63)    emoji_food_beverageLOW   50 Day Low $ 1847.02 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt
19 April 2024  bubble_chart   smart_toyLOW (55)    emoji_food_beverageLOW   50 Day Low $ 1367.78 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
19 March 2024  bubble_chart   smart_toyLOW (49)     50 Day Low $ 1511.10 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt
20 October 2023  bubble_chart   smart_toyMEDIUM (80)     sirenFIRE SALE 50 Day Low $ 1175.22 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
20 June 2023  bubble_chart   smart_toyLOW (44)     50 Day Low $ 1193.87 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_bolt
13 October 2022   smart_toyHIGH (96)     sirenFIRE SALE 50 Day Low $ 799.67 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
13 June 2022  bubble_chart   smart_toyMEDIUM (84)     50 Day Low $ 635.45 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
09 May 2022  bubble_chart   smart_toyLOW (76)     50 Day Low $ 831.96 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
18 February 2022  bubble_chart   smart_toyMEDIUM (85)     50 Day Low $ 983.94 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
10 January 2022  bubble_chart   smart_toyLOW (76)     50 Day Low $ 1050.86 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box
18 November 2021  bubble_chart   smart_toyLOW (64)     50 Day Low $ 1465.56 disabled_by_default disabled_by_default disabled_by_default disabled_by_default disabled_by_default
06 October 2021  bubble_chart   smart_toyLOW (38)     50 Day Low $ 1554.28 select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt disabled_by_default disabled_by_default
11 May 2021  bubble_chart   smart_toyLOW (46)     50 Day Low $ 1342.68 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt
03 March 2021  bubble_chart   smart_toyLOW (62)     50 Day Low $ 1583.56 select_check_box select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt
09 March 2020  bubble_chart   smart_toyLOW (48)     50 Day Low $ 543.50 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
08 October 2019  bubble_chart   smart_toyMEDIUM (80)     50 Day Low $ 534.96 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
03 September 2019  bubble_chart   smart_toyLOW (76)     50 Day Low $ 584.10 select_check_box select_check_box select_check_box select_check_box electric_bolt select_check_box electric_bolt
24 December 2018  bubble_chart   smart_toyHIGH (96)     50 Day Low $ 269.72 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
11 October 2018  bubble_chart   smart_toyLOW (43)     50 Day Low $ 309.79 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt
25 June 2018  bubble_chart   smart_toyLOW (29)     50 Day Low $ 287.88 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
15 May 2018  bubble_chart   smart_toyLOW (47)     50 Day Low $ 292.48 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt
11 April 2018  bubble_chart   smart_toyLOW (58)     50 Day Low $ 338.46 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt
17 October 2017  bubble_chart   smart_toyLOW (61)     50 Day Low $ 233.37 select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt select_check_box electric_boltelectric_bolt
10 August 2017  bubble_chart   smart_toyLOW (67)     50 Day Low $ 241.07 select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_bolt select_check_box electric_boltelectric_boltelectric_bolt
11 November 2016   smart_toyLOW (69)     50 Day Low $ 157.75 select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_bolt select_check_box electric_boltelectric_bolt

 

The data for MercadoLibre Inc (exchange: XNAS symbol: MELI) was last updated 16 Jul 2026 03:30. Data for this stock is available from 01 Mar 2016 - 15 Jul 2026.