Me Lin (Vietnam) Price History
| MEL Stock | 7,300 700.00 10.61% |
If you're considering investing in MEL Stock, it is important to understand the factors that can impact its price. As of today, the current price of Me Lin stands at 7,300, as last reported on the 28th of December, with the highest price reaching 7,300 and the lowest price hitting 6,600 during the day. Me Lin appears to be very steady, given 3 months investment horizon. Me Lin Steel retains Efficiency (Sharpe Ratio) of 0.12, which conveys that the firm had a 0.12% return per unit of price deviation over the last 3 months. By inspecting Me Lin's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please exercise Me Lin's Mean Deviation of 4.52, standard deviation of 5.51, and Market Risk Adjusted Performance of 0.2914 to check out if our risk estimates are consistent with your expectations.
MEL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
MEL |
Sharpe Ratio = 0.1163
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | MEL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.46 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Me Lin is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Me Lin by adding it to a well-diversified portfolio.
Me Lin Stock Price History Chart
There are several ways to analyze MEL Stock price data. The simplest method is using a basic MEL candlestick price chart, which shows Me Lin price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | November 8, 2024 | 8500.0 |
| Lowest Price | November 26, 2024 | 5700.0 |
Me Lin December 28, 2024 Stock Price Synopsis
Various analyses of Me Lin's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell MEL Stock. It can be used to describe the percentage change in the price of Me Lin from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of MEL Stock.| Me Lin Price Rate Of Daily Change | 1.11 | |
| Me Lin Price Action Indicator | 700.00 | |
| Me Lin Price Daily Balance Of Power | 1.00 |
Me Lin December 28, 2024 Stock Price Analysis
MEL Stock Price History Data
| Open | High | Low | Close | Volume | ||
12/28/2024 | 6,600 | 7,300 | 6,600 | 7,300 | ||
| 12/25/2024 | 6,600 | 7,300 | 6,600 | 7,300 | 500.00 | |
| 12/19/2024 | 7,300 | 7,300 | 7,300 | 7,300 | 500.00 | |
| 12/18/2024 | 6,800 | 6,800 | 6,700 | 6,800 | 500.00 | |
| 12/17/2024 | 6,300 | 6,300 | 6,300 | 6,300 | 100.00 | |
| 12/09/2024 | 6,600 | 7,000 | 6,600 | 7,000 | 300.00 | |
| 12/06/2024 | 6,500 | 6,700 | 6,500 | 6,600 | 607.00 | |
| 12/05/2024 | 5,800 | 6,200 | 5,800 | 6,200 | 201.00 | |
| 12/04/2024 | 5,700 | 5,800 | 5,500 | 5,800 | 800.00 | |
| 12/03/2024 | 6,000 | 6,000 | 6,000 | 6,000 | 100.00 | |
| 12/02/2024 | 6,000 | 6,400 | 6,000 | 6,400 | 1,100 | |
| 11/29/2024 | 5,500 | 5,900 | 5,500 | 5,900 | 2,100 | |
| 11/28/2024 | 5,800 | 5,800 | 5,800 | 5,800 | 300.00 | |
| 11/27/2024 | 6,100 | 6,100 | 5,400 | 6,000 | 4,407 | |
| 11/26/2024 | 6,800 | 6,800 | 5,700 | 5,700 | 2,800 | |
| 11/22/2024 | 5,500 | 6,400 | 5,500 | 6,300 | 2,700 | |
| 11/21/2024 | 5,700 | 6,900 | 5,700 | 5,900 | 900.00 | |
| 11/20/2024 | 6,600 | 6,600 | 6,300 | 6,300 | 2,800 | |
| 11/19/2024 | 6,500 | 6,900 | 6,500 | 6,900 | 300.00 | |
| 11/18/2024 | 5,500 | 6,500 | 5,500 | 6,500 | 2,100 | |
| 11/15/2024 | 7,000 | 7,000 | 6,000 | 6,100 | 2,500 | |
| 11/14/2024 | 6,400 | 6,600 | 6,300 | 6,600 | 17,300 | |
| 11/13/2024 | 7,000 | 7,000 | 7,000 | 7,000 | 100.00 | |
| 11/12/2024 | 7,700 | 8,300 | 7,700 | 7,700 | 300.00 | |
| 11/08/2024 | 7,600 | 8,500 | 7,200 | 8,500 | 16,100 | |
| 11/07/2024 | 7,500 | 7,900 | 7,500 | 7,800 | 2,200 | |
| 11/06/2024 | 6,900 | 7,500 | 6,900 | 7,500 | 8,200 | |
| 11/04/2024 | 7,200 | 7,200 | 6,900 | 6,900 | 200.00 | |
| 10/28/2024 | 6,600 | 6,600 | 6,600 | 6,600 | 100.00 | |
| 10/22/2024 | 6,800 | 6,800 | 6,300 | 6,300 | 300.00 | |
| 10/21/2024 | 6,300 | 6,300 | 6,300 | 6,300 | 1,000.00 | |
| 10/15/2024 | 6,800 | 6,800 | 6,800 | 6,800 | 100.00 | |
| 10/11/2024 | 6,800 | 6,800 | 6,800 | 6,800 | 100.00 | |
| 10/04/2024 | 6,400 | 6,400 | 6,300 | 6,300 | 600.00 | |
| 10/02/2024 | 6,400 | 6,400 | 6,400 | 6,400 | 100.00 | |
| 10/01/2024 | 6,400 | 6,400 | 6,000 | 6,000 | 1,500 | |
| 09/24/2024 | 6,100 | 6,600 | 6,100 | 6,600 | 1,600 | |
| 09/23/2024 | 6,200 | 6,200 | 6,200 | 6,200 | 100.00 | |
| 09/18/2024 | 6,200 | 6,300 | 6,200 | 6,300 | 300.00 | |
| 09/10/2024 | 6,300 | 6,700 | 6,200 | 6,700 | 900.00 | |
| 09/09/2024 | 6,800 | 6,800 | 6,800 | 6,800 | 102.00 | |
| 09/04/2024 | 6,300 | 6,700 | 6,300 | 6,700 | 500.00 | |
| 08/29/2024 | 6,900 | 6,900 | 6,900 | 6,900 | 101.00 | |
| 08/28/2024 | 6,300 | 6,600 | 6,300 | 6,600 | 200.00 | |
| 08/20/2024 | 6,600 | 6,600 | 6,600 | 6,600 | 100.00 | |
| 08/16/2024 | 6,100 | 6,300 | 6,100 | 6,300 | 700.00 | |
| 08/08/2024 | 6,300 | 6,300 | 6,300 | 6,300 | 100.00 | |
| 07/31/2024 | 6,300 | 6,300 | 6,300 | 6,300 | 500.00 | |
| 07/19/2024 | 6,500 | 6,900 | 6,500 | 6,900 | 1,100 | |
| 07/17/2024 | 6,500 | 6,500 | 6,500 | 6,500 | 2,000 | |
| 07/15/2024 | 7,100 | 7,100 | 6,500 | 6,500 | 300.00 | |
| 07/12/2024 | 6,600 | 6,600 | 6,600 | 6,600 | 100.00 | |
| 07/10/2024 | 6,600 | 6,600 | 6,600 | 6,600 | 500.00 | |
| 07/08/2024 | 6,700 | 6,700 | 6,600 | 6,700 | 1,700 | |
| 07/05/2024 | 6,600 | 6,700 | 6,400 | 6,700 | 1,100 | |
| 07/04/2024 | 6,600 | 6,600 | 6,600 | 6,600 | 100.00 | |
| 07/03/2024 | 6,400 | 6,400 | 6,400 | 6,400 | 200.00 | |
| 07/01/2024 | 6,800 | 6,800 | 6,500 | 6,600 | 1,900 | |
| 06/27/2024 | 6,500 | 6,500 | 6,500 | 6,500 | 400.00 | |
| 06/24/2024 | 6,600 | 6,800 | 6,500 | 6,800 | 2,900 | |
| 06/21/2024 | 6,500 | 6,900 | 6,300 | 6,600 | 15,700 |
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Me Lin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Me Lin's price direction in advance. Along with the technical and fundamental analysis of MEL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MEL to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.