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MercadoLibre Inc. (NASD:MELI) Seasonal Chart

Seasonal Chart Analysis

Analysis of the MercadoLibre Inc. (NASD:MELI) seasonal charts above shows that a Buy Date of October 21 and a Sell Date of March 16 has resulted in a geometric average return of 11.99% above the benchmark rate of the S&P 500 Total Return Index over the past 14 years. This seasonal timeframe has shown positive results compared to the benchmark in 13 of those periods. This is an excellent rate of success, but the return underperforms the relative buy-and-hold performance of the stock over the past 14 years by an average of 0.03% per year.

The seasonal timeframe correlates Very Well with the period of seasonal strength for the Consumer Discretionary sector, which runs from October 17 to April 12. The seasonal chart for the broad sector is available via the following link: Consumer Discretionary Sector Seasonal Chart.

MercadoLibre runs the largest e-commerce marketplace in Latin America, connecting a network of more than 132 million active buyers and 1 million active sellers across its 18-country footprint. The company also operates a host of complementary businesses, with shipping solutions (Mercado Envios), a payment and financing operation (Mercado Pago), advertisements (Mercado Clics), classifieds, and website development rounding out its arsenal. MercadoLibre generates revenue from final value fees, advertising royalties, payment processing, insertion fees, subscription fees, and interest income from consumer and small-business lending.

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