Seasonality
MELI seasonality — MercadoLibre, Inc.
Over the last 11 years, MELI's strongest month on average has been January (+14.0%) and its weakest September (-5.3%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +14.04% | +14.48% | 90% | +39.6% | -16.0% | 10 |
| Feb | +1.32% | -0.13% | 50% | +26.0% | -18.2% | 10 |
| Mar | -2.93% | -3.42% | 40% | +10.7% | -20.7% | 10 |
| Apr | +2.34% | +0.30% | 50% | +19.5% | -18.1% | 10 |
| May | +5.67% | +3.48% | 50% | +46.0% | -19.3% | 10 |
| Jun | +0.56% | +1.03% | 60% | +15.8% | -19.0% | 10 |
| Jul | +8.13% | +7.57% | 90% | +27.8% | -9.2% | 10 |
| Aug | +5.49% | +4.04% | 70% | +23.5% | -10.4% | 10 |
| Sep | -5.27% | -6.40% | 10% | +0.2% | -10.7% | 10 |
| Oct | -1.73% | -3.42% | 20% | +12.2% | -11.8% | 10 |
| Nov | +6.98% | +8.47% | 67% | +30.6% | -19.8% | 9 |
| Dec | -1.29% | -2.13% | 30% | +14.4% | -16.8% | 10 |
Monthly returns heat map — MELI
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 6.6 | -18.2 | -1.6 | 3.7 | -5.4 | 0.1 | 10.6 | 3.1 | -10.7 | -6.0 | -7.0 | -25.0% | |
| 2025 | 13.0 | 10.4 | -8.1 | 19.5 | 10.0 | 2.0 | -9.2 | 4.2 | -5.5 | -0.4 | -11.0 | -2.8 | +18.5% |
| 2024 | 8.9 | -6.8 | -5.2 | -3.5 | 18.3 | -4.8 | 1.6 | 23.5 | -0.5 | -0.7 | -2.5 | -14.3 | +8.2% |
| 2023 | 39.6 | 3.2 | 8.0 | -3.1 | -3.0 | -4.4 | 4.5 | 10.8 | -7.6 | -2.1 | 30.6 | -3.0 | +85.7% |
| 2022 | -16.0 | -0.5 | 5.6 | -18.1 | -19.3 | -19.0 | 27.8 | 5.1 | -3.2 | 8.9 | 3.3 | -9.1 | -37.2% |
| 2021 | 6.2 | -8.0 | -10.1 | 6.7 | -13.5 | 14.7 | 0.7 | 19.0 | -10.1 | -11.8 | -19.8 | 13.5 | -19.5% |
| 2020 | 15.9 | -7.1 | -20.7 | 19.4 | 46.0 | 15.8 | 14.1 | 3.9 | -7.4 | 12.2 | 27.9 | 7.8 | +192.9% |
| 2019 | 24.3 | 26.0 | 10.7 | -4.7 | 17.8 | 7.2 | 1.6 | -4.3 | -7.3 | -5.4 | 11.3 | -1.5 | +95.3% |
| 2018 | 23.0 | 0.2 | -8.1 | -4.7 | -14.4 | 2.8 | 14.7 | -0.1 | -0.6 | -4.7 | 8.5 | -16.8 | -6.9% |
| 2017 | 18.7 | 13.7 | 0.3 | 8.2 | 20.2 | -8.8 | 15.0 | -10.4 | 0.2 | -7.2 | 14.5 | 14.4 | +101.5% |
| 2016 | -1.1 |