This is one of Hatched Analytics’ most reliable reports.
Our MELI report has performed remarkably well since its launch, predicting the “Number of Successful Items Sold” KPI with a MAPE of 0.7% for the past four quarters. Hatched Analytics accurately predicted the reported KPI for 2023-Q1 with an error rate of 1.0%.
In November 2022, Hatched Analytics have enhanced our MELI report with additional data by adding a new index. We have sourced an incremental component which captures all transactions processed through Mercado Pago. This index, called ‘Mercado Pago Transaction Index’, predicts their “Total Payment Transactions” KPI. The MAPE over the last seven quarters is 2.1%.