HK/China Stocks signal
3690

3690

Meituan · Consumer Cyclical

HK/China StocksInternet RetailHKGHKD-83.4% from ATH
Current Price

$74.80

Drawdown from ATH

-83.4%

Last Updated

Jun 17, 2026

Dipsern Grade90d

C

Marginal

Graded against 3690's own history at this drawdown — not the market's.

What it means: 3690's own history does not strongly favor buying at this level yet.

What to do: Consider watching and waiting for a deeper dip or a higher grade.

Median 90-Day Return
Historical Win Rate
Last 30 days-9.33%
May 6Jun 17
About 3690

Meituan

Meituan operates as a technology driven retail company in the People's Republic of China, Hong Kong, Macao, Taiwan, and internationally. It operates through Core Local Commerce and New Initiatives segments. The company offers food delivery services; and helps consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels, and attraction and transportation ticketing. It also sells goods from B2B food distribution services and Meitu

The reading

How Dipsern reads 3690 right now.

Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.

Snapshot

How is 3690 doing right now?

In plain terms: 3690 is 83.4% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

Right now 3690 — Meituan — is in a historic crash, down 83.4% from its record high. Last price: $74.8. When an asset is this far below its peak, the binary becomes recovery vs. zero. Dipsern's segmentation answers the question with data, not narratives.

Historical base rate

What history says at this drawdown

Across all available history, 3690 has spent enough trading days in the 85%-to-80% drawdown band to build a meaningful sample (85 observations). Dipsern segments these by drawdown depth and computes the rolling median forward 90-day return — that median is the primary signal you see in the full app, and it's substantially more robust than mean-based forecasts because it ignores fat-tail outliers in both directions.

Interpretation

What this means for 3690

Drawdown-based signals work across asset classes but the magnitude of meaningful moves varies. Dipsern computes the segmentation per-asset so the bands are calibrated to 3690's own volatility history. In crash territory, the most informative number is the worst observed forward return — not the median. The full app shows the max-loss column for the current segment.

Comparable signals

Other HK/China Stocks at similar drawdown levels

Five tickers closest to 3690's distance from all-time high. Same category, one tap away.

Haidilao International

-83.0% from ATH

China Tourism Group Duty Free

-84.5% from ATH

JD Health International

-81.5% from ATH

WuXi Biologics

-79.5% from ATH

Kuaishou Technology

-88.9% from ATH

Historical depth

Sample sizes by drawdown band

Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for 3690. Median forward returns, win rates, and prediction errors are available in the full analysis.

Drawdown BandObservationsMedian ReturnWin Rate
-90% to -85%10
-85% to -80%Current85
-80% to -75%209
-75% to -70%257
-70% to -65%176
-65% to -60%185
-60% to -55%80
-55% to -50%42
-50% to -45%55
-45% to -40%31
-40% to -35%83
-35% to -30%49
Methodology

Every grade is reproducible.

We segment 40+ years of 3690's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.

Years of history

40+

Drawdown bands

20

Look-ahead bias

None

Data sources

4

Unlock 3690's full analysis

See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for 3690.

Dipsern is research and a second opinion — not a broker. You'd buy 3690 at your own broker.

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Signal computed Jun 17, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.