Meridianlink Stock Price on June 20, 2018

MLNK Stock  USD 18.22  0.29  1.62%   
If you're considering investing in Meridianlink Stock, it is important to understand the factors that can impact its price. As of today, the current price of Meridianlink stands at 18.22, as last reported on the 28th of March, with the highest price reaching 18.25 and the lowest price hitting 17.98 during the day. Meridianlink has Sharpe Ratio of -0.19, which conveys that the firm had a -0.19% return per unit of risk over the last 3 months. Meridianlink exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Meridianlink's Risk Adjusted Performance of (0.09), standard deviation of 2.44, and Mean Deviation of 1.43 to check out the risk estimate we provide.
  
Common Stock Shares Outstanding is expected to rise to about 80.8 M this year, although the value of Total Stockholder Equity will most likely fall to about 355.1 M. . At this time, Meridianlink's Price To Book Ratio is quite stable compared to the past year. Price Cash Flow Ratio is expected to rise to 30.75 this year, although the value of Price Earnings Ratio is projected to rise to (44.45). Meridianlink Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1883

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Estimated Market Risk

 2.49
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.47
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.19
  actual daily
0
Most of other assets perform better
Based on monthly moving average Meridianlink is not performing at its full potential. However, 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 Meridianlink by adding Meridianlink to a well-diversified portfolio.
Price Book
2.6924
Enterprise Value Ebitda
22.1248
Price Sales
4.5069
Shares Float
22.1 M
Wall Street Target Price
20.83

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

About Meridianlink Stock history

Meridianlink investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Meridianlink is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meridianlink will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Meridianlink stock prices may prove useful in developing a viable investing in Meridianlink
Last ReportedProjected for 2024
Common Stock Shares Outstanding80.3 M80.8 M
Net Income Applicable To Common Shares1.5 M1.6 M

Meridianlink Stock Technical Analysis

Meridianlink technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Meridianlink technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Meridianlink trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Meridianlink Period Price Range

Meridianlink March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Meridianlink stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Meridianlink shares will generate the highest return on investment. By undertsting and applying Meridianlink stock market strength indicators, traders can identify Meridianlink entry and exit signals to maximize returns

Meridianlink Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Meridianlink's price direction in advance. Along with the technical and fundamental analysis of Meridianlink Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Meridianlink 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.
When determining whether Meridianlink is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Meridianlink Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Meridianlink Stock. Highlighted below are key reports to facilitate an investment decision about Meridianlink Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Meridianlink. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Meridianlink Stock please use our How to buy in Meridianlink Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Meridianlink Stock analysis

When running Meridianlink's price analysis, check to measure Meridianlink's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Meridianlink is operating at the current time. Most of Meridianlink's value examination focuses on studying past and present price action to predict the probability of Meridianlink's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meridianlink's price. Additionally, you may evaluate how the addition of Meridianlink to your portfolios can decrease your overall portfolio volatility.
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Is Meridianlink's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Meridianlink. If investors know Meridianlink will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Meridianlink listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.53)
Revenue Per Share
3.779
Quarterly Revenue Growth
0.057
Return On Assets
0.0117
Return On Equity
(0.08)
The market value of Meridianlink is measured differently than its book value, which is the value of Meridianlink that is recorded on the company's balance sheet. Investors also form their own opinion of Meridianlink's value that differs from its market value or its book value, called intrinsic value, which is Meridianlink's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Meridianlink's market value can be influenced by many factors that don't directly affect Meridianlink's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Meridianlink's value and its price as these two are different measures arrived at by different means. Investors typically determine if Meridianlink is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Meridianlink's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.