As of 15 of October Merck secures Risk Adjusted Performance of 0.0809, Mean Deviation of 0.9499 and Downside Deviation of 1.4. In connection with Fundamental Indicators, Macroaxis technical analysis interface lets you check existing technical drivers of Merck as well as the relationship between them. Strictly speaking you can use this information to find out if the firm will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for Merck which can be compared to its peers in the industry. Please verify Merck Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if Merck Company is priced some-what accurately providing market reflects its recent price of 84.69 per share. Given that Merck has Jensen Alpha of 0.1139, we recommend you check Merck last-minute market performance to make sure the company can sustain itself at future point.
Merck Company current and past analyst recommendations published by number of research institutions as well as average analyst consensus
|Target Price||Advice||# of Analysts|
|Merck Analyst Advice|
|Horizon||30 Days Login to change|
Merck Technical Analysis
Merck Trend AnalysisUse this graph to draw trend lines for Merck Company. You can use it to identify possible trend reversals for Merck as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Merck price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Merck Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Merck Company applied against its price change over selected period. The best fit line has a slop of 0.005393 which may imply that Merck Company will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 1.1, which is the sum of squared deviations for the predicted Merck price change compared to its average price change.
Merck October 15, 2019 Technical Indicators
|Risk Adjusted Performance||0.0809|
|Market Risk Adjusted Performance||0.136|
|Coefficient Of Variation||1223.05|
|Total Risk Alpha||0.1336|
|Value At Risk||(2.13)|
|Expected Short fall||(0.94)|
Merck October 15, 2019 Daily Price Condition
|Daily Balance Of Power||1.00|
|Rate Of Daily Change||1.00|
|Day Median Price||84.86|
|Day Typical Price||84.81|
|Price Action Indicator||0.00|
|Market Facilitation Index||0.35|