As of the 23rd of February, Merck secures the Mean Deviation of 0.6799, risk adjusted performance of 0.2368, and Coefficient Of Variation of 272.13. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Merck Company, 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 were able to interpolate data for eighteen technical drivers for Merck, which can be compared to its peers in the industry. Please verify Merck Company information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Merck Company is priced some-what accurately, providing market reflects its recent price of 129.26 per share. Given that Merck Company has treynor ratio of 0.6602, we recommend you to check Merck's last-minute market performance to make sure the company can sustain itself at a future point.
Merck Momentum AnalysisMomentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Merck, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Merck Merck's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Merck Analyst Consensus
Merck 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.
Merck Company Technical Analysis
Merck Company 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 0.51 , 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 9943.8, which is the sum of squared deviations for the predicted Merck price change compared to its average price change.
About Merck Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Merck Company on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Merck Company based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Merck Company price pattern first instead of the macroeconomic environment surrounding Merck Company. By analyzing Merck's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Merck's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Merck specific price patterns or momentum indicators. Please read more on our technical analysis page.
|Long Term Debt to Equity
Merck February 23, 2024 Technical Indicators
Most technical analysis of Merck help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Merck from various momentum indicators to cycle indicators. When you analyze Merck charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Merck February 23, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Merck stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.When determining whether Merck Company 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 Merck 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 Merck Company Stock. Highlighted below are key reports to facilitate an investment decision about Merck Company Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merck Company. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Merck Stock analysis
When running Merck's price analysis, check to measure Merck'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 Merck is operating at the current time. Most of Merck's value examination focuses on studying past and present price action to predict the probability of Merck's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merck's price. Additionally, you may evaluate how the addition of Merck to your portfolios can decrease your overall portfolio volatility.
|Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Search for actively traded equities including funds and ETFs from over 30 global markets
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Quickly integrate customizable finance content to your own investment portal
Check effects of mean-variance optimization against your current asset allocation
|Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Find global opportunities by holding instruments from different markets
Is Merck'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 Merck. If investors know Merck 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 Merck listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
Revenue Per Share
Quarterly Revenue Growth
The market value of Merck Company is measured differently than its book value, which is the value of Merck that is recorded on the company's balance sheet. Investors also form their own opinion of Merck's value that differs from its market value or its book value, called intrinsic value, which is Merck'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 Merck's market value can be influenced by many factors that don't directly affect Merck'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 Merck's value and its price as these two are different measures arrived at by different means. Investors typically determine if Merck is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merck'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.