Merck Tbk (Indonesia) Price on November 22, 2024
MERK Stock | IDR 3,430 10.00 0.29% |
If you're considering investing in Merck Stock, it is important to understand the factors that can impact its price. As of today, the current price of Merck Tbk stands at 3,430, as last reported on the 1st of December, with the highest price reaching 3,490 and the lowest price hitting 3,420 during the day. Merck Tbk has Sharpe Ratio of -0.24, which conveys that the firm had a -0.24% return per unit of risk over the last 3 months. Merck Tbk exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Merck Tbk's Standard Deviation of 0.6851, risk adjusted performance of (0.18), and Mean Deviation of 0.4772 to check out the risk estimate we provide.
Merck Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Merck |
Sharpe Ratio = -0.2394
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Estimated Market Risk
0.69 actual daily | 6 94% of assets are more volatile |
Expected Return
-0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.24 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Merck Tbk 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 Merck Tbk by adding Merck Tbk to a well-diversified portfolio.
Merck Tbk Valuation on November 22, 2024
It is possible to determine the worth of Merck Tbk on a given historical date. On November 22, 2024 Merck was worth 3420.0 at the beginning of the trading date compared to the closed value of 3460.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Merck Tbk stock. Still, in general, we apply an absolute valuation method to find Merck Tbk's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Merck Tbk where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Merck Tbk's related companies.
Open | High | Low | Close | Volume | |
3,490 | 3,490 | 3,400 | 3,410 | 33,400 | |
11/22/2024 | 3,420 | 3,460 | 3,410 | 3,460 | 2,300 |
3,470 | 3,470 | 3,430 | 3,450 | 41,100 |
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Merck Tbk Trading Date Momentum on November 22, 2024
On November 25 2024 Merck Tbk was traded for 3,450 at the closing time. The highest price during the trading period was 3,470 and the lowest recorded bid was listed for 3,430 . The volume for the day was 41.1 K. This history from November 25, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.29% . The trading delta at closing time to the current price is 0.58% . |
Merck Tbk Fundamentals Correlations and Trends
By evaluating Merck Tbk's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Merck Tbk's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Merck financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Merck Tbk Stock history
Merck Tbk 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 Merck is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Merck Tbk 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 Merck Tbk stock prices may prove useful in developing a viable investing in Merck Tbk
PT Merck Tbk manufactures and sells pharmaceutical products in Indonesia. The company was founded in 1970 and is headquartered in East Jakarta, Indonesia. Merck Tbk operates under Drug ManufacturersSpecialty Generic classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 405 people.
Merck Tbk Stock Technical Analysis
Merck Tbk 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.
Price Boundaries
Merck Tbk Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Merck Tbk cannot be verified against its exchange. Please verify the symbol is currently traded on Jakarta Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Merck Tbk December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Merck Tbk stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Merck Tbk shares will generate the highest return on investment. By undertsting and applying Merck Tbk stock market strength indicators, traders can identify Merck Tbk entry and exit signals to maximize returns
Merck Tbk Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Merck Tbk's price direction in advance. Along with the technical and fundamental analysis of Merck Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Merck 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.
Risk Adjusted Performance | (0.18) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | 2.34 |
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Other Information on Investing in Merck Stock
Merck Tbk financial ratios help investors to determine whether Merck Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Merck with respect to the benefits of owning Merck Tbk security.