Merck (Germany) Price on March 24, 2023
MRK Stock | EUR 138.70 1.90 1.39% |
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 stands at 138.70, as last reported on the 25th of December, with the highest price reaching 138.70 and the lowest price hitting 137.00 during the day. Merck Company has Sharpe Ratio of -0.14, which conveys that the firm had a -0.14% return per unit of risk over the last 3 months. Merck exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Merck's Mean Deviation of 1.11, risk adjusted performance of (0.08), and Standard Deviation of 1.6 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 = -0.1351
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | MRK |
Estimated Market Risk
1.57 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Merck 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 by adding Merck to a well-diversified portfolio.
Merck Valuation on March 24, 2023
It is possible to determine the worth of Merck on a given historical date. On March 24, 2023 Merck was worth 159.11 at the beginning of the trading date compared to the closed value of 164.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Merck stock. Still, in general, we apply an absolute valuation method to find Merck'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Merck's related companies.
Open | High | Low | Close | Volume | |
159.30 | 160.42 | 158.72 | 158.72 | 3,185 | |
03/24/2023 | 159.11 | 164.50 | 159.11 | 164.50 | 6,556 |
165.23 | 168.97 | 165.23 | 168.15 | 4,124 |
Backtest Merck | | | Merck History | | | Merck Valuation | Previous | Next |
Merck Trading Date Momentum on March 24, 2023
On March 27 2023 Merck Company was traded for 168.15 at the closing time. The highest daily price throughout the period was 168.97 and the lowest price was 165.23 . The daily volume was 4.1 K. The net trading volume on 03/27/2023 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 2.22% . The trading delta at closing time to current closing price is 1.63% . |
Merck Company Fundamentals Correlations and Trends
By evaluating Merck'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'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 Stock history
Merck 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 Company 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 stock prices may prove useful in developing a viable investing in Merck
MERCK Kommanditgesellschaft auf Aktien operates in the healthcare, life science, and performance materials sectors worldwide. MERCK Kommanditgesellschaft auf Aktien operates as a subsidiary of E. MERCK KGAA operates under Drug ManufacturersSpecialty Generic classification in Germany and is traded on Frankfurt Stock Exchange. It employs 57850 people.
Merck Stock Technical Analysis
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.
Price Boundaries
Merck Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Merck Company cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Merck 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 shares will generate the highest return on investment. By undertsting and applying Merck stock market strength indicators, traders can identify Merck Company entry and exit signals to maximize returns
Merck Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Merck'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 | (0.08) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | (0.39) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Money Managers Screen money managers from public funds and ETFs managed around the world |