Merck (Germany) Technical Analysis
| 6MK Stock | EUR 97.10 0.60 0.62% |
As of the 4th of January, Merck secures the Standard Deviation of 1.18, risk adjusted performance of (0.03), and Mean Deviation of 0.9303. Merck Co technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Merck treynor ratio, as well as the relationship between the value at risk and skewness to decide if Merck Co is priced some-what accurately, providing market reflects its recent price of 97.1 per share.
Merck Momentum Analysis
Momentum 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 MerckMerck |
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 Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Merck volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Merck Trend Analysis
Use this graph to draw trend lines for Merck Co. 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 Line
The following chart estimates an ordinary least squares regression model for Merck Co applied against its price change over selected period. The best fit line has a slop of 0.04 , which may suggest that Merck Co market price will keep on failing further. It has 122 observation points and a regression sum of squares at 59.83, 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 Co 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 Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Merck price pattern first instead of the macroeconomic environment surrounding Merck. 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.
Merck January 4, 2025 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.
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| Math Transform | ||
| Momentum Indicators | ||
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | 0.2493 | |||
| Mean Deviation | 0.9303 | |||
| Coefficient Of Variation | (2,740) | |||
| Standard Deviation | 1.18 | |||
| Variance | 1.4 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.2393 | |||
| Maximum Drawdown | 6.88 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.87 | |||
| Skewness | 0.6051 | |||
| Kurtosis | 1.02 |
Other Information on Investing in Merck Stock
Merck 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 security.