Merit Medical Financials
| MM3 Stock | 99.00 1.00 1.00% |
Merit |
Understanding current and past Merit Medical Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Merit Medical's financial statements are interrelated, with each one affecting the others. For example, an increase in Merit Medical's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Merit Medical's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Merit Medical Systems. Check Merit Medical's Beneish M Score to see the likelihood of Merit Medical's management manipulating its earnings.
| Instrument | Germany Stock View All |
| Exchange | Stuttgart Exchange |
| ISIN | US5898891040 |
| Benchmark | Dow Jones Industrial |
You should never invest in Merit Medical without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Merit Stock, because this is throwing your money away. Analyzing the key information contained in Merit Medical's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Merit Medical Key Financial Ratios
Merit Medical's financial ratios allow both analysts and investors to convert raw data from Merit Medical's financial statements into concise, actionable information that can be used to evaluate the performance of Merit Medical over time and compare it to other companies across industries.Merit Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Merit Medical's current stock value. Our valuation model uses many indicators to compare Merit Medical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Merit Medical competition to find correlations between indicators driving Merit Medical's intrinsic value. More Info.Merit Medical Systems is rated below average in current valuation category among its peers. It also is rated below average in price to book category among its peers . The ratio of Current Valuation to Price To Book for Merit Medical Systems is about 1,119,053,777 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Merit Medical's earnings, one of the primary drivers of an investment's value.Merit Medical Systems Systematic Risk
Merit Medical's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Merit Medical volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Merit Medical Systems correlated with the market. If Beta is less than 0 Merit Medical generally moves in the opposite direction as compared to the market. If Merit Medical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Merit Medical Systems is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Merit Medical is generally in the same direction as the market. If Beta > 1 Merit Medical moves generally in the same direction as, but more than the movement of the benchmark.
Merit Medical Thematic Clasifications
Merit Medical Systems is part of Drugs investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Drug manufacturing and delivery. Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery
This theme covers Drug manufacturing and delivery. Companies involved in medical and pharmaceutical drug research, manufacturing, and delivery. Get More Thematic Ideas
| Drugs | View |
Merit Medical November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Merit Medical help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Merit Medical Systems. We use our internally-developed statistical techniques to arrive at the intrinsic value of Merit Medical Systems based on widely used predictive technical indicators. In general, we focus on analyzing Merit Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Merit Medical's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.23 | |||
| Information Ratio | 0.11 | |||
| Maximum Drawdown | 8.88 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 2.91 |
Additional Tools for Merit Stock Analysis
When running Merit Medical's price analysis, check to measure Merit Medical'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 Merit Medical is operating at the current time. Most of Merit Medical's value examination focuses on studying past and present price action to predict the probability of Merit Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merit Medical's price. Additionally, you may evaluate how the addition of Merit Medical to your portfolios can decrease your overall portfolio volatility.