Merit Medical Stock Forward View - 4 Period Moving Average
| MMSI Stock | USD 61.27 -1.06 -1.70% |
4 Period Moving Average is applied to Merit Medical Systems's daily closing prices, and the resulting forecast is presented with accuracy metrics. Wide deviation between fitted and observed values suggests the model's assumptions may not match current market conditions. The 4 Period Moving Average model projects Merit Medical at 61.62 for the next trading day, above the most recent closing price. This 4 Period Moving Average output is provided as analytical reference and does not constitute a trading recommendation.
4 Period Moving Average Price Forecast For the 10th of May
Over a 90-day horizon, the 4 Period Moving Average model forecasts Merit Medical at 61.62 for the next trading day, with a mean absolute deviation of 1.41 , mean absolute percentage error of 0.02 , and sum of absolute errors of 81.91 .This represents a tight forecast with good short-term tracking of Merit Medical's price movement. This output is intended for short-term analytical reference.
Stock Forecast Pattern
| Backtest Merit Medical | Merit Medical Price Prediction | Research Analysis |
Forecasted Value
Merit Medical's next-session forecast estimates practical downside and upside boundaries based on the model's historical fit. The current forecast range spans downside near 59.50 and upside near 63.75. The moderate spread reflects defined uncertainty around the forecast.
Model Predictive Factors
The table below summarizes the 4 Period Moving Average model's error metrics for Merit Medical stock. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.| AIC | Akaike Information Criteria | 113.7991 |
| Bias | Arithmetic mean of the errors | 0.8412 |
| MAD | Mean absolute deviation | 1.4122 |
| MAPE | Mean absolute percentage error | 0.0203 |
| SAE | Sum of the absolute errors | 81.9075 |
Other Forecasting Options for Merit Medical
The distribution of Merit Medical's daily returns is typically non-normal, with fatter tails than a Gaussian model predicts. This reveals hidden support and resistance zones in Merit Medical's chart that simple price charts miss.Merit Medical Related Equities
Merit Medical's market space within the Health Care space is illustrated by the firms listed below. Looking at Merit Medical's pricing multiples next to these peers shows if the stock trades at a premium or discount. Persistent outperformance or underperformance by specific peers relative to Merit Medical often signals structural advantages or weaknesses. Tracking Merit Medical's results against these peers over time helps spot rising trends early.
| Risk & Return | Correlation |
Merit Medical Market Strength Events
Market strength indicators for Merit Medical stock provide a framework for assessing security responsiveness. A rising Accumulation/Distribution line alongside rising price confirms institutional buying interest in Merit Medical.
Merit Medical Risk Indicators
Assessing Merit Medical's risk indicators is a structured way to evaluate the risk-return trade-off for merit medical stock. The level of risk embedded in Merit Medical's feeds directly into exposure calibration.
| Mean Deviation | 1.55 | |||
| Standard Deviation | 2.14 | |||
| Variance | 4.56 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Merit Medical Short Properties
Short-interest signals around Merit Medical reveal whether skeptical positioning is starting to pressure price predictability and market tone. Comparing short sentiment with trend behavior, volume, and the broader market narrative provides a more grounded view.
| Common Stock Shares Outstanding | 60.46 million | |
| Cash And Short Term Investments | 448.5 million |