Merck Stock Forecast - Mean Deviation
| MRK Stock | USD 103.11 1.49 1.47% |
Merck Stock Forecast is based on your current time horizon. Although Merck's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Merck's systematic risk associated with finding meaningful patterns of Merck fundamentals over time.
Merck |
Open Interest Against 2024-11-29 Merck Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Merck's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Merck's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Merck stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Merck's open interest, investors have to compare it to Merck's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Merck is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Merck. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Check Merck Volatility | Backtest Merck | Information Ratio |
Merck Trading Date Momentum
| On November 27 2024 Merck Company was traded for 103.11 at the closing time. Highest Merck's price during the trading hours was 103.11 and the lowest price during the day was 99.70 . There was no trading activity during the period 0.0. Lack of trading volume on the 27th of November did not cause price change. The trading delta at closing time to current price is 1.44% . |
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Other Forecasting Options for Merck
For every potential investor in Merck, whether a beginner or expert, Merck's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Merck Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Merck. Basic forecasting techniques help filter out the noise by identifying Merck's price trends.Merck Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Merck stock to make a market-neutral strategy. Peer analysis of Merck could also be used in its relative valuation, which is a method of valuing Merck by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Merck Company Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Merck's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Merck's current price.| Cycle Indicators | ||
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Merck Market Strength Events
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 Risk Indicators
The analysis of Merck's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Merck's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting merck stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8887 | |||
| Standard Deviation | 1.17 | |||
| Variance | 1.37 |
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.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Merck to cross-verify your projections. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Merck. If investors know Merck will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Merck listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.33) | Dividend Share 3.04 | Earnings Share 4.78 | Revenue Per Share 24.931 | Quarterly Revenue Growth 0.044 |
The market value of Merck Company is measured differently than its book value, which is the value of Merck that is recorded on the company's balance sheet. Investors also form their own opinion of Merck's value that differs from its market value or its book value, called intrinsic value, which is Merck's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Merck's market value can be influenced by many factors that don't directly affect Merck's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Merck's value and its price as these two are different measures arrived at by different means. Investors typically determine if Merck is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merck's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.