Merck Kgaa Adr Stock Probability of Future Pink Sheet Price Finishing Under 33.76
| MKKGY Stock | USD 29.90 0.04 0.13% |
Merck |
Merck KGaA Target Price Odds to finish below 33.76
The tendency of Merck Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 33.76 after 90 days |
| 29.90 | 90 days | 33.76 | about 43.46 |
Based on a normal probability distribution, the odds of Merck KGaA to stay under $ 33.76 after 90 days from now is about 43.46 (This Merck KGaA ADR probability density function shows the probability of Merck Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Merck KGaA ADR price to stay between its current price of $ 29.90 and $ 33.76 at the end of the 90-day period is about 38.15 .
Assuming the 90 days horizon Merck KGaA has a beta of 0.4. This indicates as returns on the market go up, Merck KGaA average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Merck KGaA ADR will be expected to be much smaller as well. Additionally Merck KGaA ADR has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Merck KGaA Price Density |
| Price |
Predictive Modules for Merck KGaA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Merck KGaA ADR. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Merck KGaA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Merck KGaA is not an exception. The market had few large corrections towards the Merck KGaA's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Merck KGaA ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Merck KGaA within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.43 | |
β | Beta against Dow Jones | 0.40 | |
σ | Overall volatility | 2.68 | |
Ir | Information ratio | -0.3 |
Merck KGaA Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Merck KGaA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Merck KGaA ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Merck KGaA ADR generated a negative expected return over the last 90 days |
Merck KGaA Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Merck Pink Sheet often depends not only on the future outlook of the current and potential Merck KGaA's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Merck KGaA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.2 B | |
| Cash And Short Term Investments | 1.6 B |
Merck KGaA Technical Analysis
Merck KGaA's future price can be derived by breaking down and analyzing its technical indicators over time. Merck Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Merck KGaA ADR. In general, you should focus on analyzing Merck Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Merck KGaA Predictive Forecast Models
Merck KGaA's time-series forecasting models is one of many Merck KGaA's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Merck KGaA's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Merck KGaA ADR
Checking the ongoing alerts about Merck KGaA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Merck KGaA ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Merck KGaA ADR generated a negative expected return over the last 90 days |
Additional Tools for Merck Pink Sheet Analysis
When running Merck KGaA's price analysis, check to measure Merck KGaA'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 KGaA is operating at the current time. Most of Merck KGaA's value examination focuses on studying past and present price action to predict the probability of Merck KGaA'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 KGaA's price. Additionally, you may evaluate how the addition of Merck KGaA to your portfolios can decrease your overall portfolio volatility.