Merit Medical (Germany) Probability of Future Stock Price Finishing Over 69.00
| MM3 Stock | EUR 69.00 1.00 1.47% |
Merit |
Merit Medical Target Price Odds to finish over 69.00
The tendency of Merit Stock 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 move above the current price in 90 days |
| 69.00 | 90 days | 69.00 | about 81.8 |
Based on a normal probability distribution, the odds of Merit Medical to move above the current price in 90 days from now is about 81.8 (This Merit Medical Systems probability density function shows the probability of Merit Stock to fall within a particular range of prices over 90 days) .
Merit Medical Price Density |
| Price |
Predictive Modules for Merit Medical
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Merit Medical Systems. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock 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.Merit Medical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Merit Medical is not an exception. The market had few large corrections towards the Merit Medical'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 Merit Medical Systems, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Merit Medical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | -0.17 | |
σ | Overall volatility | 3.25 | |
Ir | Information ratio | -0.08 |
Merit Medical 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 Merit Medical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Merit Medical Systems can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Merit Medical generated a negative expected return over the last 90 days | |
| Merit Medical is unlikely to experience financial distress in the next 2 years | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Merit Medical Systems, Inc. MMSI Shares Sold by Aberdeen Group plc - MarketBeat |
Merit Medical Technical Analysis
Merit Medical's future price can be derived by breaking down and analyzing its technical indicators over time. Merit Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Merit Medical Systems. In general, you should focus on analyzing Merit Stock price patterns and their correlations with different microeconomic environments and drivers.
Merit Medical Predictive Forecast Models
Merit Medical's time-series forecasting models is one of many Merit Medical's stock 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 Merit Medical'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 stock market movement and maximize returns from investment trading.
Things to note about Merit Medical Systems
Checking the ongoing alerts about Merit Medical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Merit Medical Systems help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Merit Medical generated a negative expected return over the last 90 days | |
| Merit Medical is unlikely to experience financial distress in the next 2 years | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Merit Medical Systems, Inc. MMSI Shares Sold by Aberdeen Group plc - MarketBeat |
Check out Merit Medical Analysis, Merit Medical Valuation, Merit Medical Correlation, Merit Medical Hype Analysis, Merit Medical Volatility, Merit Medical Price History as well as Merit Medical Performance. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.