MERCK INC Chance of Future Bond Price Finishing Under 60.7
| 58933YBB0 | 60.70 0.21 0.34% |
MERCK |
MERCK Target Price Odds to finish below 60.7
The tendency of MERCK Bond 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 below current price in 90 days |
| 60.70 | 90 days | 60.70 | about 21.8 |
Based on a normal probability distribution, the odds of MERCK to move below current price in 90 days from now is about 21.8 (This MERCK INC probability density function shows the probability of MERCK Bond to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon MERCK INC has a beta of -0.0212. This usually implies as returns on the benchmark increase, returns on holding MERCK are expected to decrease at a much lower rate. During a bear market, however, MERCK INC is likely to outperform the market. Additionally MERCK INC 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 Price Density |
| Price |
Predictive Modules for MERCK
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 INC. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond 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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. MERCK is not an exception. The market had few large corrections towards the MERCK'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 INC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of MERCK within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 2.63 | |
Ir | Information ratio | -0.05 |
MERCK 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 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for MERCK INC 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 INC generated a negative expected return over the last 90 days |
MERCK Technical Analysis
MERCK's future price can be derived by breaking down and analyzing its technical indicators over time. MERCK Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MERCK INC. In general, you should focus on analyzing MERCK Bond price patterns and their correlations with different microeconomic environments and drivers.
MERCK Predictive Forecast Models
MERCK's time-series forecasting models is one of many MERCK's bond 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'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 bond market movement and maximize returns from investment trading.
Things to note about MERCK INC
Checking the ongoing alerts about MERCK for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for MERCK INC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| MERCK INC generated a negative expected return over the last 90 days |
Other Information on Investing in MERCK Bond
MERCK financial ratios help investors to determine whether MERCK Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MERCK with respect to the benefits of owning MERCK security.