Merit Medical (Germany) Statistic Functions Beta
| MM3 Stock | 100.00 1.00 1.01% |
| Symbol |
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Merit Medical Systems correlated with the market. If Beta is less than 0 Merit Medical generally moves in the opposite direction as compared to the market. If Merit Medical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Merit Medical Systems is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Merit Medical is generally in the same direction as the market. If Beta > 1 Merit Medical moves generally in the same direction as, but more than the movement of the benchmark.
Merit Medical Technical Analysis Modules
Most technical analysis of Merit Medical help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Merit from various momentum indicators to cycle indicators. When you analyze Merit charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Merit Medical Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Merit Medical Systems. We use our internally-developed statistical techniques to arrive at the intrinsic value of Merit Medical Systems based on widely used predictive technical indicators. In general, we focus on analyzing Merit Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Merit Medical's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Merit Medical's intrinsic value. In addition to deriving basic predictive indicators for Merit Medical, we also check how macroeconomic factors affect Merit Medical price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Merit Medical's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Merit Medical in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Merit Medical's short interest history, or implied volatility extrapolated from Merit Medical options trading.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Casinos Invested over 90 shares | |
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Additional Tools for Merit Stock Analysis
When running Merit Medical's price analysis, check to measure Merit Medical'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 Merit Medical is operating at the current time. Most of Merit Medical's value examination focuses on studying past and present price action to predict the probability of Merit Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merit Medical's price. Additionally, you may evaluate how the addition of Merit Medical to your portfolios can decrease your overall portfolio volatility.