Merit Medical (Germany) Buy Hold or Sell Recommendation
| MM3 Stock | 99.00 1.00 1.00% |
Assuming the 90 days trading horizon and your highly speculative risk level, our recommendation regarding Merit Medical Systems is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Merit Medical Systems given historical horizon and risk tolerance towards Merit Medical. When Macroaxis issues a 'buy' or 'sell' recommendation for Merit Medical Systems, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Merit Medical Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Merit and provide practical buy, sell, or hold advice based on investors' constraints. Merit Medical Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Merit |
Execute Merit Medical Buy or Sell Advice
The Merit recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Merit Medical Systems. Macroaxis does not own or have any residual interests in Merit Medical Systems or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Merit Medical's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Merit Medical thematic classifications
 | DrugsDrug manufacturing and delivery |
Merit Medical Returns Distribution Density
The distribution of Merit Medical's historical returns is an attempt to chart the uncertainty of Merit Medical's future price movements. The chart of the probability distribution of Merit Medical daily returns describes the distribution of returns around its average expected value. We use Merit Medical Systems price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Merit Medical returns is essential to provide solid investment advice for Merit Medical.
| Mean Return | 0.30 | Value At Risk | -1.16 | Potential Upside | 2.91 | Standard Deviation | 1.51 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Merit Medical historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Merit Medical Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Merit Medical or Drugs sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Merit Medical's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Merit stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.31 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 1.52 | |
Ir | Information ratio | 0.11 |
Merit Medical Volatility Alert
Merit Medical Systems has relatively low volatility with skewness of 1.15 and kurtosis of 3.2. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Merit Medical's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Merit Medical's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Merit Medical Fundamentals Vs Peers
Comparing Merit Medical's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Merit Medical's direct or indirect competition across all of the common fundamentals between Merit Medical and the related equities. This way, we can detect undervalued stocks with similar characteristics as Merit Medical or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Merit Medical's fundamental indicators could also be used in its relative valuation, which is a method of valuing Merit Medical by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Merit Medical to competition |
| Fundamentals | Merit Medical | Peer Average |
| Current Valuation | 4.16 B | 16.62 B |
| Price To Book | 3.72 X | 9.51 X |
| Price To Sales | 3.61 X | 11.42 X |
| Revenue | 1.15 B | 9.43 B |
| EBITDA | 181.17 M | 3.9 B |
| Net Income | 74.52 M | 570.98 M |
| Total Debt | 186.76 M | 5.32 B |
| Cash Flow From Operations | 114.29 M | 971.22 M |
| Price To Earnings To Growth | 2.15 X | 4.89 X |
| Market Capitalization | 3.17 B | 19.03 B |
| Total Asset | 1.66 B | 29.47 B |
| Z Score | 9.6 | 8.72 |
| Net Asset | 1.66 B |
Merit Medical Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Merit . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Merit Medical Buy or Sell Advice
When is the right time to buy or sell Merit Medical Systems? Buying financial instruments such as Merit Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Merit Medical in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Warren Buffett Holdings
A long-term portfolio of publicly-traded stocks on US exchanges that are owned by Warren Buffett's holding company Berkshire Hathaway. The Warren Buffett Holdings theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Warren Buffett Holdings Theme or any other thematic opportunities.
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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.