Merck (Brazil) Price on August 1, 2023

MRCK34 Stock  BRL 76.46  0.77  1.00%   
If you're considering investing in Merck Stock, it is important to understand the factors that can impact its price. As of today, the current price of Merck stands at 76.46, as last reported on the 2nd of December, with the highest price reaching 78.87 and the lowest price hitting 75.59 during the day. Merck has Sharpe Ratio of -0.0631, which conveys that the firm had a -0.0631% return per unit of risk over the last 3 months. Merck exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Merck's Standard Deviation of 1.48, mean deviation of 1.17, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide.
  
Merck Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0631

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Estimated Market Risk

 1.48
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Merck is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Merck by adding Merck to a well-diversified portfolio.

Merck Valuation on August 1, 2023

It is possible to determine the worth of Merck on a given historical date. On August 1, 2023 Merck was worth 60.51 at the beginning of the trading date compared to the closed value of 61.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Merck stock. Still, in general, we apply an absolute valuation method to find Merck's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Merck where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Merck's related companies.
 Open High Low Close Volume
  62.09    62.09    61.38    61.69    5,500  
08/01/2023
  60.51    63.80    60.51    61.88    23,582  
  61.76    63.24    61.59    62.16    7,369  
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Open Value
60.51
61.88
Closing Value
64.94
Upside

Merck Trading Date Momentum on August 1, 2023

On August 02 2023 Merck Co was traded for  62.16  at the closing time. The highest price during the trading period was 63.24  and the lowest recorded bid was listed for  61.59 . The volume for the day was 7.4 K. This history from August 2, 2023 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.45% . The trading delta at closing time to the current price is 3.41% .

Merck Fundamentals Correlations and Trends

By evaluating Merck's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Merck's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Merck financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Merck Stock history

Merck investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Merck is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Merck will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Merck stock prices may prove useful in developing a viable investing in Merck
It operates through four segments Pharmaceutical, Animal Health, Healthcare Services, and Alliances. Merck Co., Inc. was founded in 1891 and is headquartered in Kenilworth, New Jersey. MERCK DRN operates under Drug Manufacturers - Major classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 69000 people.

Merck Stock Technical Analysis

Merck technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Merck technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Merck trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Merck Period Price Range

Low
December 2, 2024
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High

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Merck Co cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Merck December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Merck stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Merck shares will generate the highest return on investment. By undertsting and applying Merck stock market strength indicators, traders can identify Merck Co entry and exit signals to maximize returns

Merck Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Merck's price direction in advance. Along with the technical and fundamental analysis of Merck Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Merck to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Merck Stock analysis

When running Merck's price analysis, check to measure Merck'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 is operating at the current time. Most of Merck's value examination focuses on studying past and present price action to predict the probability of Merck'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's price. Additionally, you may evaluate how the addition of Merck to your portfolios can decrease your overall portfolio volatility.
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