Merck (Argentina) Price on July 12, 2023
MRK Stock | ARS 22,800 50.00 0.22% |
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 22,800, as last reported on the 29th of November, with the highest price reaching 24,500 and the lowest price hitting 22,425 during the day. Merck Company has Sharpe Ratio of -0.34, which conveys that the firm had a -0.34% return per unit of risk over the last 3 months. Merck exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Merck's Standard Deviation of 1.35, risk adjusted performance of (0.23), and Mean Deviation of 1.12 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.
Merck |
Sharpe Ratio = -0.3379
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Estimated Market Risk
1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.46 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.34 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 July 12, 2023
It is possible to determine the worth of Merck on a given historical date. On July 12, 2023 Merck was worth 11226.14 at the beginning of the trading date compared to the closed value of 11113.14. 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 | |
11,186 | 11,317 | 11,138 | 11,161 | 1,989 | |
07/12/2023 | 11,226 | 11,243 | 11,059 | 11,113 | 456.00 |
11,115 | 11,216 | 11,082 | 11,178 | 478.00 |
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Merck Trading Date Momentum on July 12, 2023
On July 13 2023 Merck Company was traded for 11,178 at the closing time. The maximum traded price for the trading interval was 11,216 and the lowest daily price was 11,082 . The daily volume was recorded at 478. The volume of trading on 13th of July 2023 played a part in the next trading day price jump. The trading delta at closing time to the next closing price was 0.58% . The trading delta at closing time to the closing price today is 6.52% . |
Merck Company 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 Company 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 INC operates under Drug Manufacturers - Major classification in Argentina and is traded on Buenos-Aires 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.
Price Boundaries
Merck Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Merck Company cannot be verified against its exchange. Please verify the symbol is currently traded on Buenos Aires 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 November 29, 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 Company 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.
Risk Adjusted Performance | (0.23) | |||
Jensen Alpha | (0.45) | |||
Total Risk Alpha | (0.63) | |||
Treynor Ratio | (2.07) |
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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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