The Price Is Right For Merit Medical Systems, Inc. - Simply Wall St
| MM3 Stock | 97.50 0.50 0.52% |
Slightly above 52% of Merit Medical's investor base is interested to short. The analysis of current outlook of investing in Merit Medical Systems suggests that many traders are impartial regarding Merit Medical's prospects. Merit Medical's investing sentiment can be driven by a variety of factors including economic data, Merit Medical's earnings reports, geopolitical events, and overall market trends.
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The Price Is Right For Merit Medical Systems, Inc. Simply Wall St
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Merit Medical Fundamental Analysis
We analyze Merit Medical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Merit Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Merit Medical based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Merit Medical is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Merit Medical Systems Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Merit Medical stock to make a market-neutral strategy. Peer analysis of Merit Medical could also be used in its relative valuation, which is a method of valuing Merit Medical by comparing valuation metrics with similar companies.
Peers
Merit Medical Related Equities
| FCW3 | ALERION CLEANPOWER | 2.89 | ||||
| BZ7A | Bumrungrad Hospital | 1.82 | ||||
| UCE | ULTRA CLEAN | 1.69 | ||||
| HBO | DiamondRock Hospitality | 1.17 | ||||
| CLH | Cardinal Health | 0.22 | ||||
| WIQ | Clean Energy | 1.02 | ||||
| TMD0 | CVW CLEANTECH | 1.75 |
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.