Merus Bv Stock Market Value
| MRUS Stock | USD 45.49 1.13 2.55% |
| Symbol | Merus |
Merus BV Price To Book Ratio
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Merus BV. If investors know Merus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Merus BV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.03) | Revenue Per Share 0.584 | Quarterly Revenue Growth 0.067 | Return On Assets (0.22) | Return On Equity (0.45) |
The market value of Merus BV is measured differently than its book value, which is the value of Merus that is recorded on the company's balance sheet. Investors also form their own opinion of Merus BV's value that differs from its market value or its book value, called intrinsic value, which is Merus BV's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Merus BV's market value can be influenced by many factors that don't directly affect Merus BV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Merus BV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Merus BV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merus BV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Merus BV 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Merus BV's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Merus BV.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Merus BV on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Merus BV or generate 0.0% return on investment in Merus BV over 660 days. Merus BV is related to or competes with Anebulo Pharmaceuticals, Adagene, Acrivon Therapeutics,, AnaptysBio, Mineralys Therapeutics,, Crinetics Pharmaceuticals, and Inhibrx. Merus N.V., a clinical-stage immuno-oncology company, engages in the discovery and development of bispecific antibody th... More
Merus BV Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Merus BV's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Merus BV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 10.85 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 3.08 |
Merus BV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Merus BV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Merus BV's standard deviation. In reality, there are many statistical measures that can use Merus BV historical prices to predict the future Merus BV's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.20) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Merus BV'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.
Merus BV Backtested Returns
Merus BV has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1% return per unit of risk over the last 3 months. Merus BV exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Merus BV's Standard Deviation of 2.1, risk adjusted performance of (0.07), and Mean Deviation of 1.67 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.13, which conveys a somewhat significant risk relative to the market. Merus BV returns are very sensitive to returns on the market. As the market goes up or down, Merus BV is expected to follow. At this point, Merus BV has a negative expected return of -0.22%. Please make sure to verify Merus BV's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Merus BV performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.57 |
Modest predictability
Merus BV has modest predictability. Overlapping area represents the amount of predictability between Merus BV time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Merus BV price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Merus BV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 46.51 |
Merus BV lagged returns against current returns
Autocorrelation, which is Merus BV stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Merus BV's stock expected returns. We can calculate the autocorrelation of Merus BV returns to help us make a trade decision. For example, suppose you find that Merus BV has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Merus BV regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Merus BV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Merus BV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Merus BV stock over time.
Current vs Lagged Prices |
| Timeline |
Merus BV Lagged Returns
When evaluating Merus BV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Merus BV stock have on its future price. Merus BV autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Merus BV autocorrelation shows the relationship between Merus BV stock current value and its past values and can show if there is a momentum factor associated with investing in Merus BV.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Merus Stock Analysis
When running Merus BV's price analysis, check to measure Merus BV'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 Merus BV is operating at the current time. Most of Merus BV's value examination focuses on studying past and present price action to predict the probability of Merus BV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merus BV's price. Additionally, you may evaluate how the addition of Merus BV to your portfolios can decrease your overall portfolio volatility.