Merit Medical (Germany) Performance
| MM3 Stock | 97.50 0.50 0.51% |
On a scale of 0 to 100, Merit Medical holds a performance score of 11. The company secures a Beta (Market Risk) of 0.86, which conveys possible diversification benefits within a given portfolio. Merit Medical returns are very sensitive to returns on the market. As the market goes up or down, Merit Medical is expected to follow. Please check Merit Medical's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Merit Medical's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Merit Medical Systems are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively uncertain basic indicators, Merit Medical unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 67.8 M | |
| Free Cash Flow | 69.3 M |
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Merit Medical Relative Risk vs. Return Landscape
If you would invest 8,550 in Merit Medical Systems on August 29, 2024 and sell it today you would earn a total of 1,250 from holding Merit Medical Systems or generate 14.62% return on investment over 90 days. Merit Medical Systems is generating 0.2213% of daily returns and assumes 1.5147% volatility on return distribution over the 90 days horizon. Simply put, 13% of stocks are less volatile than Merit, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Merit Medical Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Merit Medical's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Merit Medical Systems, and traders can use it to determine the average amount a Merit Medical's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1461
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Estimated Market Risk
| 1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Merit Medical is performing at about 11% of its full potential. 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 Merit Medical by adding it to a well-diversified portfolio.
Merit Medical Fundamentals Growth
Merit Stock prices reflect investors' perceptions of the future prospects and financial health of Merit Medical, and Merit Medical fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Merit Stock performance.
| Current Valuation | 4.16 B | |||
| Price To Book | 3.72 X | |||
| Price To Sales | 3.61 X | |||
| Revenue | 1.15 B | |||
| EBITDA | 181.17 M | |||
| Total Debt | 186.76 M | |||
| Cash Flow From Operations | 114.29 M | |||
| Total Asset | 1.66 B | |||
About Merit Medical Performance
Assessing Merit Medical's fundamental ratios provides investors with valuable insights into Merit Medical's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Merit Medical is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Merit Medical Systems performance evaluation
Checking the ongoing alerts about Merit Medical for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Merit Medical Systems help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Merit Medical's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Merit Medical's stock performance include:- Analyzing Merit Medical's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Merit Medical's stock is overvalued or undervalued compared to its peers.
- Examining Merit Medical's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Merit Medical's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Merit Medical's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Merit Medical's stock. These opinions can provide insight into Merit Medical's potential for growth and whether the stock is currently undervalued or overvalued.
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.