Merit Medical Systems Stock Alpha and Beta Analysis
| MMSI Stock | USD 104.75 0.28 0.27% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Merit Medical Systems. It also helps investors analyze the systematic and unsystematic risks associated with investing in Merit Medical over a specified time horizon. Remember, high Merit Medical's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Merit Medical's market risk premium analysis include:
Beta 0.54 | Alpha 0.15 | Risk 1.21 | Sharpe Ratio 0.16 | Expected Return 0.2 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Merit Medical Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Merit Medical market risk premium is the additional return an investor will receive from holding Merit Medical long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Merit Medical. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Merit Medical's performance over market.| α | 0.15 | β | 0.54 |
Merit Medical expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Merit Medical's Buy-and-hold return. Our buy-and-hold chart shows how Merit Medical performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Merit Medical Market Price Analysis
Market price analysis indicators help investors to evaluate how Merit Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Merit Medical shares will generate the highest return on investment. By understating and applying Merit Medical stock market price indicators, traders can identify Merit Medical position entry and exit signals to maximize returns.
Merit Medical Return and Market Media
The median price of Merit Medical for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 96.68 with a coefficient of variation of 3.27. The daily time series for the period is distributed with a sample standard deviation of 3.19, arithmetic mean of 97.67, and mean deviation of 2.57. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 3107 shares by Brian Lloyd of Merit Medical at 70.58 subject to Rule 16b-3 | 09/06/2024 |
2 | Merit Medical to Present at the 2024 Cardiovascular and Interventional Radiological Society of Europe Annual Congress | 09/11/2024 |
3 | Merit Medical Systems Sets New 12-Month High Following Analyst Upgrade - MarketBeat | 09/23/2024 |
4 | Disposition of 20000 shares by Millner F. Ann of Merit Medical at 80.0 subject to Rule 16b-3 | 10/09/2024 |
5 | Merit Medical Systems Inc Q3 2024 Everything You Need To Know Ahead Of Earnings | 10/29/2024 |
6 | Merit Medical Systems, Inc. Q3 2024 Earnings Call Transcript | 11/01/2024 |
7 | Disposition of 30000 shares by Parra Raul Jr. of Merit Medical at 55.73 subject to Rule 16b-3 | 11/05/2024 |
8 | Merit Medical Systems Releases FY 2024 Earnings Guidance | 11/06/2024 |
9 | BDX or MMSI Which Is the Better Value Stock Right Now | 11/07/2024 |
10 | Strategic Sale Neil Peterson Decides To Exercise Options Worth 240K At Merit Medical Systems | 11/08/2024 |
11 | Merit Medical Systems Sets New 12-Month High Heres Why | 11/12/2024 |
12 | Disposition of 12500 shares by Millner F. Ann of Merit Medical at 50.5 subject to Rule 16b-3 | 11/15/2024 |
13 | North America Ostomy Drainage Bags Market Outlook 2023-2024 2028 with Competitive Analysis of Coloplast, ConvaTec, B. Braun, Hollister, and Salts Healthcare | 11/19/2024 |
About Merit Medical Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Merit or other stocks. Alpha measures the amount that position in Merit Medical Systems has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 58.7 | 56.59 | 54.94 | 64.66 | PTB Ratio | 3.36 | 3.51 | 3.64 | 3.6 |
Merit Medical Upcoming Company Events
As portrayed in its financial statements, the presentation of Merit Medical's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Merit Medical's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Merit Medical's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Merit Medical. Please utilize our Beneish M Score to check the likelihood of Merit Medical's management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Merit Medical Backtesting, Merit Medical Valuation, Merit Medical Correlation, Merit Medical Hype Analysis, Merit Medical Volatility, Merit Medical History and analyze Merit Medical Performance. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Merit Medical 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.