Merit Medical Systems Stock Technical Analysis
| MMSI Stock | USD 102.90 0.83 0.81% |
As of the 18th of January 2025, Merit Medical secures the Mean Deviation of 0.9677, risk adjusted performance of 0.0781, and Downside Deviation of 1.19. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Merit Medical Systems, as well as the relationship between them.
Merit Medical Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Merit, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MeritMerit |
Merit Medical Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 113.7 | Strong Buy | 10 | Odds |
Most Merit analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Merit stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Merit Medical Systems, talking to its executives and customers, or listening to Merit conference calls.
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.
Merit Medical Systems Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Merit Medical Systems volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Merit Medical Systems Trend Analysis
Use this graph to draw trend lines for Merit Medical Systems. You can use it to identify possible trend reversals for Merit Medical as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Merit Medical price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Merit Medical Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Merit Medical Systems applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that Merit Medical Systems market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4.16, which is the sum of squared deviations for the predicted Merit Medical price change compared to its average price change.About Merit Medical Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Merit Medical Systems on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Merit Medical Systems based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Merit Medical Systems price pattern first instead of the macroeconomic environment surrounding Merit Medical Systems. By analyzing Merit Medical's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Merit Medical's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Merit Medical specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 | 2025 (projected) | Days Sales Outstanding | 56.59 | 54.94 | 63.18 | 64.66 | PTB Ratio | 3.51 | 3.64 | 4.19 | 3.6 |
Merit Medical January 18, 2025 Technical Indicators
Most technical analysis of Merit help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Merit from various momentum indicators to cycle indicators. When you analyze Merit charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0781 | |||
| Market Risk Adjusted Performance | 0.2618 | |||
| Mean Deviation | 0.9677 | |||
| Semi Deviation | 1.08 | |||
| Downside Deviation | 1.19 | |||
| Coefficient Of Variation | 1126.23 | |||
| Standard Deviation | 1.37 | |||
| Variance | 1.89 | |||
| Information Ratio | 0.0672 | |||
| Jensen Alpha | 0.1033 | |||
| Total Risk Alpha | 0.0797 | |||
| Sortino Ratio | 0.0773 | |||
| Treynor Ratio | 0.2518 | |||
| Maximum Drawdown | 7.2 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 2.38 | |||
| Downside Variance | 1.43 | |||
| Semi Variance | 1.17 | |||
| Expected Short fall | (1.06) | |||
| Skewness | 0.7339 | |||
| Kurtosis | 1.96 |
Complementary 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.
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