Merck KGaA (Germany) Technical Analysis
| MRK Stock | 141.60 0.65 0.46% |
As of the 2nd of December, Merck KGaA secures the Standard Deviation of 1.63, risk adjusted performance of (0.14), and Mean Deviation of 1.07. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Merck KGaA, as well as the relationship between them.
Merck KGaA Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Merck, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MerckMerck |
Merck KGaA 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.
Merck KGaA Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Merck KGaA volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Merck KGaA Trend Analysis
Use this graph to draw trend lines for Merck KGaA. You can use it to identify possible trend reversals for Merck KGaA 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 Merck KGaA price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Merck KGaA Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Merck KGaA applied against its price change over selected period. The best fit line has a slop of 0.43 , which may suggest that Merck KGaA market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7088.44, which is the sum of squared deviations for the predicted Merck KGaA price change compared to its average price change.About Merck KGaA 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 Merck KGaA 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 Merck KGaA based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Merck KGaA price pattern first instead of the macroeconomic environment surrounding Merck KGaA. By analyzing Merck KGaA'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 Merck KGaA'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 Merck KGaA specific price patterns or momentum indicators. Please read more on our technical analysis page.
Merck KGaA December 2, 2024 Technical Indicators
Most technical analysis of Merck 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 Merck from various momentum indicators to cycle indicators. When you analyze Merck 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.
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| Volume Indicators |
| Risk Adjusted Performance | (0.14) | |||
| Market Risk Adjusted Performance | (2.27) | |||
| Mean Deviation | 1.07 | |||
| Coefficient Of Variation | (519.38) | |||
| Standard Deviation | 1.63 | |||
| Variance | 2.67 | |||
| Information Ratio | (0.28) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | (2.28) | |||
| Maximum Drawdown | 10.92 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 1.35 | |||
| Skewness | 1.3 | |||
| Kurtosis | 8.71 |
Additional Tools for Merck Stock Analysis
When running Merck KGaA's price analysis, check to measure Merck KGaA'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 Merck KGaA is operating at the current time. Most of Merck KGaA's value examination focuses on studying past and present price action to predict the probability of Merck KGaA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merck KGaA's price. Additionally, you may evaluate how the addition of Merck KGaA to your portfolios can decrease your overall portfolio volatility.