Merck KGaA (Germany) Price on June 17, 2024
| MRK Stock | 142.40 0.55 0.39% |
If you're considering investing in Merck Stock, it is important to understand the factors that can impact its price. As of today, the current price of Merck KGaA stands at 142.40, as last reported on the 4th of December, with the highest price reaching 142.60 and the lowest price hitting 141.25 during the day. Merck KGaA has Sharpe Ratio of -0.16, which conveys that the firm had a -0.16% return per unit of risk over the last 3 months. Merck KGaA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Merck KGaA's Standard Deviation of 1.64, risk adjusted performance of (0.13), and Mean Deviation of 1.08 to check out the risk estimate we provide.
Merck Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Merck |
Sharpe Ratio = -0.1574
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MRK |
Estimated Market Risk
| 1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Merck KGaA is not performing at its full potential. However, 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 Merck KGaA by adding Merck KGaA to a well-diversified portfolio.
Merck KGaA Valuation on June 17, 2024
It is possible to determine the worth of Merck KGaA on a given historical date. On June 17, 2024 Merck was worth 172.25 at the beginning of the trading date compared to the closed value of 171.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Merck KGaA stock. Still, in general, we apply an absolute valuation method to find Merck KGaA's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Merck KGaA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Merck KGaA's related companies.
| Open | High | Low | Close | Volume | |
| 172.80 | 173.40 | 170.75 | 172.00 | 294,562 | |
06/17/2024 | 172.25 | 172.35 | 170.60 | 171.25 | 225,387 |
| 172.35 | 172.35 | 168.20 | 169.15 | 306,543 |
| Backtest Merck KGaA | | | Merck KGaA History | | | Merck KGaA Valuation | Previous | Next |
Merck KGaA Trading Date Momentum on June 17, 2024
| On June 18 2024 Merck KGaA was traded for 169.15 at the closing time. The highest price during the trading period was 172.35 and the lowest recorded bid was listed for 168.20 . The volume for the day was 306.5 K. This history from June 18, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.23% . The trading delta at closing time to the current price is 9.37% . |
Merck KGaA Fundamentals Correlations and Trends
By evaluating Merck KGaA's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Merck KGaA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Merck financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Merck KGaA Stock history
Merck KGaA investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Merck is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Merck KGaA will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Merck KGaA stock prices may prove useful in developing a viable investing in Merck KGaA
Merck KGaA Stock Technical Analysis
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.
Price Boundaries
Merck KGaA Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Merck KGaA cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Merck KGaA December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Merck KGaA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Merck KGaA shares will generate the highest return on investment. By undertsting and applying Merck KGaA stock market strength indicators, traders can identify Merck KGaA entry and exit signals to maximize returns
Merck KGaA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Merck KGaA's price direction in advance. Along with the technical and fundamental analysis of Merck Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Merck to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (2.17) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.