Merck Stock Price on August 11, 2022 Breakdown

MRK
 Stock
  

USD 86.78  0.73  0.83%   

As of today, the current price of Merck is  86.78 , as last reported on the 24th of September, with the highest price reaching  88.01  and the lowest price hitting  86.09  during the day.
Merck Company has Sharpe Ratio of -0.1, which conveys that the firm had -0.1% of return per unit of risk over the last 3 months. Macroaxis standpoint towards estimating the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Merck exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Merck Company risk adjusted performance of (0.028638), and Mean Deviation of 0.9657 to check out the risk estimate we provide.
  

Merck Valuation on August 11, 2022

It is possible to determine the worth of Merck on a given historical date. On August 11, 2022 Merck was worth 87.81 at the beginning of the trading date compared to the closed value of 88.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Merck stock. Still, in general, we apply an absolute valuation method to find Merck'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 Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Merck's related companies.
 Open High Low Close Volume
  90.03    90.13    88.19    89.19    8,140,200  
08/11/2022
  87.81    89.82    87.36    88.93    7,396,800  
  88.99    91.03    88.95    91.02    12,317,300  
Backtest Merck  |  Merck History  |  Merck Valuation   PreviousNext  
Open Value 87.81
88.93
Closing Value
91.41
Upside

Merck Trading Date Momentum on August 11, 2022

On August 12 2022 Merck Company was traded for  91.02  at the closing time. Highest Merck's price during the trading hours was 91.03  and the lowest price during the day was  88.95 . The net volume was 12.3 M. The overall trading history on the 12th of August 2022 contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 2.35% . The trading delta at closing time to current price is 3.24% .

Merck Company Fundamentals Correlations and Trends

By evaluating Merck'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'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 Stock history

Merck 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 Company 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 historical stock prices may prove useful in developing a viable investing in Merck
Merck Co., Inc. operates as a healthcare company worldwide. Merck Co., Inc. was founded in 1891 and is headquartered in Kenilworth, New Jersey. Merck operates under Drug ManufacturersGeneral classification in the United States and is traded on New York Stock Exchange. It employs 67000 people.

Merck Stock Technical Analysis

Merck 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.
A focus of Merck technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Merck trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Merck Period Price Range

Low
August 11, 2022
High

 87.81 

  

 88.93 

1.121.28%

Merck September 24, 2022 Market Strength

Market strength indicators help investors to evaluate how Merck 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 shares will generate the highest return on investment. By undertsting and applying Merck stock market strength indicators, traders can identify Merck Company entry and exit signals to maximize returns

Merck Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Merck stock's 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 stock 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.
Additionally, see Correlation Analysis. You can also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for analysis

When running Merck Company price analysis, check to measure Merck'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 is operating at the current time. Most of Merck's value examination focuses on studying past and present price action to predict the probability of Merck's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Merck's price. Additionally, you may evaluate how the addition of Merck to your portfolios can decrease your overall portfolio volatility.
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Is Merck's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Merck. If investors know Merck will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Merck listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Merck Company is measured differently than its book value, which is the value of Merck that is recorded on the company's balance sheet. Investors also form their own opinion of Merck's value that differs from its market value or its book value, called intrinsic value, which is Merck's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Merck's market value can be influenced by many factors that don't directly affect Merck's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Merck's value and its price as these two are different measures arrived at by different means. Investors typically determine Merck value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merck's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.