MERCK INC NEW Market Value
| 58933YAJ4 | 86.54 0.03 0.03% |
| Symbol | MERCK |
MERCK 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to MERCK's bond what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of MERCK.
| 08/16/2025 |
| 11/14/2025 |
If you would invest 0.00 in MERCK on August 16, 2025 and sell it all today you would earn a total of 0.00 from holding MERCK INC NEW or generate 0.0% return on investment in MERCK over 90 days. MERCK is related to or competes with American Hotel, RLJ Lodging, Shelf Drilling, SD Standard, and Wyndham Hotels. More
MERCK Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure MERCK's bond current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess MERCK INC NEW upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.72 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 16.73 | |||
| Value At Risk | (6.17) | |||
| Potential Upside | 4.12 |
MERCK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MERCK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MERCK's standard deviation. In reality, there are many statistical measures that can use MERCK historical prices to predict the future MERCK's volatility.| Risk Adjusted Performance | 0.0257 | |||
| Jensen Alpha | 0.0684 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 11.47 |
MERCK INC NEW Backtested Returns
MERCK INC NEW has Sharpe Ratio of -0.0368, which conveys that the entity had a -0.0368 % return per unit of volatility over the last 3 months. MERCK exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MERCK's mean deviation of 1.53, and Risk Adjusted Performance of 0.0257 to check out the risk estimate we provide. The bond secures a Beta (Market Risk) of 0.006, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MERCK's returns are expected to increase less than the market. However, during the bear market, the loss of holding MERCK is expected to be smaller as well.
Auto-correlation | 0.52 |
Modest predictability
MERCK INC NEW has modest predictability. Overlapping area represents the amount of predictability between MERCK time series from 16th of August 2025 to 30th of September 2025 and 30th of September 2025 to 14th of November 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MERCK INC NEW price movement. The serial correlation of 0.52 indicates that about 52.0% of current MERCK price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.81 |
MERCK INC NEW lagged returns against current returns
Autocorrelation, which is MERCK bond's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting MERCK's bond expected returns. We can calculate the autocorrelation of MERCK returns to help us make a trade decision. For example, suppose you find that MERCK has exhibited high autocorrelation historically, and you observe that the bond is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
MERCK regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If MERCK bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MERCK bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MERCK bond over time.
Current vs Lagged Prices |
| Timeline |
MERCK Lagged Returns
When evaluating MERCK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MERCK bond have on its future price. MERCK autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, MERCK autocorrelation shows the relationship between MERCK bond current value and its past values and can show if there is a momentum factor associated with investing in MERCK INC NEW.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in MERCK Bond
MERCK financial ratios help investors to determine whether MERCK Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MERCK with respect to the benefits of owning MERCK security.