Merchants Trust PLC

10-Year Study

MRCH.LSE · Financial Services · GB · Common Stock

Executive Summary: Merchants Trust PLC has compounded at 10.1% annually over the last 10 years, with a maximum drawdown of 36.8% and an annualized volatility of 24.7%.

1Y CAGR
+14.8%
3Y CAGR
+9.9%
5Y CAGR
+8.8%
10Y CAGR
+10.1%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
36.8%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.41
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.54
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
17.8%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · +32.1%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2020 · -14.3%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
80%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20265.45.7-10.55.6————————5.2%
20250.9-2.8-1.95.83.80.7-2.40.41.43.32.61.714.1%
2024-2.7-3.02.36.54.1-4.18.9-1.0-0.8-3.70.4-2.04.0%
20235.32.5-4.52.4-6.0-2.66.5-3.60.4-8.99.15.74.7%
20222.5-0.61.80.51.4-6.25.2-3.9-7.06.46.8-0.45.5%
2021-1.94.210.23.43.2-0.8-0.05.10.92.4-2.04.132.1%
2020-3.5-11.1-21.96.80.1-0.4-11.54.8-3.71.124.36.9-14.3%
20194.01.62.42.2-4.63.9-0.3-3.86.21.24.78.628.4%
2018-0.8-3.31.37.63.90.4-1.1-4.22.4-5.1-2.6-1.0-3.1%
20171.24.0-0.51.04.5-2.30.23.6-0.41.0-2.04.815.7%
2016———2.8-1.2-0.56.8-0.21.1-0.44.13.716.9%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 24.7%. The dominant macroeconomic risk driver is SHV.US, accounting for 54.2% of variance. Idiosyncratic stock-specific factors contribute 9.1%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110276.869944237384
2016-05-0110151.543759175938
2016-06-0110101.4115917831
2016-07-0110783.792433691931
2016-08-0110758.358042398555
2016-09-0110872.8085697981
2016-10-0110824.492539866122
2016-11-0111269.331915419643
2016-12-0111685.163892647226
2017-01-0111825.006477133604
2017-02-0112295.394546338177
2017-03-0112230.064398794997
2017-04-0112356.076398002502
2017-05-0112908.690196583122
2017-06-0112607.56698541502
2017-07-0112630.791531126648
2017-08-0113090.033003747423
2017-09-0113033.046928314643
2017-10-0113158.809155703517
2017-11-0112900.794867062124
2017-12-0113525.465718606221
2018-01-0113420.955262903892
2018-02-0112980.925053214098
2018-03-0113145.939556913261
2018-04-0114147.490682241138
2018-05-0114704.477604358053
2018-06-0114760.176719911808
2018-07-0114603.671391728574
2018-08-0113983.437165030593
2018-09-0114321.74674322949
2018-10-0113593.175048557336
2018-11-0113236.213018953873
2018-12-0113107.707534980755
2019-01-0113636.207769512259
2019-02-0113853.348381732621
2019-03-0114186.289982541373
2019-04-0114492.251993517788
2019-05-0113832.181278459173
2019-06-0114374.905806390434
2019-07-0114326.204535178878
2019-08-0113783.488474088925
2019-09-0114638.453175827506
2019-10-0114810.77033015601
2019-11-0115504.556007308578
2019-12-0116831.792650443072
2020-01-0116247.301194332636
2020-02-0114445.438827918224
2020-03-0111284.5468292526
2020-04-0112051.058439832088
2020-05-0112066.607793896763
2020-06-0112019.959731702735
2020-07-0110641.634168107441
2020-08-0111148.378853894494
2020-09-0110736.649061281305
2020-10-0110850.595811622941
2020-11-0113488.622258648455
2020-12-0114424.43682805031
2021-01-0114150.145036991627
2021-02-0114744.800936093976
2021-03-0116252.046858886544
2021-04-0116801.993602454706
2021-05-0117333.279427776997
2021-06-0117200.46008815675
2021-07-0117192.412355492186
2021-08-0118067.1725322121
2021-09-0118235.395968767516
2021-10-0118674.177319364175
2021-11-0118299.329087494643
2021-12-0119049.021317813047
2022-01-0119526.098191652032
2022-02-0119413.827875889652
2022-03-0119758.652688476122
2022-04-0119854.81060522675
2022-05-0120133.96659661767
2022-06-0118877.77521891018
2022-07-0119862.51119739763
2022-08-0119084.97575943333
2022-09-0117741.956924098155
2022-10-0118872.70781438652
2022-11-0120161.92410662124
2022-12-0120090.303095985193
2023-01-0121164.652122891122
2023-02-0121703.680874590842
2023-03-0120725.383928919175
2023-04-0121233.089601194843
2023-05-0119949.567259740677
2023-06-0119436.159169843144
2023-07-0120703.65378069865
2023-08-0119960.25664689377
2023-09-0120034.595513590124
2023-10-0118243.232030399347
2023-11-0119901.708439239406
2023-12-0121032.488963472355
2024-01-0120467.098701355884
2024-02-0119859.844142385176
2024-03-0120318.150029041266
2024-04-0121633.245221738107
2024-05-0122523.343081489962
2024-06-0121594.54329011293
2024-07-0123509.78512850125
2024-08-0123274.690579284346
2024-09-0123078.77210480595
2024-10-0122223.14275602458
2024-11-0122302.510926458708
2024-12-0121865.981755650344
2025-01-0122064.40218173567
2025-02-0121437.23784542596
2025-03-0121035.037482706477
2025-04-0122265.04092024405
2025-05-0123121.385717116056
2025-06-0123284.499414941267
2025-07-0122721.200462628207
2025-08-0122803.824133545793
2025-09-0123134.314583795487
2025-10-0123898.057537266806
2025-11-0124525.85265325406
2025-12-0124944.38131943868
2026-01-0126283.67474459773
2026-02-0127771.239494766643
2026-03-0124850.179243030518
2026-04-0126247.20805907823
Annual Return Matrix
YearAnnual Return
20170.15749045908692727
2018-0.030886787362211066
20190.2841141447140003
2020-0.14302432737783244
20210.32060762890718886
20220.05466326908870767
20230.04689754370482557
20240.039628823465712504
20250.14078487754124525
20260.05222926650116122
Total Factor Risk
0.24748334723480092
VTI.US Exposure
-0.09078479205611485
VEA.US Exposure
0.18649768064781796
VWO.US Exposure
0.010929073321899086
QQQ.US Exposure
0.049370787841816595
VTV.US Exposure
0.09122599258652538
IJR.US Exposure
0.07374134639583807
QUAL.US Exposure
-0.03576276612063348
SHV.US Exposure
0.542049753556238
TLT.US Exposure
0.014945676617482355
LQD.US Exposure
-0.015768632900864988
HYG.US Exposure
0.0803537815378304
GLD.US Exposure
-0.0022640475802766643
USO.US Exposure
0.006259327801137237
VNQ.US Exposure
-0.006621476563532087
BTC-USD.CC Exposure
-0.0011181441001535833
CPER.US Exposure
0.0064076626728854485
VIX.INDX Exposure
0.011079088096197558
UUP.US Exposure
-0.009023732904850356
TIP.US Exposure
-0.002040380712577987
Idiosyncratic Exposure
0.0905238018633361
Value Score
47.8
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
0
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
24.7%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →5.4x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.00%
Market Cap$879.9M
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$6
Avg Yield on Cost
0.06%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$6.310.06%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+0.1%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+7.8%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
5.8% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.66
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Merchants Trust PLC a high-risk investment?

Merchants Trust PLC (MRCH.LSE) has an annualized volatility of 24.7% and experienced a maximum drawdown of 36.8% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of MRCH.LSE?

Over the past 10 years, MRCH.LSE has generated a Compound Annual Growth Rate (CAGR) of 10.1%. It has had a positive return in 80% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

Run a Full Backtest on Merchants Trust PLC

stresstest.pro lets you simulate DCA vs Lump Sum, Monte Carlo projections, portfolio optimisation, and more — all in seconds.

Start a Free Backtest