Medtronic Plc Stock Price on August 27, 2024
| MDT Stock | USD 87.59 0.06 0.07% |
Below is the normalized historical share price chart for Medtronic PLC extending back to May 02, 1973. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Medtronic PLC stands at 87.59, as last reported on the 18th of November 2024, with the highest price reaching 88.72 and the lowest price hitting 87.00 during the day.
If you're considering investing in Medtronic Stock, it is important to understand the factors that can impact its price. Currently, Medtronic PLC is very steady. Medtronic PLC has Sharpe Ratio of 0.0552, which conveys that the firm had a 0.0552% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Medtronic PLC, which you can use to evaluate the volatility of the firm. Please verify Medtronic PLC's Risk Adjusted Performance of 0.0662, downside deviation of 1.07, and Mean Deviation of 0.7562 to check out if the risk estimate we provide is consistent with the expected return of 0.0563%.
At this time, Medtronic PLC's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 94.5 B in 2024, despite the fact that Sale Purchase Of Stock is likely to grow to (2 B). . At this time, Medtronic PLC's Price Fair Value is comparatively stable compared to the past year. Medtronic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of January 1978 | 200 Day MA 84.4927 | 50 Day MA 89.4792 | Beta 0.853 |
Medtronic |
Sharpe Ratio = 0.0552
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Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Medtronic PLC is performing at about 4% of its full potential. 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 Medtronic PLC by adding it to a well-diversified portfolio.
Price Book 2.3415 | Enterprise Value Ebitda 15.9691 | Price Sales 3.4462 | Shares Float 1.3 B | Dividend Share 2.77 |
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Medtronic PLC Valuation on August 27, 2024
It is possible to determine the worth of Medtronic PLC on a given historical date. On August 27, 2024 Medtronic was worth 88.86 at the beginning of the trading date compared to the closed value of 88.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Medtronic PLC stock. Still, in general, we apply an absolute valuation method to find Medtronic PLC'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 Medtronic PLC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Medtronic PLC's related companies.
| Open | High | Low | Close | Volume | |
| 87.91 | 89.42 | 87.43 | 88.64 | 5,948,200 | |
08/27/2024 | 88.86 | 89.02 | 87.39 | 88.11 | 4,174,700 |
| 88.27 | 88.44 | 87.26 | 87.64 | 5,230,600 |
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Medtronic PLC Trading Date Momentum on August 27, 2024
| On August 28 2024 Medtronic PLC was traded for 87.64 at the closing time. Highest Medtronic PLC's price during the trading hours was 88.44 and the lowest price during the day was 87.26 . The net volume was 5.2 M. The overall trading history on the 28th of August contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.53% . The trading delta at closing time to current price is 1.03% . |
Medtronic PLC Fundamentals Correlations and Trends
By evaluating Medtronic PLC'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 Medtronic PLC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Medtronic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Medtronic PLC Stock history
Medtronic PLC 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 Medtronic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Medtronic PLC 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 Medtronic PLC stock prices may prove useful in developing a viable investing in Medtronic PLC
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 B | 1.2 B | |
| Net Income Applicable To Common Shares | 4.3 B | 3.2 B |
Medtronic PLC Quarterly Net Working Capital |
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Medtronic PLC Stock Technical Analysis
Medtronic PLC 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
Medtronic PLC Period Price Range
Low | November 18, 2024
| High |
0.00 | 0.00 |
Medtronic PLC cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.
Medtronic PLC November 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Medtronic PLC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Medtronic PLC shares will generate the highest return on investment. By undertsting and applying Medtronic PLC stock market strength indicators, traders can identify Medtronic PLC entry and exit signals to maximize returns
Medtronic PLC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Medtronic PLC's price direction in advance. Along with the technical and fundamental analysis of Medtronic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Medtronic 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 | 0.0662 | |||
| Jensen Alpha | 0.0399 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.2051 |
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Additional Tools for Medtronic Stock Analysis
When running Medtronic PLC's price analysis, check to measure Medtronic PLC'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 Medtronic PLC is operating at the current time. Most of Medtronic PLC's value examination focuses on studying past and present price action to predict the probability of Medtronic PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medtronic PLC's price. Additionally, you may evaluate how the addition of Medtronic PLC to your portfolios can decrease your overall portfolio volatility.