Medtronic Plc Stock Price on October 17, 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.
IPO Date
13th of January 1978
200 Day MA
84.4927
50 Day MA
89.4792
Beta
0.853
 
Inflation
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.

Sharpe Ratio = 0.0552

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashMDTAverage RiskHigh RiskHuge Risk
Negative Returns

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

Related Headline

Simon Property Headline on 17th of October 2024

CEO Marc Rosen and chief merchant Michelle Wlazlo said Penneys 1 billion refresh program, stable pricing and celebrity merchandise from Martha Stewart and Lionel Messi are helping to grow the business.

Medtronic PLC Valuation on October 17, 2024

It is possible to determine the worth of Medtronic PLC on a given historical date. On October 17, 2024 Medtronic was worth 90.15 at the beginning of the trading date compared to the closed value of 89.79. 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
  89.82    90.24    89.49    89.99    3,773,303  
10/17/2024
  90.15    90.15    89.63    89.79    5,392,717  
  89.97    92.25    89.84    92.24    7,355,228  
Backtest Medtronic PLC  |  Medtronic PLC History  |  Medtronic PLC Valuation   PreviousNext  
Open Value
90.15
89.79
Closing Value
93.21
Upside

Medtronic PLC Trading Date Momentum on October 17, 2024

On October 18 2024 Medtronic PLC was traded for  92.24  at the closing time. Highest Medtronic PLC's price during the trading hours was 92.25  and the lowest price during the day was  89.84 . The net volume was 7.4 M. The overall trading history on the 18th of October 2024 contributed to the next trading period price appreciation. The trading delta at closing time to the next next day price was 2.73% . The trading delta at closing time to current price is 0.99% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding1.3 B1.2 B
Net Income Applicable To Common Shares4.3 B3.2 B

Medtronic PLC Quarterly Net Working Capital

11.66 Billion

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.
A focus of Medtronic PLC technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Medtronic PLC 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

Medtronic PLC Period Price Range

Low
November 18, 2024
0.00  NaN%
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.

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.