Medtronic Plc (Brazil) Price on December 23, 2024

MDTC34 Stock  BRL 245.59  0.40  0.16%   
If you're considering investing in Medtronic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Medtronic Plc stands at 245.59, as last reported on the 23rd of December, with the highest price reaching 245.59 and the lowest price hitting 242.50 during the day. Medtronic plc has Sharpe Ratio of -0.0067, which conveys that the firm had a -0.0067% return per unit of risk over the last 3 months. Medtronic Plc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Medtronic Plc's Mean Deviation of 0.7364, standard deviation of 1.38, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide.
  
Medtronic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0067

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Estimated Market Risk

 1.27
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Medtronic Plc is not performing at its full potential. However, 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 Medtronic Plc to a well-diversified portfolio.

Medtronic Plc Valuation on December 23, 2024

It is possible to determine the worth of Medtronic Plc on a given historical date. On December 23, 2024 Medtronic was worth 242.5 at the beginning of the trading date compared to the closed value of 245.59. 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
  242.50    245.59    242.50    245.59    16.00  
12/23/2024
  242.50    245.59    242.50    245.59    0.00  
Backtest Medtronic Plc  |  Medtronic Plc History  |  Medtronic Plc Valuation   Previous
Open Value
242.5
238.70
Downside
245.59
Closing Value
246.30
Upside

Medtronic Plc Trading Date Momentum on December 23, 2024

On December 23 2024 Medtronic plc was traded for  245.59  at the closing time. The highest price during the trading period was 245.59  and the lowest recorded bid was listed for  242.50 . There was no trading activity during the period 0.0. Lack of trading volume on December 23, 2024 did not cause price change. The trading delta at closing time to the current price is 1.26% .

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
Medtronic plc develops, manufactures, distributes, and sells device-based medical therapies to hospitals, physicians, clinicians, and patients worldwide. The company was founded in 1949 and is headquartered in Dublin, Ireland. MEDTRONIC DRN operates under Medical Devices classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 90000 people.

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
December 23, 2024
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High

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 0.00 

Medtronic plc cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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 December 23, 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.

Complementary 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.
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