Fedex Stock Price on July 29, 2024
| FDX Stock | USD 299.97 4.81 1.63% |
Below is the normalized historical share price chart for FedEx extending back to November 05, 1984. 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 FedEx stands at 299.97, as last reported on the 22nd of November, with the highest price reaching 302.38 and the lowest price hitting 296.05 during the day.
If you're considering investing in FedEx Stock, it is important to understand the factors that can impact its price. At this stage we consider FedEx Stock to be very steady. FedEx secures Sharpe Ratio (or Efficiency) of 0.0217, which denotes the company had a 0.0217% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for FedEx, which you can use to evaluate the volatility of the firm. Please confirm FedEx's Mean Deviation of 1.14, coefficient of variation of 4233.61, and Downside Deviation of 3.38 to check if the risk estimate we provide is consistent with the expected return of 0.0494%.
At this time, FedEx's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 297.3 M in 2024, despite the fact that Other Stockholder Equity is likely to grow to (9.3 B). . Price Earnings To Growth Ratio is likely to rise to 2.29 in 2024, whereas Price To Sales Ratio is likely to drop 0.57 in 2024. FedEx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of April 1978 | 200 Day MA 271.6778 | 50 Day MA 275.8754 | Beta 1.177 |
FedEx |
Sharpe Ratio = 0.0217
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Estimated Market Risk
| 2.27 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average FedEx is performing at about 1% 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 FedEx by adding it to a well-diversified portfolio.
Price Book 2.6536 | Enterprise Value Ebitda 9.9053 | Price Sales 0.8233 | Shares Float 223.9 M | Dividend Share 5.28 |
FedEx Valuation on July 29, 2024
It is possible to determine the worth of FedEx on a given historical date. On July 29, 2024 FedEx was worth 298.86 at the beginning of the trading date compared to the closed value of 297.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of FedEx stock. Still, in general, we apply an absolute valuation method to find FedEx'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 FedEx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against FedEx's related companies.
| Open | High | Low | Close | Volume | |
| 298.39 | 300.71 | 296.02 | 298.68 | 1,200,882 | |
07/29/2024 | 298.86 | 300.50 | 296.61 | 297.77 | 865,086 |
| 298.50 | 301.52 | 297.85 | 299.41 | 1,038,532 |
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FedEx Trading Date Momentum on July 29, 2024
| On July 30 2024 FedEx was traded for 299.41 at the closing time. Highest FedEx's price during the trading hours was 301.52 and the lowest price during the day was 297.85 . The net volume was 1 M. The overall trading history on the 30th of July contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.55% . The overall trading delta to current price is 6.72% . |
FedEx Fundamentals Correlations and Trends
By evaluating FedEx'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 FedEx's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. FedEx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About FedEx Stock history
FedEx 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 FedEx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in FedEx 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 FedEx stock prices may prove useful in developing a viable investing in FedEx
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 251 M | 297.3 M | |
| Net Income Applicable To Common Shares | 1.1 B | 1.9 B |
FedEx Quarterly Net Working Capital |
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FedEx Stock Technical Analysis
FedEx 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
FedEx Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
FedEx 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.
FedEx November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how FedEx stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading FedEx shares will generate the highest return on investment. By undertsting and applying FedEx stock market strength indicators, traders can identify FedEx entry and exit signals to maximize returns
FedEx Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for FedEx's price direction in advance. Along with the technical and fundamental analysis of FedEx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of FedEx 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 | 0.0246 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0528 |
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Additional Tools for FedEx Stock Analysis
When running FedEx's price analysis, check to measure FedEx'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 FedEx is operating at the current time. Most of FedEx's value examination focuses on studying past and present price action to predict the probability of FedEx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FedEx's price. Additionally, you may evaluate how the addition of FedEx to your portfolios can decrease your overall portfolio volatility.