Medtronic PLC (Germany) Performance
| 2M6 Stock | 81.82 0.75 0.93% |
Medtronic PLC has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0917, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Medtronic PLC are expected to decrease at a much lower rate. During the bear market, Medtronic PLC is likely to outperform the market. Medtronic PLC right now secures a risk of 1.14%. Please verify Medtronic PLC semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to decide if Medtronic PLC will be following its current price movements.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Medtronic PLC are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, Medtronic PLC is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 3.6 B | |
| Free Cash Flow | 6 B |
Medtronic |
Medtronic PLC Relative Risk vs. Return Landscape
If you would invest 7,845 in Medtronic PLC on September 1, 2024 and sell it today you would earn a total of 337.00 from holding Medtronic PLC or generate 4.3% return on investment over 90 days. Medtronic PLC is generating 0.0722% of daily returns and assumes 1.14% volatility on return distribution over the 90 days horizon. Simply put, 10% of stocks are less volatile than Medtronic, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Medtronic PLC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Medtronic PLC's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Medtronic PLC, and traders can use it to determine the average amount a Medtronic PLC's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0633
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Estimated Market Risk
| 1.14 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.07 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.
Medtronic PLC Fundamentals Growth
Medtronic Stock prices reflect investors' perceptions of the future prospects and financial health of Medtronic PLC, and Medtronic PLC fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Medtronic Stock performance.
| Current Valuation | 113.84 B | |||
| Price To Book | 2.00 X | |||
| Price To Sales | 3.40 X | |||
| Revenue | 31.69 B | |||
| EBITDA | 8.78 B | |||
| Total Debt | 20.32 B | |||
| Cash Flow From Operations | 7.35 B | |||
| Total Asset | 90.98 B | |||
About Medtronic PLC Performance
Assessing Medtronic PLC's fundamental ratios provides investors with valuable insights into Medtronic PLC's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Medtronic PLC is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Medtronic PLC performance evaluation
Checking the ongoing alerts about Medtronic PLC for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Medtronic PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Medtronic PLC's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Medtronic PLC's stock performance include:- Analyzing Medtronic PLC's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Medtronic PLC's stock is overvalued or undervalued compared to its peers.
- Examining Medtronic PLC's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Medtronic PLC's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Medtronic PLC's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Medtronic PLC's stock. These opinions can provide insight into Medtronic PLC's potential for growth and whether the stock is currently undervalued or overvalued.
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.