Medtronic Plc Stock Statistic Functions Variance

MDT Stock  USD 80.13  2.04  2.48%   
Medtronic PLC statistic functions tool provides the execution environment for running the Variance function and other technical functions against Medtronic PLC. Medtronic PLC value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Variance function function is designed to identify and follow existing trends. Medtronic PLC statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period and Deviations to execute this module.

Function
Time Period
Deviations
Execute Function
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. Medtronic PLC Variance is a measurement of the price spread between periods of Medtronic PLC price series.

Medtronic PLC Technical Analysis Modules

Most technical analysis of Medtronic PLC help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Medtronic from various momentum indicators to cycle indicators. When you analyze Medtronic charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Medtronic PLC Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Medtronic PLC. We use our internally-developed statistical techniques to arrive at the intrinsic value of Medtronic PLC based on widely used predictive technical indicators. In general, we focus on analyzing Medtronic Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Medtronic PLC's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Medtronic PLC's intrinsic value. In addition to deriving basic predictive indicators for Medtronic PLC, we also check how macroeconomic factors affect Medtronic PLC price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2015 2020 2023 2024 (projected)
Dividend Yield0.02170.02990.01770.0105
Price To Sales Ratio4.63.875.855.34
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Medtronic PLC's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
79.0880.1781.26
Details
Intrinsic
Valuation
LowRealHigh
72.1286.1987.29
Details
33 Analysts
Consensus
LowTargetHigh
82.3090.44100.39
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.201.241.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Medtronic PLC. Your research has to be compared to or analyzed against Medtronic PLC's peers to derive any actionable benefits. When done correctly, Medtronic PLC's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Medtronic PLC.

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When determining whether Medtronic PLC is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Medtronic Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Medtronic Plc Stock. Highlighted below are key reports to facilitate an investment decision about Medtronic Plc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medtronic PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Medtronic Stock please use our How to Invest in Medtronic PLC guide.
Note that the Medtronic PLC information on this page should be used as a complementary analysis to other Medtronic PLC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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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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Is Medtronic PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Medtronic PLC. If investors know Medtronic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Medtronic PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.078
Dividend Share
2.75
Earnings Share
3.15
Revenue Per Share
24.298
Quarterly Revenue Growth
0.047
The market value of Medtronic PLC is measured differently than its book value, which is the value of Medtronic that is recorded on the company's balance sheet. Investors also form their own opinion of Medtronic PLC's value that differs from its market value or its book value, called intrinsic value, which is Medtronic PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Medtronic PLC's market value can be influenced by many factors that don't directly affect Medtronic PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Medtronic PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Medtronic PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Medtronic PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.