Mckesson Stock Price on January 3, 2022
| MCK Stock | USD 524.83 6.02 1.16% |
Below is the normalized historical share price chart for McKesson 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 McKesson stands at 524.83, as last reported on the 19th of April, with the highest price reaching 525.83 and the lowest price hitting 517.01 during the day.
If you're considering investing in McKesson Stock, it is important to understand the factors that can impact its price. We consider McKesson very steady. McKesson has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for McKesson, which you can use to evaluate the volatility of the firm. Please verify McKesson's mean deviation of 0.8297, and Risk Adjusted Performance of 0.0605 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
At this time, McKesson's Common Stock Shares Outstanding is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 75.3 B this year, although the value of Common Stock Total Equity will most likely fall to about 2.5 M. . At this time, McKesson's Price To Sales Ratio is quite stable compared to the past year. Price To Free Cash Flows Ratio is expected to rise to 10.32 this year, although the value of Price Earnings To Growth Ratio will most likely fall to 0.05. McKesson Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of November 1994 | 200 Day MA 464.8361 | 50 Day MA 523.1214 | Beta 0.45 |
McKesson |
Sharpe Ratio = 0.1163
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Estimated Market Risk
| 1.08 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average McKesson is performing at about 9% 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 McKesson by adding it to a well-diversified portfolio.
Price Book 5.0435 | Enterprise Value Ebitda 16.7539 | Price Sales 0.2279 | Shares Float 131.2 M | Dividend Share 2.32 |
McKesson Valuation on January 3, 2022
It is possible to determine the worth of McKesson on a given historical date. On January 3, 2022 McKesson was worth 305.44 at the beginning of the trading date compared to the closed value of 302.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of McKesson stock. Still, in general, we apply an absolute valuation method to find McKesson'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 McKesson where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against McKesson's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 305.44 | 307.00 | 302.22 | 302.33 | 1,523,597 |
| 304.87 | 311.74 | 303.56 | 303.56 | 1,254,325 |
| Backtest McKesson | | | McKesson History | | | McKesson Valuation | Next |
McKesson Trading Date Momentum on January 3, 2022
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.McKesson Fundamentals Correlations and Trends
By evaluating McKesson'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 McKesson's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. McKesson financial account trend analysis is a perfect complement when working with valuation or volatility modules.About McKesson Stock history
McKesson 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 McKesson is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in McKesson 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 McKesson stock prices may prove useful in developing a viable investing in McKesson
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 128 M | 186.9 M | |
| Net Income Applicable To Common Shares | 4.1 B | 4.3 B |
McKesson Stock Technical Analysis
McKesson 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
McKesson Period Price Range
Low | April 4, 2022
| High |
305.44 | 302.33 |
McKesson April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how McKesson stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading McKesson shares will generate the highest return on investment. By undertsting and applying McKesson stock market strength indicators, traders can identify McKesson entry and exit signals to maximize returns
| Accumulation Distribution | 23722.45 | |||
| Daily Balance Of Power | (0.65) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 304.61 | |||
| Day Typical Price | 303.85 | |||
| Price Action Indicator | (3.84) | |||
| Period Momentum Indicator | 222.5 |
McKesson Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for McKesson's price direction in advance. Along with the technical and fundamental analysis of McKesson Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of McKesson 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 | 0.0605 | |||
| Jensen Alpha | 0.0958 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0265 | |||
| Treynor Ratio | (0.76) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McKesson. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.Note that the McKesson information on this page should be used as a complementary analysis to other McKesson'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for McKesson Stock analysis
When running McKesson's price analysis, check to measure McKesson'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 McKesson is operating at the current time. Most of McKesson's value examination focuses on studying past and present price action to predict the probability of McKesson's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McKesson's price. Additionally, you may evaluate how the addition of McKesson to your portfolios can decrease your overall portfolio volatility.
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Is McKesson'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 McKesson. If investors know McKesson 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 McKesson 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 (0.42) | Dividend Share 2.32 | Earnings Share 22.14 | Revenue Per Share 2.2 K | Quarterly Revenue Growth 0.148 |
The market value of McKesson is measured differently than its book value, which is the value of McKesson that is recorded on the company's balance sheet. Investors also form their own opinion of McKesson's value that differs from its market value or its book value, called intrinsic value, which is McKesson'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 McKesson's market value can be influenced by many factors that don't directly affect McKesson'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 McKesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if McKesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McKesson'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.