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Medtronic Plc Performance

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MDT -- USA Stock  

Earnings Report: May 28, 2020  

Medtronic Plc has performance score of 2 on a scale of 0 to 100. The company secures Beta (Market Risk) of 0.3361 which conveys that as returns on market increase, Medtronic Plc returns are expected to increase less than the market. However during bear market, the loss on holding Medtronic Plc will be expected to be smaller as well. Although it is extremely important to respect Medtronic plc price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Medtronic plc technical indicators you can presently evaluate if the expected return of 0.0394% will be sustainable into the future. Medtronic plc right now secures a risk of 1.23%. Please verify Medtronic plc Variance as well as the relationship between Value At Risk and Skewness to decide if Medtronic plc will be following its current price movements.
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Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Medtronic plc are ranked lower than 2 (%) of all global equities and portfolios over the last 30 days. In spite of comparatively unchanging essential indicators, Medtronic Plc is not utilizing all of its potentials. The continuing stock price uproar, may contribute to short horizon losses for the leadership.
Quick Ratio2.02
Fifty Two Week Low82.77
Target High Price136.00
Payout Ratio60.29%
Fifty Two Week High122.15
Target Low Price108.00
Trailing Annual Dividend Yield1.78%

Medtronic plc Relative Risk vs. Return Landscape

If you would invest  11,049  in Medtronic plc on January 20, 2020 and sell it today you would earn a total of  217.00  from holding Medtronic plc or generate 1.96% return on investment over 30 days. Medtronic plc is generating 0.0394% of daily returns assuming volatility of 1.2268% on return distribution over 30 days investment horizon. In other words, 11% of equities are less volatile than the company and above 99% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
    
  Risk (%) 
Considering 30-days investment horizon, Medtronic Plc is expected to generate 2.22 times less return on investment than the market. In addition to that, the company is 1.53 times more volatile than its market benchmark. It trades about 0.03 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.11 per unit of volatility.

Medtronic Plc Market Risk Analysis

Sharpe Ratio = 0.0321
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Medtronic Plc Relative Performance Indicators

Estimated Market Risk
 1.23
  actual daily
 
 11 %
of total potential
 
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Expected Return
 0.04
  actual daily
 
 0 %
of total potential
 
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Risk-Adjusted Return
 0.03
  actual daily
 
 2 %
of total potential
 
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Based on monthly moving average Medtronic Plc is performing at about 2% 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 Alerts

Equity Alerts and Improvement Suggestions

Over 86.0% of the company shares are owned by institutional investors
On December 26, 2019 Medtronic Plc paid $ 0.54 per share dividend to its current shareholders
Latest headline from www.nasdaq.com: Medtronic Q3 20 Earnings Conference Call At 800 AM ET - Nasdaq

Medtronic Plc Dividends

Medtronic plc Dividends Analysis

Check Medtronic plc dividend payout schedule and payment analysis over time. Analyze past dividends calendar and estimate annual dividend income
Check Dividends  
Additionally see Stocks Correlation. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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