McKesson (Mexico) Price on April 8, 2024
MCK Stock | MXN 11,996 0.00 0.00% |
If you're considering investing in McKesson Stock, it is important to understand the factors that can impact its price. As of today, the current price of McKesson stands at 11,996, as last reported on the 23rd of December, with the highest price reaching 11,996 and the lowest price hitting 11,996 during the day. McKesson appears to be very steady, given 3 months investment horizon. McKesson has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of volatility over the last 3 months. We have found eighteen technical indicators for McKesson, which you can use to evaluate the volatility of the firm. Please exercise McKesson's risk adjusted performance of 0.1028, and Mean Deviation of 0.7419 to check out if our risk estimates are consistent with your expectations.
McKesson Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
McKesson |
Sharpe Ratio = 0.15
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Estimated Market Risk
2.43 actual daily | 21 79% of assets are more volatile |
Expected Return
0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average McKesson is performing at about 11% 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.
McKesson Valuation on April 8, 2024
It is possible to determine the worth of McKesson on a given historical date. On April 8, 2024 McKesson was worth 8836.81 at the beginning of the trading date compared to the closed value of 8836.81. 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 | |
8,837 | 8,837 | 8,837 | 8,837 | 1.00 | |
04/08/2024 | 8,837 | 8,837 | 8,837 | 8,837 | 1.00 |
8,837 | 8,837 | 8,837 | 8,837 | 1.00 |
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McKesson Trading Date Momentum on April 8, 2024
On April 09 2024 McKesson was traded for 8,837 at the closing time. The maximum traded price for the trading interval was 8,837 and the lowest daily price was 8,837 . There was no trading activity during the period 1.0. Lack of trading volume on 9th of April 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.00% . |
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
McKesson Corporation provides healthcare supply chain management, retail pharmacy, community oncology and specialty care, and healthcare information solutions in the United States and internationally. McKesson Corporation was founded in 1833 and is headquartered in Irving, Texas. MCKESSON CORPORATION operates under Medical Distribution classification in Mexico and is traded on Mexico Stock Exchange. It employs 59000 people.
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 | December 23, 2024
| High |
0.00 | 0.00 |
McKesson cannot be verified against its exchange. Please verify the symbol is currently traded on Mexican 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.
McKesson December 23, 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
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 | 0.1028 | |||
Jensen Alpha | 0.2818 | |||
Total Risk Alpha | 0.2119 | |||
Treynor Ratio | (1.82) |
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Additional 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.