Mcdonalds Stock Price on March 20, 2024
MCD Stock | USD 273.09 2.51 0.91% |
Below is the normalized historical share price chart for McDonalds extending back to July 05, 1966. 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 McDonalds stands at 273.09, as last reported on the 29th of April, with the highest price reaching 276.11 and the lowest price hitting 270.37 during the day.
If you're considering investing in McDonalds Stock, it is important to understand the factors that can impact its price. McDonalds has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1% return per unit of risk over the last 3 months. McDonalds exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify McDonalds' mean deviation of 0.7361, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide.
At present, McDonalds' Common Stock is projected to increase significantly based on the last few years of reporting. . At present, McDonalds' Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Sales Ratio is expected to grow to 8.89, whereas Price Book Value Ratio is projected to grow to (43.56). McDonalds Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of April 1965 | 200 Day MA 281.1307 | 50 Day MA 281.8766 | Beta 0.708 |
McDonalds |
Sharpe Ratio = -0.1024
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | MCD |
Estimated Market Risk
1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average McDonalds is not performing at its full potential. However, 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 McDonalds by adding McDonalds to a well-diversified portfolio.
Enterprise Value Ebitda 17.4084 | Price Sales 7.5622 | Shares Float 719.6 M | Dividend Share 6.23 | Wall Street Target Price 322.29 |
Related Headline
Restaurant Brands Headline on 20th of March 2024
Q4 2022 Restaurant Brands Asia Ltd Earnings Call Transcript by gurufocus.com
May 31, 2022 0530AM GMTOperator Good morning and welcome to the Restaurant Brands International for fourth-quarter 2022 earnings conference call. Operator I
McDonalds Valuation on March 20, 2024
It is possible to determine the worth of McDonalds on a given historical date. On March 20, 2024 McDonalds was worth 283.5 at the beginning of the trading date compared to the closed value of 284.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of McDonalds stock. Still, in general, we apply an absolute valuation method to find McDonalds' 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 McDonalds where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against McDonalds' related companies.
Open | High | Low | Close | Volume | |
279.20 | 284.37 | 278.58 | 282.87 | 4,054,591 | |
03/20/2024 | 283.50 | 284.60 | 281.37 | 284.45 | 2,033,039 |
284.50 | 285.58 | 282.64 | 283.53 | 3,438,488 |
Backtest McDonalds | | | McDonalds History | | | McDonalds Valuation | Previous | Next |
McDonalds Trading Date Momentum on March 20, 2024
On March 21 2024 McDonalds was traded for 283.53 at the closing time. Highest McDonalds's price during the trading hours was 285.58 and the lowest price during the day was 282.64 . The net volume was 3.4 M. The overall trading history on the 21st of March contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.32% . The trading delta at closing time to current price is 1.04% . |
McDonalds Fundamentals Correlations and Trends
By evaluating McDonalds' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among McDonalds' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. McDonalds financial account trend analysis is a perfect complement when working with valuation or volatility modules.About McDonalds Stock history
McDonalds 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 McDonalds is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in McDonalds 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 McDonalds stock prices may prove useful in developing a viable investing in McDonalds
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 732.3 M | 956 M | |
Net Income Applicable To Common Shares | 7.1 B | 4.6 B |
McDonalds Stock Technical Analysis
McDonalds 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
McDonalds Period Price Range
Low | March 20, 2024
| High |
283.50 | 284.45 |
McDonalds April 29, 2024 Market Strength
Market strength indicators help investors to evaluate how McDonalds stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading McDonalds shares will generate the highest return on investment. By undertsting and applying McDonalds stock market strength indicators, traders can identify McDonalds entry and exit signals to maximize returns
Accumulation Distribution | 23073.49 | |||
Daily Balance Of Power | 0.2941 | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 282.99 | |||
Day Typical Price | 283.47 | |||
Price Action Indicator | 1.94 | |||
Period Momentum Indicator | (11.36) |
McDonalds Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for McDonalds' price direction in advance. Along with the technical and fundamental analysis of McDonalds Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of McDonalds 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 | (0.07) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.27) | |||
Treynor Ratio | (0.25) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McDonalds. 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 information on how to trade McDonalds Stock refer to our How to Trade McDonalds Stock guide.Note that the McDonalds information on this page should be used as a complementary analysis to other McDonalds' 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 McDonalds Stock analysis
When running McDonalds' price analysis, check to measure McDonalds' 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 McDonalds is operating at the current time. Most of McDonalds' value examination focuses on studying past and present price action to predict the probability of McDonalds' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McDonalds' price. Additionally, you may evaluate how the addition of McDonalds to your portfolios can decrease your overall portfolio volatility.
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |
Is McDonalds' 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 McDonalds. If investors know McDonalds 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 McDonalds 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 0.083 | Dividend Share 6.23 | Earnings Share 11.55 | Revenue Per Share 35.024 | Quarterly Revenue Growth 0.081 |
The market value of McDonalds is measured differently than its book value, which is the value of McDonalds that is recorded on the company's balance sheet. Investors also form their own opinion of McDonalds' value that differs from its market value or its book value, called intrinsic value, which is McDonalds' 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 McDonalds' market value can be influenced by many factors that don't directly affect McDonalds' 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 McDonalds' value and its price as these two are different measures arrived at by different means. Investors typically determine if McDonalds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McDonalds' 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.