Hanover Foods Financials
| HNFSA Stock | USD 63.00 0.00 0.00% |
Hanover |
Understanding current and past Hanover Foods Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Hanover Foods' financial statements are interrelated, with each one affecting the others. For example, an increase in Hanover Foods' assets may result in an increase in income on the income statement.
Please note, the presentation of Hanover Foods' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hanover Foods' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Hanover Foods' management manipulating its earnings.
Hanover Foods Stock Summary
Hanover Foods competes with Becle SA, Naked Wines, Willamette Valley, Fresh Grapes, and Naked Wines. Hanover Foods Corporation engages in processing, packaging, and selling fresh canned and frozen products. The company was founded in 1924 and is based in Hanover, Pennsylvania. Hanover Foods operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 2205 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US41078W1009 |
| Business Address | PO Box 334, |
| Sector | Food Products |
| Industry | Consumer Staples |
| Benchmark | Dow Jones Industrial |
| Website | www.hanoverfoods.com |
| Phone | 717 632 6000 |
| Currency | USD - US Dollar |
Hanover Foods Key Financial Ratios
Hanover Foods' financial ratios allow both analysts and investors to convert raw data from Hanover Foods' financial statements into concise, actionable information that can be used to evaluate the performance of Hanover Foods over time and compare it to other companies across industries.| Return On Equity | 0.12 | |||
| Return On Asset | 0.0597 | |||
| Beta | 0.47 | |||
| Z Score | 2.2 | |||
| Last Dividend Paid | 1.1 |
Hanover Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Hanover Foods's current stock value. Our valuation model uses many indicators to compare Hanover Foods value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Hanover Foods competition to find correlations between indicators driving Hanover Foods's intrinsic value. More Info.Hanover Foods is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.52 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Hanover Foods is roughly 1.94 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Hanover Foods by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Hanover Foods' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Hanover Foods Systematic Risk
Hanover Foods' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Hanover Foods volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
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. The Beta measures systematic risk based on how returns on Hanover Foods correlated with the market. If Beta is less than 0 Hanover Foods generally moves in the opposite direction as compared to the market. If Hanover Foods Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Hanover Foods is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Hanover Foods is generally in the same direction as the market. If Beta > 1 Hanover Foods moves generally in the same direction as, but more than the movement of the benchmark.
Hanover Foods December 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Hanover Foods help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Hanover Foods. We use our internally-developed statistical techniques to arrive at the intrinsic value of Hanover Foods based on widely used predictive technical indicators. In general, we focus on analyzing Hanover Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Hanover Foods's daily price indicators and compare them against related drivers.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 7.3 |
Complementary Tools for Hanover Pink Sheet analysis
When running Hanover Foods' price analysis, check to measure Hanover Foods' 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 Hanover Foods is operating at the current time. Most of Hanover Foods' value examination focuses on studying past and present price action to predict the probability of Hanover Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanover Foods' price. Additionally, you may evaluate how the addition of Hanover Foods to your portfolios can decrease your overall portfolio volatility.
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