Hanover Foods Stock Buy Hold or Sell Recommendation

HNFSA Stock  USD 63.00  0.00  0.00%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Hanover Foods is 'Hold'. Macroaxis provides Hanover Foods buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HNFSA positions.
  
Check out Hanover Foods Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Hanover and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Hanover Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Execute Hanover Foods Buy or Sell Advice

The Hanover recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Hanover Foods. Macroaxis does not own or have any residual interests in Hanover Foods or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Hanover Foods' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Hanover FoodsBuy Hanover Foods
Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon Hanover Foods has a Risk Adjusted Performance of 0.0084, Jensen Alpha of (0.01), Total Risk Alpha of (0.04) and Treynor Ratio of (0.01)
Macroaxis provides unbiased trade recommendations on Hanover Foods that should be used to complement current analysts and expert consensus on Hanover Foods. Our advice engine determines the entity's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Hanover Foods is not overpriced, please check out all Hanover Foods fundamentals, including its price to sales, cash per share, earnings per share, as well as the relationship between the ebitda and current ratio . Given that Hanover Foods has a price to sales of 0.17 X, we strongly advise you to confirm Hanover Foods market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Hanover Foods Returns Distribution Density

The distribution of Hanover Foods' historical returns is an attempt to chart the uncertainty of Hanover Foods' future price movements. The chart of the probability distribution of Hanover Foods daily returns describes the distribution of returns around its average expected value. We use Hanover Foods price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hanover Foods returns is essential to provide solid investment advice for Hanover Foods.
Mean Return
0.01
Value At Risk
0.00
Potential Upside
0.00
Standard Deviation
1.24
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hanover Foods historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Hanover Foods Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Hanover Foods or Food Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Hanover Foods' price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Hanover pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.0094
β
Beta against Dow Jones0.30
σ
Overall volatility
1.27
Ir
Information ratio -0.02

Hanover Foods Volatility Alert

Hanover Foods exhibits very low volatility with skewness of 0.6 and kurtosis of 32.4. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hanover Foods' pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hanover Foods' pink sheet price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Hanover Foods Fundamentals Vs Peers

Comparing Hanover Foods' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Hanover Foods' direct or indirect competition across all of the common fundamentals between Hanover Foods and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hanover Foods or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Hanover Foods' fundamental indicators could also be used in its relative valuation, which is a method of valuing Hanover Foods by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Hanover Foods to competition
FundamentalsHanover FoodsPeer Average
Return On Equity0.12-0.31
Return On Asset0.0597-0.14
Profit Margin0.04 %(1.27) %
Operating Margin0.06 %(5.51) %
Current Valuation123.65 M16.62 B
Shares Outstanding288 K571.82 M
Shares Owned By Institutions1.20 %39.21 %
Price To Earning3.16 X28.72 X
Price To Sales0.17 X11.42 X
Revenue318.03 M9.43 B
Gross Profit47.05 M27.38 B
EBITDA29.26 M3.9 B
Net Income11.44 M570.98 M
Cash And Equivalents2.62 M2.7 B
Cash Per Share2.45 X5.01 X
Total Debt21.07 M5.32 B
Debt To Equity0.59 %48.70 %
Current Ratio1.53 X2.16 X
Book Value Per Share87.62 X1.93 K
Cash Flow From Operations15.64 M971.22 M
Earnings Per Share15.73 X3.12 X
Number Of Employees2.21 K18.84 K
Beta0.47-0.15
Market Capitalization56.13 M19.03 B
Total Asset199.39 M29.47 B
Retained Earnings89.19 M9.33 B
Working Capital44.45 M1.48 B
Current Asset128.54 M9.34 B
Current Liabilities84.08 M7.9 B
Z Score2.28.72
Annual Yield0.02 %
Net Asset199.39 M
Last Dividend Paid1.1

Hanover Foods Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Hanover . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Hanover Foods Buy or Sell Advice

When is the right time to buy or sell Hanover Foods? Buying financial instruments such as Hanover Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

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Other Information on Investing in Hanover Pink Sheet

Hanover Foods financial ratios help investors to determine whether Hanover Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hanover with respect to the benefits of owning Hanover Foods security.