Hormel Foods (Germany) Price on November 30, 2024
HO7 Stock | EUR 27.44 0.44 1.63% |
If you're considering investing in Hormel Stock, it is important to understand the factors that can impact its price. As of today, the current price of Hormel Foods stands at 27.44, as last reported on the 4th of March, with the highest price reaching 27.44 and the lowest price hitting 27.24 during the day. Hormel Foods holds Efficiency (Sharpe) Ratio of -0.0799, which attests that the entity had a -0.0799 % return per unit of risk over the last 3 months. Hormel Foods exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hormel Foods' Standard Deviation of 1.38, market risk adjusted performance of 0.2648, and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide.
Hormel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Hormel |
Sharpe Ratio = -0.0799
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Estimated Market Risk
1.29 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hormel Foods 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 Hormel Foods by adding Hormel Foods to a well-diversified portfolio.
Hormel Foods Valuation on November 30, 2024
It is possible to determine the worth of Hormel Foods on a given historical date. On November 30, 2024 Hormel was worth 29.56 at the beginning of the trading date compared to the closed value of 29.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hormel Foods stock. Still, in general, we apply an absolute valuation method to find Hormel Foods' 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 Hormel Foods where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hormel Foods' related companies.
Open | High | Low | Close | Volume | |
29.84 | 29.84 | 29.66 | 29.66 | 70.00 | |
11/29/2024 | 29.56 | 29.73 | 29.56 | 29.73 | 39.00 |
30.39 | 30.67 | 30.39 | 30.67 | 157.00 |
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Hormel Foods Trading Date Momentum on November 30, 2024
On December 02 2024 Hormel Foods was traded for 30.67 at the closing time. The highest daily price throughout the period was 30.67 and the lowest price was 30.39 . The daily volume was 157. The net trading volume on 12/02/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 3.16% . The trading delta at closing time to current closing price is 2.12% . |
Hormel Foods Fundamentals Correlations and Trends
By evaluating Hormel Foods' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hormel Foods' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hormel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Hormel Foods Stock history
Hormel Foods 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 Hormel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hormel Foods 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 Hormel Foods stock prices may prove useful in developing a viable investing in Hormel Foods
Hormel Foods Corporation produces and markets various meat and food products in the United States and internationally. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota. HORMEL FOODS operates under Packaged Foods classification in Germany and is traded on Frankfurt Stock Exchange. It employs 18500 people.
Hormel Foods Stock Technical Analysis
Hormel Foods 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
Hormel Foods Period Price Range
Low | March 4, 2025
| High |
0.00 | 0.00 |
Hormel Foods cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Hormel Foods March 4, 2025 Market Strength
Market strength indicators help investors to evaluate how Hormel Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hormel Foods shares will generate the highest return on investment. By undertsting and applying Hormel Foods stock market strength indicators, traders can identify Hormel Foods entry and exit signals to maximize returns
Hormel Foods Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Hormel Foods' price direction in advance. Along with the technical and fundamental analysis of Hormel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hormel 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 | (0.04) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | 0.0166 | |||
Treynor Ratio | 0.2548 |
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Complementary Tools for Hormel Stock analysis
When running Hormel Foods' price analysis, check to measure Hormel 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 Hormel Foods is operating at the current time. Most of Hormel Foods' value examination focuses on studying past and present price action to predict the probability of Hormel Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hormel Foods' price. Additionally, you may evaluate how the addition of Hormel Foods to your portfolios can decrease your overall portfolio volatility.
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