Hanover Foods Stock Performance
| HNFSA Stock | USD 58.44 0.00 0.00% |
The company retains a Market Volatility (i.e., Beta) of 0.43, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Hanover Foods' returns are expected to increase less than the market. However, during the bear market, the loss of holding Hanover Foods is expected to be smaller as well. At this point, Hanover Foods has a negative expected return of -0.11%. Please make sure to check out Hanover Foods' maximum drawdown, as well as the relationship between the rate of daily change and relative strength index , to decide if Hanover Foods performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Hanover Foods has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
| Total Cashflows From Investing Activities | -25.5 M |
Hanover |
Hanover Foods Relative Risk vs. Return Landscape
If you would invest 6,300 in Hanover Foods on October 14, 2024 and sell it today you would lose (456.00) from holding Hanover Foods or give up 7.24% of portfolio value over 90 days. Hanover Foods is currently producing negative expected returns and takes up 1.577% volatility of returns over 90 trading days. Put another way, 14% of traded pink sheets are less volatile than Hanover, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Hanover Foods Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hanover Foods' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Hanover Foods, and traders can use it to determine the average amount a Hanover Foods' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0689
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HNFSA |
Estimated Market Risk
| 1.58 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Hanover 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 Hanover Foods by adding Hanover Foods to a well-diversified portfolio.
Hanover Foods Fundamentals Growth
Hanover Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Hanover Foods, and Hanover Foods fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Hanover Pink Sheet performance.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0597 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 123.65 M | |||
| Shares Outstanding | 288 K | |||
| Price To Earning | 3.16 X | |||
| Price To Sales | 0.17 X | |||
| Revenue | 318.03 M | |||
| EBITDA | 29.26 M | |||
| Cash And Equivalents | 2.62 M | |||
| Cash Per Share | 2.45 X | |||
| Total Debt | 21.07 M | |||
| Debt To Equity | 0.59 % | |||
| Book Value Per Share | 87.62 X | |||
| Cash Flow From Operations | 15.64 M | |||
| Earnings Per Share | 15.73 X | |||
| Total Asset | 199.39 M | |||
| Retained Earnings | 89.19 M | |||
| Current Asset | 128.54 M | |||
| Current Liabilities | 84.08 M | |||
About Hanover Foods Performance
By analyzing Hanover Foods' fundamental ratios, stakeholders can gain valuable insights into Hanover Foods' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Hanover Foods has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Hanover Foods has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Hanover Foods performance evaluation
Checking the ongoing alerts about Hanover Foods for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Hanover Foods help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Hanover Foods generated a negative expected return over the last 90 days |
- Analyzing Hanover Foods' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Hanover Foods' stock is overvalued or undervalued compared to its peers.
- Examining Hanover Foods' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Hanover Foods' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hanover Foods' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hanover Foods' pink sheet. These opinions can provide insight into Hanover Foods' potential for growth and whether the stock is currently undervalued or overvalued.
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.
| 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 | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |