Hormel Foods (Brazil) Performance
| H1RL34 Stock | 197.00 0.00 0.00% |
On a scale of 0 to 100, Hormel Foods holds a performance score of 21. The company retains a Market Volatility (i.e., Beta) of -0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hormel Foods are expected to decrease at a much lower rate. During the bear market, Hormel Foods is likely to outperform the market. Please check Hormel Foods' potential upside, kurtosis, and the relationship between the value at risk and skewness , to make a quick decision on whether Hormel Foods' current trending patterns will revert.
Risk-Adjusted Performance
21 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Hormel Foods are ranked lower than 21 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Hormel Foods sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
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Hormel Foods Relative Risk vs. Return Landscape
If you would invest 16,996 in Hormel Foods on October 4, 2024 and sell it today you would earn a total of 2,704 from holding Hormel Foods or generate 15.91% return on investment over 90 days. Hormel Foods is generating 0.2549% of daily returns and assumes 0.9505% volatility on return distribution over the 90 days horizon. Simply put, 8% of stocks are less volatile than Hormel, and 95% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Hormel Foods Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hormel Foods' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Hormel Foods, and traders can use it to determine the average amount a Hormel 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 = 0.2682
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Estimated Market Risk
| 0.95 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average Hormel Foods is performing at about 21% of its full potential. 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 it to a well-diversified portfolio.
Things to note about Hormel Foods performance evaluation
Checking the ongoing alerts about Hormel Foods for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Hormel Foods help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Hormel Foods' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Hormel Foods' stock performance include:- Analyzing Hormel 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 Hormel Foods' stock is overvalued or undervalued compared to its peers.
- Examining Hormel 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 Hormel Foods' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Hormel Foods' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Hormel Foods' stock. These opinions can provide insight into Hormel Foods' potential for growth and whether the stock is currently undervalued or overvalued.
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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