McCormick Company Price To Earning vs. Annual Yield
| MKC Etf | USD 77.79 0.02 0.03% |
For McCormick Company profitability analysis, we use financial ratios and fundamental drivers that measure the ability of McCormick Company to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well McCormick Company Incorporated utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between McCormick Company's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of McCormick Company Incorporated over time as well as its relative position and ranking within its peers.
McCormick |
The market value of McCormick Company is measured differently than its book value, which is the value of McCormick that is recorded on the company's balance sheet. Investors also form their own opinion of McCormick Company's value that differs from its market value or its book value, called intrinsic value, which is McCormick Company's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because McCormick Company's market value can be influenced by many factors that don't directly affect McCormick Company's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between McCormick Company's value and its price as these two are different measures arrived at by different means. Investors typically determine if McCormick Company is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McCormick Company's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
McCormick Company Annual Yield vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining McCormick Company's current stock value. Our valuation model uses many indicators to compare McCormick Company value to that of its competitors to determine the firm's financial worth. McCormick Company Incorporated is regarded second largest ETF in price to earning as compared to similar ETFs. It is rated below average in annual yield as compared to similar ETFs . The ratio of Price To Earning to Annual Yield for McCormick Company Incorporated is about 1,436 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the McCormick Company's earnings, one of the primary drivers of an investment's value.McCormick Annual Yield vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
McCormick Company |
| = | 33.17 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
McCormick Company |
| = | 0.02 % |
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.
McCormick Annual Yield Comparison
McCormick Company is currently under evaluation in annual yield as compared to similar ETFs.
McCormick Company Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in McCormick Company, profitability is also one of the essential criteria for including it into their portfolios because, without profit, McCormick Company will eventually generate negative long term returns. The profitability progress is the general direction of McCormick Company's change in net profit over the period of time. It can combine multiple indicators of McCormick Company, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
McCormick Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. Mccormick is listed under Packaged Foods in the United States and is traded on New York Stock Exchange exchange.
McCormick Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on McCormick Company. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of McCormick Company position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the McCormick Company's important profitability drivers and their relationship over time.
| Price To Earning vs Price To Book | ||
| Price To Sales vs Annual Yield | ||
| Price To Earning vs Beta | ||
| Five Year Return vs Annual Yield | ||
| Price To Earning vs Net Asset | ||
| Last Dividend Paid vs Annual Yield |
Use McCormick Company in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if McCormick Company position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in McCormick Company will appreciate offsetting losses from the drop in the long position's value.McCormick Company Pair Trading
McCormick Company Incorporated Pair Trading Analysis
The ability to find closely correlated positions to McCormick Company could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace McCormick Company when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back McCormick Company - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling McCormick Company Incorporated to buy it.
The correlation of McCormick Company is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as McCormick Company moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if McCormick Company moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for McCormick Company can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your McCormick Company position
In addition to having McCormick Company in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Raw Materials
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Other Information on Investing in McCormick Etf
To fully project McCormick Company's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of McCormick Company at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include McCormick Company's income statement, its balance sheet, and the statement of cash flows.