Hanover Foods Stock Performance

HNFSA Stock  USD 52.00  0.00  0.00%   
On a scale of 0 to 100, Hanover Foods holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of -0.26, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hanover Foods are expected to decrease at a much lower rate. During the bear market, Hanover Foods is likely to outperform the market. Please check Hanover Foods' variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to make a quick decision on whether Hanover Foods' current trending patterns will revert.

Risk-Adjusted Performance

Fair

 
Weak
 
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in Hanover Foods are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite somewhat fragile basic indicators, Hanover Foods sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
  

Hanover Foods Relative Risk vs. Return Landscape

If you would invest  4,500  in Hanover Foods on November 15, 2025 and sell it today you would earn a total of  700.00  from holding Hanover Foods or generate 15.56% return on investment over 90 days. Hanover Foods is currently producing 0.2729% returns and takes up 2.0604% volatility of returns over 90 trading days. Put another way, 18% of traded pink sheets are less volatile than Hanover, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Hanover Foods is expected to generate 2.65 times more return on investment than the market. However, the company is 2.65 times more volatile than its market benchmark. It trades about 0.13 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.13 per unit of risk.

Hanover Foods Target Price Odds to finish over Current Price

The tendency of Hanover Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 52.00 90 days 52.00 
roughly 2.31
Based on a normal probability distribution, the odds of Hanover Foods to move above the current price in 90 days from now is roughly 2.31 (This Hanover Foods probability density function shows the probability of Hanover Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Hanover Foods has a beta of -0.26. This usually indicates as returns on the benchmark increase, returns on holding Hanover Foods are expected to decrease at a much lower rate. During a bear market, however, Hanover Foods is likely to outperform the market. Additionally Hanover Foods has an alpha of 0.211, implying that it can generate a 0.21 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Hanover Foods Price Density   
       Price  

Predictive Modules for Hanover Foods

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hanover Foods. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Hanover Foods' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
49.9452.0054.06
Details
Intrinsic
Valuation
LowRealHigh
46.1848.2457.20
Details

Hanover Foods Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Hanover Foods is not an exception. The market had few large corrections towards the Hanover Foods' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Hanover Foods, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hanover Foods within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.21
β
Beta against Dow Jones-0.26
σ
Overall volatility
2.77
Ir
Information ratio 0.06

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.

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.
Evaluating Hanover Foods' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Hanover Foods' pink sheet performance include:
  • 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.
It's essential to remember that evaluating Hanover Foods' pink sheet performance is not an exact science, and many factors can impact Hanover Foods' pink sheet market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

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.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm