Mccormick Company Incorporated Etf Performance
| MKC Etf | USD 77.31 0.51 0.66% |
The etf owns a Beta (Systematic Risk) of 0.38, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, McCormick Company's returns are expected to increase less than the market. However, during the bear market, the loss of holding McCormick Company is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in McCormick Company Incorporated are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound forward-looking signals, McCormick Company is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| McCormick Company dividend paid on 13th of January 2025 | 01/13/2025 |
| Begin Period Cash Flow | 166.6 M |
McCormick |
McCormick Company Relative Risk vs. Return Landscape
If you would invest 7,658 in McCormick Company Incorporated on November 9, 2024 and sell it today you would earn a total of 73.00 from holding McCormick Company Incorporated or generate 0.95% return on investment over 90 days. McCormick Company Incorporated is generating 0.0242% of daily returns assuming volatility of 1.2829% on return distribution over 90 days investment horizon. In other words, 11% of etfs are less volatile than McCormick, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
McCormick Company Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for McCormick Company's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as McCormick Company Incorporated, and traders can use it to determine the average amount a McCormick Company's 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 = 0.0188
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Estimated Market Risk
| 1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average McCormick Company is performing at about 1% 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 McCormick Company by adding it to a well-diversified portfolio.
McCormick Company Fundamentals Growth
McCormick Etf prices reflect investors' perceptions of the future prospects and financial health of McCormick Company, and McCormick Company 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 McCormick Etf performance.
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0516 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.17 % | ||||
| Current Valuation | 24.93 B | ||||
| Shares Outstanding | 252.52 M | ||||
| Price To Earning | 33.17 X | ||||
| Price To Book | 3.90 X | ||||
| Price To Sales | 3.08 X | ||||
| Revenue | 6.72 B | ||||
| EBITDA | 1.32 B | ||||
| Cash And Equivalents | 334 M | ||||
| Cash Per Share | 1.28 X | ||||
| Total Debt | 4.34 B | ||||
| Debt To Equity | 1.17 % | ||||
| Book Value Per Share | 20.20 X | ||||
| Cash Flow From Operations | 921.9 M | ||||
| Earnings Per Share | 2.92 X | ||||
| Total Asset | 13.07 B | ||||
| Retained Earnings | 3.54 B | ||||
| Current Asset | 1.42 B | ||||
| Current Liabilities | 1.42 B | ||||
About McCormick Company Performance
By analyzing McCormick Company's fundamental ratios, stakeholders can gain valuable insights into McCormick Company's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if McCormick Company 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 McCormick Company has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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 Company Incorporated has 4.34 B in debt with debt to equity (D/E) ratio of 1.17, which is OK given its current industry classification. McCormick Company has a current ratio of 0.75, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist McCormick Company until it has trouble settling it off, either with new capital or with free cash flow. So, McCormick Company's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like McCormick Company sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for McCormick to invest in growth at high rates of return. When we think about McCormick Company's use of debt, we should always consider it together with cash and equity. | |
| Over 89.0% of McCormick Company shares are owned by institutional investors | |
| On 13th of January 2025 McCormick Company paid $ 0.45 per share dividend to its current shareholders | |
| The fund maintains all of the assets in different exotic instruments |
Other Information on Investing in McCormick Etf
McCormick Company financial ratios help investors to determine whether McCormick Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in McCormick with respect to the benefits of owning McCormick Company security.