McCormick Company (Mexico) Performance
| MKCV Stock | 1,584 364.82 18.72% |
The company owns a Beta (Systematic Risk) of 0.21, which conveys not very significant fluctuations relative to the market. 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. At this point, McCormick Company has a negative expected return of -0.32%. Please make sure to verify McCormick Company's coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to decide if McCormick Company performance from the past will be repeated at some future point.
Risk-Adjusted Performance
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Over the last 90 days McCormick Company Incorporated has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
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McCormick Company Relative Risk vs. Return Landscape
If you would invest 194,888 in McCormick Company Incorporated on August 31, 2024 and sell it today you would lose (36,440) from holding McCormick Company Incorporated or give up 18.7% of portfolio value over 90 days. McCormick Company Incorporated is generating negative expected returns and assumes 2.4366% volatility on return distribution over the 90 days horizon. Simply put, 21% of stocks are less volatile than McCormick, and 99% 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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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 stocks, 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 = -0.13
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| Negative Returns | MKCV |
Estimated Market Risk
| 2.44 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average McCormick Company 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 McCormick Company by adding McCormick Company to a well-diversified portfolio.
Things to note about McCormick Company performance evaluation
Checking the ongoing alerts about McCormick Company for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for McCormick Company help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| McCormick Company generated a negative expected return over the last 90 days |
- Analyzing McCormick Company's 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 McCormick Company's stock is overvalued or undervalued compared to its peers.
- Examining McCormick Company's 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 McCormick Company's management team can have a significant impact on its success or failure. Reviewing the track record and experience of McCormick Company's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of McCormick Company's stock. These opinions can provide insight into McCormick Company's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for McCormick Stock Analysis
When running McCormick Company's price analysis, check to measure McCormick Company's 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 McCormick Company is operating at the current time. Most of McCormick Company's value examination focuses on studying past and present price action to predict the probability of McCormick Company's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McCormick Company's price. Additionally, you may evaluate how the addition of McCormick Company to your portfolios can decrease your overall portfolio volatility.