Fresh Del Monte Stock Market Value
| FDP Stock | USD 33.60 0.26 0.77% |
| Symbol | Fresh |
Fresh Del Monte Price To Book Ratio
Is Agricultural Products & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fresh Del. If investors know Fresh will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fresh Del listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.166 | Dividend Share 0.95 | Earnings Share 0.32 | Revenue Per Share 89.338 | Quarterly Revenue Growth 0.016 |
The market value of Fresh Del Monte is measured differently than its book value, which is the value of Fresh that is recorded on the company's balance sheet. Investors also form their own opinion of Fresh Del's value that differs from its market value or its book value, called intrinsic value, which is Fresh Del'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 Fresh Del's market value can be influenced by many factors that don't directly affect Fresh Del'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 Fresh Del's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fresh Del is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fresh Del'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.
Fresh Del 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Fresh Del's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Fresh Del.
| 10/22/2024 |
| 11/21/2024 |
If you would invest 0.00 in Fresh Del on October 22, 2024 and sell it all today you would earn a total of 0.00 from holding Fresh Del Monte or generate 0.0% return on investment in Fresh Del over 30 days. Fresh Del is related to or competes with Limoneira, Alico, Adecoagro, Cal Maine, Brasilagro Adr, Bunge, and SW Seed. Fresh Del Monte Produce Inc., through its subsidiaries, produces, markets, and distributes fresh and fresh-cut fruits an... More
Fresh Del Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Fresh Del's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Fresh Del Monte upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | 0.1308 | |||
| Maximum Drawdown | 12.38 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 2.3 |
Fresh Del Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fresh Del's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fresh Del's standard deviation. In reality, there are many statistical measures that can use Fresh Del historical prices to predict the future Fresh Del's volatility.| Risk Adjusted Performance | 0.1452 | |||
| Jensen Alpha | 0.3034 | |||
| Total Risk Alpha | 0.1161 | |||
| Sortino Ratio | 0.2008 | |||
| Treynor Ratio | 2.24 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fresh Del's 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.
Fresh Del Monte Backtested Returns
Fresh Del appears to be very steady, given 3 months investment horizon. Fresh Del Monte secures Sharpe Ratio (or Efficiency) of 0.16, which denotes the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fresh Del Monte, which you can use to evaluate the volatility of the firm. Please utilize Fresh Del's Coefficient Of Variation of 540.25, downside deviation of 1.15, and Mean Deviation of 1.1 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Fresh Del holds a performance score of 12. The firm shows a Beta (market volatility) of 0.14, which means not very significant fluctuations relative to the market. As returns on the market increase, Fresh Del's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fresh Del is expected to be smaller as well. Please check Fresh Del's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Fresh Del's price patterns will revert.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Fresh Del Monte has insignificant reverse predictability. Overlapping area represents the amount of predictability between Fresh Del time series from 22nd of October 2024 to 6th of November 2024 and 6th of November 2024 to 21st of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Fresh Del Monte price movement. The serial correlation of -0.16 indicates that over 16.0% of current Fresh Del price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Fresh Del Monte lagged returns against current returns
Autocorrelation, which is Fresh Del stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Fresh Del's stock expected returns. We can calculate the autocorrelation of Fresh Del returns to help us make a trade decision. For example, suppose you find that Fresh Del has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Fresh Del regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Fresh Del stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fresh Del stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fresh Del stock over time.
Current vs Lagged Prices |
| Timeline |
Fresh Del Lagged Returns
When evaluating Fresh Del's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fresh Del stock have on its future price. Fresh Del autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Fresh Del autocorrelation shows the relationship between Fresh Del stock current value and its past values and can show if there is a momentum factor associated with investing in Fresh Del Monte.
Regressed Prices |
| Timeline |
Pair Trading with Fresh Del
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 Fresh Del 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 Fresh Del will appreciate offsetting losses from the drop in the long position's value.Moving together with Fresh Stock
Moving against Fresh Stock
| 0.83 | BUD | Anheuser Busch Inbev | PairCorr |
| 0.81 | ADM | Archer Daniels Midland | PairCorr |
| 0.78 | GIS | General Mills | PairCorr |
| 0.75 | BGS | BG Foods | PairCorr |
| 0.75 | CPB | Campbell Soup | PairCorr |
The ability to find closely correlated positions to Fresh Del could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fresh Del 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 Fresh Del - 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 Fresh Del Monte to buy it.
The correlation of Fresh Del 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 Fresh Del moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fresh Del Monte 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 Fresh Del 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.Additional Tools for Fresh Stock Analysis
When running Fresh Del's price analysis, check to measure Fresh Del'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 Fresh Del is operating at the current time. Most of Fresh Del's value examination focuses on studying past and present price action to predict the probability of Fresh Del's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fresh Del's price. Additionally, you may evaluate how the addition of Fresh Del to your portfolios can decrease your overall portfolio volatility.