Mccormick Company Incorporated Etf Alpha and Beta Analysis
| MKC Etf | USD 77.28 0.30 0.39% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as McCormick Company Incorporated. It also helps investors analyze the systematic and unsystematic risks associated with investing in McCormick Company over a specified time horizon. Remember, high McCormick Company's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to McCormick Company's market risk premium analysis include:
Beta (0.06) | Alpha (0.01) | Risk 1.06 | Sharpe Ratio (0.02) | Expected Return (0.02) |
McCormick Company Quarterly Cash And Equivalents |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
McCormick |
McCormick Company Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. McCormick Company market risk premium is the additional return an investor will receive from holding McCormick Company long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in McCormick Company. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate McCormick Company's performance over market.| α | -0.01 | β | -0.06 |
McCormick Company expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of McCormick Company's Buy-and-hold return. Our buy-and-hold chart shows how McCormick Company performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.McCormick Company Market Price Analysis
Market price analysis indicators help investors to evaluate how McCormick Company etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading McCormick Company shares will generate the highest return on investment. By understating and applying McCormick Company etf market price indicators, traders can identify McCormick Company position entry and exit signals to maximize returns.
McCormick Company Return and Market Media
The median price of McCormick Company for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 79.63 with a coefficient of variation of 3.22. The daily time series for the period is distributed with a sample standard deviation of 2.57, arithmetic mean of 79.83, and mean deviation of 2.15. The Etf received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| McCormick Company dividend paid on 21st of October 2024 | 10/21/2024 |
1 | Republican David McCormick flips pivotal Pennsylvania Senate seat | 11/07/2024 |
2 | Schumer criticized for not inviting McCormick to Senate orientation | 11/11/2024 |
3 | Casey, McCormick headed for recount | 11/13/2024 |
4 | Acquisition by Michael Smith of 2350 shares of McCormick Company subject to Rule 16b-3 | 11/15/2024 |
5 | Lifeway Foods Q3 Earnings Lag Estimates, Sales Rise 13 percent YY | 11/18/2024 |
6 | Drive Wealth Management LLC Invests 206,000 in McCormick Company, Incorporated | 11/19/2024 |
7 | Nuance Investments LLC Sells 450,886 Shares of McCormick Company, Incorporated | 11/20/2024 |
8 | Democrat Senator Bob Casey finally concedes PA race to GOPs Dave McCormick, weeks after it was called | 11/21/2024 |
9 | Casey Concedes PA U.S. Senate Race To McCormick | 11/22/2024 |
About McCormick Company Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including McCormick or other etfs. Alpha measures the amount that position in McCormick Company has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
McCormick Company Upcoming Company Events
As portrayed in its financial statements, the presentation of McCormick Company's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, McCormick Company's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of McCormick Company's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of McCormick Company. Please utilize our Beneish M Score to check the likelihood of McCormick Company's management manipulating its earnings.
| 26th of March 2024 Upcoming Quarterly Report | View | |
| 4th of July 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 23rd of January 2025 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 30th of November 2023 Last Financial Announcement | View |
Build Portfolio with McCormick Company
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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.