Hormel Stock Market Value

HRL
 Stock
  

USD 49.86  0.25  0.50%   

Hormel Foods' market value is the price at which a share of Hormel Foods stock trades on a public exchange. It measures the collective expectations of Hormel Foods Corp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Hormel Foods Corp and determine expected loss or profit from investing in Hormel Foods over a given investment horizon. Please check Hormel Foods Hype Analysis, Hormel Foods Correlation, Hormel Foods Valuation, Hormel Foods Volatility, as well as analyze Hormel Foods Alpha and Beta and Hormel Foods Performance.
Symbol


Is Hormel Foods' industry 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 Hormel Foods. If investors know Hormel 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 Hormel Foods 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 YOY
0.14
Market Capitalization
27.2 B
Quarterly Revenue Growth YOY
0.19
Return On Assets
0.0679
Return On Equity
0.14
The market value of Hormel Foods Corp is measured differently than its book value, which is the value of Hormel that is recorded on the company's balance sheet. Investors also form their own opinion of Hormel Foods' value that differs from its market value or its book value, called intrinsic value, which is Hormel Foods' 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 Hormel Foods' market value can be influenced by many factors that don't directly affect Hormel Foods' 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 Hormel Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine Hormel Foods value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hormel Foods' 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.

Hormel Foods '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 Hormel Foods' 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 Hormel Foods.
0.00
06/16/2022
No Change 0.00  0.0 
In 2 months and 1 day
08/15/2022
0.00
If you would invest  0.00  in Hormel Foods on June 16, 2022 and sell it all today you would earn a total of 0.00 from holding Hormel Foods Corp or generate 0.0% return on investment in Hormel Foods over 60 days. Hormel Foods is related to or competes with Pfizer. Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservi...More

Hormel Foods 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 Hormel Foods' 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 Hormel Foods Corp upside and downside potential and time the market with a certain degree of confidence.

Hormel Foods Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hormel Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hormel Foods' standard deviation. In reality, there are many statistical measures that can use Hormel Foods historical prices to predict the future Hormel Foods' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Hormel 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. Please use the tools below to analyze the current value of Hormel Foods in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
48.3349.8851.43
Details
Intrinsic
Valuation
LowReal ValueHigh
46.5848.1354.85
Details
Naive
Forecast
LowNext ValueHigh
49.7651.3152.87
Details
7 Analysts
Consensus
LowTarget PriceHigh
45.0047.7550.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hormel Foods. Your research has to be compared to or analyzed against Hormel Foods' peers to derive any actionable benefits. When done correctly, Hormel Foods' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Hormel Foods Corp.

Hormel Foods Corp Backtested Returns

Hormel Foods Corp holds Efficiency (Sharpe) Ratio of -0.0469, which attests that the entity had -0.0469% of return per unit of risk over the last 3 months. Macroaxis standpoint towards determining the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Hormel Foods Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to check out Hormel Foods market risk adjusted performance of (0.11), and Risk Adjusted Performance of (0.036513) to validate the risk estimate we provide.
The company retains a Market Volatility (i.e., Beta) of 0.4576, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Hormel's beta means in this case. As returns on the market increase, Hormel Foods returns are expected to increase less than the market. However, during the bear market, the loss on holding Hormel Foods will be expected to be smaller as well. Even though it is essential to pay attention to Hormel Foods Corp current price history, it is always good to be careful when utilizing equity current price movements. Our philosophy towards determining any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Hormel Foods Corp exposes twenty-one different technical indicators, which can help you to evaluate its performance. Hormel Foods Corp has an expected return of -0.0732%. Please be advised to check out Hormel Foods variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Hormel Foods Corp performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.84  

Very good predictability

Hormel Foods Corp has very good predictability. Overlapping area represents the amount of predictability between Hormel Foods time series from 16th of June 2022 to 16th of July 2022 and 16th of July 2022 to 15th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Hormel Foods Corp price movement. The serial correlation of 0.84 indicates that around 84.0% of current Hormel Foods price fluctuation can be explain by its past prices.
Correlation Coefficient0.84
Spearman Rank Test0.84
Residual Average0.0
Price Variance0.85

Hormel Foods Corp lagged returns against current returns

Autocorrelation, which is Hormel Foods 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 Hormel Foods' stock expected returns. We can calculate the autocorrelation of Hormel Foods returns to help us make a trade decision. For example, suppose you find that Hormel Foods stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Hormel Foods 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 Hormel Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hormel Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hormel Foods stock over time.
   Current vs Lagged Prices   
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       Timeline  

Hormel Foods Lagged Returns

When evaluating Hormel Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hormel Foods stock have on its future price. Hormel Foods 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, Hormel Foods autocorrelation shows the relationship between Hormel Foods stock current value and its past values and can show if there is a momentum factor associated with investing in Hormel Foods Corp.
   Regressed Prices   
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       Timeline  

Hormel Foods Investors Sentiment

The influence of Hormel Foods' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hormel. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Hormel Foods' public news can be used to forecast risks associated with investment in Hormel. The trend in average sentiment can be used to explain how an investor holding Hormel can time the market purely based on public headlines and social activities around Hormel Foods Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Hormel Foods' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hormel Foods' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hormel Foods' news discussions. The higher the estimate score, the more favorable is the investor's outlook on Hormel Foods.

Hormel Foods Implied Volatility

    
  18.07  
Hormel Foods' implied volatility exposes the market's sentiment of Hormel Foods Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hormel Foods' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hormel Foods stock will not fluctuate a lot when Hormel Foods' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hormel Foods in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hormel Foods' short interest history, or implied volatility extrapolated from Hormel Foods options trading.

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Please check Hormel Foods Hype Analysis, Hormel Foods Correlation, Hormel Foods Valuation, Hormel Foods Volatility, as well as analyze Hormel Foods Alpha and Beta and Hormel Foods Performance. Note that the Hormel Foods Corp information on this page should be used as a complementary analysis to other Hormel Foods' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Hormel Foods Corp price analysis, check to measure Hormel 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 Hormel Foods is operating at the current time. Most of Hormel Foods' value examination focuses on studying past and present price action to predict the probability of Hormel Foods' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hormel Foods' price. Additionally, you may evaluate how the addition of Hormel Foods to your portfolios can decrease your overall portfolio volatility.
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Hormel Foods technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Hormel Foods technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hormel Foods trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...