Hershey Stock Market Value

HSY
 Stock
  

USD 221.00  5.84  2.71%   

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


Is Hershey 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 Hershey Foods. If investors know Hershey 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 Hershey 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
0.35
Market Capitalization
45.4 B
Quarterly Revenue Growth YOY
0.16
Return On Assets
0.14
Return On Equity
0.63
The market value of Hershey Foods Corp is measured differently than its book value, which is the value of Hershey that is recorded on the company's balance sheet. Investors also form their own opinion of Hershey Foods' value that differs from its market value or its book value, called intrinsic value, which is Hershey 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 Hershey Foods' market value can be influenced by many factors that don't directly affect Hershey 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 Hershey Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine Hershey Foods value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hershey 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.

Hershey 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 Hershey 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 Hershey Foods.
0.00
06/04/2022
No Change 0.00  0.0 
In 30 days
07/04/2022
0.00
If you would invest  0.00  in Hershey Foods on June 4, 2022 and sell it all today you would earn a total of 0.00 from holding Hershey Foods Corp or generate 0.0% return on investment in Hershey Foods over 30 days. Hershey Foods is related to or competes with Kellogg, Conagra Brands, Church Dwight, Bunge, Coca Cola, Hormel Foods, and B of A. The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and p...More

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

Hershey Foods Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Hershey Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hershey Foods' standard deviation. In reality, there are many statistical measures that can use Hershey Foods historical prices to predict the future Hershey Foods' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Hershey 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 Hershey Foods in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
219.50221.23222.96
Details
Intrinsic
Valuation
LowReal ValueHigh
198.90225.54227.27
Details
Naive
Forecast
LowNext ValueHigh
220.49222.22223.95
Details
11 Analysts
Consensus
LowTarget PriceHigh
181.00193.50220.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hershey Foods. Your research has to be compared to or analyzed against Hershey Foods' peers to derive any actionable benefits. When done correctly, Hershey 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 Hershey Foods Corp.

Hershey Foods Corp Backtested Returns

We consider Hershey Foods very steady. Hershey Foods Corp holds Efficiency (Sharpe) Ratio of 0.0237, which attests that the entity had 0.0237% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Hershey Foods Corp, which you can use to evaluate the future volatility of the firm. Please check out Hershey Foods Risk Adjusted Performance of 0.0557, market risk adjusted performance of 0.0903, and Downside Deviation of 1.91 to validate if the risk estimate we provide is consistent with the expected return of 0.041%.
Hershey Foods has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.678, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Hershey's beta means in this case. As returns on the market increase, Hershey Foods returns are expected to increase less than the market. However, during the bear market, the loss on holding Hershey Foods will be expected to be smaller as well. Although it is important to respect Hershey Foods Corp current price history, it is better to be realistic regarding the information on the equity's current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Hershey Foods Corp technical indicators, you can presently evaluate if the expected return of 0.041% will be sustainable into the future. Hershey Foods Corp right now retains a risk of 1.73%. Please check out Hershey Foods potential upside, as well as the relationship between the accumulation distribution and price action indicator to decide if Hershey Foods will be following its current trending patterns.

Auto-correlation

    
  -0.29  

Weak reverse predictability

Hershey Foods Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Hershey Foods time series from 4th of June 2022 to 19th of June 2022 and 19th of June 2022 to 4th of July 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 Hershey Foods Corp price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Hershey Foods price fluctuation can be explain by its past prices.
Correlation Coefficient-0.29
Spearman Rank Test-0.47
Residual Average0.0
Price Variance6.08

Hershey Foods Corp lagged returns against current returns

Autocorrelation, which is Hershey 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 Hershey Foods' stock expected returns. We can calculate the autocorrelation of Hershey Foods returns to help us make a trade decision. For example, suppose you find that Hershey 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 

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

Hershey Foods Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Hershey Foods without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Hershey Foods Hype Analysis, Hershey Foods Correlation, Hershey Foods Valuation, Hershey Foods Volatility, as well as analyze Hershey Foods Alpha and Beta and Hershey Foods Performance. Note that the Hershey Foods Corp information on this page should be used as a complementary analysis to other Hershey 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Hershey Stock analysis

When running Hershey Foods Corp price analysis, check to measure Hershey 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 Hershey Foods is operating at the current time. Most of Hershey Foods' value examination focuses on studying past and present price action to predict the probability of Hershey Foods' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hershey Foods' price. Additionally, you may evaluate how the addition of Hershey Foods to your portfolios can decrease your overall portfolio volatility.
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Hershey 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 Hershey Foods technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hershey 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...