JM Smucker Stock Market Value

SJM
 Stock
  

USD 153.94  0.07  0.0455%   

JM Smucker's market value is the price at which a share of JM Smucker stock trades on a public exchange. It measures the collective expectations of JM Smucker investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of JM Smucker and determine expected loss or profit from investing in JM Smucker over a given investment horizon. Additionally, take a look at JM Smucker Correlation, JM Smucker Volatility and JM Smucker Alpha and Beta module to complement your research on JM Smucker.
Symbol


Is JM Smucker's 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 JM Smucker. If investors know JM Smucker 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 JM Smucker 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
(0.06) 
Market Capitalization
16.2 B
Quarterly Revenue Growth YOY
0.076
Return On Assets
0.0413
Return On Equity
6.93
The market value of JM Smucker is measured differently than its book value, which is the value of JM Smucker that is recorded on the company's balance sheet. Investors also form their own opinion of JM Smucker's value that differs from its market value or its book value, called intrinsic value, which is JM Smucker'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 JM Smucker's market value can be influenced by many factors that don't directly affect JM Smucker'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 JM Smucker's value and its price as these two are different measures arrived at by different means. Investors typically determine JM Smucker value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JM Smucker'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.

JM Smucker '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 JM Smucker'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 JM Smucker.
0.00
10/02/2022
No Change 0.00  0.0 
In 2 months and 2 days
12/01/2022
0.00
If you would invest  0.00  in JM Smucker on October 2, 2022 and sell it all today you would earn a total of 0.00 from holding JM Smucker or generate 0.0% return on investment in JM Smucker over 60 days. JM Smucker is related to or competes with 3M, General Electric, Disney, Caterpillar, Verizon Communications, Intel, and American Express. Smucker Company manufactures and markets branded food and beverage products worldwide More

JM Smucker 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 JM Smucker'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 JM Smucker upside and downside potential and time the market with a certain degree of confidence.

JM Smucker Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for JM Smucker's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JM Smucker's standard deviation. In reality, there are many statistical measures that can use JM Smucker historical prices to predict the future JM Smucker's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of JM Smucker'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. Please use the tools below to analyze the current value of JM Smucker in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
153.11154.25155.39
Details
Intrinsic
Valuation
LowReal ValueHigh
148.55149.69169.41
Details
Naive
Forecast
LowNext ValueHigh
158.79159.93161.07
Details
10 Analysts
Consensus
LowTarget PriceHigh
130.00139.44146.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as JM Smucker. Your research has to be compared to or analyzed against JM Smucker's peers to derive any actionable benefits. When done correctly, JM Smucker's 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 JM Smucker.

JM Smucker Backtested Returns

We consider JM Smucker very steady. JM Smucker retains Efficiency (Sharpe Ratio) of 0.16, which attests that the entity had 0.16% of return per unit of price deviation over the last 3 months. Our outlook to 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 JM Smucker, which you can use to evaluate the future volatility of the firm. Please check out JM Smucker Semi Deviation of 0.9381, standard deviation of 1.15, and Market Risk Adjusted Performance of 0.4131 to validate if the risk estimate we provide is consistent with the expected return of 0.18%.
JM Smucker has a performance score of 12 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.3227, which attests to possible diversification benefits within a given portfolio. Let's try to break down what JM Smucker's beta means in this case. As returns on the market increase, JM Smucker returns are expected to increase less than the market. However, during the bear market, the loss on holding JM Smucker will be expected to be smaller as well. Although it is important to respect JM Smucker existing price patterns, it is better to be realistic regarding the information on the equity's price patterns. The way in which we are 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 inspecting JM Smucker technical indicators, you can at this moment evaluate if the expected return of 0.18% will be sustainable into the future. JM Smucker today owns a risk of 1.14%. Please check out JM Smucker coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power to decide if JM Smucker will be following its current price history.

Auto-correlation

    
  0.68  

Good predictability

JM Smucker has good predictability. Overlapping area represents the amount of predictability between JM Smucker time series from 2nd of October 2022 to 1st of November 2022 and 1st of November 2022 to 1st of December 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 JM Smucker price movement. The serial correlation of 0.68 indicates that around 68.0% of current JM Smucker price fluctuation can be explain by its past prices.
Correlation Coefficient0.68
Spearman Rank Test0.69
Residual Average0.0
Price Variance12.6

JM Smucker lagged returns against current returns

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

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

JM Smucker Lagged Returns

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

JM Smucker Investors Sentiment

The influence of JM Smucker's 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 JM Smucker. 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 JM Smucker's public news can be used to forecast risks associated with investment in JM Smucker. The trend in average sentiment can be used to explain how an investor holding JM Smucker can time the market purely based on public headlines and social activities around JM Smucker. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
JM Smucker's 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 JM Smucker's 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 JM Smucker's news discussions. The higher the estimated score, the more favorable is the investor's outlook on JM Smucker.
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 JM Smucker 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, JM Smucker's short interest history, or implied volatility extrapolated from JM Smucker options trading.

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Additionally, take a look at JM Smucker Correlation, JM Smucker Volatility and JM Smucker Alpha and Beta module to complement your research on JM Smucker. You can also try Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary Tools for analysis

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