Deere Stock Performance

DE
 Stock
  

USD 334.22  11.91  3.44%   

Deere has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.1159, which means a somewhat significant risk relative to the market. Let's try to break down what Deere's beta means in this case. Deere returns are very sensitive to returns on the market. As the market goes up or down, Deere is expected to follow. Although it is important to respect Deere Company historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in predicting 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 reviewing Deere Company technical indicators, you can presently evaluate if the expected return of 0.11% will be sustainable into the future. Deere Company right now shows a risk of 1.8%. Please confirm Deere Company jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio to decide if Deere Company will be following its price patterns.
  
Deere Performance
4 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Deere Company are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady technical and fundamental indicators, Deere may actually be approaching a critical reversion point that can send shares even higher in October 2022. ...more

Deere Price Channel

Quick Ratio1.76
Fifty Two Week Low283.81
Target High Price445.00
Fifty Two Week High446.76
Payout Ratio21.14%
Trailing Annual Dividend Yield0.88%
Target Low Price283.00

Deere Relative Risk vs. Return Landscape

If you would invest  31,533  in Deere Company on June 26, 2022 and sell it today you would earn a total of  1,889  from holding Deere Company or generate 5.99% return on investment over 90 days. Deere Company is generating 0.1069% of daily returns and assumes 1.8042% volatility on return distribution over the 90 days horizon. Put differently, 15% of stocks are less risky than Deere on the basis of their historical return distribution, and some 98% of all equities are expected to be superior in generating returns on investments over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Allowing for the 90-day total investment horizon Deere is expected to generate 1.63 times more return on investment than the market. However, the company is 1.63 times more volatile than its market benchmark. It trades about 0.06 of its potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of risk.

Deere Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Deere's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Deere Company, and traders can use it to determine the average amount a Deere's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0592

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Estimated Market Risk
 1.8
  actual daily
 
 15 %
of total potential
 
1515
Expected Return
 0.11
  actual daily
 
 2 %
of total potential
 
22
Risk-Adjusted Return
 0.06
  actual daily
 
 4 %
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44
Based on monthly moving average Deere is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Deere by adding it to a well-diversified portfolio.

About Deere Performance

To evaluate Deere Company Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Deere generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Deere Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Deere Company market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Deere's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Deere Company manufactures and distributes various equipment worldwide. The company operates through four segments Production and Precision Agriculture, Small Agriculture and Turf, Construction and Forestry, and Financial Services. The Production and Precision Agriculture segment provides mid-size tractors, combines, cotton pickers and strippers, sugarcane harvesters, harvesting front-end equipment, sugarcane loaders, pull-behind scrapers, and tillage and seeding equipment, as well as application equipment, including sprayers and nutrient management, and soil preparation machinery for grain growers. The Small Agriculture and Turf segment offers utility tractors, and related loaders and attachments turf and utility equipment, including riding lawn equipment, commercial mowing equipment, golf course equipment, and utility vehicles, as well as implements for mowing, tilling, snow and debris handling, aerating, residential, commercial, golf, and sports turf care applications other outdoor power products and hay and forage equipment. This segment also resells products from other manufacturers. It serves dairy and livestock producers, crop producers, and turf and utility customers. The Construction and Forestry segment provides a range of backhoe loaders, crawler dozers and loaders, four-wheel-drive loaders, excavators, motor graders, articulated dump trucks, landscape and skid-steer loaders, milling machines, pavers, compactors, rollers, crushers, screens, asphalt plants, log skidders, log feller bunchers, log loaders and forwarders, log harvesters, and attachments and roadbuilding equipment. The Financial Services segment finances sales and leases agriculture and turf, and construction and forestry equipment. It also offers wholesale financing to dealers of the foregoing equipment and extended equipment warranties, as well as finances retail revolving charge accounts. Deere Company was founded in 1837 and is headquartered in Moline, Illinois.

Things to note about Deere Company

Checking the ongoing alerts about Deere for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Deere Company help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Deere Alerts

Equity Alerts and Improvement Suggestions

Over 80.0% of the company shares are held by institutions such as insurance companies
On 8th of August 2022 Deere paid $ 1.13 per share dividend to its current shareholders
Latest headline from www.fool.com: Where Will Deere Be in 10 Years - The Motley Fool
Continue to Investing Opportunities. Note that the Deere Company information on this page should be used as a complementary analysis to other Deere's 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 Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

Complementary Tools for Deere Stock analysis

When running Deere Company price analysis, check to measure Deere'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 Deere is operating at the current time. Most of Deere's value examination focuses on studying past and present price action to predict the probability of Deere's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Deere's price. Additionally, you may evaluate how the addition of Deere to your portfolios can decrease your overall portfolio volatility.
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Is Deere'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 Deere. If investors know Deere 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 Deere listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Deere Company is measured differently than its book value, which is the value of Deere that is recorded on the company's balance sheet. Investors also form their own opinion of Deere's value that differs from its market value or its book value, called intrinsic value, which is Deere'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 Deere's market value can be influenced by many factors that don't directly affect Deere'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 Deere's value and its price as these two are different measures arrived at by different means. Investors typically determine Deere value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Deere'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.