Hershey Stock Alpha and Beta Analysis

HSY -  USA Stock  

USD 225.41  3.91  1.71%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Hershey Foods Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Hershey Foods over a specified time horizon. Remember, high Hershey Foods' 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.
Please check Hershey Foods Backtesting, Hershey Foods Valuation, Hershey Foods Correlation, Hershey Foods Hype Analysis, Hershey Foods Volatility, Hershey Foods History and analyze Hershey Foods Performance.
  
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Please note that although Hershey Foods alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Hershey Foods did 0.25  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Hershey Foods Corp stock's relative risk over its benchmark. Hershey Foods Corp has a beta of 0.43  . 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.
Hershey Foods Enterprise Value over EBIT is fairly stable at the moment as compared to the past year. Hershey Foods reported Enterprise Value over EBIT of 23.00 in 2021. Enterprise Value over EBITDA is likely to rise to 19.71 in 2022, whereas Book Value per Share is likely to drop 10.94 in 2022.
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.

Hershey Foods Quarterly Book Value per Share

14.205

Share

Hershey Foods Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Hershey Foods market risk premium is the additional return an investor will receive from holding Hershey Foods 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 Hershey Foods. 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 Hershey Foods' performance over market.
α0.25   β0.43
90 days against DJI

Hershey Foods 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 Hershey Foods' Buy-and-hold return. Our buy-and-hold chart shows how Hershey Foods performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Hershey Foods Market Price Analysis

Market price analysis indicators help investors to evaluate how Hershey Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hershey Foods shares will generate the highest return on investment. By understating and applying Hershey Foods stock market price indicators, traders can identify Hershey Foods position entry and exit signals to maximize returns.

Hershey Foods Return and Market Media

The median price of Hershey Foods for the period between Wed, Feb 16, 2022 and Tue, May 17, 2022 is 216.52 with a coefficient of variation of 4.44. The daily time series for the period is distributed with a sample standard deviation of 9.54, arithmetic mean of 214.83, and mean deviation of 8.6. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
      Timeline 
1
Acquisition by Michele Buck of 987 shares of Hershey Foods s...02/22/2022
2
Payment of 707 shares by James Turoff of Hershey Foods subje...02/24/2022
3
Payment of tradable shares by Jennifer McCalman of Hershey F...02/28/2022
4
Payment of 132 shares by James Turoff of Hershey Foods subje...03/01/2022
5
Payment of 131 shares by Jason Reiman of Hershey Foods subje...03/03/2022
6
Sale by Jason Reiman of 150 shares of Hershey Foods03/08/2022
7
Sale by Jennifer McCalman of 352 shares of Hershey Foods03/15/2022
8
Brand Licensing Market 2022 Analysis by Recent Developments ...03/22/2022
9
Payment of 231 shares by James Turoff of Hershey Foods subje...03/24/2022
10
Sale by Jennifer McCalman of 173 shares of Hershey Foods03/25/2022
11
Exercise or conversion by Kristen Riggs of 608 shares of Her...03/28/2022
12
EPS Estimate03/31/2022
13
Acquisition by Anthony Palmer of 185 shares of Hershey Foods...04/01/2022
14
Acquisition by James Katzman of 185 shares of Hershey Foods ...04/04/2022
15
Sale by Jason Reiman of 150 shares of Hershey Foods04/08/2022
16
Sale by Pamela Arway of 255 shares of Hershey Foods04/11/2022
17
Payment of tradable shares by Jennifer McCalman of Hershey F...04/12/2022
18
Sale by Jennifer McCalman of tradable shares of Hershey Food...04/13/2022
19
5 Things You Should Absolutely Not Do as an Airbnb Host - Na...04/20/2022
20
Sol-Gel Technologies Says FDA Approves EPSOLAY For Inflammat...04/25/2022
21
EPS Reported04/28/2022
22
Exercise or conversion by Kristen Riggs of 608 shares of Her...05/05/2022
23
Longtime Cedar Rapids Restaurant Location Has New Owners - k...05/06/2022
24
Sale by Jason Reiman of 150 shares of Hershey Foods05/10/2022
25
NIGHTFOOD HOLDINGS, INC. MANAGEMENTS DISCUSSION AND ANALYSIS...05/16/2022

About Hershey Foods 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 equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Hershey Foods Corp 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.
 2019 2020 2021 (projected)
Long Term Debt to Equity2.031.831.65
Interest Coverage11.0711.9310.74

Hershey Foods Upcoming Company Events

As portrayed in its financial statements, the presentation of Hershey Foods' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hershey Foods' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Hershey Foods' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Hershey Foods. Please utilize our Beneish M Score to check the likelihood of Hershey Foods' management manipulating its earnings.
Upcoming Quarterly Report3rd of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End3rd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Hershey Foods

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Please check Hershey Foods Backtesting, Hershey Foods Valuation, Hershey Foods Correlation, Hershey Foods Hype Analysis, Hershey Foods Volatility, Hershey Foods History and analyze 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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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...