Mccormick Company Incorporated Etf Buy Hold or Sell Recommendation

MKC Etf  USD 76.81  0.78  1.03%   
Considering the 90-day investment horizon and your slightly conservative level of risk, our recommendation regarding McCormick Company Incorporated is 'Cautious Hold'. Macroaxis provides McCormick Company buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MKC positions. The advice algorithm takes into account all of McCormick Company's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting McCormick Company's buy or sell advice are summarized below:
Real Value
74.89
Target Price
78
Hype Value
76.81
Market Value
76.81
Naive Value
77.88
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell McCormick Company Incorporated given historical horizon and risk tolerance towards McCormick Company. When Macroaxis issues a 'buy' or 'sell' recommendation for McCormick Company Incorporated, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out McCormick Company Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual funds such as McCormick and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards McCormick Company Incorporated. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in industry.

Execute McCormick Company Buy or Sell Advice

The McCormick recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on McCormick Company Incorporated. Macroaxis does not own or have any residual interests in McCormick Company Incorporated or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute McCormick Company's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell McCormick CompanyBuy McCormick Company
Cautious Hold

Market Performance

OKDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

BuyDetails

Financial Leverage

Not RatedDetails
For the selected time horizon McCormick Company Incorporated has a Mean Deviation of 1.19, Semi Deviation of 1.06, Standard Deviation of 1.86, Variance of 3.44, Downside Variance of 1.51 and Semi Variance of 1.12
Macroaxis provides unbiased advice on McCormick Company Incorporated that should be used to complement current analysts and expert consensus on McCormick Company. Our trade recommendation engine determines the entity's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure McCormick rporated is not overpriced, please verify all McCormick Company Incorporated fundamentals, including its price to sales, cash per share, and the relationship between the number of shares shorted and ebitda .

McCormick Company Trading Alerts and Improvement Suggestions

The company has 4.59 B in debt with debt to equity (D/E) ratio of 1.17, which is OK given its current industry classification. McCormick rporated has a current ratio of 0.75, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist McCormick Company until it has trouble settling it off, either with new capital or with free cash flow. So, McCormick Company's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like McCormick rporated sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for McCormick to invest in growth at high rates of return. When we think about McCormick Company's use of debt, we should always consider it together with cash and equity.
Over 88.0% of McCormick Company shares are owned by institutional investors
Latest headline from finance.yahoo.com: Acquisition by Freeman Hrabowski of 328 shares of McCormick Company at 67.1372 subject to Rule 16b-3
The fund maintains all of the assets in different exotic instruments

McCormick Company Returns Distribution Density

The distribution of McCormick Company's historical returns is an attempt to chart the uncertainty of McCormick Company's future price movements. The chart of the probability distribution of McCormick Company daily returns describes the distribution of returns around its average expected value. We use McCormick Company Incorporated price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of McCormick Company returns is essential to provide solid investment advice for McCormick Company.
Mean Return
0.21
Value At Risk
-1.78
Potential Upside
2.89
Standard Deviation
1.86
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of McCormick Company historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

McCormick Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as McCormick Company is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading McCormick Company Incorporated backward and forwards among themselves. McCormick Company's institutional investor refers to the entity that pools money to purchase McCormick Company's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Morgan Stanley - Brokerage Accounts2023-09-30
3.2 M
Goldman Sachs Group Inc2023-09-30
2.5 M
Vaughan Nelson Scarbrgh & Mccullough Lp2023-09-30
2.2 M
Capital Research Global Investors2023-09-30
2.2 M
Bank Of New York Mellon Corp2023-09-30
2.1 M
Champlain Investment Partners, Llc2023-09-30
2.1 M
Proshare Advisors Llc2023-09-30
2.1 M
Legal & General Group Plc2023-09-30
1.9 M
Amvescap Plc.2023-09-30
1.8 M
Vanguard Group Inc2023-09-30
30.1 M
Blackrock Inc2023-09-30
18.6 M
Note, although McCormick Company's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

McCormick Company Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to McCormick Company or Food Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that McCormick Company's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a McCormick etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.17
β
Beta against NYSE Composite0.28
σ
Overall volatility
1.92
Ir
Information ratio 0.04

McCormick Company Volatility Alert

McCormick Company Incorporated has relatively low volatility with skewness of 2.81 and kurtosis of 13.93. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure McCormick Company's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact McCormick Company's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

McCormick Company Fundamentals Vs Peers

Comparing McCormick Company's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze McCormick Company's direct or indirect competition across all of the common fundamentals between McCormick Company and the related equities. This way, we can detect undervalued stocks with similar characteristics as McCormick Company or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of McCormick Company's fundamental indicators could also be used in its relative valuation, which is a method of valuing McCormick Company by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare McCormick Company to competition
FundamentalsMcCormick CompanyPeer Average
Price To Earning33.17 X3.15 X
Price To Book3.90 X0.39 X
Price To Sales3.04 X0.33 X
Beta0.72
Annual Yield0.02 %0.28 %
Five Year Return1.54 %1.12 %
Net Asset12.86 B2.29 B
Last Dividend Paid1.590.14
Note: Disposition of 155 shares by Ana Sanchez of McCormick Company subject to Rule 16b-3 [view details]

McCormick Company Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as McCormick . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About McCormick Company Buy or Sell Advice

When is the right time to buy or sell McCormick Company Incorporated? Buying financial instruments such as McCormick Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having McCormick Company in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Soft Drinks Thematic Idea Now

Soft Drinks
Soft Drinks Theme
Entities manufacturing and distributing non alcoholic beverages across different markets. The Soft Drinks theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Soft Drinks Theme or any other thematic opportunities.
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Check out McCormick Company Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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The market value of McCormick rporated is measured differently than its book value, which is the value of McCormick that is recorded on the company's balance sheet. Investors also form their own opinion of McCormick Company's value that differs from its market value or its book value, called intrinsic value, which is McCormick Company'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 McCormick Company's market value can be influenced by many factors that don't directly affect McCormick Company'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 McCormick Company's value and its price as these two are different measures arrived at by different means. Investors typically determine if McCormick Company is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McCormick Company'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.