Mccormick Company Incorporated Etf Price Prediction
| MKC Etf | USD 75.85 0.83 1.11% |
Oversold Vs Overbought
59
Oversold | Overbought |
McCormick rporated etf price prediction is an act of determining the future value of McCormick Company shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of McCormick Company's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of McCormick Company and does not consider all of the tangible or intangible factors available from McCormick Company's fundamental data. We analyze noise-free headlines and recent hype associated with McCormick Company Incorporated, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting McCormick Company's stock price prediction:Quarterly Earnings Growth 0.193 | EPS Estimate Current Year 2.87 | EPS Estimate Next Year 3.08 | Wall Street Target Price 76.72 | EPS Estimate Current Quarter 0.58 |
It is a matter of debate whether etf price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of McCormick Company based on different types of headlines from major news networks to social media. The McCormick price prediction module provides an analysis of price elasticity to changes in media outlook on McCormick Company over a specific investment horizon. Using McCormick Company hype-based prediction, you can estimate the value of McCormick Company Incorporated from the perspective of McCormick Company response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards McCormick Company using McCormick Company's stock options and short interest. It helps to benchmark the overall future attitude of investors towards McCormick using crowd psychology based on the activity and movement of McCormick Company's stock price.
McCormick Company Implied Volatility | 22.3 |
McCormick Company's implied volatility exposes the market's sentiment of McCormick Company Incorporated stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if McCormick Company's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that McCormick Company stock will not fluctuate a lot when McCormick Company's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in McCormick Company. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in McCormick Company to buy its etf at a price that has no basis in reality. In that case, they are not buying McCormick because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell etfs at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
McCormick Company after-hype prediction price | USD 75.02 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as etf price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current McCormick contract
Based on the Rule 16, the options market is currently suggesting that McCormick Company Incorporated will have an average daily up or down price movement of about 1.39% per day over the life of the 2024-05-17 option contract. With McCormick Company trading at USD 75.85, that is roughly USD 1.06 . If you think that the market is fully incorporating McCormick Company's daily price movement you should consider acquiring McCormick Company Incorporated options at the current volatility level of 22.3%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
McCormick |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of McCormick Company'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.
McCormick Company After-Hype Price Prediction Density Analysis
As far as predicting the price of McCormick Company at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in McCormick Company or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Etf prices, such as prices of McCormick Company, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
McCormick Company Estimiated After-Hype Price Volatility
In the context of predicting McCormick Company's etf value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on McCormick Company's historical news coverage. McCormick Company's after-hype downside and upside margins for the prediction period are 73.21 and 76.83, respectively. We have considered McCormick Company's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
McCormick Company is very steady at this time. Analysis and calculation of next after-hype price of McCormick rporated is based on 3 months time horizon.
McCormick Company Etf Price Prediction Analysis
Have you ever been surprised when a price of a ETF such as McCormick Company is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading McCormick Company backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Etf price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with McCormick Company, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.18 | 1.81 | 0.05 | 0.01 | 10 Events / Month | 6 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
75.85 | 75.02 | 0.00 |
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McCormick Company Hype Timeline
On the 24th of April McCormick rporated is traded for 75.85. The entity has historical hype elasticity of 0.05, and average elasticity to hype of competition of -0.01. McCormick is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is now at 0.18%. %. The volatility of related hype on McCormick Company is about 3090.24%, with the expected price after the next announcement by competition of 75.84. About 89.0% of the company shares are owned by institutional investors. The book value of McCormick Company was now reported as 19.49. The company has Price/Earnings To Growth (PEG) ratio of 2.48. McCormick rporated last dividend was issued on the 5th of April 2024. The entity had 2:1 split on the 1st of December 2020. Considering the 90-day investment horizon the next forecasted press release will be in about 10 days. Check out McCormick Company Basic Forecasting Models to cross-verify your projections.McCormick Company Related Hype Analysis
Having access to credible news sources related to McCormick Company's direct competition is more important than ever and may enhance your ability to predict McCormick Company's future price movements. Getting to know how McCormick Company's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how McCormick Company may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CAG | ConAgra Foods | 0.14 | 10 per month | 1.11 | 0.05 | 2.27 | (2.17) | 7.74 | |
| CPB | Campbell Soup | 0.61 | 12 per month | 1.38 | (0.01) | 2.05 | (2.45) | 5.34 | |
| K | Kellanova | (0.26) | 8 per month | 1.07 | 0.02 | 2.17 | (1.87) | 4.97 | |
| GIS | General Mills | 0.33 | 9 per month | 1.09 | 0.08 | 2.02 | (1.96) | 5.31 | |
| HRL | Hormel Foods | (0.15) | 10 per month | 1.48 | 0.07 | 1.83 | (2.19) | 20.06 | |
| SJM | JM Smucker | (1.20) | 12 per month | 0.00 | (0.15) | 1.98 | (2.43) | 5.58 | |
| KHC | Kraft Heinz Co | 0.12 | 8 per month | 1.23 | (0.03) | 1.81 | (1.39) | 7.15 |
McCormick Company Additional Predictive Modules
Most predictive techniques to examine McCormick price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for McCormick using various technical indicators. When you analyze McCormick charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About McCormick Company Predictive Indicators
The successful prediction of McCormick Company stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as McCormick Company Incorporated, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of McCormick Company based on analysis of McCormick Company hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to McCormick Company's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to McCormick Company's related companies. Story Coverage note for McCormick Company
The number of cover stories for McCormick Company depends on current market conditions and McCormick Company's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that McCormick Company is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about McCormick Company's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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McCormick Company Short Properties
McCormick Company's future price predictability will typically decrease when McCormick Company's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of McCormick Company Incorporated often depends not only on the future outlook of the potential McCormick Company's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. McCormick Company's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 269.8 M | |
| Cash And Short Term Investments | 166.6 M |
Check out McCormick Company Basic Forecasting Models to cross-verify your projections. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.