Mccormick Company Incorporated Etf Probability of Future Etf Price Finishing Over 169.94

MKC Etf  USD 76.81  0.78  1.03%   
McCormick Company's implied volatility is one of the determining factors in the pricing options written on McCormick Company Incorporated. Implied volatility approximates the future value of McCormick Company based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in McCormick Company Incorporated over a specific time period. For example, 2024-04-19 CALL at $75.0 is a CALL option contract on McCormick Company's common stock with a strick price of 75.0 expiring on 2024-04-19. The contract was last traded on 2024-03-27 at 15:56:55 for $1.7 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $1.75, and an ask price of $1.9. The implied volatility as of the 28th of March is 15.53. View All McCormick options

Closest to current price McCormick long CALL Option Payoff at Expiration

McCormick Company's future price is the expected price of McCormick Company instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of McCormick Company Incorporated performance during a given time horizon utilizing its historical volatility. Check out McCormick Company Backtesting, Portfolio Optimization, McCormick Company Correlation, McCormick Company Hype Analysis, McCormick Company Volatility, McCormick Company History as well as McCormick Company Performance.
  
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McCormick Company Target Price Odds to finish over 169.94

The tendency of McCormick Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 169.94  or more in 90 days
 76.81 90 days 169.94 
close to zero percent
Based on a normal probability distribution, the odds of McCormick Company to move over $ 169.94  or more in 90 days from now is close to zero percent (This McCormick Company Incorporated probability density function shows the probability of McCormick Etf to fall within a particular range of prices over 90 days) . Probability of McCormick rporated price to stay between its current price of $ 76.81  and $ 169.94  at the end of the 90-day period is near 1 .
Considering the 90-day investment horizon McCormick Company has a beta of 0.27. This indicates as returns on the market go up, McCormick Company average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding McCormick Company Incorporated will be expected to be much smaller as well. Additionally McCormick Company Incorporated has an alpha of 0.1544, implying that it can generate a 0.15 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   McCormick Company Price Density   
       Price  

Predictive Modules for McCormick Company

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as McCormick rporated. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
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.
Hype
Prediction
LowEstimatedHigh
73.9875.9177.84
Details
Intrinsic
Valuation
LowRealHigh
74.2176.1478.07
Details
Naive
Forecast
LowNextHigh
75.5877.5179.44
Details
18 Analysts
Consensus
LowTargetHigh
70.9878.0086.58
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as McCormick Company. Your research has to be compared to or analyzed against McCormick Company's peers to derive any actionable benefits. When done correctly, McCormick Company's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in McCormick rporated.

McCormick Company Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. McCormick Company is not an exception. The market had few large corrections towards the McCormick Company's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold McCormick Company Incorporated, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of McCormick Company within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.15
β
Beta against NYSE Composite0.27
σ
Overall volatility
2.14
Ir
Information ratio 0.03

McCormick Company Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of McCormick Company for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for McCormick rporated can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
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 seekingalpha.com: McCormick declares 0.42 dividend
The fund maintains all of the assets in different exotic instruments

McCormick Company Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of McCormick Etf often depends not only on the future outlook of the current and 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 Outstanding269.8 M
Cash And Short Term Investments166.6 M

McCormick Company Technical Analysis

McCormick Company's future price can be derived by breaking down and analyzing its technical indicators over time. McCormick Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of McCormick Company Incorporated. In general, you should focus on analyzing McCormick Etf price patterns and their correlations with different microeconomic environments and drivers.

McCormick Company Predictive Forecast Models

McCormick Company's time-series forecasting models is one of many McCormick Company's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary McCormick Company's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.

Things to note about McCormick rporated

Checking the ongoing alerts about McCormick Company for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for McCormick rporated help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
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 seekingalpha.com: McCormick declares 0.42 dividend
The fund maintains all of the assets in different exotic instruments

Complementary Tools for McCormick Etf analysis

When running McCormick Company's price analysis, check to measure McCormick Company'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 McCormick Company is operating at the current time. Most of McCormick Company's value examination focuses on studying past and present price action to predict the probability of McCormick Company's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McCormick Company's price. Additionally, you may evaluate how the addition of McCormick Company to your portfolios can decrease your overall portfolio volatility.
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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.