Jm Smucker Stock Market Value
| SJM Stock | USD 114.85 0.20 0.17% |
| Symbol | SJM |
JM Smucker Price To Book Ratio
Is JM Smucker'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 JM Smucker. If investors know SJM 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 JM Smucker listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.42) | Dividend Share 4.2 | Earnings Share (0.83) | Revenue Per Share 78.902 | Quarterly Revenue Growth 0.006 |
The market value of JM Smucker is measured differently than its book value, which is the value of SJM that is recorded on the company's balance sheet. Investors also form their own opinion of JM Smucker's value that differs from its market value or its book value, called intrinsic value, which is JM Smucker'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 JM Smucker's market value can be influenced by many factors that don't directly affect JM Smucker'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 JM Smucker's value and its price as these two are different measures arrived at by different means. Investors typically determine if JM Smucker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JM Smucker'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.
JM Smucker 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to JM Smucker's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of JM Smucker.
| 03/31/2024 |
| 04/30/2024 |
If you would invest 0.00 in JM Smucker on March 31, 2024 and sell it all today you would earn a total of 0.00 from holding JM Smucker or generate 0.0% return on investment in JM Smucker over 30 days. JM Smucker is related to or competes with Golden Agri, Fresh Del, Alico, SW Seed, Brasilagro Adr, Global Clean, and Golden Agri. Smucker Company manufactures and markets branded food and beverage products worldwide More
JM Smucker Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure JM Smucker's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess JM Smucker upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 6.14 | |||
| Value At Risk | (2.63) | |||
| Potential Upside | 1.98 |
JM Smucker Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JM Smucker's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JM Smucker's standard deviation. In reality, there are many statistical measures that can use JM Smucker historical prices to predict the future JM Smucker's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.50) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of JM Smucker'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.
JM Smucker Backtested Returns
JM Smucker retains Efficiency (Sharpe Ratio) of -0.13, which attests that the entity had a -0.13% return per unit of price deviation over the last 3 months. JM Smucker exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JM Smucker's Coefficient Of Variation of (789.71), market risk adjusted performance of (0.49), and Information Ratio of (0.17) to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.39, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, JM Smucker's returns are expected to increase less than the market. However, during the bear market, the loss of holding JM Smucker is expected to be smaller as well. JM Smucker has an expected return of -0.19%. Please make sure to check out JM Smucker potential upside, and the relationship between the jensen alpha and rate of daily change , to decide if JM Smucker performance from the past will be repeated sooner or later.
Auto-correlation | -0.6 |
Good reverse predictability
JM Smucker has good reverse predictability. Overlapping area represents the amount of predictability between JM Smucker time series from 31st of March 2024 to 15th of April 2024 and 15th of April 2024 to 30th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of JM Smucker price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current JM Smucker price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 9.59 |
JM Smucker lagged returns against current returns
Autocorrelation, which is JM Smucker stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting JM Smucker's stock expected returns. We can calculate the autocorrelation of JM Smucker returns to help us make a trade decision. For example, suppose you find that JM Smucker has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
JM Smucker regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If JM Smucker stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JM Smucker stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JM Smucker stock over time.
Current vs Lagged Prices |
| Timeline |
JM Smucker Lagged Returns
When evaluating JM Smucker's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JM Smucker stock have on its future price. JM Smucker autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, JM Smucker autocorrelation shows the relationship between JM Smucker stock current value and its past values and can show if there is a momentum factor associated with investing in JM Smucker.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether JM Smucker is a strong investment it is important to analyze JM Smucker's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JM Smucker's future performance. For an informed investment choice regarding SJM Stock, refer to the following important reports:Check out JM Smucker Correlation, JM Smucker Volatility and JM Smucker Alpha and Beta module to complement your research on JM Smucker. To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for SJM Stock analysis
When running JM Smucker's price analysis, check to measure JM Smucker'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 JM Smucker is operating at the current time. Most of JM Smucker's value examination focuses on studying past and present price action to predict the probability of JM Smucker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JM Smucker's price. Additionally, you may evaluate how the addition of JM Smucker to your portfolios can decrease your overall portfolio volatility.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |
JM Smucker 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.