Hershey Co Stock Alpha and Beta Analysis
| HSY Stock | USD 187.08 0.75 0.40% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Hershey Co. It also helps investors analyze the systematic and unsystematic risks associated with investing in Hershey over a specified time horizon. Remember, high Hershey's 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. Key technical indicators related to Hershey's market risk premium analysis include:
Beta 0.45 | Alpha (0.06) | Risk 1.53 | Sharpe Ratio (0) | Expected Return (0) |
Hershey Quarterly Cash And Equivalents |
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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 |
Hershey Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Hershey market risk premium is the additional return an investor will receive from holding Hershey 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. 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's performance over market.| α | -0.06 | β | 0.45 |
Hershey 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's Buy-and-hold return. Our buy-and-hold chart shows how Hershey performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Hershey Market Price Analysis
Market price analysis indicators help investors to evaluate how Hershey 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 shares will generate the highest return on investment. By understating and applying Hershey stock market price indicators, traders can identify Hershey position entry and exit signals to maximize returns.
Hershey Return and Market Media
The median price of Hershey for the period between Wed, Jan 24, 2024 and Tue, Apr 23, 2024 is 192.83 with a coefficient of variation of 2.4. The daily time series for the period is distributed with a sample standard deviation of 4.62, arithmetic mean of 192.14, and mean deviation of 3.71. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
| Hershey dividend paid on 15th of March 2024 | 03/15/2024 |
1 | These 2 Consumer Staples Stocks Could Beat Earnings Why They Should Be on Your Radar | 03/26/2024 |
2 | Hershey Stock Falls Amid Market Uptick What Investors Need to Know | 04/05/2024 |
3 | Inside Trumps plan to fight anti-white racism in the White House | 04/09/2024 |
4 | Inflation Grocery prices reaccelerate, now 25 percent higher than pre-pandemic | 04/10/2024 |
5 | Cocoa Prices Climb as Signs of Buyers Financial Stress Emerge | 04/11/2024 |
6 | Hershey Sees a More Significant Dip Than Broader Market Some Facts to Know | 04/12/2024 |
7 | What Makes The Hershey Company a Lucrative Investment | 04/15/2024 |
8 | Wells Fargo cuts Hershey stock price target, awaits greater EPS visibility ahead | 04/17/2024 |
9 | Kimberly-Clark Q1 Earnings Coming Up Is a Beat Likely | 04/18/2024 |
10 | The Hershey Companys Intrinsic Value Is Potentially 29 percent Above Its Share Price | 04/19/2024 |
About Hershey 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 financial instruments including Hershey or other stocks. Alpha measures the amount that position in Hershey 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0172 | 0.0163 | 0.0233 | 0.0167 | Price To Sales Ratio | 4.46 | 4.57 | 3.42 | 1.79 |
Hershey Upcoming Company Events
As portrayed in its financial statements, the presentation of Hershey's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hershey's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Hershey's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Hershey. Please utilize our Beneish M Score to check the likelihood of Hershey's management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Hershey
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Hershey Backtesting, Hershey Valuation, Hershey Correlation, Hershey Hype Analysis, Hershey Volatility, Hershey History and analyze Hershey Performance. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Hershey Stock analysis
When running Hershey's price analysis, check to measure Hershey'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 Hershey is operating at the current time. Most of Hershey's value examination focuses on studying past and present price action to predict the probability of Hershey's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hershey's price. Additionally, you may evaluate how the addition of Hershey to your portfolios can decrease your overall portfolio volatility.
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Hershey 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.