Mccormick Company Incorporated Etf Performance

MKC Etf  USD 75.87  0.85  1.13%   
The etf owns a Beta (Systematic Risk) of 0.36, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, McCormick Company's returns are expected to increase less than the market. However, during the bear market, the loss of holding McCormick Company is expected to be smaller as well.

Risk-Adjusted Performance

7 of 100

 
Weak
 
Strong
OK
Compared to the overall equity markets, risk-adjusted returns on investments in McCormick Company Incorporated are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile forward-looking signals, McCormick Company may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Forward Dividend Yield
0.0224
Payout Ratio
0.5934
Last Split Factor
2:1
Forward Dividend Rate
1.68
Dividend Date
2024-04-22
1
Disposition of 7413 shares by Brendan Foley of McCormick Company at 64.995 subject to Rule 16b-3
02/15/2024
2
Acquisition by Sarah Piper of tradable shares of McCormick Company subject to Rule 16b-3
02/27/2024
3
Element Capital Management LLC Lowers Stock Holdings in McCormick Company, Incorporated
03/05/2024
4
Disposition of 201 shares by Ana Sanchez of McCormick Company at 68.275 subject to Rule 16b-3
03/15/2024
5
McCormick Q1 Earnings Coming Up Factors to Note
03/21/2024
6
McCormick declares 0.42 dividend
03/27/2024
7
Disposition of 10000 shares by Patricia Little of McCormick Company at 49.96 subject to Rule 16b-3
04/01/2024
8
McCormick Company gains after Argus turns bullish
04/02/2024
9
Unveiling McCormick s Value Is It Really Priced Right A Comprehensive Guide
04/03/2024
10
Disposition of 212 shares by Sarah Piper of McCormick Company subject to Rule 16b-3
04/05/2024
11
Acquisition by Brendan Foley of tradable shares of McCormick Company subject to Rule 16b-3
04/08/2024
12
Is McCormick Company, Incorporateds Recent Stock Performance Influenced By Its Fundamentals In Any Way
04/16/2024
13
Avocados From Mexico is Ready to Guac Your World with the Ultimate Cinco De Licious Fiesta
04/18/2024
 
McCormick Company dividend paid on 22nd of April 2024
04/22/2024
14
Disposition of 7 shares by Andrew Foust of McCormick Company subject to Rule 16b-3
04/23/2024
Begin Period Cash Flow334 M
  

McCormick Company Relative Risk vs. Return Landscape

If you would invest  6,822  in McCormick Company Incorporated on January 25, 2024 and sell it today you would earn a total of  680.00  from holding McCormick Company Incorporated or generate 9.97% return on investment over 90 days. McCormick Company Incorporated is generating 0.1665% of daily returns assuming volatility of 1.8085% on return distribution over 90 days investment horizon. In other words, 16% of etfs are less volatile than McCormick, and above 97% of all equities are expected to generate higher returns over the next 90 days.
  Expected Return   
       Risk  
Considering the 90-day investment horizon McCormick Company is expected to generate 2.86 times more return on investment than the market. However, the company is 2.86 times more volatile than its market benchmark. It trades about 0.09 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.13 per unit of risk.

McCormick Company Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for McCormick Company's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as McCormick Company Incorporated, and traders can use it to determine the average amount a McCormick Company's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0921

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsMKC
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 1.81
  actual daily
16
84% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average McCormick Company is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of McCormick Company by adding it to a well-diversified portfolio.

McCormick Company Fundamentals Growth

McCormick Etf prices reflect investors' perceptions of the future prospects and financial health of McCormick Company, and McCormick Company fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on McCormick Etf performance.

About McCormick Company Performance

To evaluate McCormick rporated Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when McCormick Company generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare McCormick Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand McCormick rporated market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents McCormick's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
McCormick Company, Incorporated manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavorful products to the food industry. Mccormick is listed under Packaged Foods in the United States and is traded on New York Stock Exchange exchange.
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 89.0% of McCormick Company shares are owned by institutional investors
On 22nd of April 2024 McCormick Company paid $ 0.42 per share dividend to its current shareholders
Latest headline from investing.com: Disposition of 7 shares by Andrew Foust of McCormick Company subject to Rule 16b-3
The fund maintains all of the assets in different exotic instruments
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 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.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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.