Cal Shareholders Equity from 2010 to 2024

CALM Stock  USD 58.85  0.23  0.39%   
Check Cal Maine financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cal main balance sheet or income statement drivers, such as Depreciation And Amortization of 87.2 M, Interest Expense of 498.5 K or Selling General Administrative of 91.2 M, as well as many exotic indicators such as Short Term Coverage Ratios of 16.14, Price Earnings Ratio of 27.94 or Price To Sales Ratio of 0.64. Cal financial statements analysis is a perfect complement when working with Cal Maine Valuation or Volatility modules.
  
This module can also supplement Cal Maine's financial leverage analysis and stock options assessment as well as various Cal Maine Technical models . Check out the analysis of Cal Maine Correlation against competitors.

About Cal Maine Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Cal Maine income statement, its balance sheet, and the statement of cash flows. Cal Maine investors use historical funamental indicators, such as Cal Maine's Shareholders Equity, to determine how well the company is positioned to perform in the future. Although Cal Maine investors may use each financial statement separately, they are all related. The changes in Cal Maine's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cal Maine's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cal Maine Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cal Maine. Please read more on our technical analysis and fundamental analysis pages.
Cal-Maine Foods, Inc., together with its subsidiaries, produces, grades, packages, markets, and distributes shell eggs. Cal-Maine Foods, Inc. was founded in 1957 and is headquartered in Ridgeland, Mississippi. Cal-Maine Foods operates under Farm Products classification in the United States and is traded on NASDAQ Exchange. It employs 2845 people.

Pair Trading with Cal Maine

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cal Maine position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cal Maine will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cal Stock

  0.62BOF BranchOut Food CommonPairCorr

Moving against Cal Stock

  0.77PAVS Paranovus EntertainmentPairCorr
  0.76IH IhumanIncPairCorr
  0.74HPCO Hempacco Report 10th of May 2024 PairCorr
  0.7SAM Boston Beer Financial Report 25th of April 2024 PairCorr
  0.62ABEV Ambev SA ADR Financial Report 2nd of May 2024 PairCorr
The ability to find closely correlated positions to Cal Maine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cal Maine when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cal Maine - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cal Maine Foods to buy it.
The correlation of Cal Maine is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cal Maine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cal-Maine Foods moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cal Maine can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cal-Maine Foods is a strong investment it is important to analyze Cal Maine'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 Cal Maine's future performance. For an informed investment choice regarding Cal Stock, refer to the following important reports:
Check out the analysis of Cal Maine Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for Cal Stock analysis

When running Cal Maine's price analysis, check to measure Cal Maine'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 Cal Maine is operating at the current time. Most of Cal Maine's value examination focuses on studying past and present price action to predict the probability of Cal Maine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cal Maine's price. Additionally, you may evaluate how the addition of Cal Maine to your portfolios can decrease your overall portfolio volatility.
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Is Cal Maine'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 Cal Maine. If investors know Cal 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 Cal Maine 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
(0.91)
Dividend Share
3.081
Earnings Share
9.26
Revenue Per Share
54.821
Quarterly Revenue Growth
(0.35)
The market value of Cal-Maine Foods is measured differently than its book value, which is the value of Cal that is recorded on the company's balance sheet. Investors also form their own opinion of Cal Maine's value that differs from its market value or its book value, called intrinsic value, which is Cal Maine'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 Cal Maine's market value can be influenced by many factors that don't directly affect Cal Maine'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 Cal Maine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cal Maine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cal Maine'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.