Mccormick Company Incorporated Preferred Stock Probability of Future Preferred Stock Price Finishing Under 73.25
| MKC-V Preferred Stock | USD 75.86 0.55 0.73% |
McCormick |
McCormick Company Target Price Odds to finish below 73.25
The tendency of McCormick Preferred Stock 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 Price | Horizon | Target Price | Odds to drop to $ 73.25 or more in 90 days |
| 75.86 | 90 days | 73.25 | about 74.52 |
Based on a normal probability distribution, the odds of McCormick Company to drop to $ 73.25 or more in 90 days from now is about 74.52 (This McCormick Company Incorporated probability density function shows the probability of McCormick Preferred Stock to fall within a particular range of prices over 90 days) . Probability of McCormick rporated price to stay between $ 73.25 and its current price of $75.86 at the end of the 90-day period is about 15.52 .
Assuming the 90 days horizon McCormick Company has a beta of 0.21. 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 0.1816, implying that it can generate a 0.18 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 preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred stock 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.
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 | 0.18 | |
β | Beta against NYSE Composite | 0.21 | |
σ | Overall volatility | 4.15 | |
Ir | Information ratio | 0.08 |
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.| McCormick rporated has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 3.64 B in total debt with debt to equity ratio (D/E) of 138.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. McCormick rporated has a current ratio of 0.77, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become 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. | |
| About 21.0% of McCormick Company outstanding shares are owned by corporate insiders |
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 Preferred Stock 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 Outstanding | 268 M | |
| Cash And Short Term Investments | 334 M |
McCormick Company Technical Analysis
McCormick Company's future price can be derived by breaking down and analyzing its technical indicators over time. McCormick Preferred Stock 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 Preferred Stock 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 preferred stock 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 preferred stock 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.
| McCormick rporated has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 3.64 B in total debt with debt to equity ratio (D/E) of 138.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. McCormick rporated has a current ratio of 0.77, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become 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. | |
| About 21.0% of McCormick Company outstanding shares are owned by corporate insiders |
Check out McCormick Company Backtesting, McCormick Company Valuation, McCormick Company Correlation, McCormick Company Hype Analysis, McCormick Company Volatility, McCormick Company History as well as McCormick Company Performance. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for McCormick Preferred Stock 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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