Hanover Foods Stock Buy Hold or Sell Recommendation

HNFSB Stock  USD 61.72  0.00  0.00%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Hanover Foods is 'Hold'. Macroaxis provides Hanover Foods buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HNFSB positions. The advice algorithm takes into account all of Hanover Foods' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Osisko Gold Ro's buy or sell advice are summarized below:
Real Value
61.72
Hype Value
61.72
Market Value
61.72
Naive Value
61.72
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Hanover Foods given historical horizon and risk tolerance towards Hanover Foods. When Macroaxis issues a 'buy' or 'sell' recommendation for Hanover Foods, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Hanover Foods Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Hanover and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Hanover Foods. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Execute Hanover Foods Buy or Sell Advice

The Hanover recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Hanover Foods. Macroaxis does not own or have any residual interests in Hanover Foods or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Hanover Foods' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Hanover FoodsBuy Hanover Foods
Not Rated
For the selected time horizon Hanover Foods has a Return On Equity of 0.12, Return On Asset of 0.0597, Profit Margin of 0.04 %, Operating Margin of 0.06 %, Current Valuation of 135.42 M and Shares Outstanding of 781.65 K
Macroaxis provides unbiased trade recommendations on Hanover Foods that should be used to complement current analysts and expert consensus on Hanover Foods. Our advice engine determines the entity's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Hanover Foods is not overpriced, please check out all Hanover Foods fundamentals, including its price to sales, cash per share, number of employees, as well as the relationship between the ebitda and book value per share . Given that Hanover Foods has a price to earning of 3.37 X, we strongly advise you to confirm Hanover Foods market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Hanover Foods Trading Alerts and Improvement Suggestions

Hanover Foods generated a negative expected return over the last 90 days

Hanover Foods Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Hanover Foods or Consumer Defensive sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Hanover Foods' price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Hanover pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.00
β
Beta against NYSE Composite0.00
σ
Overall volatility
0.00
Ir
Information ratio 0.00

Hanover Foods Volatility Alert

Hanover Foods exhibits very low volatility. However, we advise investors to further study Hanover Foods technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hanover Foods' pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hanover Foods' pink sheet price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Hanover Foods Fundamentals Vs Peers

Comparing Hanover Foods' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Hanover Foods' direct or indirect competition across all of the common fundamentals between Hanover Foods and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hanover Foods or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Hanover Foods' fundamental indicators could also be used in its relative valuation, which is a method of valuing Hanover Foods by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Hanover Foods to competition
FundamentalsHanover FoodsPeer Average
Return On Equity0.12-0.31
Return On Asset0.0597-0.14
Profit Margin0.04 %(1.27) %
Operating Margin0.06 %(5.51) %
Current Valuation135.42 M16.62 B
Shares Outstanding781.65 K571.82 M
Shares Owned By Institutions0.07 %39.21 %
Price To Earning3.37 X28.72 X
Price To Sales0.17 X11.42 X
Revenue318.03 M9.43 B
Gross Profit47.05 M27.38 B
EBITDA29.26 M3.9 B
Net Income11.44 M570.98 M
Cash And Equivalents2.62 M2.7 B
Cash Per Share2.45 X5.01 X
Debt To Equity0.59 %48.70 %
Current Ratio1.53 X2.16 X
Book Value Per Share87.62 X1.93 K
Cash Flow From Operations15.64 M971.22 M
Earnings Per Share15.73 X3.12 X
Number Of Employees2.21 K18.84 K
Beta0.47-0.15
Market Capitalization56.97 M19.03 B
Total Asset199.39 M29.47 B
Z Score1.08.72
Annual Yield0.02 %
Net Asset199.39 M
Last Dividend Paid1.1

Hanover Foods Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Hanover . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Hanover Foods Buy or Sell Advice

When is the right time to buy or sell Hanover Foods? Buying financial instruments such as Hanover Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Hanover Foods in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Small Value Funds Thematic Idea Now

Small Value Funds
Small Value Funds Theme
Funds or Etfs that invest in the undervalued stocks of small to mid-sized companies. The Small Value Funds theme has 35 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Value Funds Theme or any other thematic opportunities.
View All  Next Launch
Check out Hanover Foods Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Hanover Pink Sheet analysis

When running Hanover Foods' price analysis, check to measure Hanover Foods' 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 Hanover Foods is operating at the current time. Most of Hanover Foods' value examination focuses on studying past and present price action to predict the probability of Hanover Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hanover Foods' price. Additionally, you may evaluate how the addition of Hanover Foods to your portfolios can decrease your overall portfolio volatility.
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
CEOs Directory
Screen CEOs from public companies around the world
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Stocks Directory
Find actively traded stocks across global markets
Please note, there is a significant difference between Hanover Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanover Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanover Foods' 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.