McCormick Company Competition

MKC Etf  USD 76.03  1.27  1.64%   
McCormick rporated competes with Kellanova, Bunge, Mondelez International, Lamb Weston, and Altria; as well as few others. The company runs under Food Products sector within Consumer Staples industry. Analyzing McCormick Company competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of McCormick Company to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out McCormick Company Correlation with its peers.
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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.
Hype
Prediction
LowEstimatedHigh
73.9875.9177.84
Details
Intrinsic
Valuation
LowRealHigh
74.2176.1478.07
Details
Naive
Forecast
LowNextHigh
75.5877.5179.44
Details
18 Analysts
Consensus
LowTargetHigh
70.9878.0086.58
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as McCormick Company. Your research has to be compared to or analyzed against McCormick Company's peers to derive any actionable benefits. When done correctly, McCormick Company's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in McCormick rporated.

McCormick Company Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between McCormick Company and its competitors represents the degree of relationship between the price movements of corresponding etfs. A correlation of about +1.0 implies that the price of McCormick and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of McCormick rporated does not affect the price movement of the other competitor.
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McCormick Company Competition Risk-Adjusted Indicators

There is a big difference between McCormick Etf performing well and McCormick Company ETF doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze McCormick Company's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
META  1.68  0.66  0.28 (0.73) 1.13 
 3.34 
 24.74 
MSFT  0.88  0.06  0.05  0.18  0.90 
 2.11 
 5.31 
UBER  1.60  0.13  0.15  0.19  1.41 
 2.83 
 18.39 
F  1.48 (0.12) 0.01  0.07  1.61 
 4.07 
 9.61 
T  0.98  0.07 (0.01) 0.31  1.16 
 2.20 
 6.58 
A  1.10 (0.10)(0.02) 0.06  1.43 
 2.27 
 5.92 
CRM  1.16  0.02  0.04  0.14  1.29 
 2.85 
 8.93 
JPM  0.66  0.17  0.20  0.33  0.30 
 1.73 
 3.96 
MRK  0.70  0.24  0.29  0.46  0.00 
 1.95 
 6.92 
XOM  0.87  0.13  0.07  0.35  0.79 
 2.04 
 4.66 

McCormick Company Competitive Analysis

The better you understand McCormick Company competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, McCormick Company's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across McCormick Company's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
MKCKBGMDLZLWMOPMTRDOLEMNTN
 1.64 
 76.03 
McCormick
 1.36 
 56.65 
Kellanova
 0.82 
 103.26 
Bunge
 0.09 
 70.10 
Mondelez
 0.66 
 106.30 
Lamb
 1.25 
 43.66 
Altria
 2.05 
 92.23 
Philip
 0.38 
 31.96 
Tootsie
 1.25 
 11.81 
Dole
 0.09 
 11.16 
Everest
Market Volatility
(90 Days Market Risk)
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(90 Days Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
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(Equity Enterprise Value)
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(Average Analysts Consensus)
Not Available
Trade Advice
(90 Days Macroaxis Advice)
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Value At Risk
Expected Short fall
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McCormick Company Competition Performance Charts

Five steps to successful analysis of McCormick Company Competition

McCormick Company's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by McCormick rporated in relation to its competition. McCormick Company's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of McCormick Company in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact McCormick Company's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to McCormick rporated, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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ISP Theme
Internet Service Providers (ISP) companies and IT providers specializing in internet technologies. The ISP theme has 44 constituents at this time.
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Check out McCormick Company Correlation with its peers.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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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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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.