Mccormick Company Incorporated Etf Price on December 30, 2020
| MKC Etf | USD 75.85 0.83 1.11% |
Below is the normalized historical share price chart for McCormick Company Incorporated extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of McCormick Company stands at 75.85, as last reported on the 24th of April, with the highest price reaching 76.00 and the lowest price hitting 73.68 during the day.
If you're considering investing in McCormick Etf, it is important to understand the factors that can impact its price. We consider McCormick Company very steady. McCormick rporated retains Efficiency (Sharpe Ratio) of 0.0921, which conveys that the entity had a 0.0921% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for McCormick Company, which you can use to evaluate the volatility of the etf. Please verify McCormick Company's Semi Deviation of 1.11, mean deviation of 1.22, and Market Risk Adjusted Performance of 0.6616 to check out if the risk estimate we provide is consistent with the expected return of 0.17%.
McCormick Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of April 1972 | 200 Day MA 72.2554 | 50 Day MA 70.7682 | Beta 0.728 |
McCormick |
Sharpe Ratio = 0.0921
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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.
Price Book 3.6811 | Enterprise Value Ebitda 19.0074 | Price Sales 2.8757 | Shares Float 266.6 M | Dividend Share 1.59 |
McCormick Company Valuation on December 30, 2020
It is possible to determine the worth of McCormick Company on a given historical date. On December 30, 2020 McCormick was worth 102.56 at the beginning of the trading date compared to the closed value of 97.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of McCormick Company etf. Still, in general, we apply an absolute valuation method to find McCormick Company's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of McCormick Company where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against McCormick Company's related companies.
| Open | High | Low | Close | Volume | |
04/11/2022 | 102.56 | 103.00 | 97.98 | 97.98 | 649,647 |
| 101.74 | 102.55 | 97.93 | 97.93 | 669,976 |
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McCormick Company Trading Date Momentum on December 30, 2020
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.McCormick rporated Fundamentals Correlations and Trends
By evaluating McCormick Company's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among McCormick Company's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. McCormick financial account trend analysis is a perfect complement when working with valuation or volatility modules.About McCormick Company Etf history
McCormick Company investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for McCormick is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in McCormick rporated will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing McCormick Company stock prices may prove useful in developing a viable investing in McCormick Company
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.
McCormick Company Etf Technical Analysis
McCormick Company technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
McCormick Company Period Price Range
Low | April 11, 2022
| High |
102.56 | 97.98 |
McCormick Company April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how McCormick Company etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading McCormick Company shares will generate the highest return on investment. By undertsting and applying McCormick Company etf market strength indicators, traders can identify McCormick Company Incorporated entry and exit signals to maximize returns
| Accumulation Distribution | 31662.41 | |||
| Daily Balance Of Power | (0.91) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 100.49 | |||
| Day Typical Price | 99.65 | |||
| Price Action Indicator | (4.80) | |||
| Period Momentum Indicator | (22.13) |
McCormick Company Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for McCormick Company's price direction in advance. Along with the technical and fundamental analysis of McCormick Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of McCormick to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0865 | |||
| Jensen Alpha | 0.2019 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1099 | |||
| Treynor Ratio | 0.6516 |
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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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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.