The main objective of Hanover Foods pink sheet analysis is to determine its intrinsic value, which is an estimate of what Hanover Foods is worth, separate from its market price. There are two main types of Hanover Foods' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Hanover Foods' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Hanover Foods' stock to identify patterns and trends that may indicate its future price movements.
The Hanover Foods pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Hanover Foods is usually not traded on Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Veterans Day ( substitute day ), Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday. Hanover Pink Sheet trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Hanover Foods' ongoing operational relationships across important fundamental and technical indicators.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 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.
Hanover Pink Sheet Analysis NotesThe company recorded earning per share (EPS) of 15.73. Hanover Foods last dividend was issued on the 9th of February 2023. Hanover Foods Corporation engages in processing, packaging, and selling fresh canned and frozen products. The company was founded in 1924 and is based in Hanover, Pennsylvania. Hanover Foods operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 2205 people.The quote for Hanover Foods is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about Hanover Foods call John Warehime at 717-632-6000 or check out https://www.hanoverfoods.com.
Hanover Foods Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more pink sheets at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Hanover Foods' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Hanover Foods or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Hanover Foods Thematic Classifications
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Hanover Market CapitalizationThe company currently falls under 'Micro-Cap' category with a current market capitalization of 56.97 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hanover Foods's market, we take the total number of its shares issued and multiply it by Hanover Foods's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Hanover Foods' profitability indicators refer to fundamental financial ratios that showcase Hanover Foods' ability to generate income relative to its revenue or operating costs. If, let's say, Hanover Foods is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Hanover Foods' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Hanover Foods' profitability requires more research than a typical breakdown of Hanover Foods' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.The company has Profit Margin (PM) of 0.04 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.06 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.06.
Technical DriversAs of the 25th of September, Hanover Foods retains the Market Risk Adjusted Performance of 0.4509, risk adjusted performance of (0.07), and Standard Deviation of 0.461. Hanover Foods technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We are able to interpolate and collect eleven technical drivers for Hanover Foods, which can be compared to its competitors. Please check out Hanover Foods variance and maximum drawdown to decide if Hanover Foods is priced fairly, providing market reflects its last-minute price of 52.0 per share. Given that Hanover Foods has variance of 0.2125, we strongly advise you to confirm Hanover Foods's regular market performance to make sure the company can sustain itself at a future point.
Hanover Foods Price Movement Analysis
Hanover Foods Technical and Predictive Indicators
Hanover Foods Forecast ModelsHanover Foods' time-series forecasting models are one of many Hanover Foods' pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Hanover Foods' 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 market movement and maximize returns from investment trading.
About Hanover Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Hanover Foods prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Hanover shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Hanover Foods. By using and applying Hanover Pink Sheet analysis, traders can create a robust methodology for identifying Hanover entry and exit points for their positions.
Be your own money managerAs an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Hanover Foods to your portfolios without increasing risk or reducing expected return.
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in 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. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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.