Hormel Stock Alpha and Beta Analysis

HRL Stock  USD 45.64  0.40  0.88%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Hormel Foods. It also helps investors analyze the systematic and unsystematic risks associated with investing in Hormel Foods over a specified time horizon. Remember, high Hormel Foods' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please check Hormel Foods Backtesting, Hormel Foods Valuation, Hormel Foods Correlation, Hormel Foods Hype Analysis, Hormel Foods Volatility, Hormel Foods History and analyze Hormel Foods Performance.
Please note that although Hormel Foods alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Hormel Foods did 0.06  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Hormel Foods stock's relative risk over its benchmark. Hormel Foods has a beta of 0.32  . Let's try to break down what Hormel's beta means in this case. As returns on the market increase, Hormel Foods returns are expected to increase less than the market. However, during the bear market, the loss on holding Hormel Foods will be expected to be smaller as well.
Price to Book Value is expected to rise to 4.12 this year, although Book Value per Share will most likely fall to 12.82.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Enterprise Value

25.76 Billion

Hormel Foods Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Hormel Foods market risk premium is the additional return an investor will receive from holding Hormel Foods long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Hormel Foods. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Hormel Foods' performance over market.
α-0.06   β0.32
90 days against NYA

Hormel Foods expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Hormel Foods' Buy-and-hold return. Our buy-and-hold chart shows how Hormel Foods performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Hormel Foods Market Price Analysis

Market price analysis indicators help investors to evaluate how Hormel Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hormel Foods shares will generate the highest return on investment. By understating and applying Hormel Foods stock market price indicators, traders can identify Hormel Foods position entry and exit signals to maximize returns.

Hormel Foods Return and Market Media

The median price of Hormel Foods for the period between Wed, Nov 9, 2022 and Tue, Feb 7, 2023 is 46.1 with a coefficient of variation of 2.68. The daily time series for the period is distributed with a sample standard deviation of 1.24, arithmetic mean of 46.24, and mean deviation of 1.02. The Stock received a lot of media exposure during the period.
 Price Growth (%)  
EPS Reported11/30/2022
Payment of 500 shares by Wendy Watkins of Hormel Foods subje...12/06/2022
Acquisition by Wendy Watkins of 1922 shares of Hormel Foods ...12/08/2022
Hormel Foods Corp. stock falls Wednesday, still outperforms ...12/14/2022
SJS Investment Consulting Inc. Invests 19.76 Million in Horm...12/19/2022
Hormel Foods exotic insider transaction detected12/23/2022
Money Concepts Capital Corp Grows Position in Hormel Foods C...01/05/2023
With Rates Still Rising, 7 Highest-Yielding Dividend Kings M...01/13/2023
Global Processed Pork Meat Market - SIZE, SHARE, COVID-19 IM...01/17/2023
The Makers of the CHI-CHIS Brand Salsas Celebrate Biggest Fo...01/19/2023
Global Pork Market 2023 - 2028 Players Include JBS, Tyson Fo...01/25/2023
A Look At The Fair Value Of Hormel Foods Corporation01/27/2023
Snack market to grow by 5.62 percent Y-O-Y in 2023 Increasin...01/30/2023
Hormel Foods Named to Fortunes Worlds Most Admired Companies...02/01/2023
Hormel Foods Named to Fortunes Worlds Most Admired Companies...02/03/2023

About Hormel Foods Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Hormel or other stocks. Alpha measures the amount that position in Hormel Foods has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2015 2022 2023 (projected)
Long Term Debt to Equity0.160.430.46
Interest Coverage64.6325.8926.57

Hormel Foods Upcoming Company Events

As portrayed in its financial statements, the presentation of Hormel Foods' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hormel Foods' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Hormel Foods' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Hormel Foods. Please utilize our Beneish M Score to check the likelihood of Hormel Foods' management manipulating its earnings.
Upcoming Quarterly Report17th of February 2022
Next Financial Report19th of May 2022
Next Fiscal Quarter End31st of January 2022
Next Fiscal Year End8th of December 2022
Last Quarter Report31st of October 2021
Last Financial Announcement31st of January 2021

Build Portfolio with Hormel Foods

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Hormel Foods Backtesting, Hormel Foods Valuation, Hormel Foods Correlation, Hormel Foods Hype Analysis, Hormel Foods Volatility, Hormel Foods History and analyze Hormel Foods Performance. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

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Hormel Foods technical stock 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, stock market cycles, or different charting patterns.
A focus of Hormel Foods technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hormel Foods trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...