Food Retail Industry Stocks($KR, $ACI, $ASAI...) Surge: An Average Monthly Gain of 13.79%
The food retail industry encompasses businesses that vend a diverse range of products, from basic grocery items and gourmet delights to fresh produce and frozen delights. Notable giants in this sector include Kroger Co., George Weston Ltd., Grocery Outlet Holding Corp., and Sprouts Farmers Markets, Inc. While the digital age has seen e-commerce behemoths like Amazon extending their reach into the food retail segment, traditional stalwarts aren't backing down. They've ramped up their digital game, ensuring they remain formidable contenders in the e-commerce battleground.
Tickers in Industry - $KR, $IMKTA, $VLGEA, $WMK, $NGVC, $SFM, $GO, $ACI, $ASAI, $MF, $DDL, $DNUT
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Market Capitalization Dynamics
A glimpse at the market capitalization reflects the vast range in the size of companies operating within this industry. The average market cap stands at a robust $5.4B. Delving deeper, Kroger (KR) holds the crown for the highest valuation at an impressive $34.4B. On the other end of the spectrum, Missfresh (MF) registers as the smallest fish in this vast ocean with a market cap of just $14.7M.
Pulse on Price Movements
The financial markets are always in flux, and the food retail industry is no exception. Recent data paints an intriguing picture:
- Average weekly price growth across all stocks in this group was -3.34%.
- However, the monthly statistics tell a different story, with the average price surge being a notable 17.1%.
- GO takes the prize for the highest price appreciation, registering a 2.53% uptick.
- On the flip side, Missfresh (MF) experienced the sharpest decline at -14.62%.
A few newsworthy mentions include:
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Missfresh: Despite its recent decline, the company made headlines as a top weekly gainer for penny stocks, with a sharp ascent of +16.13% on 7/28/23.
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Krispy Kreme (DNUT): Another noteworthy mention is the sweet rise of Krispy Kreme, which saw its stocks climb by +8.04% as of 7/13/23.
Volume Insights
Trade volume often gives an insight into the investor sentiment and market activity surrounding a stock. Here's a snapshot of the group's volume metrics:
- The industry posted an average weekly volume growth of 12.02%.
- The monthly and quarterly figures stand at 71.33% and 310.75%, respectively.
Highlighting a few volume spikes:
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Missfresh: On 8/3/23, the trading volume for this stock soared, witnessing a jaw-dropping daily growth of 1,294% compared to its 65-Day Volume Moving Average.
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Krispy Kreme (DNUT): Not lagging too far behind, Krispy Kreme too saw a daily volume surge of 314% of its 65-Day Volume Moving Average on 6/24/23.
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Albertsons Companies: On 6/1/23, Albertsons had its day under the sun with its volume skyrocketing to a daily growth of 379% compared to the 65-Day Volume Moving Average.
Fundamental Analysis Ratings
When it comes to the fundamental health of these businesses, a ratings scale where 1 signifies the best and 100 the worst, offers insights. The average ratings for these companies are as follows:
To sum it up, the food retail industry is pulsating with activity, driven by both traditional retailers and e-commerce titans. The impressive monthly gain is a testament to the sector's resilience and potential for future growth.
KR - On August 08, 2023, the 10-day RSI Oscillator for KR exited its overbought position, hinting at a potential transition from a bullish to bearish trend. Investors might consider divesting or exploring put options. Historical data from Tickeron's A.I.dvisor shows that in 65% of 34 observed scenarios where the RSI departed the overbought zone, the stock subsequently trended lower. This suggests a 65% likelihood of a descending move in the upcoming days.
IMKTA - On August 14, 2023, IMKTA's 10-day Moving Average dipped below its 50-day counterpart, signaling a potential bearish trend. Historically, such a crossover has often led to a continued descent: in 8 out of 12 past occurrences, the stock declined further over the subsequent month. Based on these past patterns, there's a 67% probability of IMKTA maintaining this downward momentum. Investors might approach with caution.
VLGEA - On August 01, 2023, VLGEA surpassed its upper Bollinger Band, often a precursor to a potential price correction. Historically, when such a breach occurs, the stock tends to retract toward the middle band. A review of 40 past events where VLGEA exceeded its upper band showed that in 28 instances, a decline followed. With a 70% likelihood based on these precedents, investors might contemplate defensive strategies, such as selling shares or exploring put options.
KR in upward trend: price may jump up because it broke its lower Bollinger Band on September 27, 2023
KR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 37 cases where KR's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where KR's RSI Indicator exited the oversold zone, of 21 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KR advanced for three days, in of 335 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 26, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on KR as a result. In of 92 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for KR turned negative on September 27, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 54 similar instances when the indicator turned negative. In of the 54 cases the stock turned lower in the days that followed. This puts the odds of success at .
The 10-day moving average for KR crossed bearishly below the 50-day moving average on August 25, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where KR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for KR entered a downward trend on September 19, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.053) is normal, around the industry mean (4.312). P/E Ratio (20.121) is within average values for comparable stocks, (27.905). Projected Growth (PEG Ratio) (1.612) is also within normal values, averaging (2.727). Dividend Yield (0.024) settles around the average of (0.027) among similar stocks. P/S Ratio (0.221) is also within normal values, averaging (48.605).
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 72, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. KR’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
an operator of supermarkets and convenience stores
Industry FoodRetail
KR and
Correlation & Price change
A.I.dvisor indicates that over the last year, KR has been loosely correlated with SFM. These tickers have moved in lockstep 49% of the time. This A.I.-generated data suggests there is some statistical probability that if KR jumps, then SFM could also see price increases.