Conagra Probability Of Bankruptcy

CAG
 Stock
  

USD 34.39  0.05  0.15%   

Conagra Brands Probability Of Bankruptcy is used to show its chance of financial distress over the next two years of operations under current economic and market conditions. Conagra Brands Probability Of Bankruptcy is determined by interpolating and adjusting Conagra Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Conagra balance sheet as well as cash flow and income statements available from the company's most recent filings. Continue to Conagra Brands Piotroski F Score and Conagra Brands Altman Z Score analysis.
  

Conagra Probability Of Bankruptcy Analysis

Conagra Brands' Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
 2010 2014 2019 2022 (projected)
Consolidated Income315.1 M678.4 M888.2 M910.53 M
Direct Expenses13.98 B6.89 B8.7 B8.78 B
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current Conagra Brands Probability Of Bankruptcy

    
  47%  
Most of Conagra Brands' fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Conagra Brands is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Conagra Brands probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Conagra Brands odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Conagra Brands financial health.
Is Conagra Brands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Conagra Brands. If investors know Conagra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Conagra Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.48
Market Capitalization
16.5 B
Quarterly Revenue Growth YOY
0.062
Return On Assets
0.0484
Return On Equity
0.1
The market value of Conagra Brands is measured differently than its book value, which is the value of Conagra that is recorded on the company's balance sheet. Investors also form their own opinion of Conagra Brands' value that differs from its market value or its book value, called intrinsic value, which is Conagra Brands' 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 Conagra Brands' market value can be influenced by many factors that don't directly affect Conagra Brands' 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 Conagra Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine Conagra Brands value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Conagra Brands' 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.

Conagra Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Conagra Brands is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Conagra Brands' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Conagra Brands' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Conagra Brands' interrelated accounts and indicators.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Compare to competition

Based on the latest financial disclosure, Conagra Brands has a Probability Of Bankruptcy of 47.0%. This is 29.91% higher than that of the Consumer Defensive sector and 12.98% higher than that of the Packaged Foods industry. The probability of bankruptcy for all United States stocks is 18.0% lower than that of the firm.
Chance Of Financial Distress
Less than 47
Conagra Brands has less than 47 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Conagra Brands stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info

Conagra Brands ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Conagra Brands' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Conagra Brands' managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Conagra Fundamentals

About Conagra Brands Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Conagra Brands's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Conagra Brands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Conagra Brands based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North America. Conagra Brands, Inc. was founded in 1861 and is headquartered in Chicago, Illinois. Conagra Brands operates under Packaged Foods classification in the United States and is traded on New York Stock Exchange. It employs 18000 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Conagra Brands without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Conagra Brands

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Conagra Brands position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Conagra Brands will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Conagra Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Conagra Brands when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Conagra Brands - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Conagra Brands to buy it.
The correlation of Conagra Brands is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Conagra Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Conagra Brands moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Conagra Brands can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Conagra Brands Piotroski F Score and Conagra Brands Altman Z Score analysis. Note that the Conagra Brands information on this page should be used as a complementary analysis to other Conagra Brands' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

Complementary Tools for Conagra Stock analysis

When running Conagra Brands price analysis, check to measure Conagra Brands' 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 Conagra Brands is operating at the current time. Most of Conagra Brands' value examination focuses on studying past and present price action to predict the probability of Conagra Brands' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Conagra Brands' price. Additionally, you may evaluate how the addition of Conagra Brands to your portfolios can decrease your overall portfolio volatility.
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Is Conagra Brands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Conagra Brands. If investors know Conagra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Conagra Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.48
Market Capitalization
16.5 B
Quarterly Revenue Growth YOY
0.062
Return On Assets
0.0484
Return On Equity
0.1
The market value of Conagra Brands is measured differently than its book value, which is the value of Conagra that is recorded on the company's balance sheet. Investors also form their own opinion of Conagra Brands' value that differs from its market value or its book value, called intrinsic value, which is Conagra Brands' 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 Conagra Brands' market value can be influenced by many factors that don't directly affect Conagra Brands' 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 Conagra Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine Conagra Brands value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Conagra Brands' 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.