Conagra Stock Market Value

CAG
 Stock
  

USD 34.40  0.46  1.36%   

Conagra Brands' market value is the price at which a share of Conagra Brands stock trades on a public exchange. It measures the collective expectations of Conagra Brands investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Conagra Brands and determine expected loss or profit from investing in Conagra Brands over a given investment horizon. Continue to Conagra Brands Hype Analysis, Conagra Brands Correlation, Conagra Brands Valuation, Conagra Brands Volatility, as well as analyze Conagra Brands Alpha and Beta and Conagra Brands Performance.
Symbol
Backtest


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
-0.22
Market Capitalization
16.3 B
Quarterly Revenue Growth YOY
0.051
Return On Assets
0.0481
Return On Equity
0.12
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 Brands 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Conagra Brands' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Conagra Brands.
0.00
05/30/2022
No Change 0.00  0.0 
In 31 days
06/29/2022
0.00
If you would invest  0.00  in Conagra Brands on May 30, 2022 and sell it all today you would earn a total of 0.00 from holding Conagra Brands or generate 0.0% return on investment in Conagra Brands over 30 days. Conagra Brands is related to or competes with Caterpillar, B of A, Walmart, Exxon, General Electric, McDonalds Corp, and Travelers Companies. Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North Americ...More

Conagra Brands Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Conagra Brands' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Conagra Brands upside and downside potential and time the market with a certain degree of confidence.

Conagra Brands Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Conagra Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Conagra Brands' standard deviation. In reality, there are many statistical measures that can use Conagra Brands historical prices to predict the future Conagra Brands' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Conagra Brands' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Conagra Brands in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
32.2633.9535.64
Details
Intrinsic
Valuation
LowReal ValueHigh
30.5538.7140.40
Details
Naive
Forecast
LowNext ValueHigh
32.9734.6636.35
Details
8 Analysts
Consensus
LowTarget PriceHigh
35.0037.4342.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Conagra Brands. Your research has to be compared to or analyzed against Conagra Brands' peers to derive any actionable benefits. When done correctly, Conagra Brands' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Conagra Brands.

Conagra Brands Backtested Returns

We consider Conagra Brands very steady. Conagra Brands secures Sharpe Ratio (or Efficiency) of 0.0274, which signifies that the company had 0.0274% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Conagra Brands, which you can use to evaluate the future volatility of the firm. Please confirm Conagra Brands Mean Deviation of 1.11, downside deviation of 1.92, and Risk Adjusted Performance of 0.0899 to double-check if the risk estimate we provide is consistent with the expected return of 0.0457%.
Conagra Brands has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.7138, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Conagra's beta means in this case. As returns on the market increase, Conagra Brands returns are expected to increase less than the market. However, during the bear market, the loss on holding Conagra Brands will be expected to be smaller as well. Although it is important to respect Conagra Brands historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Conagra Brands technical indicators, you can presently evaluate if the expected return of 0.0457% will be sustainable into the future. Conagra Brands right now shows a risk of 1.67%. Please confirm Conagra Brands jensen alpha, maximum drawdown, semi variance, as well as the relationship between the sortino ratio and potential upside to decide if Conagra Brands will be following its price patterns.

Auto-correlation

    
  -0.31  

Poor reverse predictability

Conagra Brands has poor reverse predictability. Overlapping area represents the amount of predictability between Conagra Brands time series from 30th of May 2022 to 14th of June 2022 and 14th of June 2022 to 29th of June 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Conagra Brands price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Conagra Brands price fluctuation can be explain by its past prices.
Correlation Coefficient-0.31
Spearman Rank Test-0.34
Residual Average0.0
Price Variance1.13

Conagra Brands lagged returns against current returns

Autocorrelation, which is Conagra Brands stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Conagra Brands' stock expected returns. We can calculate the autocorrelation of Conagra Brands returns to help us make a trade decision. For example, suppose you find that Conagra Brands stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Conagra Brands regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Conagra Brands stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Conagra Brands stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Conagra Brands stock over time.
 Current vs Lagged Prices 
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      Timeline 

Conagra Brands Lagged Returns

When evaluating Conagra Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Conagra Brands stock have on its future price. Conagra Brands autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Conagra Brands autocorrelation shows the relationship between Conagra Brands stock current value and its past values and can show if there is a momentum factor associated with investing in Conagra Brands.
 Regressed Prices 
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      Timeline 

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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Global Correlations

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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.

Conagra Brands Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

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 Hype Analysis, Conagra Brands Correlation, Conagra Brands Valuation, Conagra Brands Volatility, as well as analyze Conagra Brands Alpha and Beta and Conagra Brands Performance. 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 Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple 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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Conagra Brands 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 Conagra Brands technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Conagra Brands 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...