Conagra Stock Performance

CAG
 Stock
  

USD 32.86  0.30  0.92%   

The firm shows a Beta (market volatility) of 0.6153, 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. Even though it is essential to pay attention to Conagra Brands historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Conagra Brands exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Conagra Brands has an expected return of -0.11%. Please be advised to 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 performance from the past will be repeated at some point in the near future.
  
Conagra Performance
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Over the last 90 days Conagra Brands has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest conflicting performance, the Stock's basic indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the firm shareholders. ...more

Conagra Price Channel

Quick Ratio0.27
Fifty Two Week Low30.06
Target High Price40.00
Fifty Two Week High36.97
Payout Ratio67.93%
Trailing Annual Dividend Yield2.99%
Target Low Price32.00

Conagra Brands Relative Risk vs. Return Landscape

If you would invest  3,522  in Conagra Brands on July 9, 2022 and sell it today you would lose (266.00)  from holding Conagra Brands or give up 7.55% of portfolio value over 90 days. Conagra Brands is generating negative expected returns assuming volatility of 1.5169% on return distribution over 90 days investment horizon. In other words, 13% of stocks are less volatile than Conagra, and above 99% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon Conagra Brands is expected to under-perform the market. In addition to that, the company is 1.2 times more volatile than its market benchmark. It trades about -0.07 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.07 per unit of volatility.

Conagra Brands Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Conagra Brands' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Conagra Brands, and traders can use it to determine the average amount a Conagra Brands' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0732

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Estimated Market Risk
 1.52
  actual daily
 
 13 %
of total potential
 
1313
Expected Return
 -0.11
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 0 %
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Risk-Adjusted Return
 -0.07
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Based on monthly moving average Conagra Brands is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Conagra Brands by adding it to a well-diversified portfolio.

About Conagra Brands Performance

To evaluate Conagra Brands Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Conagra Brands generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Conagra Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Conagra Brands market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Conagra's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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.

Things to note about Conagra Brands

Checking the ongoing alerts about Conagra Brands for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Conagra Brands help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Conagra Brands Alerts

Equity Alerts and Improvement Suggestions

Conagra Brands generated a negative expected return over the last 90 days
The company has 9.22 B in debt with debt to equity (D/E) ratio of 1.04, which is OK given its current industry classification. Conagra Brands has a current ratio of 0.84, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Conagra Brands until it has trouble settling it off, either with new capital or with free cash flow. So, Conagra Brands' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Conagra Brands sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Conagra to invest in growth at high rates of return. When we think about Conagra Brands' use of debt, we should always consider it together with cash and equity.
Over 84.0% of Conagra Brands shares are held by institutions such as insurance companies
Latest headline from Macroaxis: Is Conagra Brands stock way too aggressive for baby boomers
Continue to Trending Equities. 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 CEO Directory module to screen CEOs from public companies around the world.

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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.
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.