ConAgra Cash and Equivalents Turnover from 2010 to 2023

CAG Stock  USD 29.40  0.64  2.23%   
ConAgra Foods Cash and Equivalents Turnover is increasing over the last several years with slightly volatile swings. Cash and Equivalents Turnover is predicted to flatten to 87.62. During the period from 2010 to 2023 ConAgra Foods Cash and Equivalents Turnover regressed destribution of quarterly values had coefficient of variationof 38.86 and r-value of  0.37. The ConAgra Foods' current Net Loss Income from Discontinued Operations is estimated to increase to about 672.1 M.
Check ConAgra Foods financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ConAgra main balance sheet or income statement drivers, such as Direct Expenses of 8.9 B, Consolidated Income of 802.6 M or Cost of Revenue of 8.9 B, as well as many exotic indicators such as Interest Coverage of 2.99, Long Term Debt to Equity of 1.02 or Calculated Tax Rate of 27.61. ConAgra financial statements analysis is a perfect complement when working with ConAgra Foods Valuation or Volatility modules.
  
This module can also supplement ConAgra Foods' financial leverage analysis and stock options assessment as well as various ConAgra Foods Technical models . Check out the analysis of ConAgra Foods Correlation against competitors.
For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.

ConAgra Cash and Equivalents Turnover Breakdown

Showing smoothed Cash and Equivalents Turnover of ConAgra Foods with missing and latest data points interpolated. ConAgra Foods' Cash and Equivalents Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ConAgra Foods' overall financial position and show how it may be relating to other accounts over time.
Cash and Equivalents Turnover10 Years Trend
Slightly volatile
   Cash and Equivalents Turnover   
       Timeline  

ConAgra Cash and Equivalents Turnover Regression Statistics

Arithmetic Mean92.34
Geometric Mean85.62
Coefficient Of Variation38.86
Mean Deviation29.15
Median96.74
Standard Deviation35.88
Sample Variance1,288
Range86.48
R-Value0.37
Mean Square Error1,201
R-Squared0.14
Significance0.19
Slope3.19
Total Sum of Squares16,738

ConAgra Cash and Equivalents Turnover History

2023 87.62
2019 138.95
2014 52.47

About ConAgra Foods Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include ConAgra Foods income statement, its balance sheet, and the statement of cash flows. ConAgra Foods investors use historical funamental indicators, such as ConAgra Foods's Cash and Equivalents Turnover, to determine how well the company is positioned to perform in the future. Although ConAgra Foods investors may use each financial statement separately, they are all related. The changes in ConAgra Foods's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ConAgra Foods's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ConAgra Foods Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ConAgra Foods. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2023
Cash and Equivalents Turnover 138.95  87.62 
Free Cash Flow636.4 M1.1 B

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Our tools can tell you how much better you can do entering a position in ConAgra Foods without increasing your portfolio risk or giving up the 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 Foods

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 Foods 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 Foods will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to ConAgra Foods 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 Foods 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 Foods - 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 Foods to buy it.
The correlation of ConAgra Foods 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 Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ConAgra Foods 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 Foods 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
When determining whether ConAgra Foods is a strong investment it is important to analyze ConAgra Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ConAgra Foods' future performance. For an informed investment choice regarding ConAgra Stock, refer to the following important reports:
Check out the analysis of ConAgra Foods Correlation against competitors.
For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.
Note that the ConAgra Foods information on this page should be used as a complementary analysis to other ConAgra Foods' 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 the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

Complementary Tools for ConAgra Stock analysis

When running ConAgra Foods' price analysis, check to measure ConAgra Foods' 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 Foods is operating at the current time. Most of ConAgra Foods' value examination focuses on studying past and present price action to predict the probability of ConAgra Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConAgra Foods' price. Additionally, you may evaluate how the addition of ConAgra Foods to your portfolios can decrease your overall portfolio volatility.
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Is ConAgra Foods' 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 Foods. 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 Foods 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
(0.76)
Dividend Share
1.34
Earnings Share
2.23
Revenue Per Share
25.667
Return On Assets
0.056
The market value of ConAgra Foods 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 Foods' value that differs from its market value or its book value, called intrinsic value, which is ConAgra Foods' 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 Foods' market value can be influenced by many factors that don't directly affect ConAgra Foods' 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 Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if ConAgra Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConAgra Foods' 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.