ConAgra Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast ConAgra Foods stock prices and determine the direction of ConAgra Foods's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of ConAgra Foods historical fundamentals such as revenue growth or operating cash flow patterns. Although ConAgra Foods naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of ConAgra Foods systematic risk associated with finding meaningful patterns of ConAgra Foods fundamentals over time.Check out Historical Fundamental Analysis of ConAgra Foods to cross-verify your projections.
Open Interest Against 2023-12-01 ConAgra Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast ConAgra Foods' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest ConAgra Foods' options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies ConAgra Foods stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current ConAgra Foods' open interest, investors have to compare it to ConAgra Foods' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of ConAgra Foods is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in ConAgra. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in ConAgra Foods cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the ConAgra Foods' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets ConAgra Foods' price structures and extracts relationships that further increase the generated results' accuracy.A four-period moving average forecast model for ConAgra Foods is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.
ConAgra Foods 4 Period Moving Average Price Forecast For the 2nd of DecemberGiven 90 days horizon, the 4 Period Moving Average forecasted value of ConAgra Foods on the next trading day is expected to be 28.20 with a mean absolute deviation of 0.35, mean absolute percentage error of 0.20, and the sum of the absolute errors of 20.15.
Please note that although there have been many attempts to predict ConAgra Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that ConAgra Foods' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
ConAgra Foods Stock Forecast Pattern
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ConAgra Foods Forecasted Value
In the context of forecasting ConAgra Foods' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. ConAgra Foods' downside and upside margins for the forecasting period are 26.91 and 29.50, respectively. We have considered ConAgra Foods' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive FactorsThe below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of ConAgra Foods stock data series using in forecasting. Note that when a statistical model is used to represent ConAgra Foods stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality. The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of ConAgra Foods. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for ConAgra Foods and therefore, it cannot be a useful forecasting tool for medium or long range price predictions
Predictive Modules for ConAgra FoodsThere are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as ConAgra Foods. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of ConAgra Foods' 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 Foods in the context of predictive analytics.
Other Forecasting Options for ConAgra FoodsFor every potential investor in ConAgra, whether a beginner or expert, ConAgra Foods' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ConAgra Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ConAgra. Basic forecasting techniques help filter out the noise by identifying ConAgra Foods' price trends.
ConAgra Foods Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ConAgra Foods stock to make a market-neutral strategy. Peer analysis of ConAgra Foods could also be used in its relative valuation, which is a method of valuing ConAgra Foods by comparing valuation metrics with similar companies.
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ConAgra Foods Technical and Predictive AnalyticsThe stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ConAgra Foods' price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ConAgra Foods' current price.
ConAgra Foods Market Strength Events
Market strength indicators help investors to evaluate how ConAgra Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ConAgra Foods shares will generate the highest return on investment. By undertsting and applying ConAgra Foods stock market strength indicators, traders can identify ConAgra Foods entry and exit signals to maximize returns.
ConAgra Foods Risk Indicators
The analysis of ConAgra Foods' basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in ConAgra Foods' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting ConAgra Foods stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Be your own money managerOur 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 FoodsOne 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. 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 Historical Fundamental Analysis of ConAgra Foods to cross-verify your projections.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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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.
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
Revenue Per Share
Return On Assets
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.