ConAgra Stock Probability of Future Stock Price Finishing Over 28.92
| CAG Stock | USD 28.92 0.23 0.80% |
Closest to current price ConAgra long CALL Option Payoff at Expiration
ConAgra |
ConAgra Foods Target Price Odds to finish over 28.92
The tendency of ConAgra Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 28.92 | 90 days | 28.92 | about 92.2 |
Based on a normal probability distribution, the odds of ConAgra Foods to move above the current price in 90 days from now is about 92.2 (This ConAgra Foods probability density function shows the probability of ConAgra Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon ConAgra Foods has a beta of 0.6 suggesting as returns on the market go up, ConAgra Foods average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ConAgra Foods will be expected to be much smaller as well. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. ConAgra Foods is significantly underperforming NYSE Composite. ConAgra Foods Price Density |
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Predictive Modules for ConAgra Foods
There 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.
ConAgra Foods Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. ConAgra Foods is not an exception. The market had few large corrections towards the ConAgra Foods' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold ConAgra Foods, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of ConAgra Foods within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.26 | |
β | Beta against NYSE Composite | 0.60 | |
σ | Overall volatility | 1.79 | |
Ir | Information ratio | -0.26 |
ConAgra Foods Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of ConAgra Foods for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for ConAgra Foods can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| ConAgra Foods generated a negative expected return over the last 90 days | |
| The company has 9.24 B in debt with debt to equity (D/E) ratio of 1.05, which is OK given its current industry classification. ConAgra Foods has a current ratio of 0.76, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist ConAgra Foods until it has trouble settling it off, either with new capital or with free cash flow. So, ConAgra Foods' 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 Foods 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 Foods' use of debt, we should always consider it together with cash and equity. | |
| Over 88.0% of ConAgra Foods shares are held by institutions such as insurance companies | |
| On 31st of August 2023 ConAgra Foods paid $ 0.35 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Hostess Acquisition, 3.3 percent Dividend Make J.M. Smucker a Sweet Deal - msnNOW |
ConAgra Foods Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of ConAgra Stock often depends not only on the future outlook of the current and potential ConAgra Foods' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. ConAgra Foods' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 480.7 M | |
| Cash And Short Term Investments | 93.9 M |
ConAgra Foods Technical Analysis
ConAgra Foods' future price can be derived by breaking down and analyzing its technical indicators over time. ConAgra Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ConAgra Foods. In general, you should focus on analyzing ConAgra Stock price patterns and their correlations with different microeconomic environments and drivers.
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ConAgra Foods Predictive Forecast Models
ConAgra Foods' time-series forecasting models is one of many ConAgra Foods' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary ConAgra Foods' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about ConAgra Foods
Checking the ongoing alerts about ConAgra Foods for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for ConAgra Foods help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| ConAgra Foods generated a negative expected return over the last 90 days | |
| The company has 9.24 B in debt with debt to equity (D/E) ratio of 1.05, which is OK given its current industry classification. ConAgra Foods has a current ratio of 0.76, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist ConAgra Foods until it has trouble settling it off, either with new capital or with free cash flow. So, ConAgra Foods' 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 Foods 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 Foods' use of debt, we should always consider it together with cash and equity. | |
| Over 88.0% of ConAgra Foods shares are held by institutions such as insurance companies | |
| On 31st of August 2023 ConAgra Foods paid $ 0.35 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Hostess Acquisition, 3.3 percent Dividend Make J.M. Smucker a Sweet Deal - msnNOW |
Check out ConAgra Foods Backtesting, ConAgra Foods Valuation, ConAgra Foods Correlation, ConAgra Foods Hype Analysis, ConAgra Foods Volatility, ConAgra Foods History as well as ConAgra Foods Performance. 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple 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.
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |
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 1.32 | Earnings Share 1.42 | Revenue Per Share 25.636 | Quarterly Revenue Growth 0.022 |
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.