Conagra Foods Stock Price on August 31, 2023
| CAG Stock | USD 28.36 0.07 0.25% |
Below is the normalized historical share price chart for ConAgra Foods extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ConAgra Foods stands at 28.36, as last reported on the 4th of December, with the highest price reaching 28.39 and the lowest price hitting 28.11 during the day.
If you're considering investing in ConAgra Stock, it is important to understand the factors that can impact its stock price. ConAgra Foods secures Sharpe Ratio (or Efficiency) of -0.0117, which signifies that the company had -0.0117% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. ConAgra Foods exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its stock price that cannot be diversified away. Please confirm ConAgra Foods Mean Deviation of 0.9226, standard deviation of 1.28, and Risk Adjusted Performance of (0.034162) to double-check the risk estimate we provide.
The ConAgra Foods' current Net Income Common Stock is estimated to increase to about 801.9 M. At this time, ConAgra Foods' Price to Book Value is most likely to slightly decrease in the upcoming years. The ConAgra Foods' current Price to Sales Ratio is estimated to increase to 1.52, while Price to Earnings Ratio is projected to decrease to 23.47. ConAgra Stock stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of September 1984 | 200 Day MA 32.5757 | 50 Day MA 27.588 | Beta 0.596 |
ConAgra |
Sharpe Ratio = -0.0117
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CAG |
Estimated Market Risk
| 1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ConAgra Foods is not performing at its full potential. However, 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 Foods by adding ConAgra Foods to a well-diversified portfolio.
Price Book 1.5257 | Enterprise Value Ebitda 11.4768 | Price Sales 1.1041 | Shares Float 475 M | Dividend Share 1.34 |
ConAgra Foods Main Headline on 31st of August 2023
ConAgra Foods dividend paid on 31st of August 2023 |
ConAgra Foods Valuation on August 31, 2023
It is possible to determine the worth of ConAgra Foods on a given historical date. On August 31, 2023 ConAgra was worth 30.23 at the beginning of the trading date compared to the closed value of 29.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ConAgra Foods stock. Still, in general, we apply an absolute valuation method to find ConAgra Foods' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ConAgra Foods where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ConAgra Foods' related companies.
| Open | High | Low | Close | Volume | |
| 30.40 | 30.46 | 29.72 | 29.72 | 3,251,899 | |
08/31/2023 | 30.23 | 30.31 | 29.50 | 29.50 | 4,675,351 |
| 30.00 | 30.07 | 28.94 | 28.94 | 3,392,015 |
| Backtest ConAgra Foods | | | ConAgra Foods History | | | ConAgra Foods Valuation | Previous | Next |
ConAgra Foods Trading Date Momentum on August 31, 2023
| On September 01 2023 ConAgra Foods was traded for 28.94 at the closing time. Highest ConAgra Foods's price during the trading hours was 30.07 and the lowest price during the day was 28.94 . The net volume was 3.4 M. The overall trading history on the 1st of September contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.90% . The overall trading delta to current price is 1.56% . |
ConAgra Foods Fundamentals Correlations and Trends
By evaluating ConAgra Foods' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ConAgra Foods' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ConAgra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ConAgra Foods Stock history
ConAgra Foods investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ConAgra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ConAgra Foods will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ConAgra Foods stock prices may prove useful in developing a viable investing in ConAgra Foods
| Last Reported | Projected for 2023 | ||
| Weighted Average Shares | 476.9 M | 507.4 M | |
| Weighted Average Shares Diluted | 480.7 M | 510.2 M | |
| Issuance Purchase of Equity Shares | -150 M | -36.9 M |
ConAgra Foods Quarterly Market Capitalization |
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ConAgra Foods Stock Technical Analysis
ConAgra Foods 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.
Price Boundaries
ConAgra Foods Period Price Range
Low | August 31, 2023 | High |
30.23 | 29.50 |
| -0.73 | -2.41% |
ConAgra Foods December 4, 2023 Market Strength
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
| Accumulation Distribution | 124943.0 | |||
| Daily Balance Of Power | (0.90) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 29.91 | |||
| Day Typical Price | 29.77 | |||
| Price Action Indicator | (0.77) | |||
| Period Momentum Indicator | (1.14) |
ConAgra Foods Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ConAgra stock's direction in advance. Along with the technical and fundamental analysis of ConAgra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ConAgra to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.034162) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.1) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConAgra Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. 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 CEOs Directory module to screen CEOs from public companies around the world.
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 2.25 | 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.