Conagra Foods Stock Price on December 4, 2023

CAG Stock  USD 28.41  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 28.41, as last reported on the 22nd of February, with the highest price reaching 28.69 and the lowest price hitting 28.21 during the day.
IPO Date
7th of September 1984
200 Day MA
30.4515
50 Day MA
28.8334
Beta
0.428
 
Black Monday
 
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Housing Crash
 
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Yuan Drop
 
Covid
If you're considering investing in ConAgra Stock, it is important to understand the factors that can impact its stock price. We consider ConAgra Foods very steady. ConAgra Foods secures Sharpe Ratio (or Efficiency) of 0.0038, which signifies that the company had 0.0038% return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for ConAgra Foods, which you can use to evaluate the future volatility of the firm. Please confirm ConAgra Foods' Downside Deviation of 1.41, risk adjusted performance of 0.0161, and Mean Deviation of 1.03 to double-check if the risk estimate we provide is consistent with the expected return of 0.0054%.
  
The current Net Income Common Stock is estimated to decrease to about 757.1 M. The ConAgra Foods' current Price to Book Value is estimated to increase to 2.37, while Price to Earnings Ratio is projected to decrease to 16.43. ConAgra Stock stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0038

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Estimated Market Risk

 1.44
  actual daily
12
88% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  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
1.5082
Enterprise Value Ebitda
12.0125
Price Sales
1.1157
Shares Float
475 M
Dividend Share
1.36

ConAgra Foods Valuation on December 4, 2023

It is possible to determine the worth of ConAgra Foods on a given historical date. On December 4, 2023 ConAgra was worth 28.3 at the beginning of the trading date compared to the closed value of 28.62. 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
  28.32    28.39    28.11    28.36    3,752,376  
12/04/2023
  28.30    29.07    28.30    28.62    3,760,804  
  29.04    29.06    28.75    28.76    2,639,191  
Backtest ConAgra Foods  |  ConAgra Foods History  |  ConAgra Foods Valuation   PreviousNext  
Open Value
28.3
28.62
Closing Value
32.61
Upside

ConAgra Foods Trading Date Momentum on December 4, 2023

On December 05 2023 ConAgra Foods was traded for  28.76  at the closing time. Highest ConAgra Foods's price during the trading hours was 29.06  and the lowest price during the day was  28.75 . The net volume was 2.6 M. The overall trading history on the 5th of December contributed to the next trading period price rise. The overall trading delta to the next next day price was 0.49% . The overall trading delta to current price is 6.78% .

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 ReportedProjected for 2024
Weighted Average Shares487.1 M515.8 M
Weighted Average Shares Diluted488.6 M444.8 M
Issuance Purchase of Equity Shares79.8 M86.1 M

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.
A focus of ConAgra Foods technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ConAgra Foods trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ConAgra Foods Period Price Range

Low
December 4, 2023
High

 28.30 

  

 28.62 

0.321.13%

ConAgra Foods February 22, 2024 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

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.
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 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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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
(0.24)
Dividend Share
1.36
Earnings Share
2.05
Revenue Per Share
25.459
Quarterly Revenue Growth
(0.03)
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.