ConAgra Technical Analysis

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CAG -- USA Stock  

Fiscal Quarter End: 31st of August 2020  

As of the 5th of July, ConAgra Brands shows the mean deviation of 1.44, risk adjusted performance of 0.3011, and downside deviation of 1.58. ConAgra Brands technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for ConAgra Brands, which can be compared to its rivals. Please confirm ConAgra Brands maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if ConAgra Brands is priced correctly, providing market reflects its regular price of 35.41 per share. Given that ConAgra Brands has jensen alpha of 0.3076, we suggest you to validate ConAgra Brands's prevailing market performance to make sure the company can sustain itself at a future point.

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Target PriceAdvice# of Analysts
35.92Buy13Odds
ConAgra Brands current and past analyst recommendations published by a number of research institutions as well as average analyst consensus. Most ConAgra analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ConAgra stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ConAgra Brands, talking to its executives and customers, or listening to ConAgra conference calls.
ConAgra Analyst Advice Details
ConAgra Brands 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 Brands technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ConAgra Brands 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...

ConAgra Brands Technical Analysis

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The output start index for this execution was twenty with a total number of output elements of fourty-one. The Normalized Average True Range is used to analyze tradable apportunities for ConAgra Brands across different markets. View also all equity analysis or get more info about normalized average true range volatility indicators indicator.

ConAgra Brands Trend Analysis

Use this graph to draw trend lines for ConAgra Brands. You can use it to identify possible trend reversals for ConAgra Brands as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ConAgra Brands price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

ConAgra Brands Best Fit Change Line

The following chart estimates an ordinary least squares regression model for ConAgra Brands applied against its price change over selected period. The best fit line has a slop of   0.017015  , which may imply that ConAgra Brands will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 10.95, which is the sum of squared deviations for the predicted ConAgra Brands price change compared to its average price change.

About ConAgra Brands Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ConAgra Brands on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ConAgra Brands based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ConAgra Brands stock first instead of the macroeconomic environment surrounding ConAgra Brands . By analyzing ConAgra Brands's financials, daily price indicators, and its related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ConAgra Brands's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ConAgra Brands specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2010 2014 2019 2020 (projected)
Long Term Debt to Equity1.671.441.521.27
Interest Coverage2.523.17.766.96

ConAgra Brands July 5, 2020 Technical Indicators

Most technical analysis of ConAgra stock help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ConAgra from various momentum indicators to cycle indicators. When you analyze ConAgra charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators
Risk Adjusted Performance0.3011
Market Risk Adjusted Performance(3.88)
Mean Deviation1.44
Semi Deviation1.35
Downside Deviation1.58
Coefficient Of Variation608.26
Standard Deviation1.84
Variance3.37
Information Ratio0.0446
Jensen Alpha0.3076
Total Risk Alpha0.0814
Sortino Ratio0.0519
Treynor Ratio(3.89)
Maximum Drawdown8.47
Value At Risk(2.72)
Potential Upside3.67
Downside Variance2.5
Semi Variance1.83
Expected Short fall(1.68)
Skewness0.211
Kurtosis(0.0195)
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