ConAgra Foods Correlation, ConAgra Foods Volatility and ConAgra Foods Alpha and Beta module to complement your research on ConAgra Foods.For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.ConAgra Foods' market value is the price at which a share of ConAgra Foods stock trades on a public exchange. It measures the collective expectations of ConAgra Foods investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of ConAgra Foods and determine expected loss or profit from investing in ConAgra Foods over a given investment horizon. Check out
ConAgra Foods Valuation
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.
ConAgra Foods 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ConAgra Foods' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ConAgra Foods.
If you would invest 0.00 in ConAgra Foods on September 29, 2023 and sell it all today you would earn a total of 0.00 from holding ConAgra Foods or generate 0.0% return on investment in ConAgra Foods over 60 days. ConAgra Foods is related to or competes with Village Super, Gfl Environmental, Seche Environnement, and Nocera. Conagra Brands, Inc., together with its subsidiaries, operates as a consumer packaged goods food company in North Americ... More
ConAgra Foods Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ConAgra Foods' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ConAgra Foods upside and downside potential and time the market with a certain degree of confidence.
ConAgra Foods Market Risk IndicatorsToday, many novice investors tend to focus exclusively on investment returns with little concern for ConAgra Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ConAgra Foods' standard deviation. In reality, there are many statistical measures that can use ConAgra Foods historical prices to predict the future ConAgra Foods' volatility.
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 Backtested Returns
ConAgra Foods lagged returns against current returns
Autocorrelation, which is ConAgra Foods stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ConAgra Foods' stock expected returns. We can calculate the autocorrelation of ConAgra Foods returns to help us make a trade decision. For example, suppose you find that ConAgra Foods stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
ConAgra Foods regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ConAgra Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ConAgra Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ConAgra Foods stock over time.
ConAgra Foods Lagged Returns
When evaluating ConAgra Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ConAgra Foods stock have on its future price. ConAgra Foods autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ConAgra Foods autocorrelation shows the relationship between ConAgra Foods stock current value and its past values and can show if there is a momentum factor associated with investing in ConAgra Foods.
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.
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
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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 ConAgra Foods Correlation, ConAgra Foods Volatility and ConAgra Foods Alpha and Beta module to complement your research on ConAgra Foods.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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from 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.
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.