ConAgra Foods Stock Forecast - Daily Balance Of Power

CAG Stock  USD 27.66  0.11  0.40%   
ConAgra Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of ConAgra Foods' historical fundamentals, such as revenue growth or operating cash flow patterns.
  
On December 24, 2024 ConAgra Foods had Daily Balance Of Power of 0.4516. Balance of Power indicator (or BOP) measures the strength of ConAgra Foods market sensitivity to bulls and bears. It estimates the ability of ConAgra Foods buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring ConAgra Foods Balance of Power indicator one can determine a trend of the price direction.
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ConAgra Foods Trading Date Momentum

On December 26 2024 ConAgra Foods was traded for  27.55  at the closing time. Highest ConAgra Foods's price during the trading hours was 27.80  and the lowest price during the day was  27.41 . The net volume was 3.3 M. The overall trading history on the 26th of December contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.33% . The overall trading delta to current price is 1.19% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for ConAgra Foods

For every potential investor in ConAgra, whether a beginner or expert, ConAgra Foods' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. ConAgra Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in ConAgra. Basic forecasting techniques help filter out the noise by identifying ConAgra Foods' price trends.

ConAgra Foods Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ConAgra Foods stock to make a market-neutral strategy. Peer analysis of ConAgra Foods could also be used in its relative valuation, which is a method of valuing ConAgra Foods by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

ConAgra Foods Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of ConAgra Foods' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of ConAgra Foods' current price.

ConAgra Foods Market Strength Events

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 Risk Indicators

The analysis of ConAgra Foods' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in ConAgra Foods' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting conagra stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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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 Historical Fundamental Analysis of ConAgra Foods to cross-verify your projections.
For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Packaged Foods & Meats space 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
0.451
Earnings Share
1.03
Revenue Per Share
24.944
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0531
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.