ConAgra Treasury Stock from 2010 to 2024
| CAG Stock | USD 31.08 0.19 0.61% |
Treasury Stock | First Reported 2000-02-29 | Previous Quarter -3.1 B | Current Value -3.1 B | Quarterly Volatility 1.2 B |
Check ConAgra Foods financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ConAgra main balance sheet or income statement drivers, such as Depreciation And Amortization of 385.5 M, Interest Expense of 241.2 M or Selling General Administrative of 2.1 B, as well as many exotic indicators such as Price To Sales Ratio of 1.61, Dividend Yield of 0.0297 or PTB Ratio of 2.66. ConAgra financial statements analysis is a perfect complement when working with ConAgra Foods Valuation or Volatility modules.
ConAgra | Treasury Stock |
Latest ConAgra Foods' Treasury Stock Growth Pattern
Below is the plot of the Treasury Stock of ConAgra Foods over the last few years. It is ConAgra Foods' Treasury Stock historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ConAgra Foods' overall financial position and show how it may be relating to other accounts over time.
| Treasury Stock | 10 Years Trend |
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Treasury Stock |
| Timeline |
ConAgra Treasury Stock Regression Statistics
| Arithmetic Mean | (3,137,778,133) | |
| Coefficient Of Variation | (28.58) | |
| Mean Deviation | 579,710,827 | |
| Median | (2,997,600,000) | |
| Standard Deviation | 896,719,827 | |
| Sample Variance | 804106.4T | |
| Range | 4.2B | |
| R-Value | (0) | |
| Mean Square Error | 865943.2T | |
| R-Squared | 0.00002 | |
| Significance | 0.99 | |
| Slope | (904,157) | |
| Total Sum of Squares | 11257490.3T |
ConAgra Treasury Stock History
About ConAgra Foods Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include ConAgra Foods income statement, its balance sheet, and the statement of cash flows. ConAgra Foods investors use historical funamental indicators, such as ConAgra Foods's Treasury Stock, to determine how well the company is positioned to perform in the future. Although ConAgra Foods investors may use each financial statement separately, they are all related. The changes in ConAgra Foods's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on ConAgra Foods's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on ConAgra Foods Financial Statements. Understanding these patterns can help to make the right decision on long term investment in ConAgra Foods. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Treasury Stock | -2.7 B | -2.8 B |
Pair Trading with ConAgra Foods
One 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.Moving together with ConAgra Stock
| 0.77 | K | Kellanova Earnings Call This Week | PairCorr |
| 0.84 | CPB | Campbell Soup Financial Report 5th of June 2024 | PairCorr |
| 0.84 | GIS | General Mills Financial Report 26th of June 2024 | PairCorr |
Moving against ConAgra Stock
| 0.74 | LW | Lamb Weston Holdings Financial Report 23rd of July 2024 | PairCorr |
| 0.64 | GV | Visionary Education Symbol Change | PairCorr |
| 0.54 | RMCF | Rocky Mountain Chocolate Report 22nd of May 2024 | PairCorr |
| 0.47 | TR | Tootsie Roll Industries | PairCorr |
| 0.43 | MDLZ | Mondelez International Sell-off Trend | PairCorr |
The ability to find closely correlated positions to ConAgra Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ConAgra Foods when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ConAgra Foods - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ConAgra Foods to buy it.
The correlation of ConAgra Foods is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ConAgra Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ConAgra Foods moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for ConAgra Foods can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of ConAgra Foods Correlation against competitors. 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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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 (0.1) | Dividend Share 1.38 | Earnings Share 1.99 | Revenue Per Share 25.336 | Quarterly Revenue Growth (0.02) |
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.