Con-Agra is one of the worlds largest packaged foods companies. Take a look at it (google it): CAG (NYSE). What does the beta tell you about Con-Agra?

What is beta, how is it calculated, why is it relevant (or where it is not)? How relevant do you feel it is with respect to Con-Agra? What does it tell you about Con-Agra? Would your answer be different if the question was not about Con-Agra but instead, was about Lyft (LYFT) (NASDAQ)? What kinds of risks are there with respect to Con-Agra (in terms of systematic and non-systematic risk)? What kinds of risks are there with respect to Lyft (in term of systematic and non-systematic risk) that makes it different from Con-Agra? With that in mind, do you think the beta is a good reflection or not to invest in Con-Agra or Lyft? You can address this in the context of the Efficient Market Hypothesis if you want. Anything else worry you (or not) about Con-Agra or Lyft? (Finance related factors)