Associated British Foods Stock Price on March 27, 2024
| ASBFF Stock | USD 31.63 1.08 3.54% |
If you're considering investing in Associated Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Associated British stands at 31.63, as last reported on the 30th of April, with the highest price reaching 31.63 and the lowest price hitting 31.63 during the day. We consider Associated British very steady. Associated British Foods secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Associated British Foods, which you can use to evaluate the volatility of the firm. Please confirm Associated British's Risk Adjusted Performance of 0.0907, standard deviation of 0.8722, and Mean Deviation of 0.3822 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
Associated Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Associated |
Sharpe Ratio = 0.1374
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | ASBFF | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.87 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Associated British is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Associated British by adding it to a well-diversified portfolio.
Related Headline
JM Smucker Headline on 27th of March 2024
Why Smucker is a Top Momentum Stock for the Long-Term by finance.yahoo.com
Wondering how to pick strong, market-beating stocks for your investment portfolio Look no further than the Zacks Style Scores.
Associated British Valuation on March 27, 2024
It is possible to determine the worth of Associated British on a given historical date. On March 27, 2024 Associated was worth 29.96 at the beginning of the trading date compared to the closed value of 29.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Associated British pink sheet. Still, in general, we apply an absolute valuation method to find Associated British's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Associated British where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Associated British's related companies.
| Open | High | Low | Close | Volume | |
| 29.96 | 29.96 | 29.96 | 29.96 | 1.00 | |
03/27/2024 | 29.96 | 29.96 | 29.96 | 29.96 | 1.00 |
| 29.96 | 29.96 | 29.96 | 29.96 | 1.00 |
| Backtest Associated British | | | Associated British History | | | Associated British Valuation | Previous | Next |
Associated British Trading Date Momentum on March 27, 2024
| On March 28 2024 Associated British Foods was traded for 29.96 at the closing time. The highest daily price throughout the period was 29.96 and the lowest price was 29.96 . There was no trading activity during the period 1.0. Lack of trading volume on 03/28/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% . |
Associated British Foods Fundamentals Correlations and Trends
By evaluating Associated British's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Associated British's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Associated financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Associated British Pink Sheet history
Associated British investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Associated is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Associated British Foods will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Associated British stock prices may prove useful in developing a viable investing in Associated British
Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. Associated British Foods plc is a subsidiary of Wittington Investments Limited. Associated British operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 128000 people.
Associated British Pink Sheet Technical Analysis
Associated British technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Associated British Period Price Range
Low | March 27, 2024
| High |
29.96 | 29.96 |
Associated British April 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Associated British pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Associated British shares will generate the highest return on investment. By undertsting and applying Associated British pink sheet market strength indicators, traders can identify Associated British Foods entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 29.96 | |||
| Day Typical Price | 29.96 | |||
| Period Momentum Indicator | 1.67 | |||
| Relative Strength Index | 46.33 |
Associated British Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Associated British's price direction in advance. Along with the technical and fundamental analysis of Associated Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Associated to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0907 | |||
| Jensen Alpha | 0.1057 | |||
| Total Risk Alpha | 0.0426 | |||
| Treynor Ratio | 1.33 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Associated British Foods. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Associated British Foods information on this page should be used as a complementary analysis to other Associated British's 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Associated Pink Sheet analysis
When running Associated British's price analysis, check to measure Associated British's 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 Associated British is operating at the current time. Most of Associated British's value examination focuses on studying past and present price action to predict the probability of Associated British's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Associated British's price. Additionally, you may evaluate how the addition of Associated British to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |