Associated British Foods Stock Price on March 12, 2024
If you're considering investing in Associated Pink Sheet, it is important to understand the factors that can impact its price. Associated British appears to be very steady, given 3 months investment horizon. Associated British Foods secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Associated British Foods, which you can use to evaluate the volatility of the firm. Please makes use of Associated British's Downside Deviation of 1.28, risk adjusted performance of 0.0908, and Mean Deviation of 1.19 to double-check if our risk estimates are consistent with your expectations.
Associated Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Associated |
Sharpe Ratio = 0.1309
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Estimated Market Risk
| 1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.13 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
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Price Boundaries
Associated British Period Price Range
Associated British May 2, 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
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 | 0.0908 | |||
| Jensen Alpha | 0.2394 | |||
| Total Risk Alpha | 0.1039 | |||
| Sortino Ratio | 0.1488 | |||
| Treynor Ratio | (2.81) |
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Check out Trending Equities to better understand how to build diversified portfolios. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.
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