Associated British Foods Stock Price on April 12, 2024
| ASBFY Stock | USD 32.92 0.14 0.43% |
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 32.92, as last reported on the 2nd of May, with the highest price reaching 32.92 and the lowest price hitting 32.32 during the day. 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-nine technical indicators for Associated British Foods, which you can use to evaluate the volatility of the firm. Please makes use of Associated British's Mean Deviation of 1.2, downside deviation of 1.33, and Risk Adjusted Performance of 0.0535 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.
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Associated British Valuation on April 12, 2024
It is possible to determine the worth of Associated British on a given historical date. On April 12, 2024 Associated was worth 29.99 at the beginning of the trading date compared to the closed value of 29.76. 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 | |
| 30.03 | 30.35 | 29.86 | 30.32 | 4,700 | |
04/12/2024 | 29.99 | 30.03 | 29.70 | 29.76 | 3,400 |
| 30.25 | 30.25 | 29.75 | 29.75 | 5,592 |
| Backtest Associated British | | | Associated British History | | | Associated British Valuation | Previous | Next |
Associated British Trading Date Momentum on April 12, 2024
| On April 15 2024 Associated British Foods was traded for 29.75 at the closing time. The highest daily price throughout the period was 30.25 and the lowest price was 29.75 . The daily volume was 5.6 K. The net trading volume on 04/15/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.03% . The overall trading delta to current closing price is 3.49% . |
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 Brit 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 | April 12, 2024
| High |
29.99 | 29.76 |
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 | 0.0535 | |||
| Jensen Alpha | 0.0778 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0583 | |||
| Treynor Ratio | 0.1275 |
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| 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 Commodity Directory module to find actively traded commodities issued by global exchanges.
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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