Associated British Foods Stock Today
| ASBFF Stock | USD 29.52 0.44 1.47% |
Performance1 of 100
| Odds Of DistressLess than 9
|
Associated British is trading at 29.52 as of the 19th of April 2024. This is a -1.47 percent decrease since the beginning of the trading day. The stock's lowest day price was 29.52. Associated British has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Associated British Foods are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
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. The company has 785.2 M outstanding shares. More on Associated British Foods
Moving together with Associated Pink Sheet
| 0.74 | KHC | Kraft Heinz Financial Report 1st of May 2024 | PairCorr |
| 0.7 | GIS | General Mills Financial Report 26th of June 2024 | PairCorr |
Moving against Associated Pink Sheet
| 0.56 | CIADY | China Mengniu Dairy | PairCorr |
Follow Valuation Odds of Bankruptcy
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Associated Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Associated British's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Associated British or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | George Weston |
| Business Concentration | Packaged Foods, Consumer Defensive (View all Sectors) |
Associated British Foods [ASBFF] is a Pink Sheet which is traded between brokers over the counter. The company currently falls under 'Large-Cap' category with a current market capitalization of 18.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Associated British's market, we take the total number of its shares issued and multiply it by Associated British's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Associated British Foods classifies itself under Consumer Defensive sector and is part of Packaged Foods industry. The entity has 785.2 M outstanding shares.
Associated British Foods has accumulated about 2.22 B in cash with 1.15 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.82.
Check Associated British Probability Of Bankruptcy
Ownership AllocationAssociated British Foods retains a total of 785.2 Million outstanding shares. Associated British Foods retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Associated Ownership Details
Associated Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Associated British jumping above the current price in 90 days from now is about 25.25%. The Associated British Foods probability density function shows the probability of Associated British pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Associated British Foods has a beta of -0.0487. This suggests as returns on the benchmark increase, returns on holding Associated British are expected to decrease at a much lower rate. During a bear market, however, Associated British Foods is likely to outperform the market. Additionally, associated British Foods has an alpha of 0.007, implying that it can generate a 0.006991 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Associated British to move above the current price in 90 days from now is about 25.25 (This Associated British Foods probability density function shows the probability of Associated Pink Sheet to fall within a particular range of prices over 90 days) .
Associated British Foods Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Associated British market risk premium is the additional return an investor will receive from holding Associated British long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Associated British. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Associated British's alpha and beta are two of the key measurements used to evaluate Associated British's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.1776 | |||
| Standard Deviation | 0.602 | |||
| Variance | 0.3624 | |||
| Risk Adjusted Performance | 0.0142 |
Associated Stock Against Markets
Picking the right benchmark for Associated British pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Associated British pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Associated British is critical whether you are bullish or bearish towards Associated British Foods at a given time. Please also check how Associated British's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Associated British without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Associated British Corporate Directors
Associated British corporate directors refer to members of an Associated British board of directors. The board of directors generally takes responsibility for the Associated British's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Associated British's board members must vote for the resolution. The Associated British board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| John Bason | Fin. Director and Executive Director | Profile | |
| Timothy Clarke | Senior Independent Non-Executive Director | Profile | |
| Javier Ferran | Independent Non-Executive Director | Profile | |
| Wolfhart Hauser | Non-Executive Director | Profile |
How to buy Associated Pink Sheet?
Before investing in Associated British, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Associated British. To buy Associated British stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Associated British. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Associated British stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Associated British Foods stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Associated British Foods stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Associated British Foods, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Associated British Foods?
The danger of trading Associated British Foods is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Associated British is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Associated British. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Associated British Foods is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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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