Associated British Foods Stock Today

ASBFY Stock  USD 31.75  0.61  1.96%   

Performance

4 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Associated British is trading at 31.75 as of the 28th of March 2024; that is 1.96 percent up since the beginning of the trading day. The stock's open price was 31.14. Associated British has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant 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 27th of February 2024 and ending today, the 28th of March 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 Brit operates under Packaged Foods classification in the United States and is traded on OTC Exchange. The company has 784.98 M outstanding shares. More on Associated British Foods

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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.
CEOGeorge Weston
Business ConcentrationPackaged Foods, Consumer Defensive (View all Sectors)
Associated British Foods [ASBFY] 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 18.43 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 784.98 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

Associated Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Associated British jumping above the current price in 90 days from now is near 1%. 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 has a beta of 0.6941. This suggests as returns on the market go up, Associated British average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Associated British Foods will be expected to be much smaller as well. Additionally, associated British Foods has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 31.75HorizonTargetOdds Above 31.75
99.73%90 days
 31.75 
0.26%
Based on a normal probability distribution, the odds of Associated British to move above the current price in 90 days from now is near 1 (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.

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.

Be your own money manager

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.

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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 BasonFin. Director and Executive DirectorProfile
Timothy ClarkeSenior Independent Non-Executive DirectorProfile
Javier FerranIndependent Non-Executive DirectorProfile
Wolfhart HauserNon-Executive DirectorProfile

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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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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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Please note, there is a significant difference between Associated British's value and its price as these two are different measures arrived at by different means. Investors typically determine if Associated British is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Associated British's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.