ASSOCIATED BRITISH Risk Analysis And Volatility

ASBFY -- USA Stock  

USD 32.91  0.37  1.11%

Macroaxis considers ASSOCIATED BRITISH not too volatile given 3 months investment horizon. ASSOCIATED BRITISH FOODS secures Sharpe Ratio (or Efficiency) of 0.1573 which signifies that the organization had 0.1573% of return per unit of risk over the last 3 months. Our philosophy in foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for ASSOCIATED BRITISH FOODS which you can use to evaluate future volatility of the firm. Please makes use of ASSOCIATED BRITISH FOODS Mean Deviation of 1.35 and Risk Adjusted Performance of 0.088 to double-check if our risk estimates are consistent with your expectations.

90 Days Market Risk

Not too volatile

Chance of Distress in 24 months

Very low

90 Days Economic Sensitivity

Follows market closely
Horizon     30 Days    Login   to change

ASSOCIATED BRITISH Market Sensitivity

As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, ASSOCIATED BRITISH will likely underperform.
3 Months Beta |Analyze ASSOCIATED BRITISH FOODS Demand Trend
Check current 30 days ASSOCIATED BRITISH correlation with market (DOW)
β = 1.3493

ASSOCIATED BRITISH Central Daily Price Deviation

ASSOCIATED BRITISH FOODS Technical Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. ASSOCIATED BRITISH Typical Price indicator is an average of each day price and can be used instead of closing price when creating different ASSOCIATED BRITISH FOODS moving average lines. View also all equity analysis or get more info about typical price price transform indicator.

ASSOCIATED BRITISH Projected Return Density Against Market

Assuming 30 trading days horizon, the otc stock has beta coefficient of 1.3493 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, ASSOCIATED BRITISH will likely underperform. Moreover, The company has an alpha of 0.197 implying that it can potentially generate 0.197% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of ASSOCIATED BRITISH is 635.84. The daily returns are destributed with a variance of 4.01 and standard deviation of 2.0. The mean deviation of ASSOCIATED BRITISH FOODS is currently at 1.33. For similar time horizon, the selected benchmark (DOW) has volatility of 0.61
α
Alpha over DOW
=0.20
β
Beta against DOW=1.35
σ
Overall volatility
=2.00
Ir
Information ratio =0.10

ASSOCIATED BRITISH Return Volatility

the company shows 2.0033% volatility of returns over 30 trading days. the entity inherits 0.607% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

ASSOCIATED BRITISH Investment Opportunity

ASSOCIATED BRITISH FOODS has a volatility of 2.0 and is 3.28 times more volatile than DOW. 17  of all equities and portfolios are less risky than ASSOCIATED BRITISH. Compared to the overall equity markets, volatility of historical daily returns of ASSOCIATED BRITISH FOODS is lower than 17 () of all global equities and portfolios over the last 30 days. Use ASSOCIATED BRITISH FOODS to protect your portfolios against small markets fluctuations. The otc stock experiences bearish sentiment with high volatility. Check odds of ASSOCIATED BRITISH to be traded at $31.92 in 30 days. . As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, ASSOCIATED BRITISH will likely underperform.

ASSOCIATED BRITISH correlation with market

correlation synergy
Very weak diversification
Overlapping area represents the amount of risk that can be diversified away by holding ASSOCIATED BRITISH FOODS and equity matching DJI index in the same portfolio.

ASSOCIATED BRITISH Current Risk Indicators

ASSOCIATED BRITISH Suggested Diversification Pairs

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