ASSOCIATED BRITISH Probability of Target Price Finishing Over 31.68

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ASBFY -- USA Stock  

USD 34.68  0.10  0.29%

ASSOCIATED BRITISH probability of target price tool provides mechanism to make assumptions about upside and downside potential of ASSOCIATED BRITISH FOODS performance during a given time horizon utilizing its historical volatility. Please specify ASSOCIATED BRITISH time horizon, a valid symbol (red box) and a target price (blue box) you would like ASSOCIATED BRITISH odds to be computed. Please continue to ASSOCIATED BRITISH Backtesting, ASSOCIATED BRITISH Valuation, ASSOCIATED BRITISH Correlation, ASSOCIATED BRITISH Hype Analysis, ASSOCIATED BRITISH Volatility, ASSOCIATED BRITISH History as well as ASSOCIATED BRITISH Performance.
Horizon     30 Days    Login   to change
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ASSOCIATED BRITISH Target Price Odds to finish over 31.68

Current PriceHorizonTarget PriceOdds to stay above $ 31.68  in 30 days
 34.68 30 days 31.68 
about 70.61
Based on normal probability distribution, the odds of ASSOCIATED BRITISH to stay above $ 31.68  in 30 days from now is about 70.61 (This ASSOCIATED BRITISH FOODS probability density function shows the probability of ASSOCIATED BRITISH OTC Stock to fall within a particular range of prices over 30 days) . Probability of ASSOCIATED BRITISH FOODS price to stay between $ 31.68  and its current price of $34.68 at the end of the 30-day period is about 55.62 .
Assuming 30 trading days horizon, ASSOCIATED BRITISH has beta of 0.6719 . This suggests as returns on market go up, ASSOCIATED BRITISH average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ASSOCIATED BRITISH FOODS will be expected to be much smaller as well. Additionally The company has an alpha of 0.2538 implying that it can potentially generate 0.2538% excess return over DOW after adjusting for the inherited market risk (beta).
 ASSOCIATED BRITISH Price Density 
    
  Price 
α
Alpha over DOW
=0.25
β
Beta against DOW=0.67
σ
Overall volatility
=1.90
Ir
Information ratio =0.10

ASSOCIATED BRITISH Alerts and Suggestions

On December 12, 2019 ASSOCIATED BRITISH paid $ 0.4419 per share dividend to its current shareholders
Latest headline from www.nasdaq.com: How to Time the Markets Like an Investing Pro - January 24, 2020 - Nasdaq

ASSOCIATED BRITISHPrice Density Drivers

Trailing Annual Dividend Rate0.60
Float Shares327.58M
Average Daily Volume Last 10 Day10.12k
Average Daily Volume In Three Month15.36k
Trailing Annual Dividend Yield1.72%