ASSOCIATED BRITISH Probability of Target Price Finishing Above 31.68

ASBFY -- USA Stock  

0.398 Dividend

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. Check also 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 below 31.68

Current PriceHorizonTarget PriceOdds to drop to $ 31.68  or more in 30 days
 34.85 30 days 31.68 
about 76.76
Based on normal probability distribution, the odds of ASSOCIATED BRITISH to drop to $ 31.68  or more in 30 days from now is about 76.76 (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 $34.85 at the end of the 30-day period is about 21.55 .
Assuming 30 trading days horizon, ASSOCIATED BRITISH has beta of 0.5783 . 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 0.2534 implying that it can potentially generate 0.2534% 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=0.58
σ
Overall volatility
=2.23
Ir
Information ratio =0.11

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: Associated British Foods Continues To Project Progress In FY Adj. Earnings - Nasdaq

ASSOCIATED BRITISHPrice Density Drivers

Trailing Annual Dividend Rate0.60
Float Shares326.86M
Average Daily Volume Last 10 Day12.02k
Average Daily Volume In Three Month62.95k
Trailing Annual Dividend Yield1.86%
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