Associated British Foods Stock Price on March 31, 2023
ASBFY Stock | USD 27.54 0.20 0.73% |
If you're considering investing in Associated Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Associated British stands at 27.54, as last reported on the 25th of November, with the highest price reaching 28.09 and the lowest price hitting 27.22 during the day. Associated British Foods secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Associated British Foods exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Associated British's Standard Deviation of 1.82, mean deviation of 1.2, and Risk Adjusted Performance of (0.1) to double-check the risk estimate we provide.
Associated Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Associated |
Sharpe Ratio = -0.1481
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Estimated Market Risk
1.84 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Associated British is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Associated British by adding Associated British to a well-diversified portfolio.
Associated British Valuation on March 31, 2023
It is possible to determine the worth of Associated British on a given historical date. On March 31, 2023 Associated was worth 23.35 at the beginning of the trading date compared to the closed value of 23.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Associated British pink sheet. Still, in general, we apply an absolute valuation method to find Associated British's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Associated British where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Associated British's related companies.
Open | High | Low | Close | Volume | |
23.56 | 23.56 | 23.30 | 23.41 | 9,488 | |
03/31/2023 | 23.35 | 23.38 | 23.30 | 23.30 | 1,390 |
23.33 | 23.33 | 23.21 | 23.33 | 4,074 |
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Associated British Trading Date Momentum on March 31, 2023
On April 03 2023 Associated British Foods was traded for 23.33 at the closing time. The highest daily price throughout the period was 23.33 and the lowest price was 23.21 . The daily volume was 4.1 K. The net trading volume on 04/03/2023 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.13% . The overall trading delta to current closing price is 0.52% . |
Associated British Foods Fundamentals Correlations and Trends
By evaluating Associated British's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Associated British's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Associated financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Associated British Pink Sheet history
Associated British investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Associated is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Associated British Foods will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Associated British stock prices may prove useful in developing a viable investing in Associated British
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. It employs 128000 people.
Associated British Pink Sheet Technical Analysis
Associated British technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
Associated British Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Associated British Foods cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Associated British November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Associated British pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Associated British shares will generate the highest return on investment. By undertsting and applying Associated British pink sheet market strength indicators, traders can identify Associated British Foods entry and exit signals to maximize returns
Associated British Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Associated British's price direction in advance. Along with the technical and fundamental analysis of Associated Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Associated to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.1) | |||
Jensen Alpha | (0.33) | |||
Total Risk Alpha | (0.55) | |||
Treynor Ratio | (0.47) |
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Additional 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.