ASSOC BR (Germany) Market Value
| AFO2 Stock | EUR 26.60 0.60 2.21% |
| Symbol | ASSOC |
ASSOC BR 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ASSOC BR's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ASSOC BR.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in ASSOC BR on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding ASSOC BR FOODS or generate 0.0% return on investment in ASSOC BR over 30 days. ASSOC BR is related to or competes with Hormel Foods, Superior Plus, SIVERS SEMICONDUCTORS, NorAm Drilling, Norsk Hydro, Reliance Steel, and RYOHIN UNSPADR1. Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide More
ASSOC BR Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ASSOC BR's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ASSOC BR FOODS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.95 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 9.28 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 2.33 |
ASSOC BR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ASSOC BR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ASSOC BR's standard deviation. In reality, there are many statistical measures that can use ASSOC BR historical prices to predict the future ASSOC BR's volatility.| Risk Adjusted Performance | 0.038 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.049 |
ASSOC BR FOODS Backtested Returns
At this point, ASSOC BR is very steady. ASSOC BR FOODS secures Sharpe Ratio (or Efficiency) of 0.0382, which signifies that the company had a 0.0382% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ASSOC BR FOODS, which you can use to evaluate the volatility of the firm. Please confirm ASSOC BR's risk adjusted performance of 0.038, and Mean Deviation of 1.03 to double-check if the risk estimate we provide is consistent with the expected return of 0.0598%. ASSOC BR has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.22, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ASSOC BR will likely underperform. ASSOC BR FOODS currently shows a risk of 1.56%. Please confirm ASSOC BR FOODS sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if ASSOC BR FOODS will be following its price patterns.
Auto-correlation | -0.86 |
Excellent reverse predictability
ASSOC BR FOODS has excellent reverse predictability. Overlapping area represents the amount of predictability between ASSOC BR time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ASSOC BR FOODS price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current ASSOC BR price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
ASSOC BR FOODS lagged returns against current returns
Autocorrelation, which is ASSOC BR stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ASSOC BR's stock expected returns. We can calculate the autocorrelation of ASSOC BR returns to help us make a trade decision. For example, suppose you find that ASSOC BR has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
ASSOC BR regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ASSOC BR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ASSOC BR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ASSOC BR stock over time.
Current vs Lagged Prices |
| Timeline |
ASSOC BR Lagged Returns
When evaluating ASSOC BR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ASSOC BR stock have on its future price. ASSOC BR autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ASSOC BR autocorrelation shows the relationship between ASSOC BR stock current value and its past values and can show if there is a momentum factor associated with investing in ASSOC BR FOODS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ASSOC Stock
ASSOC BR financial ratios help investors to determine whether ASSOC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ASSOC with respect to the benefits of owning ASSOC BR security.