Associated British Foods Stock Market Value
| ASBFY Stock | USD 27.44 0.79 2.80% |
| Symbol | Associated |
Associated British '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 Associated British's pink sheet 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 Associated British.
| 12/11/2022 |
| 11/30/2024 |
If you would invest 0.00 in Associated British on December 11, 2022 and sell it all today you would earn a total of 0.00 from holding Associated British Foods or generate 0.0% return on investment in Associated British over 720 days. Associated British is related to or competes with Artisan Consumer, Avi, A2 Milk, Aryzta AG, A2 Milk, China Mengniu, and Kerry Group. Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide More
Associated British 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 Associated British's pink sheet 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 Associated British Foods upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 8.36 | |||
| Value At Risk | (3.54) | |||
| Potential Upside | 1.63 |
Associated British Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Associated British's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Associated British's standard deviation. In reality, there are many statistical measures that can use Associated British historical prices to predict the future Associated British's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.76) |
Associated British Foods Backtested Returns
Associated British Foods secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Associated British Foods exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Associated British's Standard Deviation of 1.83, mean deviation of 1.22, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Associated British's returns are expected to increase less than the market. However, during the bear market, the loss of holding Associated British is expected to be smaller as well. At this point, Associated British Foods has a negative expected return of -0.22%. Please make sure to confirm Associated British's jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if Associated British Foods performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Associated British Foods has insignificant reverse predictability. Overlapping area represents the amount of predictability between Associated British time series from 11th of December 2022 to 6th of December 2023 and 6th of December 2023 to 30th of November 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 Associated British Foods price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Associated British price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 3.11 |
Associated British Foods lagged returns against current returns
Autocorrelation, which is Associated British pink sheet'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 Associated British's pink sheet expected returns. We can calculate the autocorrelation of Associated British returns to help us make a trade decision. For example, suppose you find that Associated British has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Associated British 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 Associated British pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Associated British pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Associated British pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Associated British Lagged Returns
When evaluating Associated British's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Associated British pink sheet have on its future price. Associated British 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, Associated British autocorrelation shows the relationship between Associated British pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Associated British Foods.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.