ASSOC BR (Germany) Price on July 15, 2024
AFO2 Stock | EUR 24.60 0.00 0.00% |
If you're considering investing in ASSOC Stock, it is important to understand the factors that can impact its price. As of today, the current price of ASSOC BR stands at 24.60, as last reported on the 28th of December, with the highest price reaching 24.60 and the lowest price hitting 24.60 during the day. ASSOC BR FOODS secures Sharpe Ratio (or Efficiency) of -0.0835, which signifies that the company had a -0.0835% return per unit of risk over the last 3 months. ASSOC BR FOODS exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ASSOC BR's mean deviation of 1.12, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
ASSOC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ASSOC |
Sharpe Ratio = -0.0835
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | AFO2 |
Estimated Market Risk
1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average ASSOC BR 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 ASSOC BR by adding ASSOC BR to a well-diversified portfolio.
ASSOC BR Valuation on July 15, 2024
It is possible to determine the worth of ASSOC BR on a given historical date. On July 15, 2024 ASSOC was worth 28.36 at the beginning of the trading date compared to the closed value of 28.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ASSOC BR stock. Still, in general, we apply an absolute valuation method to find ASSOC BR'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 ASSOC BR where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ASSOC BR's related companies.
Open | High | Low | Close | Volume | |
27.98 | 28.75 | 27.98 | 28.75 | 140.00 | |
07/15/2024 | 28.36 | 28.36 | 28.36 | 28.36 | 140.00 |
28.17 | 28.17 | 28.17 | 28.17 | 1.00 |
Backtest ASSOC BR | | | ASSOC BR History | | | ASSOC BR Valuation | Previous | Next |
ASSOC BR Trading Date Momentum on July 15, 2024
On July 16 2024 ASSOC BR FOODS was traded for 28.17 at the closing time. The maximum traded price for the trading interval was 28.17 and the lowest daily price was 28.17 . There was no trading activity during the period 1.0. Lack of trading volume on 16th of July 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.67% . The overall trading delta to the closing price today is 2.05% . |
ASSOC BR FOODS Fundamentals Correlations and Trends
By evaluating ASSOC BR'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 ASSOC BR's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ASSOC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ASSOC BR Stock history
ASSOC BR 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 ASSOC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ASSOC BR 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 ASSOC BR stock prices may prove useful in developing a viable investing in ASSOC BR
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. ASSOC BR operates under Packaged Foods classification in Germany and is traded on Frankfurt Stock Exchange. It employs 137000 people.
ASSOC BR Stock Technical Analysis
ASSOC BR technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
ASSOC BR Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
ASSOC BR FOODS cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
ASSOC BR December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how ASSOC BR stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ASSOC BR shares will generate the highest return on investment. By undertsting and applying ASSOC BR stock market strength indicators, traders can identify ASSOC BR FOODS entry and exit signals to maximize returns
ASSOC BR Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ASSOC BR's price direction in advance. Along with the technical and fundamental analysis of ASSOC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ASSOC 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 | (0.02) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.11) | |||
Treynor Ratio | (0.09) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for ASSOC Stock analysis
When running ASSOC BR's price analysis, check to measure ASSOC BR'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 ASSOC BR is operating at the current time. Most of ASSOC BR's value examination focuses on studying past and present price action to predict the probability of ASSOC BR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASSOC BR's price. Additionally, you may evaluate how the addition of ASSOC BR to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |