Tuesday, 5 March 2013

Most successful months for Associated British Foods (ADF.L)

The purpose of this analysis is simply to see which month's in the year typically see an increase in the share price against the previous month for Associated British Foods (ABF.L).

This test has been conducted using 10 years worth of share price history for ABF.L. The calculation has been based on the closing prices of each month, for example if January closed at a share price of 1289 and February closed at a price of 1385 then this will be considered as an increase in the share price in the month of February.

The y-axis in the chart below illustrates the number of years a particular month has seen an increase in the share price for Associated British Foods.

The chart above illustrates that on average from February to October their is a fairly consistent average likeliness for a month to see an increase or decrease. November and December on average typically see an increase in the share price and January typically has a decrease in the share price with only 2 out of the last 10 years tested actually seeing an increase.

The test illustrates that Associated British Foods tends to start with a decreasing month and moves towards months that have a fairly consistent average of increasing or decreasing and then end the year with two months that tend to increase. This is merely a simple analysis of which months frequently see an increase or decrease. Therefore, other factors may need to be considered on various areas, for instance the fundamentals may need to be examined to determine why January has the highest amount of decreases in share price. Additionally if you feel that any further detail is required please let us know and we will add this to this analysis. 

Comment below if you want us to analyse another area of the Associated British Foods stock.

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