Asbury Story

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ABG -- USA Stock  

USD 93.14  0.71  0.76%

Considering the 60-days investment horizon, Asbury Automotive is expected to generate 2.48 times more return on investment than the market. However, the company is 2.48 times more volatile than its market benchmark. It trades about 0.22 of its potential returns per unit of risk. The DOW is currently generating roughly 0.1 per unit of risk. As many old-fashioned traders are trying to avoid consumer cyclical space, it makes sense to digest Asbury Automotive Group a little further and try to understand its current volatility patterns. We will evaluate if the latest Asbury Automotive price volatility suggests a bounce in August.
Published over two months ago
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Will Asbury Automotive (NYSE:ABG) latest volatility spike continue?
Asbury Automotive Group has roughly 388.6 M in cash with 412.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 20.15.
Volatility is a rate at which the price of Asbury Automotive or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Asbury Automotive may increase or decrease. In other words, similar to Asbury's beta indicator, it measures the risk of Asbury Automotive and helps estimate the fluctuations that may happen in a short period of time. So if prices of Asbury Automotive fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

How important is Asbury Automotive's Liquidity

Asbury Automotive financial leverage refers to using borrowed capital as a funding source to finance Asbury Automotive Group ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Asbury Automotive financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Asbury Automotive's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Asbury Automotive, but it might be worth checking our own buy vs. sell analysis

Asbury Automotive Volatility Drivers

Asbury Automotive unsystematic risk is unique to Asbury Automotive and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Asbury Automotive you can also buy Lithia Motors. You can also mitigate this risk by investing in the auto & truck dealerships sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Asbury Automotive important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Asbury Automotive income statement and balance sheet. Here are more details about Asbury volatility.
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