Anglo OTC Stock Market Value

NGLOY
 Stock
  

USD 18.97  1.53  7.46%   

Anglo American's market value is the price at which a share of Anglo American stock trades on a public exchange. It measures the collective expectations of Anglo American PLC investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Anglo American PLC and determine expected loss or profit from investing in Anglo American over a given investment horizon. Additionally, see Anglo American Correlation, Anglo American Volatility and Anglo American Alpha and Beta module to complement your research on Anglo American.
Symbol


Please note, there is a significant difference between Anglo American's value and its price as these two are different measures arrived at by different means. Investors typically determine Anglo American value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Anglo American's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Anglo American '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 Anglo American's otc 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 Anglo American.
0.00
11/01/2022
No Change 0.00  0.0 
In 31 days
12/01/2022
0.00
If you would invest  0.00  in Anglo American on November 1, 2022 and sell it all today you would earn a total of 0.00 from holding Anglo American PLC or generate 0.0% return on investment in Anglo American over 30 days. Anglo American is related to or competes with Microsoft. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and... More

Anglo American 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 Anglo American's otc 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 Anglo American PLC upside and downside potential and time the market with a certain degree of confidence.

Anglo American Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Anglo American's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Anglo American's standard deviation. In reality, there are many statistical measures that can use Anglo American historical prices to predict the future Anglo American's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Anglo American's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Anglo American in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
15.0618.9722.88
Details
Intrinsic
Valuation
LowReal ValueHigh
14.1518.0621.97
Details
Naive
Forecast
LowNext ValueHigh
14.9218.8322.73
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.3920.1320.87
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Anglo American. Your research has to be compared to or analyzed against Anglo American's peers to derive any actionable benefits. When done correctly, Anglo American's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Anglo American PLC.

Anglo American PLC Backtested Returns

Anglo American appears to be not too volatile, given 3 months investment horizon. Anglo American PLC secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had 0.13% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. By analyzing Anglo American PLC technical indicators you can presently evaluate if the expected return of 0.51% is justified by implied risk. Please makes use of Anglo American's mean deviation of 3.01, and Risk Adjusted Performance of 0.1374 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Anglo American holds a performance score of 10. The firm shows a Beta (market volatility) of 1.8976, which signifies a somewhat significant risk relative to the market. Let's try to break down what Anglo's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Anglo American will likely underperform. Although it is vital to follow Anglo American PLC historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-one technical indicators for Anglo American PLC, which you can use to evaluate the performance of the firm. Please makes use of Anglo American PLC semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to make a quick decision on whether Anglo American price patterns will revert.

Auto-correlation

    
  0.74  

Good predictability

Anglo American PLC has good predictability. Overlapping area represents the amount of predictability between Anglo American time series from 1st of November 2022 to 16th of November 2022 and 16th of November 2022 to 1st of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Anglo American PLC price movement. The serial correlation of 0.74 indicates that around 74.0% of current Anglo American price fluctuation can be explain by its past prices.
Correlation Coefficient0.74
Spearman Rank Test0.65
Residual Average0.0
Price Variance0.32

Anglo American PLC lagged returns against current returns

Autocorrelation, which is Anglo American otc 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 Anglo American's otc stock expected returns. We can calculate the autocorrelation of Anglo American returns to help us make a trade decision. For example, suppose you find that Anglo American otc stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Anglo American 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 Anglo American otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Anglo American otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Anglo American otc stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Anglo American Lagged Returns

When evaluating Anglo American's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Anglo American otc stock have on its future price. Anglo American 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, Anglo American autocorrelation shows the relationship between Anglo American otc stock current value and its past values and can show if there is a momentum factor associated with investing in Anglo American PLC.
   Regressed Prices   
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       Timeline  

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Anglo American in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Anglo American's short interest history, or implied volatility extrapolated from Anglo American options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Anglo American PLC using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Additionally, see Anglo American Correlation, Anglo American Volatility and Anglo American Alpha and Beta module to complement your research on Anglo American. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for analysis

When running Anglo American PLC price analysis, check to measure Anglo American'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 Anglo American is operating at the current time. Most of Anglo American's value examination focuses on studying past and present price action to predict the probability of Anglo American's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Anglo American's price. Additionally, you may evaluate how the addition of Anglo American to your portfolios can decrease your overall portfolio volatility.
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Anglo American technical otc 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, otc market cycles, or different charting patterns.
A focus of Anglo American technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Anglo American trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...