Anglogold Ashanti Plc Stock Alpha and Beta Analysis

AU Stock  USD 22.20  0.21  0.95%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as AngloGold Ashanti Plc. It also helps investors analyze the systematic and unsystematic risks associated with investing in AngloGold Ashanti over a specified time horizon. Remember, high AngloGold Ashanti's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to AngloGold Ashanti's market risk premium analysis include:
Beta
1.74
Alpha
0.0549
Risk
2.8
Sharpe Ratio
0.12
Expected Return
0.33
Please note that although AngloGold Ashanti alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, AngloGold Ashanti did 0.05  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of AngloGold Ashanti Plc stock's relative risk over its benchmark. AngloGold Ashanti Plc has a beta of 1.74  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, AngloGold Ashanti will likely underperform. At this time, AngloGold Ashanti's Price Book Value Ratio is comparatively stable compared to the past year. Price Fair Value is likely to gain to 3.17 in 2024, whereas Enterprise Value Multiple is likely to drop 9.66 in 2024.

AngloGold Ashanti Quarterly Cash And Equivalents

722 Million

Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out AngloGold Ashanti Backtesting, AngloGold Ashanti Valuation, AngloGold Ashanti Correlation, AngloGold Ashanti Hype Analysis, AngloGold Ashanti Volatility, AngloGold Ashanti History and analyze AngloGold Ashanti Performance.

AngloGold Ashanti Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. AngloGold Ashanti market risk premium is the additional return an investor will receive from holding AngloGold Ashanti long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in AngloGold Ashanti. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate AngloGold Ashanti's performance over market.
α0.05   β1.74

AngloGold Ashanti expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of AngloGold Ashanti's Buy-and-hold return. Our buy-and-hold chart shows how AngloGold Ashanti performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

AngloGold Ashanti Market Price Analysis

Market price analysis indicators help investors to evaluate how AngloGold Ashanti stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AngloGold Ashanti shares will generate the highest return on investment. By understating and applying AngloGold Ashanti stock market price indicators, traders can identify AngloGold Ashanti position entry and exit signals to maximize returns.

AngloGold Ashanti Return and Market Media

The median price of AngloGold Ashanti for the period between Fri, Dec 29, 2023 and Thu, Mar 28, 2024 is 17.86 with a coefficient of variation of 10.65. The daily time series for the period is distributed with a sample standard deviation of 1.99, arithmetic mean of 18.67, and mean deviation of 1.67. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Its created with a big red love the ultra-inspirational music of Ghanaian star Black Sherif
02/13/2024
2
Stocks Showing Rising Market Leadership AngloGold Ashanti Earns 81 RS Rating
03/08/2024
3
Altius Minerals Q4 And Full Year 2023 Earnings Highlights Two Development Royalties Catch Attention
03/18/2024
4
Riassunto AngloGold Ashanti pubblica la versione sintetizzata preliminare dei bilanci di esercizio consolidati non ancora sottoposti a revisione contabile relat...
03/19/2024
5
AngloGold Ashanti divulga demonstraes financeiras consolidadas condensadas preliminares no auditadas para os seis meses e o ano encerrado em 31 de dezembro de 2...
03/21/2024
6
Tropical Modernism Architecture Independence rise and fall of unique design
03/22/2024
7
The Fray To Play 2024 Alameda County Fair
03/25/2024
8
Institutions profited after AngloGold Ashanti plcs market cap rose US467m last week but retail investors profited the most
03/27/2024

About AngloGold Ashanti Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including AngloGold or other stocks. Alpha measures the amount that position in AngloGold Ashanti Plc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02730.0250.02870.0209
Price To Sales Ratio2.191.82.082.63

AngloGold Ashanti Upcoming Company Events

As portrayed in its financial statements, the presentation of AngloGold Ashanti's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, AngloGold Ashanti's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of AngloGold Ashanti's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of AngloGold Ashanti. Please utilize our Beneish M Score to check the likelihood of AngloGold Ashanti's management manipulating its earnings.
28th of February 2024
Upcoming Quarterly Report
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28th of June 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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28th of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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When determining whether AngloGold Ashanti Plc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if AngloGold Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Anglogold Ashanti Plc Stock. Highlighted below are key reports to facilitate an investment decision about Anglogold Ashanti Plc Stock:

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When running AngloGold Ashanti's price analysis, check to measure AngloGold Ashanti'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 AngloGold Ashanti is operating at the current time. Most of AngloGold Ashanti's value examination focuses on studying past and present price action to predict the probability of AngloGold Ashanti's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AngloGold Ashanti's price. Additionally, you may evaluate how the addition of AngloGold Ashanti to your portfolios can decrease your overall portfolio volatility.
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AngloGold Ashanti 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.
A focus of AngloGold Ashanti technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AngloGold Ashanti 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...