Anglogold Ashanti Plc Stock Technical Analysis
| AU Stock | USD 23.81 0.04 0.17% |
As of the 16th of April 2024, AngloGold Ashanti shows the mean deviation of 2.2, and Risk Adjusted Performance of 0.1326. AngloGold Ashanti plc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to break down and analyze data for nineteen technical drivers for AngloGold Ashanti plc, which can be compared to its peers. Please confirm AngloGold Ashanti plc variance, as well as the relationship between the value at risk and skewness to decide if AngloGold Ashanti plc is priced correctly, providing market reflects its regular price of 23.81 per share. Given that AngloGold Ashanti has jensen alpha of 0.4692, we suggest you to validate AngloGold Ashanti plc's prevailing market performance to make sure the company can sustain itself at a future point.
AngloGold Ashanti Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as AngloGold, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AngloGoldAngloGold |
AngloGold Ashanti Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 22.5 | Buy | 9 | Odds |
Most AngloGold analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand AngloGold stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of AngloGold Ashanti plc, talking to its executives and customers, or listening to AngloGold conference calls.
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.
AngloGold Ashanti plc Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of AngloGold Ashanti plc volatility. High ATR values indicate high volatility, and low values indicate low volatility.
AngloGold Ashanti plc Trend Analysis
Use this graph to draw trend lines for AngloGold Ashanti plc. You can use it to identify possible trend reversals for AngloGold Ashanti as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual AngloGold Ashanti price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.AngloGold Ashanti Best Fit Change Line
The following chart estimates an ordinary least squares regression model for AngloGold Ashanti plc applied against its price change over selected period. The best fit line has a slop of 0.14 , which suggests that AngloGold Ashanti plc will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 693.51, which is the sum of squared deviations for the predicted AngloGold Ashanti price change compared to its average price change.About AngloGold Ashanti Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of AngloGold Ashanti plc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of AngloGold Ashanti plc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on AngloGold Ashanti plc price pattern first instead of the macroeconomic environment surrounding AngloGold Ashanti plc. By analyzing AngloGold Ashanti's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of AngloGold Ashanti's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to AngloGold Ashanti specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | PTB Ratio | 2.2 | 1.99 | 2.29 | 3.17 | Price To Sales Ratio | 2.19 | 1.81 | 2.08 | 2.63 |
AngloGold Ashanti April 16, 2024 Technical Indicators
Most technical analysis of AngloGold help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for AngloGold from various momentum indicators to cycle indicators. When you analyze AngloGold charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1326 | |||
| Market Risk Adjusted Performance | 0.3762 | |||
| Mean Deviation | 2.2 | |||
| Semi Deviation | 1.98 | |||
| Downside Deviation | 2.25 | |||
| Coefficient Of Variation | 502.5 | |||
| Standard Deviation | 2.8 | |||
| Variance | 7.87 | |||
| Information Ratio | 0.1766 | |||
| Jensen Alpha | 0.4692 | |||
| Total Risk Alpha | 0.3124 | |||
| Sortino Ratio | 0.2202 | |||
| Treynor Ratio | 0.3662 | |||
| Maximum Drawdown | 12.47 | |||
| Value At Risk | (3.87) | |||
| Potential Upside | 5.3 | |||
| Downside Variance | 5.06 | |||
| Semi Variance | 3.92 | |||
| Expected Short fall | (2.72) | |||
| Skewness | 0.3991 | |||
| Kurtosis | 0.41 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AngloGold Ashanti plc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for AngloGold Stock analysis
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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Is AngloGold Ashanti's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AngloGold Ashanti. If investors know AngloGold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AngloGold Ashanti listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Dividend Share 0.23 | Earnings Share 0.1 | Revenue Per Share 10.881 | Quarterly Revenue Growth 0.021 |
The market value of AngloGold Ashanti plc is measured differently than its book value, which is the value of AngloGold that is recorded on the company's balance sheet. Investors also form their own opinion of AngloGold Ashanti's value that differs from its market value or its book value, called intrinsic value, which is AngloGold Ashanti's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AngloGold Ashanti's market value can be influenced by many factors that don't directly affect AngloGold Ashanti's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AngloGold Ashanti's value and its price as these two are different measures arrived at by different means. Investors typically determine if AngloGold Ashanti is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AngloGold Ashanti'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.