Anglo American OTC Stock Forecast - Naive Prediction

Anglo American Additional Predictive Modules

Most predictive techniques to examine Anglo price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Anglo using various technical indicators. When you analyze Anglo charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur. A naive forecasting model for Anglo American is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Anglo American plc value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Anglo American Naive Prediction Price Forecast For the 29th of January

Given 90 days horizon, the Naive Prediction forecasted value of Anglo American plc on the next trading day is expected to be 48.81 with a mean absolute deviation of 0.73, mean absolute percentage error of 0.85, and the sum of the absolute errors of 44.76.

Anglo American OTC Stock Forecast Pattern

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Anglo American Price Prediction

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Anglo American Forecasted Value

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Anglo American otc stock data series using in forecasting. Note that when a statistical model is used to represent Anglo American otc stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality. This model is not at all useful as a medium-long range forecasting tool of Anglo American plc. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Anglo American. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Anglo American

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Anglo American plc. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Hype Prediction Low Estimated High 46.15 48.67 51.19 Details

Intrinsic Valuation Low Real High 36.90 39.42 53.54 Details

Bollinger Band Projection (param) Low Middle High 38.25 43.18 48.11 Details

Anglo American After-Hype Price Density Analysis

Anglo American Estimiated After-Hype Price Volatility

Anglo American OTC Stock Price Outlook Analysis

Notes

Anglo American Hype Timeline

Anglo American plc is presently traded for 48.67. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.75. Anglo is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is presently at 0.49%. %. The volatility of related hype on Anglo American is about 156.49%, with the expected price after the next announcement by competition of 47.92. About 56.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.92. Some equities with similar Price to Book (P/B) outperform the market in the long run. Anglo American plc recorded earning per share (EPS) of 5.71. The entity last dividend was issued on the 18th of August 2022. Assuming the 90 days horizon the next forecasted press release will be in 5 to 10 days. Check out Historical Fundamental Analysis of Anglo American to cross-verify your projections.

Anglo American Related Hype Analysis

Other Forecasting Options for Anglo American

For every potential investor in Anglo, whether a beginner or expert, Anglo American's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Anglo OTC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Anglo. Basic forecasting techniques help filter out the noise by identifying Anglo American's price trends.

Anglo American Related Equities

Risk & Return

Correlation

Anglo American Market Strength Events

Anglo American Risk Indicators

Story Coverage note for Anglo American

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Other Information on Investing in Anglo OTC Stock