Anglo American Pink Sheet Forecast - 4 Period Moving Average

AGPPF Stock  USD 37.67  0.36  0.95%   
The 4 Period Moving Average forecasted value of Anglo American Platinum on the next trading day is expected to be 37.76 with a mean absolute deviation of 1.50 and the sum of the absolute errors of 85.47. Anglo Pink Sheet Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Anglo American's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
A four-period moving average forecast model for Anglo American Platinum is based on an artificially constructed daily price series in which the value for a given day is replaced by the mean of that value and the values for four preceding and succeeding time periods. This model is best suited to forecast equities with high volatility.

Anglo American 4 Period Moving Average Price Forecast For the 25th of November

Given 90 days horizon, the 4 Period Moving Average forecasted value of Anglo American Platinum on the next trading day is expected to be 37.76 with a mean absolute deviation of 1.50, mean absolute percentage error of 4.17, and the sum of the absolute errors of 85.47.
Please note that although there have been many attempts to predict Anglo Pink Sheet prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Anglo American's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Anglo American Pink Sheet Forecast Pattern

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Anglo American Forecasted Value

In the context of forecasting Anglo American's Pink Sheet value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Anglo American's downside and upside margins for the forecasting period are 33.57 and 41.95, respectively. We have considered Anglo American's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
37.67
37.76
Expected Value
41.95
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the 4 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Anglo American pink sheet data series using in forecasting. Note that when a statistical model is used to represent Anglo American pink sheet, 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.
AICAkaike Information Criteria112.186
BiasArithmetic mean of the errors -0.0867
MADMean absolute deviation1.4996
MAPEMean absolute percentage error0.0413
SAESum of the absolute errors85.475
The four period moving average method has an advantage over other forecasting models in that it does smooth out peaks and troughs in a set of daily price observations of Anglo American. However, it also has several disadvantages. In particular this model does not produce an actual prediction equation for Anglo American Platinum and therefore, it cannot be a useful forecasting tool for medium or long range price predictions

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 Platinum. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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
LowEstimatedHigh
33.4837.6741.86
Details
Intrinsic
Valuation
LowRealHigh
26.9831.1741.44
Details
Bollinger
Band Projection (param)
LowMiddleHigh
37.6737.6737.67
Details

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 Pink Sheet 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

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Anglo American pink sheet to make a market-neutral strategy. Peer analysis of Anglo American could also be used in its relative valuation, which is a method of valuing Anglo American by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Anglo American Platinum Technical and Predictive Analytics

The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Anglo American's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Anglo American's current price.

Anglo American Market Strength Events

Market strength indicators help investors to evaluate how Anglo American pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Anglo American shares will generate the highest return on investment. By undertsting and applying Anglo American pink sheet market strength indicators, traders can identify Anglo American Platinum entry and exit signals to maximize returns.

Anglo American Risk Indicators

The analysis of Anglo American's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Anglo American's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting anglo pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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Other Information on Investing in Anglo Pink Sheet

Anglo American financial ratios help investors to determine whether Anglo Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Anglo with respect to the benefits of owning Anglo American security.