Antofagasta PLC Stock Forecast - Accumulation Distribution

ANTO Stock   1,666  6.00  0.36%   
Antofagasta Stock Forecast is based on your current time horizon.
  
At this time, Antofagasta PLC's Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 15.2 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 1.1 B in 2024.
Antofagasta PLC has current Accumulation Distribution of 17645.01. The accumulation distribution (A/D) indicator shows the degree to which Antofagasta PLC is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Antofagasta PLC to determine if accumulation or reduction is taking place in the market. This value is adjusted by Antofagasta PLC trading volume to give more weight to distributions with higher volume over lower volume.
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Antofagasta PLC Trading Date Momentum

On November 26 2024 Antofagasta PLC was traded for  1,666  at the closing time. The highest price during the trading period was 1,678  and the lowest recorded bid was listed for  1,640 . The volume for the day was 789.3 K. This history from November 26, 2024 did not affect price variability. The overall trading delta to the current price is 0.96% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for Antofagasta PLC

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

Antofagasta PLC 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 Antofagasta PLC stock to make a market-neutral strategy. Peer analysis of Antofagasta PLC could also be used in its relative valuation, which is a method of valuing Antofagasta PLC by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Antofagasta PLC Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Antofagasta PLC'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 Antofagasta PLC's current price.

Antofagasta PLC Market Strength Events

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

Antofagasta PLC Risk Indicators

The analysis of Antofagasta PLC'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 Antofagasta PLC's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting antofagasta stock 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Antofagasta Stock Analysis

When running Antofagasta PLC's price analysis, check to measure Antofagasta PLC'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 Antofagasta PLC is operating at the current time. Most of Antofagasta PLC's value examination focuses on studying past and present price action to predict the probability of Antofagasta PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Antofagasta PLC's price. Additionally, you may evaluate how the addition of Antofagasta PLC to your portfolios can decrease your overall portfolio volatility.