Anglo American Pink Sheet Forecast - Simple Regression
| NGLOY Stock | USD 24.08 0.45 1.90% |
Anglo Pink Sheet outlook is based on your current time horizon.
The relative strength index (RSI) of Anglo American's pink sheet price is slightly above 68. This indicates that the pink sheet is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Anglo, making its price go up or down. Momentum 68
Buy Stretched
Oversold | Overbought |
Using Anglo American hype-based prediction, you can estimate the value of Anglo American PLC from the perspective of Anglo American response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Regression forecasted value of Anglo American PLC on the next trading day is expected to be 22.33 with a mean absolute deviation of 0.57 and the sum of the absolute errors of 34.86. Anglo American after-hype prediction price | USD 23.74 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as pink sheet price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Anglo |
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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Anglo American Simple Regression Price Forecast For the 28th of January
Given 90 days horizon, the Simple Regression forecasted value of Anglo American PLC on the next trading day is expected to be 22.33 with a mean absolute deviation of 0.57, mean absolute percentage error of 0.52, and the sum of the absolute errors of 34.86.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
| Backtest Anglo American | Anglo American Price Prediction | Buy or Sell Advice |
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 20.45 and 24.22, 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.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Regression 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.| AIC | Akaike Information Criteria | 117.4578 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.5715 |
| MAPE | Mean absolute percentage error | 0.0289 |
| SAE | Sum of the absolute errors | 34.8637 |
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 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.Anglo American After-Hype Price Density Analysis
As far as predicting the price of Anglo American at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Anglo American or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Pink Sheet prices, such as prices of Anglo American, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Anglo American Estimiated After-Hype Price Volatility
In the context of predicting Anglo American's pink sheet value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Anglo American's historical news coverage. Anglo American's after-hype downside and upside margins for the prediction period are 21.84 and 25.64, respectively. We have considered Anglo American's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Anglo American is very steady at this time. Analysis and calculation of next after-hype price of Anglo American PLC is based on 3 months time horizon.
Anglo American Pink Sheet Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Anglo American is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Anglo American backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Pink Sheet price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Anglo American, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.36 | 1.89 | 0.00 | 0.02 | 0 Events / Month | 0 Events / Month | Uncertain |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
24.08 | 23.74 | 0.17 |
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Anglo American Hype Timeline
Anglo American PLC is now traded for 24.08. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -0.02. Anglo is estimated to increase in value after the next headline, with the price projected to jump to 23.74 or above. The average volatility of media hype impact on the company the price is insignificant. The price jump on the next news is estimated to be 0.17%, whereas the daily expected return is now at 0.36%. The volatility of related hype on Anglo American is about 4525.35%, with the expected price after the next announcement by competition of 24.06. The company reported the revenue of 41.55 B. Net Income was 8.56 B with profit before overhead, payroll, taxes, and interest of 28.19 B. Assuming the 90 days horizon the next estimated press release will be uncertain. Check out Historical Fundamental Analysis of Anglo American to cross-verify your projections.Anglo American Related Hype Analysis
Having access to credible news sources related to Anglo American's direct competition is more important than ever and may enhance your ability to predict Anglo American's future price movements. Getting to know how Anglo American's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Anglo American may potentially react to the hype associated with one of its peers.
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.View Anglo American Related Equities
| Risk & Return | Correlation |
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 PLC 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.
| Mean Deviation | 1.55 | |||
| Semi Deviation | 1.58 | |||
| Standard Deviation | 1.89 | |||
| Variance | 3.55 | |||
| Downside Variance | 3.38 | |||
| Semi Variance | 2.51 | |||
| Expected Short fall | (1.70) |
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.
Story Coverage note for Anglo American
The number of cover stories for Anglo American depends on current market conditions and Anglo American's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Anglo American is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Anglo American's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Additional Tools for Anglo Pink Sheet Analysis
When running Anglo American's price analysis, check to measure Anglo American'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 Anglo American is operating at the current time. Most of Anglo American's value examination focuses on studying past and present price action to predict the probability of Anglo American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anglo American's price. Additionally, you may evaluate how the addition of Anglo American to your portfolios can decrease your overall portfolio volatility.