Antofagasta Plc Stock Probability of Future Pink Sheet Price Finishing Under 20.83
| ANFGF Stock | USD 20.83 0.67 3.12% |
Antofagasta |
Antofagasta PLC Target Price Odds to finish below 20.83
The tendency of Antofagasta Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move below current price in 90 days |
| 20.83 | 90 days | 20.83 | about 5.39 |
Based on a normal probability distribution, the odds of Antofagasta PLC to move below current price in 90 days from now is about 5.39 (This Antofagasta PLC probability density function shows the probability of Antofagasta Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Antofagasta PLC has a beta of 0.65. This suggests as returns on the market go up, Antofagasta PLC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Antofagasta PLC will be expected to be much smaller as well. Additionally Antofagasta PLC has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Antofagasta PLC Price Density |
| Price |
Predictive Modules for Antofagasta PLC
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Antofagasta 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.Antofagasta PLC Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Antofagasta PLC is not an exception. The market had few large corrections towards the Antofagasta PLC's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Antofagasta PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Antofagasta PLC within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.27 | |
β | Beta against Dow Jones | 0.65 | |
σ | Overall volatility | 1.82 | |
Ir | Information ratio | -0.09 |
Antofagasta PLC Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Antofagasta PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Antofagasta PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Antofagasta PLC generated a negative expected return over the last 90 days | |
| Antofagasta PLC has high historical volatility and very poor performance | |
| About 65.0% of the company shares are held by company insiders |
Antofagasta PLC Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Antofagasta Pink Sheet often depends not only on the future outlook of the current and potential Antofagasta PLC's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Antofagasta PLC's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 985.9 M |
Antofagasta PLC Technical Analysis
Antofagasta PLC's future price can be derived by breaking down and analyzing its technical indicators over time. Antofagasta Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Antofagasta PLC. In general, you should focus on analyzing Antofagasta Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Antofagasta PLC Predictive Forecast Models
Antofagasta PLC's time-series forecasting models is one of many Antofagasta PLC's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Antofagasta PLC's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Antofagasta PLC
Checking the ongoing alerts about Antofagasta PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Antofagasta PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Antofagasta PLC generated a negative expected return over the last 90 days | |
| Antofagasta PLC has high historical volatility and very poor performance | |
| About 65.0% of the company shares are held by company insiders |
Other Information on Investing in Antofagasta Pink Sheet
Antofagasta PLC financial ratios help investors to determine whether Antofagasta 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 Antofagasta with respect to the benefits of owning Antofagasta PLC security.