Anglo American (Germany) Probability of Future Stock Price Finishing Under 21.92
| NGLB Stock | EUR 30.69 0.92 3.09% |
Anglo |
Anglo American Target Price Odds to finish below 21.92
The tendency of Anglo Stock 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 drop to € 21.92 or more in 90 days |
| 30.69 | 90 days | 21.92 | near 1 |
Based on a normal probability distribution, the odds of Anglo American to drop to € 21.92 or more in 90 days from now is near 1 (This Anglo American plc probability density function shows the probability of Anglo Stock to fall within a particular range of prices over 90 days) . Probability of Anglo American plc price to stay between € 21.92 and its current price of €30.69 at the end of the 90-day period is under 95 .
Assuming the 90 days trading horizon Anglo American has a beta of 0.37. This indicates as returns on the market go up, Anglo American average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Anglo American plc will be expected to be much smaller as well. Additionally Anglo American plc has an alpha of 0.3364, implying that it can generate a 0.34 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Anglo American Price Density |
| Price |
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 stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the 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.Anglo American Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Anglo American is not an exception. The market had few large corrections towards the Anglo American'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 Anglo American plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Anglo American within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.34 | |
β | Beta against Dow Jones | 0.37 | |
σ | Overall volatility | 1.75 | |
Ir | Information ratio | 0.11 |
Anglo American 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 Anglo Stock often depends not only on the future outlook of the current and potential Anglo American'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. Anglo American's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.3 B |
Anglo American Technical Analysis
Anglo American's future price can be derived by breaking down and analyzing its technical indicators over time. Anglo Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Anglo American plc. In general, you should focus on analyzing Anglo Stock price patterns and their correlations with different microeconomic environments and drivers.
Anglo American Predictive Forecast Models
Anglo American's time-series forecasting models is one of many Anglo American's stock 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 Anglo American'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 stock market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Anglo American in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Anglo American's short interest history, or implied volatility extrapolated from Anglo American options trading.
Other Information on Investing in Anglo Stock
Anglo American financial ratios help investors to determine whether Anglo Stock 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.