Anglo American Plc Stock Probability of Future OTC Stock Price Finishing Over 14.86
| NGLOY Stock | USD 14.86 0.24 1.59% |
Anglo |
Anglo American Target Price Odds to finish over 14.86
The tendency of Anglo OTC 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 move above the current price in 90 days |
| 14.86 | 90 days | 14.86 | about 54.74 |
Based on a normal probability distribution, the odds of Anglo American to move above the current price in 90 days from now is about 54.74 (This Anglo American PLC probability density function shows the probability of Anglo OTC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Anglo American PLC has a beta of -0.2. This indicates as returns on the benchmark increase, returns on holding Anglo American are expected to decrease at a much lower rate. During a bear market, however, Anglo American PLC is likely to outperform the market. Additionally Anglo American PLC has an alpha of 0.0785, implying that it can generate a 0.0785 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Anglo American Price Density |
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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 otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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 | 0.08 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 0.84 | |
Ir | Information ratio | -0.02 |
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 OTC 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 OTC 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 OTC 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 otc 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 otc 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.
Additional Tools for Anglo OTC Stock 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.