AngloGold Ashanti Stock Forecast - Daily Balance Of Power

AU Stock  USD 24.94  0.15  0.61%   
AngloGold Stock Forecast is based on your current time horizon.
  
At this time, AngloGold Ashanti's Inventory Turnover is comparatively stable compared to the past year. Receivables Turnover is likely to gain to 192.44 in 2024, whereas Payables Turnover is likely to drop 6.18 in 2024. . Common Stock Shares Outstanding is likely to drop to about 362.3 M in 2024. Net Income Applicable To Common Shares is likely to drop to about 188.6 M in 2024.
On December 28, 2022 AngloGold Ashanti plc had Daily Balance Of Power of (0.66). Balance of Power indicator (or BOP) measures the strength of AngloGold Ashanti plc market sensitivity to bulls and bears. It estimates the ability of AngloGold Ashanti buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring AngloGold Ashanti Balance of Power indicator one can determine a trend of the price direction.
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AngloGold Ashanti Trading Date Momentum

On December 29 2022 AngloGold Ashanti plc was traded for  18.92  at the closing time. The highest price during the trading period was 19.36  and the lowest recorded bid was listed for  18.91 . The volume for the day was 1.8 M. This history from December 29, 2022 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 0.37% . The overall trading delta to the current price is 2.97% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for AngloGold Ashanti

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

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AngloGold Ashanti 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 AngloGold Ashanti'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 AngloGold Ashanti's current price.

AngloGold Ashanti Market Strength Events

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

AngloGold Ashanti Risk Indicators

The analysis of AngloGold Ashanti'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 AngloGold Ashanti's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting anglogold 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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Additional Tools for AngloGold Stock Analysis

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