AngloGold Ashanti (South Africa) Price on February 29, 2024

ANG Stock   45,220  35.00  0.08%   
If you're considering investing in AngloGold Stock, it is important to understand the factors that can impact its price. As of today, the current price of AngloGold Ashanti stands at 45,220, as last reported on the 1st of December, with the highest price reaching 46,000 and the lowest price hitting 45,012 during the day. AngloGold Ashanti secures Sharpe Ratio (or Efficiency) of -0.0822, which signifies that the company had a -0.0822% return per unit of standard deviation over the last 3 months. AngloGold Ashanti exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AngloGold Ashanti's mean deviation of 1.83, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide.
  
AngloGold Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0822

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Estimated Market Risk

 2.45
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.2
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average AngloGold Ashanti is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of AngloGold Ashanti by adding AngloGold Ashanti to a well-diversified portfolio.

AngloGold Ashanti Valuation on February 29, 2024

It is possible to determine the worth of AngloGold Ashanti on a given historical date. On February 29, 2024 AngloGold was worth 34826.17 at the beginning of the trading date compared to the closed value of 35528.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AngloGold Ashanti stock. Still, in general, we apply an absolute valuation method to find AngloGold Ashanti's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of AngloGold Ashanti where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AngloGold Ashanti's related companies.
 Open High Low Close Volume
  34,741    34,908    34,053    34,688    827,983  
02/29/2024
  34,826    35,740    34,209    35,529    2,252,619  
  35,183    35,797    34,883    35,456    1,564,545  
Backtest AngloGold Ashanti  |  AngloGold Ashanti History  |  AngloGold Ashanti Valuation   PreviousNext  
Open Value
34826.17
34,819
Downside
35528.85
Closing Value
34,834
Upside

AngloGold Ashanti Trading Date Momentum on February 29, 2024

On March 01 2024 AngloGold Ashanti was traded for  35,456  at the closing time. The highest price during the trading period was 35,797  and the lowest recorded bid was listed for  34,883 . The volume for the day was 1.6 M. This history from March 1, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.20% . The overall trading delta to the current price is 15.87% .

AngloGold Ashanti Fundamentals Correlations and Trends

By evaluating AngloGold Ashanti's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AngloGold Ashanti's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AngloGold financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About AngloGold Ashanti Stock history

AngloGold Ashanti investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for AngloGold is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AngloGold Ashanti will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing AngloGold Ashanti stock prices may prove useful in developing a viable investing in AngloGold Ashanti

AngloGold Ashanti Stock Technical Analysis

AngloGold Ashanti technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of AngloGold Ashanti technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AngloGold Ashanti trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

AngloGold Ashanti Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

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AngloGold Ashanti cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

AngloGold Ashanti December 1, 2024 Market Strength

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 entry and exit signals to maximize returns

AngloGold Ashanti Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for AngloGold Ashanti's price direction in advance. Along with the technical and fundamental analysis of AngloGold Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AngloGold to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary 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.
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