ANGLE Plc's market value is the price at which a share of ANGLE Plc trades on a public exchange. It measures the collective expectations of ANGLE plc investors about its performance. ANGLE Plc is trading at 9.00 as of the 23rd of March 2025, a 7.69 percent decrease since the beginning of the trading day. The stock's lowest day price was 8.56. With this module, you can estimate the performance of a buy and hold strategy of ANGLE plc and determine expected loss or profit from investing in ANGLE Plc over a given investment horizon. Check out ANGLE Plc Correlation, ANGLE Plc Volatility and ANGLE Plc Alpha and Beta module to complement your research on ANGLE Plc.
Please note, there is a significant difference between ANGLE Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if ANGLE Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ANGLE Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
ANGLE Plc 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to ANGLE Plc's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of ANGLE Plc.
0.00
04/03/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
03/23/2025
0.00
If you would invest 0.00 in ANGLE Plc on April 3, 2023 and sell it all today you would earn a total of 0.00 from holding ANGLE plc or generate 0.0% return on investment in ANGLE Plc over 720 days. ANGLE Plc is related to or competes with Coeur Mining, Symphony Environmental, CNH Industrial, Atalaya Mining, Blackrock World, Central Asia, and Tata Steel. ANGLE Plc is entity of United Kingdom. It is traded as Stock on LSE exchange. More
ANGLE Plc Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure ANGLE Plc's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess ANGLE plc upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for ANGLE Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ANGLE Plc's standard deviation. In reality, there are many statistical measures that can use ANGLE Plc historical prices to predict the future ANGLE Plc's volatility.
At this point, ANGLE Plc is slightly risky. ANGLE plc secures Sharpe Ratio (or Efficiency) of 0.0123, which signifies that the company had a 0.0123 % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for ANGLE plc, which you can use to evaluate the volatility of the firm. Please confirm ANGLE Plc's Mean Deviation of 3.52, insignificant risk adjusted performance, and Standard Deviation of 5.05 to double-check if the risk estimate we provide is consistent with the expected return of 0.0624%. The firm shows a Beta (market volatility) of 1.54, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, ANGLE Plc will likely underperform. ANGLE plc at this time shows a risk of 5.06%. Please confirm ANGLE plc standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if ANGLE plc will be following its price patterns.
Auto-correlation
0.40
Average predictability
ANGLE plc has average predictability. Overlapping area represents the amount of predictability between ANGLE Plc time series from 3rd of April 2023 to 28th of March 2024 and 28th of March 2024 to 23rd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ANGLE plc price movement. The serial correlation of 0.4 indicates that just about 40.0% of current ANGLE Plc price fluctuation can be explain by its past prices.
Correlation Coefficient
0.4
Spearman Rank Test
0.14
Residual Average
0.0
Price Variance
10.44
ANGLE plc lagged returns against current returns
Autocorrelation, which is ANGLE Plc stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting ANGLE Plc's stock expected returns. We can calculate the autocorrelation of ANGLE Plc returns to help us make a trade decision. For example, suppose you find that ANGLE Plc has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
ANGLE Plc regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If ANGLE Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ANGLE Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ANGLE Plc stock over time.
Current vs Lagged Prices
Timeline
ANGLE Plc Lagged Returns
When evaluating ANGLE Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ANGLE Plc stock have on its future price. ANGLE Plc autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, ANGLE Plc autocorrelation shows the relationship between ANGLE Plc stock current value and its past values and can show if there is a momentum factor associated with investing in ANGLE plc.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
ANGLE Plc financial ratios help investors to determine whether ANGLE 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 ANGLE with respect to the benefits of owning ANGLE Plc security.