ANGLO AMERICAN (Botswana) Market Value
| ANGL-EQO | 408.25 0.00 0.00% |
| Symbol | ANGLO |
ANGLO AMERICAN '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 ANGLO AMERICAN'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 ANGLO AMERICAN.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in ANGLO AMERICAN on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding ANGLO AMERICAN PLC or generate 0.0% return on investment in ANGLO AMERICAN over 720 days.
ANGLO AMERICAN 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 ANGLO AMERICAN'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 ANGLO AMERICAN PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 12.97 |
ANGLO AMERICAN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ANGLO AMERICAN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ANGLO AMERICAN's standard deviation. In reality, there are many statistical measures that can use ANGLO AMERICAN historical prices to predict the future ANGLO AMERICAN's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.46) |
ANGLO AMERICAN PLC Backtested Returns
ANGLO AMERICAN PLC secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. ANGLO AMERICAN PLC exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ANGLO AMERICAN's Standard Deviation of 1.66, risk adjusted performance of (0.09), and Mean Deviation of 0.4184 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ANGLO AMERICAN's returns are expected to increase less than the market. However, during the bear market, the loss of holding ANGLO AMERICAN is expected to be smaller as well. At this point, ANGLO AMERICAN PLC has a negative expected return of -0.22%. Please make sure to confirm ANGLO AMERICAN's coefficient of variation, variance, treynor ratio, as well as the relationship between the standard deviation and information ratio , to decide if ANGLO AMERICAN PLC performance from the past will be repeated in the future.
Auto-correlation | 0.00 |
No correlation between past and present
ANGLO AMERICAN PLC has no correlation between past and present. Overlapping area represents the amount of predictability between ANGLO AMERICAN time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ANGLO AMERICAN PLC price movement. The serial correlation of 0.0 indicates that just 0.0% of current ANGLO AMERICAN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ANGLO AMERICAN PLC lagged returns against current returns
Autocorrelation, which is ANGLO AMERICAN 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 ANGLO AMERICAN's stock expected returns. We can calculate the autocorrelation of ANGLO AMERICAN returns to help us make a trade decision. For example, suppose you find that ANGLO AMERICAN 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 |
ANGLO AMERICAN 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 ANGLO AMERICAN stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ANGLO AMERICAN stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ANGLO AMERICAN stock over time.
Current vs Lagged Prices |
| Timeline |
ANGLO AMERICAN Lagged Returns
When evaluating ANGLO AMERICAN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ANGLO AMERICAN stock have on its future price. ANGLO AMERICAN 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, ANGLO AMERICAN autocorrelation shows the relationship between ANGLO AMERICAN stock current value and its past values and can show if there is a momentum factor associated with investing in ANGLO AMERICAN PLC.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for ANGLO 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.