Anglogold Ashanti Plc Stock Market Value
| AU Stock | USD 25.20 0.75 2.89% |
| Symbol | AngloGold |
AngloGold Ashanti plc Price To Book Ratio
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of AngloGold Ashanti. If investors know AngloGold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about AngloGold Ashanti listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Earnings Share 1.33 | Revenue Per Share 12.668 | Quarterly Revenue Growth 0.308 | Return On Assets 0.0666 |
The market value of AngloGold Ashanti plc is measured differently than its book value, which is the value of AngloGold that is recorded on the company's balance sheet. Investors also form their own opinion of AngloGold Ashanti's value that differs from its market value or its book value, called intrinsic value, which is AngloGold Ashanti's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because AngloGold Ashanti's market value can be influenced by many factors that don't directly affect AngloGold Ashanti's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between AngloGold Ashanti's value and its price as these two are different measures arrived at by different means. Investors typically determine if AngloGold Ashanti is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AngloGold Ashanti'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.
AngloGold Ashanti '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 AngloGold Ashanti'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 AngloGold Ashanti.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in AngloGold Ashanti on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding AngloGold Ashanti plc or generate 0.0% return on investment in AngloGold Ashanti over 30 days. AngloGold Ashanti is related to or competes with Fortitude Gold, and GoldMining. AngloGold Ashanti Limited operates as a gold mining company in Africa, the Americas, and Australia More
AngloGold Ashanti 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 AngloGold Ashanti'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 AngloGold Ashanti plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 14.65 | |||
| Value At Risk | (4.20) | |||
| Potential Upside | 3.52 |
AngloGold Ashanti Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AngloGold Ashanti's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AngloGold Ashanti's standard deviation. In reality, there are many statistical measures that can use AngloGold Ashanti historical prices to predict the future AngloGold Ashanti's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.62) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AngloGold Ashanti's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
AngloGold Ashanti plc Backtested Returns
AngloGold Ashanti plc secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of standard deviation over the last 3 months. AngloGold Ashanti plc 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 1.97, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AngloGold Ashanti's returns are expected to increase less than the market. However, during the bear market, the loss of holding AngloGold Ashanti is expected to be smaller as well. At this point, AngloGold Ashanti plc has a negative expected return of -0.26%. Please make sure to confirm AngloGold Ashanti's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if AngloGold Ashanti plc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.18 |
Insignificant reverse predictability
AngloGold Ashanti plc has insignificant reverse predictability. Overlapping area represents the amount of predictability between AngloGold Ashanti time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 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 AngloGold Ashanti plc price movement. The serial correlation of -0.18 indicates that over 18.0% of current AngloGold Ashanti price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.36 |
AngloGold Ashanti plc lagged returns against current returns
Autocorrelation, which is AngloGold Ashanti 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 AngloGold Ashanti's stock expected returns. We can calculate the autocorrelation of AngloGold Ashanti returns to help us make a trade decision. For example, suppose you find that AngloGold Ashanti 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 |
AngloGold Ashanti 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 AngloGold Ashanti stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AngloGold Ashanti stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AngloGold Ashanti stock over time.
Current vs Lagged Prices |
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AngloGold Ashanti Lagged Returns
When evaluating AngloGold Ashanti's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AngloGold Ashanti stock have on its future price. AngloGold Ashanti 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, AngloGold Ashanti autocorrelation shows the relationship between AngloGold Ashanti stock current value and its past values and can show if there is a momentum factor associated with investing in AngloGold Ashanti plc.
Regressed Prices |
| Timeline |
Thematic Opportunities
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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.