As of 17 of October AngloGold Ashanti shows Risk Adjusted Performance of 0.0699 and Mean Deviation of 2.72. AngloGold Ashanti technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for AngloGold Ashanti Limited which can be compared to its rivals. Please confirm AngloGold Ashanti Variance as well as the relationship between Value At Risk and Skewness to decide if AngloGold Ashanti is priced correctly providing market reflects its regular price of 20.59 per share. Given that AngloGold Ashanti has Jensen Alpha of 0.1873, we suggest you validate AngloGold Ashanti Limited prevailing market performance to make sure the company can sustain itself at future point.
AngloGold Ashanti Limited current and past analyst recommendations published by number of research institutions as well as average analyst consensus
|Target Price||Advice||# of Analysts|
|AngloGold Ashanti Analyst Advice|
|Horizon||30 Days Login to change|
AngloGold Ashanti Technical Analysis
AngloGold Ashanti Trend AnalysisUse this graph to draw trend lines for AngloGold Ashanti Limited. You can use it to identify possible trend reversals for AngloGold Ashanti as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual AngloGold Ashanti price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
AngloGold Ashanti Best Fit Change LineThe following chart estimates an ordinary least squares regression model for AngloGold Ashanti Limited applied against its price change over selected period. The best fit line has a slop of 0.004645 which suggests that AngloGold Ashanti Limited will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 0.82, which is the sum of squared deviations for the predicted AngloGold Ashanti price change compared to its average price change.
AngloGold Ashanti October 17, 2019 Technical Indicators
|Risk Adjusted Performance||0.0699|
|Market Risk Adjusted Performance||(0.15)|
|Coefficient Of Variation||1547.33|
|Total Risk Alpha||0.2652|
|Value At Risk||(5.08)|
|Expected Short fall||(2.86)|
AngloGold Ashanti October 17, 2019 Daily Price Condition
|Daily Balance Of Power||0.54|
|Rate Of Daily Change||1.03|
|Day Median Price||20.41|
|Day Typical Price||20.47|
|Price Action Indicator||0.47|