Antofagasta Plc Stock Price on September 30, 2019
| ANFGF Stock | USD 27.68 0.61 2.16% |
If you're considering investing in Antofagasta Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Antofagasta PLC stands at 27.68, as last reported on the 18th of April 2024, with the highest price reaching 27.68 and the lowest price hitting 27.67 during the day. Antofagasta PLC appears to be very steady, given 3 months investment horizon. Antofagasta PLC secures Sharpe Ratio (or Efficiency) of 0.23, which signifies that the company had a 0.23% return per unit of risk over the last 3 months. By analyzing Antofagasta PLC's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please makes use of Antofagasta PLC's Risk Adjusted Performance of 0.1399, downside deviation of 2.28, and Mean Deviation of 1.58 to double-check if our risk estimates are consistent with your expectations.
Antofagasta Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Antofagasta |
Sharpe Ratio = 0.2318
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Estimated Market Risk
| 2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 18 82% of assets perform better |
Based on monthly moving average Antofagasta PLC is performing at about 18% of its full potential. 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 Antofagasta PLC by adding it to a well-diversified portfolio.
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.
About Antofagasta PLC Pink Sheet history
Antofagasta PLC 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 Antofagasta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Antofagasta PLC 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 Antofagasta PLC stock prices may prove useful in developing a viable investing in Antofagasta PLC
It operates through Los Pelambres, Centinela, Antucoya, Zaldvar, Exploration and Evaluation, and Transport Division segments. Antofagasta plc is a subsidiary of Metalinvest Establishment. Antofagasta Plc operates under Copper classification in the United States and is traded on OTC Exchange. It employs 6883 people.
Antofagasta PLC Pink Sheet Technical Analysis
Antofagasta PLC technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Antofagasta PLC Period Price Range
Antofagasta PLC April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Antofagasta PLC pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Antofagasta PLC shares will generate the highest return on investment. By undertsting and applying Antofagasta PLC pink sheet market strength indicators, traders can identify Antofagasta PLC entry and exit signals to maximize returns
Antofagasta PLC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Antofagasta PLC's price direction in advance. Along with the technical and fundamental analysis of Antofagasta Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Antofagasta 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.
| Risk Adjusted Performance | 0.1399 | |||
| Jensen Alpha | 0.4747 | |||
| Total Risk Alpha | 0.3004 | |||
| Sortino Ratio | 0.183 | |||
| Treynor Ratio | (1.71) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Antofagasta PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Antofagasta PLC information on this page should be used as a complementary analysis to other Antofagasta PLC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Antofagasta Pink Sheet analysis
When running Antofagasta PLC's price analysis, check to measure Antofagasta PLC'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 Antofagasta PLC is operating at the current time. Most of Antofagasta PLC's value examination focuses on studying past and present price action to predict the probability of Antofagasta PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Antofagasta PLC's price. Additionally, you may evaluate how the addition of Antofagasta PLC to your portfolios can decrease your overall portfolio volatility.
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