Anglogold Ashanti Plc Stock Price on February 29, 2024

AU Stock  USD 22.99  1.81  7.30%   
Below is the normalized historical share price chart for AngloGold Ashanti plc extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of AngloGold Ashanti stands at 22.99, as last reported on the 1st of May, with the highest price reaching 23.69 and the lowest price hitting 22.91 during the day.
IPO Date
15th of December 1972
200 Day MA
18.995
50 Day MA
21.6728
Beta
0.36
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in AngloGold Stock, it is important to understand the factors that can impact its price. AngloGold Ashanti appears to be not too volatile, given 3 months investment horizon. AngloGold Ashanti plc secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for AngloGold Ashanti plc, which you can use to evaluate the volatility of the firm. Please makes use of AngloGold Ashanti's risk adjusted performance of 0.1356, and Mean Deviation of 2.27 to double-check if our risk estimates are consistent with your expectations.
  
At this time, AngloGold Ashanti's Other Stockholder Equity is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 15.8 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 3.1 B in 2024. . At this time, AngloGold Ashanti's Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 3.14 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (31.82). AngloGold Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1278

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Estimated Market Risk

 3.08
  actual daily
27
73% of assets are more volatile

Expected Return

 0.39
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
9
91% of assets perform better
Based on monthly moving average AngloGold Ashanti is performing at about 9% 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 AngloGold Ashanti by adding it to a well-diversified portfolio.
Price Book
2.4727
Enterprise Value Ebitda
11.8701
Price Sales
2.1845
Shares Float
344.7 M
Dividend Share
0.23

Related Headline

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AngloGold Ashanti Valuation on February 29, 2024

It is possible to determine the worth of AngloGold Ashanti on a given historical date. On February 29, 2024 AngloGold was worth 18.71 at the beginning of the trading date compared to the closed value of 18.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of AngloGold Ashanti stock. Still, in general, we apply an absolute valuation method to find AngloGold Ashanti's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of AngloGold Ashanti where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against AngloGold Ashanti's related companies.
 Open High Low Close Volume
  18.30    18.42    17.86    17.86    1,451,300  
02/29/2024
  18.71    18.90    18.37    18.46    2,168,000  
  18.87    19.54    18.69    19.34    2,106,200  
Backtest AngloGold Ashanti  |  AngloGold Ashanti History  |  AngloGold Ashanti Valuation   PreviousNext  
Open Value
18.71
18.46
Closing Value
27.96
Upside

AngloGold Ashanti Trading Date Momentum on February 29, 2024

On March 01 2024 AngloGold Ashanti plc was traded for  19.34  at the closing time. The highest price during the trading period was 19.54  and the lowest recorded bid was listed for  18.69 . The volume for the day was 2.1 M. This history from March 1, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 4.77% . The overall trading delta to the current price is 20.37% .

AngloGold Ashanti plc Fundamentals Correlations and Trends

By evaluating AngloGold Ashanti's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among AngloGold Ashanti's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. AngloGold financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About AngloGold Ashanti Stock history

AngloGold Ashanti 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 AngloGold is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in AngloGold Ashanti 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 AngloGold Ashanti stock prices may prove useful in developing a viable investing in AngloGold Ashanti
Last ReportedProjected for Next Year
Common Stock Shares Outstanding421.1 M362.3 M
Net Income Applicable To Common Shares341.6 M188.6 M

AngloGold Ashanti Quarterly Net Working Capital

1.01 Billion

AngloGold Ashanti Stock Technical Analysis

AngloGold Ashanti technical stock 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, stock market cycles, or different charting patterns.
A focus of AngloGold Ashanti technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of AngloGold Ashanti trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

AngloGold Ashanti Period Price Range

Low
February 29, 2024
-0.25  -1.34%
High

 18.71 

     

 18.46 

AngloGold Ashanti May 1, 2024 Market Strength

Market strength indicators help investors to evaluate how AngloGold Ashanti stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading AngloGold Ashanti shares will generate the highest return on investment. By undertsting and applying AngloGold Ashanti stock market strength indicators, traders can identify AngloGold Ashanti plc entry and exit signals to maximize returns

AngloGold Ashanti Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for AngloGold Ashanti's price direction in advance. Along with the technical and fundamental analysis of AngloGold Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of AngloGold 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.
When determining whether AngloGold Ashanti plc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if AngloGold Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Anglogold Ashanti Plc Stock. Highlighted below are key reports to facilitate an investment decision about Anglogold Ashanti Plc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AngloGold Ashanti 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 employment.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary 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.
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Is AngloGold Ashanti's industry 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)
Dividend Share
0.23
Earnings Share
0.1
Revenue Per Share
10.881
Quarterly Revenue Growth
0.021
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.