AngloGold Ashanti Limited shows Mean Deviation of 1.26 and Risk Adjusted Performance of 0.2185. AngloGold Ashanti Limited 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 eighteen technical drivers for AngloGold Ashanti Limited which can be compared to its rivals. Please confirm AngloGold Ashanti Limited Information Ratio as well as the relationship between Potential Upside and Kurtosis to decide if AngloGold Ashanti Limited is priced correctly providing market reflects its regular price of 11.04 per share. Given that AngloGold Ashanti has Treynor Ratio of (1.43), we suggest you validate AngloGold Ashanti Limited prevailing market performance to make sure the company can sustain itself at future point.
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AngloGold Ashanti Limited Technical Analysis
AngloGold Ashanti Limited 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 0.07076 % which suggests that AngloGold Ashanti Limited will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 4.09, which is the sum of squared deviations for the predicted AngloGold Ashanti price change compared to its average price change.
AngloGold Ashanti Limited is rated below average in mean deviation category among related companies. It is rated below average in standard deviation category among related companies creating about 1.28 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for AngloGold Ashanti Limited is roughly 1.28