Antofagasta Plc Stock Probability of Future Pink Sheet Price Finishing Under 4.34

ANFGF Stock  USD 25.55  0.55  2.20%   
Antofagasta PLC's future price is the expected price of Antofagasta PLC instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Antofagasta PLC performance during a given time horizon utilizing its historical volatility. Check out Antofagasta PLC Backtesting, Antofagasta PLC Valuation, Antofagasta PLC Correlation, Antofagasta PLC Hype Analysis, Antofagasta PLC Volatility, Antofagasta PLC History as well as Antofagasta PLC Performance.
  
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Antofagasta PLC Target Price Odds to finish below 4.34

The tendency of Antofagasta Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 4.34  or more in 90 days
 25.55 90 days 4.34 
near 1
Based on a normal probability distribution, the odds of Antofagasta PLC to drop to $ 4.34  or more in 90 days from now is near 1 (This Antofagasta PLC probability density function shows the probability of Antofagasta Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Antofagasta PLC price to stay between $ 4.34  and its current price of $25.55 at the end of the 90-day period is close to 99 .
Assuming the 90 days horizon Antofagasta PLC has a beta of 0.0423. This suggests as returns on the market go up, Antofagasta PLC average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Antofagasta PLC will be expected to be much smaller as well. Additionally Antofagasta PLC has an alpha of 0.2013, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Antofagasta PLC Price Density   
       Price  

Predictive Modules for Antofagasta PLC

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Antofagasta PLC. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Antofagasta PLC'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.
Hype
Prediction
LowEstimatedHigh
22.8825.0027.12
Details
Intrinsic
Valuation
LowRealHigh
21.8023.9226.04
Details
Naive
Forecast
LowNextHigh
23.0125.1427.26
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.8225.3025.77
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Antofagasta PLC. Your research has to be compared to or analyzed against Antofagasta PLC's peers to derive any actionable benefits. When done correctly, Antofagasta PLC's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Antofagasta PLC.

Antofagasta PLC Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Antofagasta PLC is not an exception. The market had few large corrections towards the Antofagasta PLC's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Antofagasta PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Antofagasta PLC within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.20
β
Beta against NYSE Composite0.04
σ
Overall volatility
1.45
Ir
Information ratio 0.04

Antofagasta PLC Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Antofagasta PLC for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Antofagasta PLC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
About 65.0% of the company shares are held by company insiders

Antofagasta PLC Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Antofagasta Pink Sheet often depends not only on the future outlook of the current and potential Antofagasta PLC's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Antofagasta PLC's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding985.9 M

Antofagasta PLC Technical Analysis

Antofagasta PLC's future price can be derived by breaking down and analyzing its technical indicators over time. Antofagasta Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Antofagasta PLC. In general, you should focus on analyzing Antofagasta Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.

Antofagasta PLC Predictive Forecast Models

Antofagasta PLC's time-series forecasting models is one of many Antofagasta PLC's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Antofagasta PLC's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.

Things to note about Antofagasta PLC

Checking the ongoing alerts about Antofagasta PLC for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Antofagasta PLC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
About 65.0% of the company shares are held by company insiders
Check out Antofagasta PLC Backtesting, Antofagasta PLC Valuation, Antofagasta PLC Correlation, Antofagasta PLC Hype Analysis, Antofagasta PLC Volatility, Antofagasta PLC History as well as Antofagasta PLC Performance.
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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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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Please note, there is a significant difference between Antofagasta PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Antofagasta PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Antofagasta PLC'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.