AngloGold Price to Earning from 2010 to 2024

AU Stock  USD 21.99  0.60  2.81%   
Check AngloGold Ashanti financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AngloGold main balance sheet or income statement drivers, such as Depreciation And Amortization of 617.2 M, Interest Expense of 35.1 M or Total Revenue of 3.9 B, as well as many exotic indicators such as Short Term Coverage Ratios of 20.28, Price Earnings Ratio of 15.99 or Price To Sales Ratio of 2.63. AngloGold financial statements analysis is a perfect complement when working with AngloGold Ashanti Valuation or Volatility modules.
  
This module can also supplement AngloGold Ashanti's financial leverage analysis and stock options assessment as well as various AngloGold Ashanti Technical models . Check out the analysis of AngloGold Ashanti Correlation against competitors.

About AngloGold Ashanti Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include AngloGold Ashanti income statement, its balance sheet, and the statement of cash flows. AngloGold Ashanti investors use historical funamental indicators, such as AngloGold Ashanti's Price to Earning, to determine how well the company is positioned to perform in the future. Although AngloGold Ashanti investors may use each financial statement separately, they are all related. The changes in AngloGold Ashanti's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AngloGold Ashanti's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on AngloGold Ashanti Financial Statements. Understanding these patterns can help to make the right decision on long term investment in AngloGold Ashanti. Please read more on our technical analysis and fundamental analysis pages.
AngloGold Ashanti Limited operates as a gold mining company in Africa, the Americas, and Australia. AngloGold Ashanti Limited was incorporated in 1944 and is headquartered in Johannesburg, South Africa. Anglogold Ashanti operates under Gold classification in the United States and is traded on New York Stock Exchange.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AngloGold Ashanti in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AngloGold Ashanti's short interest history, or implied volatility extrapolated from AngloGold Ashanti options trading.

Pair Trading with AngloGold Ashanti

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AngloGold Ashanti position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AngloGold Ashanti will appreciate offsetting losses from the drop in the long position's value.

Moving against AngloGold Stock

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The ability to find closely correlated positions to AngloGold Ashanti could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AngloGold Ashanti when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AngloGold Ashanti - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AngloGold Ashanti Plc to buy it.
The correlation of AngloGold Ashanti is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AngloGold Ashanti moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AngloGold Ashanti Plc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AngloGold Ashanti can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 the analysis of AngloGold Ashanti Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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)
Earnings Share
0.1
Revenue Per Share
10.881
Quarterly Revenue Growth
0.021
Return On Assets
0.0215
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.